Everipedia IQ (IQ) Risk Analysis
Independent token health audit covering security, liquidity, tokenomics, community and development. Current price: $0.000652. Last updated 2026-08-06.
What is Everipedia IQ?
Everipedia IQ (IQ) is the native cryptocurrency of the IQ platform, which aims to be the world's largest blockchain and crypto encyclopedia. Holders can participate in governance and access premium features like detailed term explanations, live market trends, and breaking news. The token powers a decentralized knowledge ecosystem for the crypto community.
Risk overview
IQ presents a high-risk profile due to a low security score (30/100), extremely high holder concentration, and a development team that has not committed code in over a year. While the project has a clear use case and a modest market cap ($17.6M), the lack of verified contract details, unknown ownership renunciation, and very low DEX depth create significant uncertainty. The tokenomics are concerning given a massive total supply (2.3e28) and a circulating supply of only ~27B, suggesting potential dilution. Community engagement is minimal, and the project appears to be in a maintenance phase with low development activity.
Security analysis
The security assessment is weak, with a score of 30/100 and multiple critical unknowns. The contract verification status, ownership renunciation, minting capability, and honeypot detection are all unknown, leaving investors exposed to potential risks. Without verified ownership renunciation, the team retains the ability to alter the contract, and the possibility of minting new tokens cannot be ruled out.
- Contract verification is unknown; users cannot independently confirm the source code matches the deployed bytecode, increasing trust dependency.
- Ownership renunciation status is unknown; if not renounced, the team could modify contract functions or upgrade the token, posing centralization risk.
- Minting capability is unknown; the team might have the power to create new tokens, diluting existing holders.
- Honeypot detection is unknown; there is a possibility that selling restrictions exist, though no evidence has been provided.
- Overall security score of 30/100 indicates significant vulnerabilities and lack of transparency.
Liquidity analysis
Liquidity is moderate with a score of 65/100, driven by a 24-hour trading volume of ~$1.56M. However, DEX depth is very low, meaning large trades could cause significant slippage. No centralized exchange (CEX) listings are reported, which limits accessibility and liquidity depth.
- 24-hour trading volume of $1,565,356 provides some daily turnover, but relative to market cap ($17.6M), the volume-to-MC ratio (~8.9%) indicates moderate activity.
- No CEX listings are available; trading occurs only on decentralized exchanges, reducing liquidity options and increasing dependency on DEX liquidity pools.
- DEX depth status is 'Very Low', meaning orders of modest size can move the price significantly, increasing trading costs and risk for larger investors.
- Liquidity score of 65/100 is the highest among categories, yet the actual depth remains a concern for entry and exit at fair prices.
Tokenomics analysis
Tokenomics are concerning with a score of 46/100. The total supply is astronomically high at 2.3e28 tokens, while circulating supply is only ~27B, indicating massive future dilution potential. Holder concentration is very high, suggesting a few wallets control a large portion of the supply, increasing manipulation risk. No burn mechanism is known.
- Total supply of 2.3e28 is extremely large; even with a small price, the market cap is $17.6M, but the potential for supply release could depress value.
- Circulating supply of 27,071,826,122.93 tokens represents only a tiny fraction of total supply (~0.00012%), implying vast amounts are locked or unissued.
- Holder concentration is 'Very High', meaning a small number of addresses hold most of the circulating supply, making the token susceptible to price manipulation.
- No burn mechanism is known, so there is no deflationary pressure to counteract inflation from potential supply unlocks.
- Tokenomics score of 46/100 reflects poor distribution, high dilution risk, and lack of transparency.
Community analysis
Community health is weak with a score of 26/100. Twitter presence is not reported, and the only known social channel is Telegram with 3,516 members. Engagement metrics are unavailable, and the small community size suggests low mainstream adoption and limited grassroots support.
- Twitter followers and verification status are unknown, indicating either a lack of presence or insufficient data; this limits the project's ability to reach a wider audience.
- Telegram has only 3,516 members, a relatively small community for a token with a $17.6M market cap, suggesting low organic interest.
