IQ Monthly News - April 2023

Wed May 03 2023

It’s time for the April edition of IQ Monthly News which covers IQ token news, partnerships, and more. IQ holders have locked up a record 1 billion IQ, IQ.wiki integrates Lens Protocol’s Lenster, BrainDAO now has 2785 sfrxETH with Frax Ether, and meme tokens pages are trending on IQ.wiki. Keep reading to stay up-to-date with IQ token progress.

Growth

The IQ token saw a volume of over $667 million in April alone across all the exchanges, calculated from CMC. This comes after IQ.wiki upgraded its AI integration from GPT-3 to GPT-4.

Announcements

1 Billion IQ locked with HiIQ

In April, IQ holders locked up a record 1 billion IQ. HiIQ has grown exponentially within the past few months with the implementation of the new tokenomics further incentivizing early adopters with greater IQ incentives.

Back in November 2022, IQ announced the IQ token’s new halvening tokenomics model which triples emissions for HiIQ holders. This model provides higher initial emissions to incentivize early adopters and gradually lowers emissions to ensure long-term sustainability. Most importantly, HiIQ holders will be able to determine IQ.wiki’s course of action in the future by participating in governance.

This news comes at a perfect time as the IQ ecosystem has upgraded from OpenAI's GPT-3 model to the latest GPT-4 model, enhancing IQ.wiki, the world's largest blockchain encyclopedia. With this upgrade, IQ.wiki now uses the most advanced AI technology available. You can watch GPT-4 summarize an in-depth IQ.wiki page on the Ethereum Name Service in seconds.

IQ.wiki integrates Lens Protocol’s Lenster

Lens Protocol’s community of over 100,000 users can now easily share IQ.wiki pages onto Lenster, the leading Web3 social platform on Lens. Anyone reading IQ.wiki can simply click the share button on an IQ.wiki article and directly share the page on Lenster.

Lenster is a composable, decentralized, and permissionless social media web dApp built with Lens Protocol. Lenster was the first Web3 social experience to be built on Lens and functions similarly to Twitter both in layout and execution, with added support for a variety of NFT types. The Lens Protocol is a Web3 social graph on the Polygon Proof-of-Stake blockchain founded by Stani Kulechov of Aave. It is designed to empower creators to own the links between themselves and their community, forming a fully composable, user-owned social graph.

BrainDAO now has 2785 sfrxETH with Frax Ether

Frax Ether is an ETH LSD designed to uniquely leverage the Frax Finance ecosystem and smoothen the Ethereum staking process for a simplified, secure, and DeFi-native way to earn interest on ETH. BrainDAO chose liquid staking with Frax Ether since it offers the highest return and security. This will bring revenue to BrainDAO as all profits generated from Frax Ether validators are distributed to sfrxETH holders like BrainDAO. Frax Ether launched in January 2023, and the BrainDAO treasury now has 2785 sfrxETH which is equivalent to more than $5.3 million as of writing.

IQ.wiki puts out Educational Threads on Twitter

Balaji Srinivasan Thread

In the newest thread of IQ.wiki’s ‘People in Crypto’ series, where we aim to educate people about famous figures in crypto, the team covered Balaji Srinivasan, an angel investor, venture capitalist, and technology entrepreneur. Balaji has been trending on IQ.wiki and is the #1 Bitcoin evangelist.

Shapella Update Thread

In early April, the IQ.wiki covered Ethereum Shapella upgrade. The Shapella Upgrade combined changes to the execution layer (Shanghai) and the consensus layer (Capella) and the Engine API. This thread walks readers through all of the proposals that are part of the Shapella Upgrade and why it is a game-changer.

Memecoins are trending on IQ.wiki

IQ.wiki has seen a surge in the number of memecoin pages being created, with users eager to share information about their favorite memecoin. The number one memecoin trending on IQ.wiki this week is Wojak Token which was inspired by the Wojak or Feels Guy meme.

Other memecoins that have trended on IQ.wiki in April include Good Gary Gensler and Pepe.

About IQ

The IQ token is a cryptocurrency dedicated to building a more intelligent future through artificial intelligence and blockchain technology. The IQ token powers a knowledge ecosystem including applications such as IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles. The token is governed by BrainDAO which also includes BrainDAO's treasury of digital assets.

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