As we speak’s article will aid you get acquainted with the IQ crypto venture and the IQ coin. We are going to begin issues off by overlaying the fundamentals and answering what the IQ crypto venture from IQ.wiki is all about. As such, we are going to cowl the venture’s fundamentals, roadmap, and neighborhood.
Earlier than specializing in the IQ token, we will even try to reply what the way forward for IQ.wiki might appear like. Then, we’ll clarify what the IQ coin is, what its tokenomics appear like, and what its use circumstances are. In flip, you’ll be able to observe our IQ token worth evaluation and speculate on the asset’s future worth with our IQ worth prediction.
All in all, the data supplied all through the next sections will aid you decide whether or not or not IQ crypto is an efficient funding. Moreover, that will help you decide that with even larger confidence, you’ll wish to make the most of the ability of Moralis Cash. That is additionally the software to search out and discover different altcoin alternatives cross-chain.
What’s the IQ Crypto Mission from IQ.Wiki? Exploring the Largest Crypto Encyclopedia
The IQ crypto venture from IQ.wiki is on a mission to teach the world on blockchain know-how. It goals to satisfy this mission through the use of blockchain know-how and synthetic intelligence (AI). By combining the ability of those two revolutionary technological options, the previous Everipedia crypto venture goals to scale crypto data.
As chances are you’ll know, the crypto sphere is evolving shortly, and new initiatives are coming into the scene day by day. Therefore, it’s fairly spectacular to see a venture that has its roots again in 2014 nonetheless round. It was in that 12 months that Sam Kazemain and Theodor Forselius based Everipedia of their UCLA dorm room. They quickly joined forces with Travis Moore, who was the corporate’s first CTO and is now thought of one of many three founders.
You may as well see that the Everipedia crypto venture has been round since 2014 by wanting on the venture’s X (previously Twitter) profile:
Right here’s a fast overview of the core Everipedia crypto venture’s milestones:
- 2014 – Kazemain, Forselius, and Moore based Everipedia.
- 2017 – The venture’s founders introduced their plan to create the world’s first blockchain encyclopedia.
- 2018 – Galaxy Digital invested $30 million into the venture, the staff launched the IQ coin, and the Everipedia venture formally launched because the world’s first blockchain encyclopedia.
- 2020 – The venture created the OraQles service that permits verified events to convey real-world info on-chain. The Related Press used OraQles to publish US election race calls.
- 2022 – The venture transitioned from the Ethereum chain to Polygon and the Everipedia crypto venture rebranded into IQ.wiki. The rebranding was accompanied by a number of new Web3 options and integrations.
- 2023 – The IQ crypto venture built-in OpenAI and made correct implementation and utilization of AI a necessary a part of this on-chain encyclopedia.
IQ Crypto Mission’s Fundamentals
At any time when you’re getting acquainted with a crypto venture, you wish to take a better take a look at its fundamentals. This is called the basic evaluation (FA), and there are numerous strategies on find out how to do it. Nevertheless, it sometimes begins by taking a better take a look at the venture’s official web site, documentation, whitepaper, socials, staff, and many others.
So, when performed correctly and in-depth, FA is a slightly prolonged course of that exceeds the scope of this text. Nonetheless, you possibly can consider this text as a kind of FA overview.
Above, you already discovered in regards to the venture’s path and that it has been round for some time now. That’s sometimes a really constructive signal.
The previous Everipedia crypto venture can also be tackling the precise drawback of individuals not being correctly knowledgeable about blockchain know-how and cryptocurrencies. Plus, it goals to take action by using this new tech itself.
For example, the venture has its personal cryptocurrency (extra on the IQ coin under), decentralized autonomous group (DAO) BrainDAO, makes use of IPFS to retailer knowledge and pictures, runs on the Polygon blockchain, and extra.
As well as, as of 2023, the venture began integration and using the ability of AI, which provides it an extra edge.
Whereas IQ.wiki has democratic governance, it additionally has a completely doxxed staff:
You possibly can go to the “Meet our staff” part on the About web page and browse extra about every core staff member. For example, the above screenshot reveals the three Everipedia founders.
We weren’t capable of finding any roadmap for this blockchain encyclopedia venture. Nevertheless, it’s price stating that roadmaps are primarily relevant for initiatives which are simply launching and haven’t delivered something tangible but. And that’s undoubtedly not the case with former Everipedia.
In any case, the IQ crypto venture is up and working. It already presents hundreds of crypto articles, has an energetic DAO, a crypto token with an precise use case, and is actively on the lookout for new methods so as to add extra worth and enhance the IQ ecosystem.
