Effect.AI

Effect.AI

Trading
19,632 Views
Our project introduces an open, decentralized network that provides services in the Artificial Intelligence market. This project is called The Effect Network. The 3 phases of The Effect Network require no fees, have a low barrier of entry and provide fast growth to its users. It runs seamlessly on the NEO blockchain and is fueled by a network NEP-5 token. The effect of this network will define the future relationship between humanity and AI.
General
Website: Visit
White paper: Read
Bounty: Bounty
ICO Time: 01 Mar 2018 - 28 Mar 2018
Whitelist/KYC: Whitelist + KYC
Country: Holland
Token info
Ticker: EFX
Platform: NEO
Token Type: NEP-5
Available for sale: 260,000,000 EFX (40%)
Total supply: 650,000,000 EFX
Financial
Raised $ 13,602,384
ICO Price: ≈ 0.0705 USD
Accepting: NEO, GAS
Soft cap: 4,280,000 EUR
Hard cap: 14,820,000 EUR
Bonuses: Up to 10%
Screenshots taken on 22 Feb 2018
Phase 1 - EFFECT Mechanical Turk
The first phase of The Effect Network will be an interactive marketplace for tasks that require human intelligence. A Decentralized Mechanical Turk (M-Turk). It allows anyone in the world to perform a wide range of tasks and receive fair payment. It will give AI developers and businesses access to a large workforce of human intelligence to train AI algorithms. When a worker completes a task, they are paid with with a network NEP-5 token.
Phase 2 - EFFECT Smart Market
The Effect AI Smart Market is a decentralized platform where people can offer and buy AI services. This phase is a natural progression of the network. It will be an open marketplace for offering AI Algorithms as a service. This marketplace or exchange is where AI developers with a functional Algorithms can sell, rent or give out its service for a simple and easy payment with the Effect token. Each Algorithm will have its own wallet to allow for easy acceptance of transactions. Also within this marketplace, Algorithms have the ability to communicate and collaborate with other algorithms and and purchase services from each other.
Phase 3 - EFFECT Power
The last phase provides a decentralized, distributed computational platform that will run popular deep learning frameworks. The Effect decentralized compute engine is based on popular deep-learning networks like Caffe, MXNet and Tensor flow. We want to distribute the computational power of all AI so there is not this one point of weakness. We can do this through partnerships with projects like Golem with their Super computer or create the framework ourselves.
Chris Dawe
CEO
Participates in a number of projects
Jesse Eisses
Blockchain Lead
Participates in a number of projects
Laurens Verspeek
Development Lead
Participates in a number of projects
Nick Vogel
Design & Interaction Lead
Participates in a number of projects
Jeffrey Hamer
Developer
Participates in a number of projects
Nico Curylo
Developer
Participates in a number of projects
Polina Boykova
Community Manager
Participates in a number of projects
Jaqueline Gross
Administration
Participates in a number of projects

Advisors (0)

ICO List
Other Interesting ICOs
Upcoming
MARAChain
This exchange allows transmission of encrypted and secure documentation, restricting access to third parties and offering access management to these creditable transfers, through an auditable, verifable and secure P2P transaction. These transmissions will be made through a distributed network of nodes located in the main European DPCs, guaranteeing 24x7 availability of information as well as protection against information loss thanks to the redundancy of our distributed network.
Upcoming
Blocklancer
Blocklancer is a so called Distributed Autonomous Job Market (DAJ) on the Ethereum platform, our vision of a completely self-regulatory platform for finding jobs and getting projects done. It will change the way freelancing works, both for customers and freelancers, and it will lift the reliability of freelancing to new heights.
Upcoming
TrigID
TrigID is the first and only Internet-based way to show that a real-world human is who they say they are. It enforces "one person, one identity" and you can verify that real-world identity with real-world identifiers like driver's license numbers, SSN's, addresses, phone numbers... All without giving anyone those identifiers.
Upcoming
RewardsToken
Rewards.com is introducing a global marketplace that brings together over 100,000,000 products and 7,000 merchants, including restaurants, travel, entertainment and retail. This marketplace will allow customers to earn and redeem, what we call RWRD tokens, at any participating merchant or be traded on the exchanges. We believe this solution will transform loyalty by taking cryptocurrency mainstream, building a healthy and strong token economy and restoring true value to the consumer reward.
Upcoming
REPU
The REPU system (abbreviated from English – "reputation") is a revolutionary project that allows you to completely rethink the way social networks are perceived. REPU is a rating and feedback system based on decentralized blockchain technology. Technology allows you to completely replace the system of “likes” with the rating - both for users and for companies. The rating, subsequently, can be used as an assessment tool in various areas of the individual’s life - starting with professional skills, financial stability, and ending with all possible aspects of behavior and interaction with the public.
Upcoming
INVERSE
INVERSE is a DeFi based platform that provides an array of smart-contract features with integrated time-based options. Users have the opportunity to speculate on the drop in value of a suite of Defi coins by utilizing the multiple 'tracking vaults' on the platform. XIV, the protocol's native token, is used to unlock these vaults, and then staked within these vaults for no more than 7 days. As their name implies, these vaults track the real-time price movements of select DeFi tokens (i.e. COMP, AAVE, UNI, YFI). After 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a significant percentage yield on the amount of XIV held within the tracking vault. If the price of the DeFi asset does not drop in value beyond the predetermined percentage by the end of the 7-day staking period, the user will forfeit a portion of their staked XIV. Rewards will be automatically disbursed to the user’s web3 browser wallet at the end of the 7-day staking period. Ultimately, INVERSE offers users the option to hedge against the volatility of select crypto assets.