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Company Profile

Everipedia

Everipedia, renamed IQ.wiki in 2022, is a blockchain-based online encyclopedia, originally designed as a general purpose reference but has pivoted to focus on the cryptocurrency space. Everipedia was founded in 2014 and was officially launched in 2015, as a fork of Wikipedia. Larry Sanger joined the company in 2017, and resigned in 2019.

History
Everipedia (2014–2022) Everipedia, a portmanteau of "Everyone's Encyclopedia", began in December 2014 as a small project of Sam Kazemian and Theodor Forselius in Kazemian's college dormitory room at University of California, Los Angeles (UCLA). The encyclopedia launched in January 2015 as a fork of Wikipedia. Travis Moore joined the company as a co-founder in the winter of 2015 and Mahbod Moghadam joined as a co-founder in July 2015. In October 2015, George Beall was introduced to Everipedia at a presentation in California State University, San Bernardino. After selling his technology start-up Touch Tiles in January 2016, Beall joined the group of co-founders. In January 2017, they had eight full-time workers including two developers. , they raised $700,000 from angel investors. It was announced on February 8, 2018, that the company raised $30 million in funding headed by Galaxy Digital's EOS.io Ecosystem Fund. In December 2017, Everipedia announced that co-founder of Wikipedia, Larry Sanger, had become the chief information officer of Everipedia. On October 18, 2019, Sanger announced his resignation from this position. The majority of Everipedia's articles were copied from Wikipedia and promotional material about cryptocurrency and can still be accessed on the former domain. Inactivation and archival (2022–present) Everipedia was converted to a read-only archive in October 2022. Its parent company, IQ, has created a new crypto-only encyclopedia called IQ.wiki. ==Products==
Products
Blockchain signatures On December 6, 2017, the company announced plans to move to generating edits and storing information using the EOS blockchain. After the blockchain is implemented, the company plans to convert the points into a token currency. If the edit is not accepted, the user does not get their token back. Everipedia launched on the EOS blockchain on August 9, 2018. Everipedia says the blockchain model does not have centralized servers, therefore eliminating the cost of servers. As Everipedia is decentralized via blockchain, Forselius claims that it is not possible for governments to censor Everipedia by its assigned server IP addresses. On November 3, 2020, the Associated Press began publishing incoming results from that day's 2020 United States presidential election onto the Ethereum and EOS blockchains using the Everipedia OraQle. As of 2022, the company no longer registers signatures on the EOS blockchain and has since been using the Polygon blockchain to generate edits and store information. Polygon allows the signatures to be recorded without any gas fees, unlike other blockchains. The company has plans to support Ethereum and Binance Smart Chain in the future. == Content and users ==
Content and users
Everipedia adapted social media elements such as letting celebrities communicate with fans, and allowing users to create pages on any topic as long as the content is cited and neutral. Everipedia reportedly utilized a live Internet bot to monitor Wikipedia for changes, synchronizing such changes but giving preference to local edits on Everipedia. There are communities in Brazil, China, Germany, and India. Several dozen vandals were banned from Everipedia. In a 2017 interview with Boing Boing, Kazemian claimed that the Everipedia community normally identified a vandal within five minutes. The incidents included identifying innocent people as perpetrators of the 2017 Las Vegas shooting and the United Express Flight 3411 incident. Jeff John Roberts of The Outline raised concerns about the privacy ramifications of Everipedia, which developed many of its articles by gathering content from social media, creating publicly visible entries on non-notable individuals. Roberts also noted that trolls used Everipedia to promote conspiracy theories and defamatory comments. Everipedia previously offered a service for a monthly fee that allows for users and businesses to create tailored Everipedia entries that get "full-time monitoring for updates and preventing vandalism". ==See also==
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