The EverETH platform is designed to allow digital information to be stored and shared but not modified in its blockchain. As a result, the data in that database is dispersed among numerous network nodes in separate places. The system aids in creating a precise and visible order of activities. There is no one entity with control over the network in a trustless setting. Besides, the consensus is established without users seeking to learn or believe anything except the network itself.

EverETH believes in transparency and trust from the beginning. The platform understands that stakeholders are at the heart of this collaboration and have a right to trust and financial security. As a result, the platform employs a trustless approach by renouncing the smart contract ownership, which is the core of the project. The renouncing of ownership is a critical step in assuring that none of the fundamental concepts of the smart contract may be changed. The approach aims to decentralize ownership further while still ensuring the project's authenticity. EVERETH is the native utility token to empower the EverETH ecosystem's supply. The token is used to receive dividends in Ethereum, staking in the EverETH ecosystem, and access the EverETH dApp.

EverETH was established on August 21, 2021, with a 232 trillion EVERETH token presale. The maximum supply issued by the community is one quadrillion EVERETH tokens, out of which, the EverETH ecosystem seeks to burn 506 trillion EVERETH tokens. Consequently, the EVERETH ecosystem launched the initial token distribution from DXSale with the Sale ID 2794.