Wikipedia co-founder Larry Sanger joins Everipedia, site seeking to become better version of online encyclopedia by using blockchain solutions

Briefing

Wikipedia co-founder Larry Sanger joins Everipedia, site seeking to become better version of online encyclopedia by using blockchain solutions

December 14, 2017

Briefing

  • 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

Accelerator

Business Model and Practices

Business Model
and Practices

Sector

Media and Entertainment

Organization

Wikipedia

Source

Original Publication Date

December 6, 2017

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