Wikipedia Competitor Everipedia’s Blockchain Is Now Live

August 10, 2018 4:26 AM | By Jit Sutradhar Business News News Use Cases & Verticals

The mainnet for decentralized encyclopedia startup Everipedia is now live.

The blockchain-based Wikipedia competitor announced the launch on Thursday, allowing users to earn its IQ tokens for adding or editing articles to the platform. These tokens, in turn, will let users participate and vote on network governance issues.

Everipedia’s developers hope that this type of model will ensure that the platform remains fully independent of donations or advertisements. At the same time, the push toward decentralization is aimed at making the platform itself “uncensorable.”

While Everipedia was previously accessible by anyone with an internet connection, the mainnet launch means it will now move from a traditional Web hosting service to a blockchain with a new URL.

The platform is built on top of the EOS blockchain platform, with Everipedia having moved to the EOS network earlier this year.

Everipedia announced that it would initially distribute its IQ tokens through an airdrop after EOS went live. Any user who owned EOS tokens could receive IQ tokens, the startup said at the time.

The startup notably boasts Wikipedia co-founder Larry Sanger as its chief information officer, as previously reported by CoinDesk.

In a statement, Sanger praised the launch, saying “we are elated to release our minimum viable network which allows users to vote on and create articles in a decentralized manner for the first time.”

Image via Shutterstock

Article Source: http://www.coindesk.com