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IQ IQ Price

$0.005563

0.9%

$0.005485

24h Range

$0.005663

Market Cap

$114,164,464.1

Fully Diluted Valuation

$333,807,287.5

24 Hour Trading Vol

$8,142,489.7

Circulating Supply

20,520,426,315.9

Total Supply

20,520,426,315.9

Max Supply

60,000,000,000.0

Info

IQ Price Statistics

IQ Price

$0.005563

24h Range

$0.005485 - $0.005663

Percent Change 1h

0.77%

Percent Change 24h

0.9%

Percent Change 7d

-1.19%

All-time high

$0.072

All-time low

$0.000630

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About IQ

What is IQ (IQ)?

The IQ token, often referred to simply as IQ, is the native utility token of the Everipedia platform, which is a decentralized encyclopedia that utilizes blockchain technology to create a more comprehensive and censorship-resistant knowledge database. Launched in 2018, Everipedia aims to improve upon traditional online encyclopedias by allowing users to create and edit content freely while being rewarded for their contributions. The IQ token can be used for various purposes within the platform, including voting on content, transferring value, and incentivizing content creation.

Who are the Founders of IQ?

IQ was co-founded by Sam Kazemian and Theodor Forselius. Sam Kazemian, who serves as the CEO of Everipedia, has a background in computer science and a passion for leveraging blockchain technology to enhance information sharing. Theodor Forselius, the CTO, has extensive experience in software development and aims to build scalable systems that support decentralized applications.

How does IQ Work?

The IQ token operates on the Ethereum blockchain, using smart contracts to facilitate transactions and interactions on the Everipedia platform. Users can earn IQ tokens by creating, editing, or curating content, as well as through community voting mechanisms. The voting system on Everipedia allows token holders to vote on various proposals, including content revisions and platform changes, thus ensuring that the community has a say in the direction of the platform. Additionally, the IQ token can be traded on various cryptocurrency exchanges, providing liquidity and enabling users to convert their tokens into other cryptocurrencies or fiat currency.

Tokenomics

As of 2024, the total supply of IQ tokens is capped at 10 billion tokens. A significant portion of these tokens is allocated for community rewards, ensuring that active contributors are incentivized to participate in the platform. The tokenomics model encourages a self-sustaining ecosystem where high-quality content is rewarded, and the community actively manages the platform's development.

Top Use Cases of IQ

  • Content Creation and Editing: Users can earn IQ tokens by contributing high-quality articles and editing existing content.
  • Governance: IQ token holders have voting rights on decisions affecting the Everipedia platform, including content moderation and platform upgrades.
  • Incentivizing Quality: The platform uses IQ tokens to reward users who provide valuable contributions, helping to maintain the integrity of the information available.
  • Trading and Investment: IQ tokens can be bought and sold on various exchanges, allowing users to speculate on its value or use it for trading purposes.
  • Decentralized Knowledge Sharing: The tokens facilitate a decentralized approach to information dissemination, enabling users from around the world to access and contribute to a collective knowledge base.

How to Keep your IQ Safe?

To keep your IQ tokens safe, consider the following best practices:

  • Use Hardware Wallets: Store your IQ tokens in hardware wallets such as Ledger or Trezor, which provide enhanced security against hacking and online threats.
  • Enable Two-Factor Authentication (2FA): If you are using exchanges or online wallets, enable 2FA to add an extra layer of security to your accounts.
  • Be Wary of Phishing: Always double-check URLs and avoid clicking on suspicious links that may lead to phishing sites.
  • Regular Software Updates: Keep your wallet software and any associated applications up to date to protect against vulnerabilities.
  • Backup Your Wallet: Regularly back up your wallet information, including private keys and recovery phrases, and store them in a secure location.

How to Invest in IQ (IQ)?

Investing in IQ (IQ) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy IQ: Once your account is funded, you can purchase IQ directly from the exchange. Choose the desired amount and complete the transaction.

Investing in IQ (IQ) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in IQ using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for IQ (IQ) in the Long Term?

IQ (IQ) is currently trading at $0.005563 and exhibits good potential for future growth. Check the latest IQ (IQ) price prediction.

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