Everipedia Crypto: A Smart Investment Decision?

Everipedia, now known as IQ.wiki, is a blockchain-based online encyclopedia that was founded in 2014 and officially launched in 2015. The platform has its own cryptocurrency, IQ, which is available on several blockchain networks, including EOS, Ethereum, Polygon, and BNB Chain. The IQ token is used for governance and staking, with users earning yields on the platform's native token. As of September 2024, the price of IQ is $0.005511, with a 24-hour trading volume of $40.45 million. In this discussion, we will explore whether Everipedia crypto is a good investment opportunity.

How does the market feel about Everipedia today?

Everipedia's price today is US$0.005511, with a 24-hour trading volume of $40.45 million. In the last 24 hours, IQ has remained unchanged at +0.00%. The circulating supply of IQ is 18.91 billion, with a maximum supply of 21 billion IQ.

Everipedia is a decentralised knowledge base and DeFi platform that includes a prediction market, money market, and synthetic asset system. The IQ token is at the heart of the platform, powering all applications and governance.

The IQ crypto project, formerly known as Everipedia, has roots going back to 2014 when it was founded by Sam Kazemain and Theodor Forselius. It has since rebranded to IQ.wiki in 2022 and transitioned to the Polygon blockchain. The project's mission is to educate the world on blockchain technology and cryptocurrency, utilising blockchain and AI to achieve this.

The market appears to be neutral on Everipedia, with a steady price and reasonable trading volume. The platform has a large community and a good deal of history, which are positive signs. The project also has a unique use case, aiming to educate people on blockchain and crypto, which is a novel approach in the crypto space.

However, it is worth noting that the price of Everipedia is still relatively low, and the project has a large circulating supply, which may impact its potential for significant growth. Additionally, the lack of a clear roadmap and active votes on the IQ voting page may make it challenging to determine the exact plans for the project's future.

Overall, the market seems to view Everipedia as a stable project with a unique mission, but there may be questions about its ability to achieve significant price appreciation.

What is the price of Everipedia?

The price of Everipedia, as of 21 September 2024, is US$0.005511, with a 24-hour trading volume of $40.45 million. In the last 24 hours, Everipedia's IQ token has seen a 0.00% change. The token has a circulating supply of 18.91 billion and a maximum supply of 21 billion.

Everipedia's price has fluctuated over time, with an average price of $0.01736. The cryptocurrency has a market cap of approximately 140 million U.S. dollars and has been ranked as high as 189th in the world.

Everipedia can be purchased on several platforms, including Crypto.com, Coinbase, OKEx, Pionex, and Bittrex.

How to buy Everipedia?

How to Buy Everipedia (IQ)

Everipedia is a blockchain-based online encyclopedia that was founded in 2014. The company raised capital through angel investors and seed funding, and has since grown to include a range of investment options. Here is a step-by-step guide on how to buy Everipedia (IQ):

Step 1: Choose a Platform

There are several ways to buy Everipedia (IQ), and the most popular options include Centralized Exchanges (CEXs), Decentralized Exchanges (DEXs), and Crypto Wallets.

• CEXs are the simplest and most common way to buy, hold, and trade crypto. Reputable CEXs include Coinbase, the largest cryptocurrency exchange in the U.S.
• DEXs provide trustless crypto swapping based on self-executing smart contracts and offer more privacy, as there are no sign-up or identity verification requirements. Examples of DEXs include Uniswap and MetaMask.
• Crypto Wallets allow you to buy certain cryptocurrencies directly and offer more control over your assets. Popular crypto wallets include MetaMask and KuCoin Wallet.

Step 2: Set Up Your Account

Once you've chosen your preferred platform, you will need to create an account and set up your payment method.

• For CEXs, you will need to enter the required information, set a secure password, and enable two-factor authentication for added security. You may also need to verify your identity through a KYC process.
• For DEXs, you will need to connect your compatible wallet to the DEX.
• For Crypto Wallets, you will need to download the wallet application to your device and create a new wallet address or import an existing one. Be sure to securely store your seed phrase to access your wallet.

Step 3: Purchase Everipedia (IQ)

After setting up your account, you can now purchase Everipedia (IQ).

