Effect Network (EFX) is a decentralized platform on the BSC and EOS blockchains that enables a global workforce to earn EFX by completing microtasks. More
Fully Diluted Valuation | $76,289 |
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24H Trading Volume | $109 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 0.00 |
Total Supply | 650.00 M |
Max Supply | ∞ |
Categories | BNB Chain Ecosystem 2 more |
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Founder | Chris Dawe 2 more |
Website | effect.ai Whitepaper |
Socials | 3 more |
Chains |
Binance-smart-chain Ecosystem
1 more
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Explorer | Arkhamintelligence 3 more |
Contracts |
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Name | Pair | OG Score |
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Founded in 2017, Effect AI focuses on AI-related services. It aims to democratize AI development, enabling anyone worldwide to participate. Effect Force is central to this initiative, providing a transparent and efficient way for workers to earn EFX by completing tasks. The network's governance by EffectDAO ensures that the platform aligns with the community's interests.
Effect AI (EFX) is a cryptocurrency project that operates on the Binance Smart Chain (BSC) and EOS platforms. Managed by the EffectDAO, its main product, Effect Force, is a blockchain-based framework designed for the future of work. This platform allows a global workforce to complete microtasks and earn EFX tokens.
Technology Behind Effect AI
Effect AI leverages blockchain technology for a secure and efficient infrastructure. The decentralized network prevents manipulation of data and transactions, ensuring transparency and security. It also minimizes environmental impact by operating on energy-efficient platforms like BSC and EOS. Smart contracts automate processes, reducing the need for intermediaries.
Real-World Applications
Effect AI offers several practical applications:
Key Events in Effect AI's Journey
Effect AI has marked several important milestones:
Founders of Effect AI
Effect AI was co-founded by Chris Dawe, Laurens Verspeek, and Jesse Eisses. Their combined expertise in blockchain technology, software development, and AI integration led to the creation of Effect Force, establishing Effect AI as a significant player in the blockchain and AI sectors.
Conclusion
Effect AI is transforming how work and AI services are approached through its decentralized platform. By empowering individuals to earn and contribute, it fosters a more inclusive and innovative future in the AI ecosystem.
Effect AI (EFX) is unique for its decentralized platform that enables a global workforce to complete microtasks and earn EFX tokens, all while ensuring transparency and efficiency through blockchain technology and community governance via the EffectDAO.
Effect AI was founded by Chris Dawe, Laurens Verspeek, and Jesse Eisses, who combined their expertise in blockchain, software development, and AI to create the Effect Force platform for the future of work.
Effect Network has support from the EOS ecosystem and various individual investors focused on decentralized marketplaces.
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