(If not already familiar with Borges, definitely check out his 'Tlön, Uqbar, Orbis Tertius' and 'Library of Babel' as inspiration.)
While "each article written once" an interesting & useful constraint, a Hallucipedia that evolves like Wikipedia, with revisions "towards" some level of inter-article agreement, or even shows scars from edit wars between competing schools of thought, might also be fun.