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100k Club ENS doubles in value after HiIQ Airdrop for IQ Stakers

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Sun Sep 25 2022

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Back in July, Everipedia raffled off 100 of 100k Club ENS to HiIQ stakers using Chainlink VRF on Polygon. The winners of the largest ENS giveaway in history were announced on the IQ Dashboard and the ENS were distributed out to the winners. In July, the floor price of the 100k Club ENS was 0.02 ETH when we acquired the ENS and hosted a giveaway for the ENS. The floor price has since doubled to over 0.04 ETH.

Staking IQ tokens with HiIQ is a great way to earn IQ token rewards and enter raffles to win trending NFTs like ENS (Ethereum Name Service). The yield earned over 4 years for HiIQ stakers is over 389% as of writing. HiIQ was created to incentivize IQ holders to become long-term holders who stake and lock up their IQ tokens with both IQ token rewards and NFT raffles. The HiIQ staking system allows IQ holders to choose how long they want to lock up their IQ for, the more IQ and the longer they lock up their IQ for the greater the amount of rewards and the greater chance they will have to gain limited edition NFTs.

If you haven’t staked IQ with HiIQ already make sure to check out this guide which explains how to get started. 

Everipedia’s NFT raffles are powered by Chainlink Verifiable Random Function (VRF) on Polygon for HiIQ stakers, ensuring that winners are quickly and randomly chosen in a provably fair manner. 

We have a lot more coming for IQ stakers and the crypto community as a whole. Everipedia will be launching a brand new site on Ethereum L2. Public beta is coming very soon!

About ENS (Ethereum Name Service)

The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution’, making it possible to associate metadata such as canonical names or interface descriptions with Ethereum addresses. ENS has similar goals to DNS, the Internet’s Domain Name Service, but has significantly different architecture due to the capabilities and constraints provided by the Ethereum blockchain. Like DNS, ENS operates on a system of dot-separated hierarchical names called domains, with the owner of a domain having full control over subdomains.

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About IQ

The IQ token is a cryptocurrency dedicated to funding the future of knowledge. The IQ token powers the world’s largest crypto encyclopedia. IQ token holders govern the platform and participate in the growth of the platform through IQ token staking rewards with HiIQ as well as NFT rewards for stakers. The IQ token is also backed by BrainDAO, a treasury composed of IQ tokens, Ethereum, stablecoins, blue chip NFTs, and other assets.

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