Write about at least one unique project that is powered by blockchain technology. Home work given by @yohan2on

in SteemitCryptoAcademy4 years ago (edited)

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Blockchain technology has proven to be the pillar of the world's economy because of how far it has come in just 12 years. It has disrupted many companies and also making things difficult for many financial institutions like banks. Activities continue to occur on blockchains and projects are springing out almost every day. There are series of projects that are powered by blockchain technology. We have steem, Ant Duo-Chain, Crypto Village Accelerator, cryptwerk, and so on, but I will not write about any of the listed projects. I will be writing about everipedia, a project built on a blockchain as well

What is everipedia

Everipedia proved to be a blockchain ecosystem of knowledge. It is like wikipeadia, but the difference is that it's built on a blockchain. It's everyone's encyclopedia where they can write anything that interest them and contribute their own perspective by sharing their interest and connecting with people

Is everidedia really a blockchain project
?

Everipedia was built on the EOS blockchain in 2014 , and they lunched a token on the blockchain called IQ token in 2018. One of the aim of everipedia is to build a platform where there will be no restriction to content creation however reasonably. Actually, the project started on a plain ground in 2014 without the mindset of making it a blockchain project. Gradually, the team started expanding and the blockchain integration idea stepped in and on August 9, 2018, the project was launched on the EOS blockchain

What does everipedia do
?

Everipedia is just like the popular wikipeadia we know. If you understand what wikieadia do, then you already know everipedia. The only difference is that they reward their content creators with their native token called IQ token, and it's a blockchain project. Wikipeadia is a platform that allow people from all walk of life to create contents according to their understanding and shear their knowledge to the entire public. This is what everipedia do. If you have a particular knowledge about anything, you can create an account on everipedia and create your content.

Why Everipedia is different from Wikipeadia

Before you can be a certified content creator on wikipeadia, you will pass several tests and it can be discouraging. I've tried it before and stopped because of the processes. I have an account with everipedia. Creating an account Isn't hard, however, every content created must be approved by other creators. That is the power of decentralization. If your content isn't up to par, no one will vote you. I think it's a good way they've employed to scale good contents and the bad ones. Apart from this, every good content is rewarded with their native IQ token

Creating account on everipedia

You can log in through multiple methods like facebook, twitter, kakao, scatter, line, token pocket, email, or google. When I signed up two years a go, I used scatter. But the easiest way to do this is using email. It's more popular compared to other means of signing up.

  • Click log in with email and click signup in the next page displayed.

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  • Fill your email, username, and password. and complete your signup.

It's easy. You don't need any scrutiny

There are leader boards of edit. Every contributor to everipidea platform have a reward so the people with the highest earning are showcased on the platform. It is grouped into day, week, month and all time. If you click on any of these, it would display the list of earners in ascending order.

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The IQ Token

IQ token is the everipedia native token that is used to incentivise editors, and content creators on the platform. The token is built on the EOS blockchain and it's mainly used to govern the activities on the platform. The token is used to vote good article published. Every good article is voted in by the token holders who are also content creators. The token is 0.006799 as at when this article is published

Conclusion

For the first time in the history of the united state election, the association press news was published on everipedia. The election result and every data associated with it was stored on everipedia. The rate at which the blockchain is taking over the world is at alarming rate. Thanks for reading.

This is the homework given by @yohan2on. I want to say thank you for the opportunity to participate. Also, a big thankyou to@steemcurator01, @steemcurator02, @steemitblog, and everyone supporting me. I appreciate you all.

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Thanks for submitting your homework.

Interesting to see blockchain technology in blogging sites like everipedia. Blockchain will decentralise everything that can be decentralised.

You have successfully completed your homework.

Thanks @yohan2on. Blockchain will keep disrupting many finances and projects that are not inclined to the vogue technology. I appreciate you sir. One love

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