Why multi-billion dollar crypto networks are missing from Wikipedia

The lack of Wikipedia coverage is a more acute concern in an era when more and more users get their information from AI tools like ChatGPT. The report cites data from 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, in second and third place, respectively.

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.

Main sources cited by ChatGPT (Trakkr/Chainstory)

Contrary to popular belief, not everyone can create a Wikipedia page. The domain for doing this involves going through layers of protection and moderation, according to Chainstory’s report. Volunteer reviewers must check potential new articles against a number of factors, such as awareness, verifiability and reliable sources.

Even when an article allows the process, it can still be removed by admins or via a 7-day community vote, without appeal.

Wikipedia’s guidelines for crypto-centric news organizations (including CoinDesk), which describes them as “extremely enthusiastic about cryptocurrencies” and “generally unreliable”, do not help crypto projects.

Mainstream media outlets that cover crypto, such as Reuters and Bloomberg, are considered reliable, the report states: but they are less likely to explore niche areas of the industry, such as liquid staking and perpetual swaps.

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