Effect.AI
Weesperstraat
Amsterdam, 1018
Netherlands

It's on the footer of every email we send out.

EFFECT.AI – Whitelist Coming Soon

With the Effect.AI Public Token Sale coming up in March (exact date TBA), it's time to explain our plans for the whitelist. The Token Sale has a soft cap goal of 4,820,000 euro. The hard cap is set at 14,820,000 euro. Due to overwhelming interest in the project, we expect to hit these targets before the Token Sale's end date. The challenge, however, is reaching these goals with the aid of a well-balanced group of reputable participants. This objective informed the way Effect.AI's whitelist and KYC (know-your-customer) process is structured.

Building a resilient and enduring platform

Effect.AI wants to build an AI development platform that will stand the test of time. To do that, we have to design a platform that is highly resistant to outside influence or manipulation by third parties. Because that necessarily means preventing whales and syndicates from acquiring a controlling interest in the project, the first step towards creating a healthy foundation lies in a strict whitelist and KYC process.

When can you expect the whitelist?

The team is putting the finishing touches on the whitelist as we speak, so hang in there! We expect to open registration somewhere in the coming weeks. As always, Effect.AI's Telegram users will get a head-start. Join us on Telegram.

What else is happening?

Our team attended the Anarchapulco event in Acapulco, Mexico last week. Thank you to those of you who joined us and visited our stand!

If you haven't already, you can join us on Telegram here: t.me/effectai Facebook: facebook.com/effectai Twitter: twitter.com/effectaix For more information on the project and the Token Sale: www.effect.ai The Effect.AI team

Join us on Effect.AI on Telegram

Facebook.com/effectai

Twitter.com/effectaix

Github.com/effectai

Best wishes,

The Effect.AI Team

https://www.reddit.com/r/effectai/comments/7ypghk/effectai_whitelist_coming_soon/

Updated White and Lightpaper available now
In this edition of the Effect.AI Newsletter, there's two things we want to share
with our community members: first, the revised White- and Lightpaper have
 been released, and second, there has been a change on upcoming events.

Whitepaper Rev 1.0
After many hours of hard work by our developers, the first revision of the
Effect.AI Whitepaper is now live. Compared to the Lightpaper, the Whitepaper
presents a more detailed look at the technical side of our project. Additions
include:

 ● Effect Reputation Score
A rating system for Effect Mechanical Turk.

 ● Application Registry and Endpoints
More information about the Effect Smart
Market's underlying structure.

 ● Galaxy Pool
The revised Whitepaper explains in more detail
how the Galaxy Pool will contribute to a stable ecosystem. Read the revised Whitepaper.

 Lightpaper v3
The revised Lightpaper discusses the same subjects as the Whitepaper, but in a
condensed easy to understand form. Read the new Effect.AI Lightpaper.

Event agenda update
After attending Anarchapulco in Mexico last week, our Events team is now back in
Amsterdam. The next event on the agenda was supposed to be BlockDelhi.
However, attendance of that event is cancelled due to personal circumstances.
Fear not! We are already in the process of booking new events where we hope
to meet as many of you as we can (more info on that soon).

Join our Telegram channel
Have you considered joining our Telegram channel? As part of the Effect.AI
Telegram community, you will be the first to find out about important
announcements and events, such as Whitelist registration and KYC invites.
Join up now at t.me/effectai!

Facebook.com/effectai

Twitter.com/effectaix

Github.com/effectai

Best wishes,
Chris & The Effect.AI Team

Questions from the live AMA, join in now!

https://www.reddit.com/r/NEO/comments/7wzvom/first_official_effectai_ama_is_live/


Q: Awesome news Effect AI team. I have a burning question - just would like to have a better understanding. Could you please prepare a simlified version of explanation about Galaxy Pool and its liquidity function? Thanks in advance

A: The Galaxy Pool will allow any user to easily sell or acquire EFX tokens. This ensures that using the Effect Network will be possible even when liquidity is low (when it's hard to buy or sell EFX on external markets). To ensure that this pool is not abused by traders, buying and selling tokens with it is restricted to people that use services on the network. An other advantage of the Galaxy Pool is that it maintains a stable exchange rate for EFX, so people or algorithms that make EFX on the network have more security on the value of their earnings.

~Jesse

Q: When is whitelist open?

permalink embedsave reportgive goldreply

A: We are working to create a fair whitelist for everyone and we will announce the whitelist a few days in advance. We want everybody to have a chance to participate in our tokensale and keep the big whales out.

~Laurens

Q: Hey Chris,
I'm intrigued about the project but I have a couple of questions:

1) With respect none of your team have experience in running a business which can generally be mitigated by having a strong advisory team. However at this time none have been announced?

2) How close are you to an alpha?

Thanks and hope to hear back...

A: Members of the team have extensive experience and knowledge of running successful businesses. We will release our advisory board members 1 week before the token sale. We are working closely with them now and they have been providing incredible support and knowledge.We are finalizing the prototype release now. Effect M-Turk prototype will be followed by the Alpha release shortly thereafter. We aim to have the Beta on NEO release by the end

Questions from the live AMA, join in now!

https://www.reddit.com/r/NEO/comments/7wzvom/first_official_effectai_ama_is_live/


Q: Awesome news Effect AI team. I have a burning question - just would like to have a better understanding. Could you please prepare a simlified version of explanation about Galaxy Pool and its liquidity function? Thanks in advance

A: The Galaxy Pool will allow any user to easily sell or acquire EFX tokens. This ensures that using the Effect Network will be possible even when liquidity is low (when it's hard to buy or sell EFX on external markets). To ensure that this pool is not abused by traders, buying and selling tokens with it is restricted to people that use services on the network. An other advantage of the Galaxy Pool is that it maintains a stable exchange rate for EFX, so people or algorithms that make EFX on the network have more security on the value of their earnings.

