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What is IQ?

IQ is a cryptocurrency designed to reward and incentivize knowledge sharing on the IQ.wiki platform. It powers a decentralized AI-driven encyclopedia, aiming to build a community around reliable and accessible information in the blockchain space. The IQ token functions as both a governance and DeFi token, enabling stakeholders to participate in platform governance and staking activities.

How does IQ work?

IQ operates on multiple blockchains including Polygon, EOS, Ethereum, and BNB Chain. It uses a staking mechanism similar to Proof of Stake (PoS), where users lock their IQ tokens to gain "Brainpower" (BP), which is used for editing and governing the network. IQ integrates AI tools like IQ GPT and IQ Code to enhance functionalities such as coding smart contracts and managing the encyclopedia content. The tokenomics of IQ follow a halving model analogous to Bitcoin's, which aims to control inflation and reward ecosystem participants.

What are the potential use cases for IQ?

IQ has several use cases, primarily focusing on decentralized finance and blockchain governance. It powers the world's largest blockchain encyclopedia, IQ.wiki, facilitates community-driven blockchain education through IQ.social, and supports AI-based smart contract development via IQ Code. The token is pivotal for staking, earning yields, participating in governance decisions, boosting content visibility, and purchasing NFTs.

What is the history of IQ?

The origins of IQ trace back to Everipedia, a decentralized encyclopedia launched in 2014. In 2018, it transitioned to a blockchain-based platform with the introduction of the IQ token. By 2022, Everipedia rebranded to IQ.wiki and extended its platform onto the Polygon blockchain, enhancing scalability. In 2023, the IQ ecosystem further expanded with the introduction of IQ GPT, blending AI with blockchain knowledge to deliver real-time data and insights. These developments reflect a robust history of growth and innovation within the crypto and blockchain domains.