Effect.AI

Effect.AI

Trading
19,086 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
tokenforge
Tokenforge is a Germany-based infrastructure provider for the compliant tokenization of Real-World Assets (RWA). Since 2021, it has launched over 30 TokenSuite instances across five EU jurisdictions, fully aligned with MiCAR, eWpG, MiFID II, and national frameworks. The core product, TokenSuite, is API-first and modular, integrating KYC/KYB, e-signatures, custody, payments, and other regulated third-party services. Built under BaFin oversight, tokenforge integrates blockchain technology with traditional financial infrastructure. TokenSuite includes regulated services such as KYC, custody, payments, and registrar functions, ensuring compliance across different jurisdictions. The infrastructure will be expanded with EchoLayer, a decentralized network layer that enables cross-platform asset interaction, affiliate programs, and shared market access. Complementing this, IRIS is an AI-powered insights engine in development, designed to provide advanced analytics and decision support for asset structuring, placement, and lifecycle management within the ecosystem. At the core of tokenforge’s infrastructure is $TKFG, the native utility token. It enables issuers to access a 20% discount on service fees through staking and unlocks further benefits as the ecosystem evolves. tokenforge’s infrastructure is designed for institutional-grade scalability and positions itself as a foundational layer for the regulated digital asset industry in Europe.
Upcoming
LERN360
LERN360 is a blockchain-powered, AI-enhanced decentralized learning platform that offers multilingual, skill-based education and incentivizes learners and educators with tokenized rewards. The platform transforms global education through verifiable and accredited micro-credentials, smart learning, and learn-to-earn models.
Active
Rivalz
Rivalz is redefining AI infrastructure by creating an AI Intel Layer to unlock new agentic economies. Built on a dual-chain DePIN architecture using Dymension and Arbitrum, Rivalz addresses one of the biggest bottlenecks in AI today: access to AI-ready, verifiable, and secure data. As we envision the web3 space to become agentic and overtake humans in the amount of transactions over time, what Rivalz is building is key for enabling this future. The core challenge that Rivalz is addressing is the need for AI-ready, verifiable and accessible data and later on intelligence. Rivalz offers a hybrid solution combining decentralized storage and high-speed agent-centric connectivity networks that cater specifically to AI's demands, ushering in the era of the agentic economy.
Upcoming
Talentchain
TalentChain, powered by Blockchain, bridges the prevalent trust deficit among students, universities, employees, recruiters and govt bodies, and serves as a single source of truth for all the stakeholders. It enables considerable and tangible cost reduction in qualifying learning and education admissions, recruitment and related statutory processes. Talentchain is a unique presentation of the knowledge asset that is securely verifiable and endorsable across various stakeholders.
Pre-Sale
NOBAR
Forget fragmented marketplaces! NOBAR is creating the first ever "Unified Crypto Commerce" to provide a holistic solution to the purchasing problem with cryptocurrency and crypto token. Our two robust functions - "Crypto Commerce" and "Shop-App" will facilitate all possible commercial activities.
Upcoming
Host.Games
The Host.games is a platform that allows people to set up their own blockchain powered casino, create custom games and invite players! No costs, no complicated development required – Host a game and start generating profits! The Host.games is built on top of a Host Protocol – a next-generation blockchain protocol that supports unlimited scalability which in-turn enables and sustains millions of operating DApps. With Host protocol Host.Games can support viral growth without reaching the limit because of scalability issues!