Everipedia, Inc.

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Everipedia, Inc. - overview

Established

2014

Location

Los Angeles, CA, US

Primary Industry

Media

About

Everipedia, Inc. is a pioneering encyclopedia platform utilizing blockchain technology to create a decentralized knowledge repository, enhancing user engagement through its unique tokenomics and AI-driven content management system. Founded in 2014, Everipedia, Inc. is based in Los Angeles, US.


The company operates a blockchain-based encyclopedia that allows users to create and edit entries freely. Theodor Forselius and Travis Moore are the co-founders, with Forselius serving as CEO. In February 2018, Everipedia raised USD 30 mn in Series A financing from Distributed Network Advisors and Galaxy Digital, marking a significant funding milestone for the company. This round represents the total amount raised by the company to date, totaling USD 30 mn from three different deals.


Everipedia's primary product, IQ. wiki, is the largest blockchain and cryptocurrency encyclopedia, covering diverse categories such as cryptocurrencies, decentralized finance (DeFi), non-fungible tokens (NFTs), and exchanges. The platform includes the IQ token, which supports decentralized finance functionalities via the Agent Tokenization Platform (ATP). Additionally, Everipedia employs its AI editor, SOPHIA, to ensure the accuracy and currency of information.


Serving a global audience, IQ. wiki attracts users from North America, Europe, and Asia, including blockchain enthusiasts, developers, and organizations. The revenue model for IQ. wiki is driven by transactional activities related to its offerings, particularly the IQ token and the Agent Tokenization Platform.


Users engage in transactions to access specialized services, utilize the AI editor, and participate in governance through the $SOPHIA token. Partnerships with other blockchain platforms also contribute to revenue, enhancing integration opportunities. The platform may offer tiered access or subscription options for users seeking advanced AI tools and resources. Everipedia aims to expand its product offerings and geographic reach.


Following its recent funding round in February 2018, the company plans to leverage the USD 30 mn raised to develop new features for IQ. wiki and enhance its AI capabilities. Specific target markets for expansion include additional regions in Europe and Asia, with ongoing efforts to increase user engagement and platform functionalities. The focus will also include launching upcoming products that complement the existing ecosystem, contributing to its growth strategy.


Current Investors

Mucker Capital, Galaxy Asset Management, Distributed Network Advisors

Primary Industry

Media

Sub Industries

Education & Training Website, Information Services, Digital Media

Website

www.everipedia.com

Verticals

Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Everipedia, Inc. - employee data

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