Why multi-billion dollar crypto networks are missing from Wikipedia

Share This Post

The lack of Wikipedia coverage is a more acute concern in an era where more users get their information from AI tools like ChatGPT. The report cites data from the AI tracking site Profound, which shows that 7.8% of links to sources on ChatGPT go to Wikipedia, compared to 1.8% and 1.1% to Reddit and Forbes, respectively, in second and third place.

The report also cites data from Trakkr, which shows that Wikipedia accounted for 36% of the top-10 citation links on ChatGPT and 25% of the top 100.

Top sources cited by ChatGPT (Trakkr/Chainstory)

Contrary to popular belief, not everyone can create a Wikipedia page. The domain for doing so involves passing through tiers of protection and moderation views, according to Chainstory’s report. Volunteer reviewer’s must check prospective new articles against a number of factors, such as notability, verifiability and reliable sources.

Even when an article clears the process, it can still be deleted by administrators or via a 7-day community vote, which cannot be appealed.

Not helping matters for crypto projects is Wikipedia’s guidelines for crypto-centric news organizations (including CoinDesk), which describe them as “overwhelmingly enthusiastic about cryptocurrencies” and “generally unreliable.”

Mainstream news outlets that cover crypto, such as Reuters and Bloomberg, are regarded as reliable, the report said, but they are less likely to explore niche areas of the industry, such as liquid staking and perpetual exchanges.

Related Posts

Tokenized assets are busier than the data shows

When you strip out what was never mobile, correct...

The Clarity Act slipped to September. Banks are building anyway

But every month without settled rules quietly rewards the...

Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation

Warsh's highly anticipated remarks at the Kansas City Fed's...

Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges

Six decade-old wallets moved $40 million this month, but...

Ripple is preparing XRP Ledger for quantum computers before ‘Q-Day’ arrives

An Anthropic model cut the work needed to break...