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IQ Stakers have Gained a 100 of 100k Club ENS by staking with HiIQ

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Sat Sep 24 2022

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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 by Everipedia have been announced on the IQ Dashboard and the ENS have all been distributed to the winners. You can see the on-chain results through Polygonscan.

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 a 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.

In spite of the current bear market, ENS (Ethereum Name Service) is the hottest NFT asset class in the market right now and it continues to grow. Some of the most notable sales this month include sam.eth which sold for 100 ETH (~$122,300), 003.eth which sold for 83.5 ETH (~$102,120), and 8888.eth which sold for 38 ETH ($46,474).

Everipedia acquired its own ENS everipedia.eth in preparation for the overhaul & expansion of Everipedia’s encyclopedia on Ethereum L2. Additionally, we are determined to become a leader in the ENS community, and we plan to make it a focus after the relaunch on ETH L2. Our belief in ENS being a key component of the Ethereum ecosystem aligns with that of Vitalik’s, the founder of Ethereum. ENS will become a key part of the metaverse when it comes to digital identity.

Staking IQ tokens with HiIQ is a great way to earn IQ token rewards and enter raffles to win in-demand NFTs like ENS. The yield earned over 4 years for HiIQ stakers is over 400% 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 number 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 tutorial which explains how to get started.

With the launch of BrainDAO, First Web 3.0 Metaverse Fund and the recent partnership and our upcoming NFT project Brainies, there is a lot more planned for HiIQ stakers with more NFT raffles and news coming for stakers so stake IQ and stay tuned!

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.

Twitter | Everipedia | IQ Dashboard | Reddit | Discord | Telegram | Governance | Github

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