This article is a repost of Everipedia’s official announcement.
For almost 2 years, we’ve built Everipedia on the EOS mainnet and have grown the platform to over 2 million users and readers a month, including thousands of EOS wallet/transacting individuals staking+earning IQ tokens. The IQ token has one of the largest distributions of any token with over 160,000 unique address holders thanks to our mainnet airdrop in 2018.
With Everipedia we’ve built the largest decentralized application for learning. With PredIQt, we are building an all-in-one DeFi platform for earning and investing. Everipedia will no longer be known as a single dApp, but instead will be a unified entity and will be rebranded as Everipedia+PredIQt to better tackle this mission.
PredIQt is the Everipedia team’s 2nd dApp and soon-to-be full DeFi platform. The dApp offers full prediction market functionality with even more features than Augur currently. Users can create, participate, and resolve markets, all of which are powered by the IQ token. We have made great strides in a short amount of time, but we are only getting started. In the near future, expect PredIQt to have a dynamic ecosystem full of DeFi building blocks that complement each other synergistically.
Everipedia+PredIQt’s mission is to bring market forces to knowledge. This means that the IQ token’s utility encompasses two distinct areas: 1.) It governs bringing real-world data on-chain (encyclopedia articles, oracles, sources of truth) 2.) It brings market forces to knowledge and real-world events (prediction markets, synthetic assets, DeFi products).
We believe the next generational innovation in blockchain is DeFi and thus have built PredIQt to be the first decentralized prediction market dApp on EOS. While PredIQt is currently a full-featured prediction market, there are a slew of DeFi primitives coming to the platform such as synthetic assets (branding as ‘IQ smart assets’), lending+money markets, and leverage. All of these features governed by, fees paid with, markets resolved through, and interest paid out to IQ token holders. The IQ token will be central to governing and powering the entire Everipedia+PredIQt platform.
Users will soon be able to earn yield, lever up, and dramatically increase their investments while using PredIQt. We’re very excited to make the IQ token ecosystem into a unified platform in Everipedia (knowledge+social) & PredIQt (DeFi).
Lastly, in addition to being one of the flagship tokens on EOS, we also have plans to issue the IQ token on various chains including ETH, Binance Chain, and potentially Polkadot (and other chains if appropriate). IQ will be ubiquitous, as will its utility. The goal of this cross-chain initiative will be to capture as much value and market share for Everipedia+PredIQt as possible. Our mission is to become the knowledge & DeFi platform that has a presence on every reputable blockchain network. We want Everipedia+PredIQt to be everywhere.
Expect some very exciting announcements soon in quick succession, big things are coming!
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