It’s time for the November edition of IQ Monthly News which covers IQ token news, growth, partnerships, and more. Keep reading to stay up-to-date with IQ token progress.
BrainDAO introduces the largest-ever update to the IQ token
After the launch of the all-new IQ.wiki platform, BrainDAO has introduced the largest-ever update to the IQ token with the launch of BrainDAO.org and the brand-new BrainDAO IQ Dashboard.
The IQ token’s new halvening tokenomics model increases the rewards for IQ stakers and early contributors to IQ.wiki over the next 12 months. The model provides higher initial emissions to incentivize early adopters and gradually lowers emissions to ensure long-term sustainability. The IQ stakers who collectively make up BrainDAO voted in favor of the new model with the IQIP-14: New IQ Tokenomics for the New IQ.wiki Platform proposal passing with an overwhelming majority of votes. In addition to providing greater rewards to early adopters, the new model makes the IQ token more sustainable. Every year IQ emissions will halve, sustainably decreasing emissions over time until they dip below 1 IQ minted per month in August of 2050 ensuring that the IQ token’s maximum supply cap of 21 billion tokens is never breached.
The brand new IQ Dashboard includes a wide range of new functionality and information for the IQ token, such as staking, bridging, voting on governance proposals, stats, where to get IQ tokens, the NFT raffles, as well as the assets held by the BrainDAO treasury. BrainDAO now also has a new homepage, braindao.org where more information will be shared on the progress BrainDAO is making in building out the IQ ecosystem.
With the revamp of BrainDAO, new IQ token infrastructure, new tokenomics, and the launch of IQ.wiki, the IQ ecosystem is stronger than ever and ready for a new era of growth and development with a lot more exciting updates in the pipeline to be revealed soon.
Media Coverage
CryptoSlate
In November, IQ.wiki Chief Brain Navin Vethanayagam was interviewed by Liam 'Akiba' Wright of CryptoSlate. They talked about the launch of IQ.wiki and our plan to build the leading crypto knowledge base with the $IQ token.
Bubblemaps
The $IQ token was featured on Bubblemaps where everyone can visualize the connections between token holders.
IQ.wiki's Director of Business Development Andy Cho joined the Bubblemaps on November 11th for an AMA on the IQ token and IQ.wiki to tell more about the major updates to the IQ token and ecosystem.
Chainstack
This month, everybody interested in the IQ.wiki updates could learn more about the tech behind the platform with IQ.wiki Blockchain Developer Justin Castillo and Director of Biz Dev. Andy Cho in the Twitter Space with Chainstack. Hosted by Matthew Krak, this Twitter Space covered how we work on bridging the Web3 knowledge gap.
About IQ
The IQ token powers a knowledge ecosystem including applications such as IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia. The token is governed by BrainDAO which also includes BrainDAO's treasury of digital assets.
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