Briefing
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- Everipedia – Joint venture-backed startup’s site seeking to become better version of Wikipedia by creating decentralized blockchain-based encyclopedia, with help of Wikipedia’s co-founder Dr. Larry Sanger
- Blockchain Platform – Everipedia will use smart contracts to create censor-proof system of editing and storing articles, as well as incentivizing contributors with crypto tokens, called IQ tokens
- Additional Benefits – Include incentivizing higher quality peer-to-peer resource through monetary value, decreased server costs due to decentralization, as well as being uncensorable
- Expected Outcome – Company expects blockchain solution to be implemented by September 2018
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Accelerator
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Business Model and Practices
Business Model and Practices
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Sector
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Media and Entertainment
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Organization
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Wikipedia
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Source
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Original Publication Date
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December 6, 2017
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