~Jesse

Q: When is whitelist open?

permalink embedsave reportgive goldreply

A: We are working to create a fair whitelist for everyone and we will announce the whitelist a few days in advance. We want everybody to have a chance to participate in our tokensale and keep the big whales out.

~Laurens

Q: Hey Chris,
I'm intrigued about the project but I have a couple of questions:

1) With respect none of your team have experience in running a business which can generally be mitigated by having a strong advisory team. However at this time none have been announced?

2) How close are you to an alpha?

Thanks and hope to hear back...

A: Members of the team have extensive experience and knowledge of running successful businesses. We will release our advisory board members 1 week before the token sale. We are working closely with them now and they have been providing incredible support and knowledge.We are finalizing the prototype release now. Effect M-Turk prototype will be followed by the Alpha release shortly thereafter. We aim to have the Beta on NEO release by the end of Q2 this year.
~Chris

Effect.AI updates - 05.02.2018

• Dubai, Blockchain forum: Effect.AI are in Dubai for the Blockchain Middle East Forum, hope to see you there!
  https://twitter.com/effectaix
• Article: Thank you to CHIPIN for the feature.
  https://www.chipin.com/effect-ai-decentralized-artificial-intelligence-network/
• Community: Effect.AI Telegram reaches 12800 members.
  https://t.me/effectai
  

PS: Did you miss our month in review on Steemit and Reddit?        

The poll for the new ticker name is officially closed!
We are proud to announce that our new ticker name is going to be EFX
Thank you to our fantastic community for their participation with over 800 votes on Twitter.

It has recently come to our attention that our proposed symbol AIX has been taken by another project.
So we need help from the enthusiastic Effect.AI community to choose what forever will be our new ticker name! 💡

Please post your suggestions and reasoning in the thread. Monday 12pm we are going to choose 5 ticker symbols, which will be put into Twitter poll, so the community can cast their vote! The poll will run from Monday till Wednesday 12pm. Announcement of the winning ticker symbol will be 3pm Wednesday.

Let’s do it together! 🙌

It has recently come to our attention that our proposed symbol AIX has been taken by another project.
So we need help from the enthusiastic Effect.AI community to choose what forever will be our new ticker name! 💡

Please post your suggestions and reasoning in the thread. Monday 12pm we are going to choose 5 ticker symbols, which will be put into Twitter poll, so the community can cast their vote! The poll will run from Monday till Wednesday 12pm. Announcement of the winning ticker symbol will be 3pm Wednesday.

Let’s do it together! 🙌

Effect.AI bounty updates 24.01.2018

• Join Bounty Signups will be processed every 24 hours. See updated list here - https://docs.google.com/spreadsheets/d/1MBNWEfNDierNq1j69XqWCNIltmUEFcfYsZK3JjBuCtE/edit?usp=sharing
• Social / Translation / Creative Applications will be processed by Thursday evening.
• 700+ responses for bounty sign ups and over 140 translators have applied to join so far! We appreciate the support!
• Effect.AI listed as 2nd most interesting ICO from London blockchain week https://www.chipin.com/london-blockchain-week-2018-ico-highlights/

Hi Ashleey, thanks for taking part! Approved sign-ups can be found below, token distribution is yet to be announced.

https://docs.google.com/spreadsheets/d/1MBNWEfNDierNq1j69XqWCNIltmUEFcfYsZK3JjBuCtE/edit?usp=sharing


Thank you for the  kind words 


We have a full social media bounty program, with Reddit, Facebook, Twitter, Steemit and Linkedin!

Check - www.g0blin.com/effect for more details. Thanks Ken_guru!


The Twitter comment task is for 100 characters NOT 100 words. Hope this clarifies brandeager!

Thank you for the amazing response Bitcointalk! 🤝We are approaching 500 bounty sign ups. With your help we can make this even bigger ahead of the token sale launch in March.

All bounty sign-ups will receive confirmation via email tonight

You can start your bounties NOW and begin earning Effect tokens

Any questions? Join our bounty Telegram https://t.me/EffectaiBounty

Bounty whitelist closes in <1 hour

Check the first post for details.

Welcome guys! If you're interested in bounties, don't forget to register for our Bounty Whitelist.

https://docs.google.com/forms/d/e/1FAIpQLSdxTfaM3F0ghprmB9Db9iQBME3ELgeVWzWMqAr0bGYaqIRKtg/viewform

Thank you for the great support so far!

For any new members, please read our official announcement on Medium:

Announcing Effect.AI’s Fully-Featured and Blockchain-Powered AI Development Network. Public Token Sale this March.

https://medium.com/effect-ai/announcing-effect-ais-288dc5e4733a

  Indeed! Expect V2 shortly.


We have not released the ICO date yet.

Updates will be relayed firstly to our newsletter subscribers (www.effect.ai) and Telegram members (https://t.me/effectai)

Early applications will be approved this weekend, thank you for your support. 

Thank you for the feedback, you can talk to our team and be the first to see breaking news in our Official Telegram group:

https://t.me/effectai

We look forward to hearing from you.


We haven't shared our bounty just yet, but you can sign up to our Bounty Whitelist HERE:

https://docs.google.com/forms/d/e/1FAIpQLSdxTfaM3F0ghprmB9Db9iQBME3ELgeVWzWMqAr0bGYaqIRKtg/viewform

Approved members get 5% bonus stakes for our entire campaign. Happy hunting  


Thank you for pointing this out, our whitepaper is currently in draft form and with the help of a great team and our community it will be perfect before our ICO launches in March.