- Discord members are not reported, further indicating sparse community infrastructure.
- Community score of 26/100 is the lowest among categories, highlighting a critical weakness in user base and social engagement.
Development analysis
Development activity is low with a score of 41/100. The project is open source with 7 contributors, but the last commit was on February 28, 2023, over a year ago. No recent commits in the last 30 days were reported, indicating a stalled development cycle.
- The GitHub repository 'EveripediaNetwork/Everipedia' is open source, allowing community audit, but with only 7 contributors, the development team is small.
- Last commit was on 2023-02-28, meaning no code changes have been made in over 12 months; this suggests the project is in maintenance mode or abandoned.
- No recent commits (30d) data is available, reinforcing the lack of active development.
- Development score of 41/100 reflects the outdated codebase and minimal ongoing work, raising questions about future upgrades and bug fixes.
How to buy IQ
- Set up a cryptocurrency wallet Download and install a compatible wallet like MetaMask, Trust Wallet, or Coinbase Wallet on your browser or mobile device.
- Purchase ETH or USDC Buy Ethereum (ETH) or USDC from a centralized exchange such as Coinbase, Binance, or Kraken using fiat currency or other crypto.
- Transfer to your wallet Send your ETH or USDC from the exchange to your personal wallet address by copying your wallet address and initiating a withdrawal.
- Connect to a DEX Visit a decentralized exchange like Uniswap or SushiSwap, and connect your wallet by clicking 'Connect Wallet' and selecting your wallet provider.
- Swap for IQ Enter the IQ token contract address (0x579cea1889991f68acc35ff5c3dd0621ff29b0c9) into the 'Swap' interface, select the amount of ETH/USDC to swap, and confirm the transaction.
Frequently asked questions
Is IQ a good investment?
IQ carries substantial risk. The security score is low (30/100) with many unknown contract properties, tokenomics show extreme supply imbalance and high holder concentration, development has stalled, and community engagement is minimal. While the project has a unique value proposition as a crypto encyclopedia, the lack of transparency and active development makes it a speculative investment. Only invest what you can afford to lose and consider the high dilution risk from the massive total supply.
What are the main risks of investing in IQ?
Key risks include: (1) Security unknowns – contract verification, ownership renunciation, minting capability, and honeypot status are all unknown, exposing investors to potential contract manipulation. (2) Tokenomics – total supply of 2.3e28 with only ~27B circulating means massive potential dilution; holder concentration is very high, enabling price manipulation. (3) Liquidity – DEX depth is very low, causing high slippage on trades; no CEX listings limit exit options. (4) Development – last code commit was over a year ago, suggesting the project may be abandoned. (5) Community – very small Telegram group (3,516 members) and no reported Twitter presence indicate low adoption.
How secure is the IQ smart contract?
The IQ smart contract has a low security score of 30/100. Critical details such as contract verification, ownership renunciation, minting capability, and honeypot detection are all marked as unknown. Without verification, users cannot confirm the contract matches its source code. If ownership is not renounced, the team could alter the contract. The ability to mint new tokens and potential selling restrictions (honeypot) remain unconfirmed. These unknowns significantly reduce confidence in the contract's security.
What makes IQ different from other tokens?
IQ is tied to the Everipedia platform, which aims to be a decentralized blockchain encyclopedia similar to Wikipedia but focused on crypto. Token holders can participate in governance (voting on content and platform decisions) and access premium features. This utility differentiates it from simple meme tokens or payment coins. However, the project's current inactive development and low community engagement undermine its differentiation.
Where can I track IQ price and market data?
IQ price and market data can be tracked on CoinGecko (coingecko.com) and CoinMarketCap (coinmarketcap.com). For on-chain data, use Etherscan (etherscan.io/token/0x579cea1889991f68acc35ff5c3dd0621ff29b0c9) to view holder distribution and transactions. Decentralized exchange data is available on Uniswap info pages. Always cross-reference multiple sources for accuracy.
Contract
Chain: 0x1 · Address: 0x579cea1889991f68acc35ff5c3dd0621ff29b0c9
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