With that in thoughts, we suggest you go to the venture’s official web page and discover the IQ ecosystem, together with the crypto wikis (t.i., the IQ articles). For example, you need to use the search bar to search out wikis, discover the most recent matters, check out “Wiki Rank” by market cap, or use the highest menu choices to discover different choices.
And if you wish to edit or create wikis, be sure to take a look at “IQ Study” and the venture’s FAQ web page.
Because the venture has been round for a number of years, it additionally has a slightly giant neighborhood. So, there are a lot of methods to get entangled with the “IQ” people. For example, you possibly can observe the above-presented venture’s Twitter account, be a part of their Discord and Telegram teams, observe them on Instagram, interact within the Everipedia subreddit, and extra.
Nevertheless, if you’re severe about becoming a member of the IQ neighborhood, you ought to contemplate becoming a member of BrainDAO. The venture invitations everybody to hitch its mission to increase the scope of human data by way of its governing DAO, which powers the IQ ecosystem.
What’s the Way forward for IQ.Wiki?
As identified above, there’s no roadmap main ahead. Plus, there aren’t any energetic votes (on the time of writing) on the IQ voting web page of the BrainDAO dashboard. Subsequently, it’s laborious to say what the precise plans are for the IQ crypto venture sooner or later. Nevertheless, there are some feedback from the venture relating to “HiIQ Mind Move NFTs.” These NFTs are presupposed to be assigned to those that stake the IQ coin. Plus, customers will have the ability to purchase these NFTs with IQ tokens.
Nevertheless, given the 2022 rebranding and transition to the Polygon blockchain, it’s protected to say the venture is alive and kicking. So, we will anticipate the variety of high quality wiki pages to proceed to extend. It’s additionally protected to anticipate extra incentives to be provided for IQ neighborhood members in addition to content material contributors. Plus, new crypto and AI tech integration by the IQ venture sooner or later are additionally extremely probably.
What’s the IQ Coin?
The IQ coin is the native cryptocurrency of the IQ crypto venture. The token went dwell again in 2018 on the EOS blockchain, the place it served the Everipedia crypto as a utility and governance token. Nevertheless, again in 2021, the IQ token was additionally launched on the Ethereum chain (as an ERC-20 token), the place it could possibly be transferred by way of the EOS-ETH bridge. The IQ bridge is obtainable inside the BrainDAO dashboard:
You may as well discover $IQ on BNB Chain and Polygon. With that in thoughts, it’s clear that the IQ token is a cross-chain cryptocurrency, and it’s on the coronary heart of this former Everipedia crypto venture.
IQ Crypto’s Tokenomics
With regards to $IQ’s tokenomics, we have to take into account the IQIP-14 proposal. The latter befell in October 2022 and proposed new tokenomics for the IQ coin. It efficiently handed.
Following the IQIP-14 recommendations, devs put in place new mechanisms that made $IQ behave extra like Bitcoin. For example, the replace included a “halving” mannequin and a brand new most provide capped at 21 billion IQ tokens.
Right here’s the gist of IQ’s tokenomics:
- Token identify: IQ
- Image: IQ ($IQ)
- Chains: EOS, Ethereum, Polygon, BNB Chain
- Token sensible contract addresses:
- 0x579cea1889991f68acc35ff5c3dd0621ff29b0c9 (on Ethereum)
- everipediaiq (on EOS)
- 0xB9638272aD6998708de56BBC0A290a1dE534a578 (on Polygon)
- 0x0e37d70b51ffa2b98b4d34a5712c5291115464e3 (on BNB Chain)
- Most provide: 21,000,000,000 (as per IQIP-14)
Use Circumstances of the IQ Token
The IQ crypto venture categorizes the IQ coin as a DeFi and governance token. The previous involves play by way of IQ staking, often called HiIQ. As such, $IQ stakers earn a yield on the platform’s native token, which qualifies it as a DeFi token.
Plus, by staking this native token, customers additionally get their governance rights, which classifies $IQ as a governance token.
It’s additionally price stating that the token is managed by BrainDAO. In any case, the latter holds a treasury of assorted digital property, together with IQ tokens.
Nonetheless, tokens additionally incentivize contributions to the IQ.wiki encyclopedia. Plus, BrainDAO has the ability to make use of the IQ token rewards to incentivize the testing and improvement of synthetic intelligence and different new integrations of the platform and your complete IQ ecosystem.
IQ Coin Value Evaluation
As a result of cross-chain nature of $IQ and a comparatively lengthy historical past, there are a lot of charts on the market that do paint your complete image. As such, it is best to make use of CoinMarketCap or CoinGecko to have a look at the IQ worth:
By doing so, we will see your complete IQ worth knowledge on a single chart. In fact, overlaying 5 years’ price of worth motion on a single chart is just not good for detailed evaluation; nevertheless, it’s nice for a correct overview.
