🔥【ANN】【ICO】⭐EFFECT.AI Decentralized Network for A.I⭐Powered by EOS🔴【Bounty】

[kchulani]

Effect.AI is really covering all bases. I think they are really looking to showcase the blockchain the way it was meant to be. This is one investment that everyone's time will doing research will pay off greatly. I am really happy to see the team really being proactive even after the ICO. They have my trust moving forward. Great Job team!!!

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[totholio]

The project is very promising, I'm waiting for it when it comes to the exchanges. Tell me please, where can I find the road map of this project?

Here for example https://t.me/effectai/104543 it's also in the Whitepaper  https://effect.ai/download/effect_whitepaper.pdf  Switcheo will be the first in a couple weeks after token distribution, but I'm sure centralized exchanges will also list it.

[totholio]

And here there are ICO participants who have already received their tokens to their Neo wallets? It may need to add? as is usually the case with Ethereum tokens.

Nobody received their tokens yet, it will be distributed next week most likely, yes the hash will be announced soon.

[yorll]

Effect.AI has a large community. They quickly collected €11.039.106 on an ICO in a few days. And I think that when EFX lists to the exchanges token value will increase significantly.

[AlexaSonda]

I am very excited to wait and see the update they will do in Q3 later, which will release full Effect M-Turk.

[zelenberg]

I have a question for everyone! Which kind of wallet are suitable for storing tokens?

I don't like to download wallets, so I use Neotracker, it's like MyEthterWallet for NEO.

[fork100]

Why token sale ended only 4 days. It seems to me even literally a couple of days and you could collect a hard cap.

[Cult]

Congratulations on the succsessful ICO campaign! A decentralized AI network can really push the technology forward. However, I have a couple questions about the "Fourth Industrial Revolution" part in your Lightpaper. There you claim that such a technological leap may result in a greater inequality and assume the possibility of tax on AI. Why do you think that inequality in that case is a bad thing? Indeed, that is a fact that income inequality in capatitalistic countries is growing, however it doesn't mean that poor are getting poorer. In fact, all income levels are benefitting from the economic growth. On of Effect.AI goals is to make AI technologies more accessible and affordable, which means that automation will eventually drive prices of a lot of things down. If various goods and services begin to cost less people and buinesses have more disposable income left to spend on something else and consequently these extra disposable income will create new jobs based on the people's demand. Taxing AI or machines is basically no better than any form of protectionism because in these case as soon as you gain some decrease in technology cost you instantly depreciate it by the burden of taxation. The idea of taxing machines is not a new thing and was popular in the 19th century as well, as at these time people were also afraid that machines would steal people's jobs. But we can see now that the technological progress has only resulted in the growth of prosperity and creation of new jobs. So why are you so in favor of using Effect.ai for taxation?

[CryptoBuds]

Devs, could you please clarify, will the main version of your network be work on your own blockchain or not? If not how will you manage to have so high transaction rate on NEO blockchain?

[totholio]

I have a question for everyone! Which kind of wallet are suitable for storing tokens?

I use NEON with Ledger, neotracker is pretty slow for me. But I would make multiple address if you will have a lot of EFX.

[brokkoly]

why you decide to re-allocate unsold tokens to galaxy pool and not burn them?

The Galaxy Pool ensures stable exchange rates for users of the network at all times by, among other measures, discouraging day traders. Key in achieving this is making a distinction between Galaxy-EFX (G-EFX) tokens and EFX tokens. G-EFX tokens can be bought. Any G-EFX bought from the Pool cannot be sold back to the Pool. A G-EFX token is cleared (converted to a regular EFX token) by spending it through an Effect.AI Service Contract.

[ethereumcu]

EFFECT.AI is a nice project, Can i use this token on ledger ?   or can i store it for long time in ledger device?  cause i want to hodl this coin.

[maxiimallist]

why you decide to re-allocate unsold tokens to galaxy pool and not burn them?

The Galaxy Pool ensures stable exchange rates for users of the network at all times by, among other measures, discouraging day traders. Key in achieving this is making a distinction between Galaxy-EFX (G-EFX) tokens and EFX tokens. G-EFX tokens can be bought. Any G-EFX bought from the Pool cannot be sold back to the Pool. A G-EFX token is cleared (converted to a regular EFX token) by spending it through an Effect.AI Service Contract.

It sounds very cool, but the work mechanism is a bit confusing. I hope all this will benefit the project. At present, this project is almost the only one that inspires confidence.

[cupic]

AI had got some really big moves since computer technology grow very fast.
I've heard that Facebook had to shutdown some AI because they communicate each others through their own language.
AI is very helpful-ofcourse, we nearly can't live without them nowaday. so there's only way to avoid judgment day: manage them the right way
I think that is the main purpose of this project's pointing to...
hope it success.

[Victor_189]

Platform Effect.ai allows users to load their data sets, which can be used to teach the AI algorithm and create tasks for them. The reward in cryptocurrency is determined independently, because this is a decentralized platorma, there are no additional fees.

[Alohadanc3]

AI market is growing day by day.And I hope, how you guys are active you will catch the speed from the first day.I was late for crowdsale.Followed you guys for a long time still missed the token sale.Now waiting for the exchange.And I joined the telegram group, Comunity is very much active which means the project is already successful.And also saw the MVP.I think
in this downtime very very few ico perform well.You guys are One of them Good Luck.

[Udrujes]

When are the first listings planned and on which exchanges? Just did not have time to public sale I want to buy tokens on the stock exchange. thank you in advance.

[DikkieD]

I am quite anxious to hear about upcoming milestones and events. Will you guys/gals be attending events in the near future? Which ones?

[gerymakgyaer]

Blockchain-startup Effect.ai haalt 11 miljoen op

Effect.ai heeft tijdens een vierdaagse crowdfundings-campagne ruim elf miljoen euro opgehaald. Die Amsterdamse startup werkt aan een manier om de ontwikkeling van kunstmatige intelligentie (ai) te decentraliseren met behulp van blockchain-technologie. Via het opgehaalde kapitaal wil Effect.ai een bèta-versie van de eerste fase van zijn platform op de markt brengen. https://www.computable.nl/artikel/nieuws/startups/6334555/250449/blockchain-startup-effectai-haalt-11-miljoen-op.html?utm_source=twitter

[yorll]

I worked with Amazon M-turk. The price of the work was very small. I had to do many tasks to earn some money.
I'm sure Effect.AI will be more popular than Amazon M-turk because people will be able to earn more.