In response to the surge in crypto users and the challenges they face such as sourcing reliable and comprehensive information in the rapidly evolving and complex world of cryptocurrencies, IQ.wiki has launched a search engine powered by OpenAI’s ChatGPT technology. This innovative search engine, labeled IQ GPT, allows users to find answers to their queries by merely asking a question, eliminating the need to read through lengthy encyclopedia entries.
An interesting angle to this innovation is the implementation of artificial intelligence (AI) features in the world of cryptocurrencies. Given its wide-ranging potential, AI has managed to engage both the end-users and venture capitalists significantly. Nonetheless, its potential misuse could lead to the propagation of misinformation, a concern that remains under-addressed.
IQ GPT seeks to solve this by integrating its search engine with a domain-specific model of OpenAI’s GPT-4 and continually training it on data from diverse sources such as CoinGecko, The Associated Press, Hong Kong government’s InvestHK, and even IQ.wiki’s extensive repository of encyclopedia entries. Encouragingly, each source is clearly indicated, enabling users to evaluate the credibility of the furnished information.
On the subject of credibility, IQ.wiki itself traces its roots to a blockchain-based Wikipedia rival, Everipedia, which later rebranded itself to a crypto-only content in 2022, intending to focus solely on assisting crypto users. The standout feature of IQ.wiki is that every entry and revision is logged on the Polygon blockchain, ensuring absolute transparency.
Another intriguing facet of IQ.wiki is the employment of their proprietary token, IQ, both as a reward system for active users and as a governance tool within its decentralized autonomous organization (DAO). In principle, staking the IQ token provides users with voting rights on governance decisions.
However, the pendulum may swing towards skepticism as the dominance of IQ token holders could potentially skew governance decisions. Are there sufficient checks and balances in place to prevent such a scenario? What happens when commercial interests supersede the thirst for knowledge expansion?
Considering its promising start, IQ.wiki has aspirations to extend its AI toolkit even further in a bid to upscale crypto knowledge and education. Whether it manages to achieve this whilst adequately addressing the potential pitfalls will be an intriguing journey to watch.
Source: Coindesk