So, by wanting on the above chart, we will instantly get the massive image. For example, it’s clear that after reaching as excessive as $0.076-ish (ATH) on July 16, 2018, which was shortly after the token’s launch, $IQ has by no means reached these ranges once more.
In fact, the worth motion of the token additionally corresponds to your complete crypto market’s cycles. The bear market that began in 2018 hit $IQ fairly laborious. So, on March 13, 2020, the token hit its all-time low (ATL) worth of $0.0006241.
Nevertheless, the venture managed to outlive, and the worth of the token elevated in worth in the course of the bull run that adopted. The token reached a brand new native excessive at $0.035-ish within the spring of 2021, when developments once more shifted to the draw back for many alts.
As we’re nonetheless within the ending part of that bear season, the worth of the IQ coin stays considerably decrease than its ATH. Nevertheless, at $0.0052-ish, the worth of $IQ sits about 80% above this season’s low.
$IQ Coin Value Prediction
First, that you must understand that, like all crypto predictions, any IQ worth prediction is very speculative.
Nevertheless, for the reason that venture had a profitable rebranding and transitioned to a preferred chain like Polygon, the long run for the IQ crypto venture and its native token seems fairly optimistic. Therefore, it is extremely probably for the token to revisit a few of its earlier ranges of significance above the present worth because the upcoming bull market takes off.
As such, these are the IQ worth prediction ranges which are most probably to happen because the bull market evolves:
And if the token manages to interrupt above the best degree of the earlier bull run ($0.035-ish), it should have likelihood of reaching its ATH ranges (as much as $0.076-ish).
Nevertheless, understand that the IQ’s circulating provide is altering, so this makes additional complicates any dependable IQ worth prediction makes an attempt. Nonetheless, it isn’t unattainable for $IQ to go previous its ATH.
Is IQ Crypto a Good Funding?
Allow us to begin by stating that we’re not monetary advisors. As such, we’re not ready to do greater than give you details about the IQ venture. And we did that within the above sections. So, use that data to find out when you just like the venture and when you really feel it has extra upside potential.
Additionally, don’t let the above speculative IQ worth prediction cloud your judgment.
We encourage you to analysis the venture and its token additional. And the very best software to do this is Moralis Cash’s Everipedia IQ ($IQ) token web page. On that web page, you’ll discover all that you must construct up your conviction relating to IQ, which is able to aid you decide if you can purchase this token or not.
What’s extra, on that web page, you’ll find IQ’s real-time, on-chain metrics (alpha metrics). They will even aid you get the timing proper when you resolve to get your bag of $IQ. How? Nicely, on-chain exercise all the time precedes worth motion. So, by these metrics, you get to front-run the token’s subsequent rally.
In fact, you possibly can discover extra motivation to take a position on this venture by contemplating staking IQ. In that case, it’s much more necessary to correctly analysis this former Everipedia crypto venture.
With that mentioned, observe the above hyperlink to its token web page or use the interactive widget under to find out if $IQ is an efficient funding or not.
The place to Purchase $IQ Crypto?
Since $IQ has been round for a very long time and lives throughout a number of chains, you’ll find many locations to purchase it. Nevertheless, many of those choices include some dangers and are sometimes not user-friendly.
However there’s a protected, sensible, and cost-efficient strategy to swap ETH or another ERC-20 token for $IQ. The latter comes within the type of the swap function that awaits you on Moralis Cash’s web page devoted to IQ:
What’s the IQ Crypto, and is the IQ Coin a Good Funding? – Key Takeaways
- Everipedia launched again in 2018 as the primary blockchain encyclopedia.
- The venture managed to outlive and was rebranded to IQ.wiki in 2022.
- $IQ is that this venture’s native cryptocurrency that now lives throughout a number of chains.
- You possibly can commerce IQ or stake it by way of the venture’s HiIQ staking methodology. The latter can also be the important thing to becoming a member of BrainDAO.
- The token’s worth continues to be fairly low, so the upcoming bull run may propel it larger.
- In case you had been to make any IQ worth prediction, understand that the token’s circulating provide is altering.
- Use Moralis Cash’s token web page for IQ to analysis the venture and its asset additional and decide whether or not or not it is best to spend money on it.
- There are lots of locations the place you should purchase $IQ, however Moralis Cash’s token swap function is the very best one.
Whether or not you resolve to purchase the IQ coin or not, that you must understand that the common altcoin tends to extend in worth by 50-70x throughout a bull run. As such, you must discover different altcoin alternatives. That is the place Moralis Cash’s core options enter the scene.
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