Meet Everipedia IQ – the token issued by the world’s largest decentalized encyclopedia which is finally available for trading on the crypto exchange Binance. This listing also completed another milestone in the EOS news when IQ became the first ever EOS token to get listed on the exchange.
Currently, Binance is the largest exchange which makes the co-founder and CEO of Everipedia, Theodor Forselius, even more proud. As he recently noted:
“This milestone is a significant indicator of the growth and maturity of Everipedia and the IQ ecosystem, as well of the EOS ecosystem with Everipedia leading the way.”
The Binance listing announcement is coming only one week after the encyclopedia announced a big push with the company into the DeFi (decentralized finance) space. Here, the company wants to release a comprehensive roadmap which will outline all future DeFi initiatives.
The Binance news also show that Everipedia IQ is getting listed because of the authority of the company, which is why the exchange also released a comprehensive research report on the Everipedia website and details about upcoming initiatives by the company.
“Everipedia is the world’s first encyclopedia to use blockchain technology. Our next step is to build out our decentralized finance products into the platform using the same blockchain innovations that we are known for,” said Sam Kazemian, Co-Founder and President of Everipedia. “We’re looking forward to working with Binance to ensure the greatest number of community members have access to the utility of the diverse Everipedia ecosystem.”
For those of you who don’t know, Everipedia is an online encyclopedia which raised $30 million in a round which was led by Galaxy Digital to build a decentralized knowledge base and other blockchain initiatives. It originally started in 2014 as a modern and more inclusive alternative to Wikipedia – soon becoming the first online encyclopedia which uses blockchain to allow content creators to become stakeholders and earn rewards for their contributions.
Since then, the encyclopedia reached many milestones such as hitting 300 million Wiki views, more than 50,000 daily active users and the Everipedia IQ token which now gets exclusive trading on Binance.
The biggest picture shows that the Binance listing of Everipedia IQ establishes a direct connection between IQ and BNB holders, providing them with an efficient exchange mechanism as well as giving more utility to both assets.
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