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Everipedia (IQ) rallies 400% after an NFT collaboration with the Associated Press

Everipedia price spiked to its highest level in years following the project’s pivot toward NFT art.
Non-fungible tokens (NFTs) continue to take the world by storm as evidenced by the March 16 announcement that Sotheby’s would be entering the NFT game by facilitating the sale of tokenized art by the anonymous artist known as “Pak.”The latest cryptocurrency project to receive a boost from NFT related activities is Everipedia (IQ), a blockchain-based encyclopedia that has the vision of creating “a world where all knowledge is available to all people.”The Everipedia ecosystem also includes PredIQt, a decentralized knowledge base and DeFi platform that includes a prediction market where users can make predictions about future market events and earn cryptocurrency for successful predictions. Data from Cointelegraph Markets and TradingView shows that the price of IQ has rallied 400% in the past week from a low of $0.00781 on March 8 to a high of $0.039 on March 16, its highest price in over two years. IQ/USDT 4-hour chart. Source: TradingViewEveripedia considers itself to be the next generation encyclopedia that has been redesigned for the modern age and the project has already become the world’s largest English encyclopedia by content in just a few short years. NFT artwork brings attention to EveripediaThe lead-up to Tuesday’s price spike began on March 3, when the Associated Press announced it was going to auction an NFT that was created in collaboration with Everipedia by utilizing data that the AP published on Ethereum with Everipedia’s OraQle tech. The Associated Press …
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