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Topic: Wikipedia's Decentralized Competitor Everipedia Goes Live (Read 141 times)

copper member
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Merit: 3
I think in the future everything will be decentralised!
newbie
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Everipedia also reportedly received funding of 30 million US dollars, the funds come from Mike Novograts' Digital Galaxy. According to Everipedia co-founder Sam Kazemian, the funds will be used to finance the blockchain protocol they are developing.

The protocol is made for digital tokens such as the ethereum token which later becomes the key backend from Everipedia. The tokens will be given to EOS holders, a decentralized platform for virtual currencies.

The token holder will get some access such as writing articles on Everipedia, monitoring site activity, and updating articles.

This blockchain protocol makes the article editing process more transparent. When editing an article, the token holder must give a little guarantee to avoid editing dubious articles.

So, if the edited article is invalid, the token holder must give up the digital guarantee. The token holder also has voting rights to choose what you want to add on the Everipedia site.
jr. member
Activity: 95
Merit: 1
Everipedia which is considered to be the biggest competitor of Wikipedia is live now. It is the first decentralized internet encyclopedia that is based on the blockchain technology. Everipedia is uncensored in terms of information and also it comes under no central power.

Everipedia is live now and it has 6 million articles, which is more than Wikipedia that has been around for 17 years now.

According to the team of Everipedia, the site is totally free from ads and promotions. It is decentralized and made for ‘truth-seekers.’

The information shared is not bound to the countries and regions and can be viewed by anyone even if it's banned. The co-founder and CEO of the organization, Theoder Foselius says,

“Wikipedia is largely older white men, we’ve tried to focus on getting a lot of female edits, younger editors, and diverse background and ethnicities.”

There are many differences between these two platforms. At Wikipedia, the contributors work for free but Everipedia has introduced the concept of incentives that will encourage people to contribute for it.

Everipedia will reward the contributors with the IQ tokens. IQ tokens will allow the holder eligible to governance and voting rights of the organization. Everipedia is under no central server and no centralized power. The project’s existence is not liable to a few people. The CEO says, “If everyone on the team got abducted tomorrow, the site would keep running.”

Click Here to read, what co-founder of Wikipedia, Larry Sanger says.
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