• For CEXs, you can use fiat currency or do a crypto-to-crypto exchange by first purchasing a popular cryptocurrency and then exchanging it for Everipedia (IQ).
• For Crypto Wallets, you can purchase Everipedia (IQ) directly if supported by your wallet, using a supported payment method. Alternatively, you can buy a popular cryptocurrency and then exchange it for Everipedia (IQ) through your crypto wallet or a decentralized exchange.
• For DEXs, you will first need to buy the base currency from a secure CEX and then transfer it to your web3 wallet. After that, you can swap your base currency for Everipedia (IQ).

Step 4: Store or Use Your Everipedia (IQ)

Once you've purchased Everipedia (IQ), you can choose to store it in your Exchange wallet or a personal cryptocurrency wallet. You can also trade it for other cryptocurrencies or stake it on your Exchange for additional passive revenue.

Remember to do your own research and assess your risk tolerance before investing in any cryptocurrency.

How to store Everipedia?

Everipedia (IQ) is a blockchain-based online encyclopedia. It was founded in 2014 and launched in 2015 as a fork of Wikipedia. In 2022, Everipedia was renamed IQ.wiki.

As Everipedia is on the Ethereum network (ERC-20), it can be stored using any ETH-compatible wallet. Here are some options for storing your Everipedia:

Hardware Wallets

Hardware wallets are the most secure option, especially if you are storing a large amount of Everipedia or planning to hold it long-term. These wallets cost money but offer robust safety features for storing cryptographic assets and securing digital payments. Examples include:

• Ledger Nano S and Ledger Nano X
• Trezor One and Trezor Model T

Software Wallets

Software wallets are a good option if you are looking for a free solution. They are less secure than hardware wallets but can still provide a reasonable level of security for smaller amounts of Everipedia. Examples include:

• Exodus: An all-in-one app to secure, manage and exchange blockchain assets.
• Coinomi: A security-first multi-asset SegWit-enabled wallet for Bitcoin, Altcoins, and tokens.
• MetaMask: Available as a browser extension and mobile app, MetaMask offers a key vault, secure login, and token wallet.
• Trust Wallet: Supports over 40 blockchains and 160,000+ assets and is available on iOS and Android.
• ImToken: A free mobile cryptocurrency wallet available on iOS and Android.

Storing on Exchanges

You can also store your Everipedia on exchanges after purchase, but this is generally not recommended due to security concerns. It is better to use a dedicated wallet to ensure the security of your Everipedia tokens.

Is Everipedia a good investment?

Everipedia, now known as IQ.wiki, is a blockchain-based online encyclopedia that was founded in 2014 and officially launched in 2015. The platform has undergone several changes and updates since its inception, including a recent transition to the Polygon blockchain and a focus on utilizing AI.

Investment Considerations:

When considering whether Everipedia is a good investment, there are several factors to keep in mind:

• Longevity and Milestones: Everipedia has been around since 2014, which is impressive in the fast-evolving crypto sphere. It has also achieved several milestones, including receiving funding from major investors, launching as the world's first blockchain encyclopedia, and partnering with reputable organizations like the Associated Press.
• Addressing a Real Problem: The project aims to educate the world about blockchain technology and cryptocurrencies, addressing a knowledge gap in this rapidly growing field.
• Decentralization and Transparency: By utilizing blockchain technology, Everipedia offers a high level of decentralization and transparency. This ensures that information is securely stored and accessible to all users.
• Active Community and Engagement: Everipedia has an active community with thousands of registered editors and millions of monthly users. This engagement is crucial for the platform's success and can drive its long-term growth.
• Tokenomics and Use Cases: The native cryptocurrency of Everipedia, the IQ coin, has use cases beyond the platform. It can be used for staking, governance, and incentivizing contributions to the encyclopedia. The tokenomics include a maximum supply of 21 billion IQ tokens, and it is available on multiple blockchain networks.
• Price History and Predictions: The IQ coin's price has fluctuated since its launch, reaching an all-time high of $0.076 in 2018. While the current price is significantly lower, the upcoming bull run could potentially propel it higher. However, it's important to remember that crypto predictions are speculative.

Whether Everipedia is a good investment depends on various factors, including your risk tolerance, investment goals, and the overall market conditions. While the project has a strong foundation and has achieved significant milestones, it's essential to do your own research and carefully consider the volatility of the cryptocurrency market before making any investment decisions.

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