What Is Everipedia (IQ)?

What Is Everipedia (IQ)? Complete Guide Review About Everipedia.

What Is Everipedia (IQ)?

Everipedia vision is to bring blockchain knowledge to the world and knowledge onto the blockchain, helping verify facts in an era of misinformation and unlocking a new class of use cases in the blockchain space. Compound is a DeFi project that enables users to take out loans or provide loans by locking their assets via smart contracts built. This a list of Consensus Mechanisms found in the Blockchain space. If you add something new make sure to give an example of a project.

Everipedia Bored Ape Wear was founded by members of the BAYC community who purchased and committed to holding onto at least one Bored Ape forever. They will be offering limited edition, open edition apparel and merchandise featuring prints of official Bored Apes and their licensed derivatives. Each limited edition item features one of the 10,000 verified Bored Apes or an official derivative by one of the BAYC members.Each item also includes the original Bored Ape Token ID / License Number and blockchain QR code printed on the neck label.

Everipedia Storage Key Points

Coin BasicInformation
Coin NameEveripedia
Short NameIQ
Circulating Supply10.02B IQ
Total Supply10,021,453,885
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Bored Ape Yacht Club

They consist of NFTs pro-grammatically generated from over 170 different traits including fur color, shirt, and head wear. In September 2021, a set of 107 Bored Apes sold for $24.4 million in an online sale at Sotheby’s auction house. On October 31, 2021, the Bored Ape Yacht Club project’s team held its first annual Ape Fest. The fest began in New York City and saw Bored Ape holders from across the world. The first event, APED NYC, at Bright Moments Gallery alone saw around 700 participants lined up outside the gallery.

Club membership card

Each Bored Ape is unique and programmatically generated from over 170 possible traits, including expression, head wear, clothing, and more. All apes are unique, but some of them are rarer than others. The apes are stored as ERC-721 tokens on the Ethereum blockchain and hosted on Inter Planetary File System. To buy an ape costs 0.08 ETH. When a user buys a Bored Ape, the user is not simply buying an avatar or a provably rare piece of art. 

Everipedia But rather the user is gaining membership access to a club whose benefits and offerings will increase over time. Users’ Bored Apes NFTs also doubles as a Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board.

History

The Bored Ape Yacht Club was launched on April 29, 2021. The creators are four friends using the following aliases. Gargamel, Gordon Goner, Emperor Tomato Ketchup, No Sass. They originally came up with a different idea for an NFT project, they had backgrounds in crypto and trading, so the concept quickly evolved into the idea of what would Apes do if they all were able to retire early after the Crypto Super cycle.

Everipedia From there the creative team pondered and created the Bored Ape Yacht Club. At the time of launch, the creators (who had put their life savings into the project) were worried that the project wouldn’t be successful since the pre-sale momentum suggested that the project may not have much momentum out the gate.

BAYC Token

BAYC is a single vault token, which is 1:1 backed by Bored Ape Yacht Club NFTs. When a user supplies Bored Ape Yacht Club NFTs to this pool as collateral, they receive back a vault token, $BAYC, that tracks the ETH-floor price of all Bored Apes in the vault. This token allows the holder to become a liquidity provider on SushiSwap or any other ERC-20 Automated Market Maker by pooling it together with ETH.

Advanced users can deposit any BAYC NFTs into the pool and get 95 BAYC20 back, users can use BAYC20 to add liquidity on Uniswap and trade BAYC20-ETH. Users can also deposit 100 Everipedia back into the pool at any time and choose which NFT to redeem from the pool. The 100 BAYC20 deposited gets burned.

The BAYC Bathroom

The Everipedia Bathroom contains a canvas accessible only to wallets containing at least one Ape. It is the place to draw, scrawl, or write expletives. Ape-holders will be able to paint a pixel on the bathroom wall every fifteen minutes. The team stated that it is a collaborative art experiment for the crypto sphere. To access members-only areas such as THE BATHROOM, Apeholders will need to be signed into their MetaMask Wallet.

Everipedia Bored Ape #8023 stands out from most other apes because it has two rare properties. This ape wears a Trippy Captain’s Hat, which only 0.65% of all apes have. In addition it has Trippy Fur (0,77%). Thanks to these properties, Bored Ape #8023 is now the most expensive NFT in the series.