Everipedia is an online wiki-based encyclopedia. It started operations at the end of 2014 with the site officially started January 2015. Everipedia has the goal to create an encyclopedia that has access to everything. It does not want to be a restrictive website like Wikipedia. This allows users to make pages with any topic they desire, as long as their content is neutral and cited. Everipedia makes use of blockchain tech with their August 9th, 2018 move to the EOS blockchain.
Watch the full interview with Everipedia here:
Operations using Blockchain
At the ending of 2017, the firm made it public that it would move on to storing information and generating edits making use of EOS blockchain. Everipedia also made it known that a peer to peer wiki network was being built. This would add to an incentive system by using cryptocurrency tech to make editors feel encouraged with tokens of monetary value. This is what makes blockchain used for cryptocurrencies like bitcoin highly important in the running of this firm by its owners. Without it, the generation of edits and information storage would have been quite difficult.
Background of the Everipedia Company
Starting up in December 2014, it started a little project for Theodor Forselius and Sam Kazemian in the dormitory room of Kazemian at the University of California, in Los Angeles. It continued in January 2015. Travis Moore joined the firm as a co-founder in the winter of 2015 and another Co-founder Mahbod Moghadam joined in July 2015.
Everipedia is operated and owned by Everipedia, Inc. A lot of its users enjoy the fact it is made from the portmanteau of both the encyclopedia and everything. It was formerly known as everyone’s encyclopedia.
This firm raised enough capital and got funded by Angel investors. The first seed funding was gotten in July 2015 and this was close to $130,000 on Wefunder. In January 2017, they got about $700,000 from angel investors. On February 8, 2018, it was announced that the company got about thirty million dollars in funding which was headed by the Galaxy Digital EOS.
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