A brief history of the brand behind Effect.AI

Effect.AI was founded in Amsterdam in early 2017. The core mission at the time was to create an open and democratic ecosystem for Artificial Intelligence development. To build platforms and software to aid data scientists in structuring data sets and help organizations build AI services. The first Whitepaper publication was released on August 24, 2017 and was titled Effect Network: Decentralized Network for Artificial Intelligence. The name Effect Network was a spin-off of an AI service that the founders were already working on called Effect.AI. …

Effect Pieces Uses Blockchain to connect Artists and Refugees to raise funds and awareness

Rare digital art masterpieces created by refugees are being sold as NFTs (Non-Fungible Tokens) at auction to raise money and assist with the refugee crisis. Some of the world’s most accomplished artists have donated special art pieces from their personal portfolios and with this new project called Effect Pieces refugees help in recreating these artworks into new unique digital art. You can check out the first of the series on SuperRare, the #1 auction for rare digital art.


A collective of accomplished artists have donated art…

We are excited to announce that one of the core components of the EffectDAO has just been launched on EOS Mainnet. A few weeks ago our trusted CTO Jesse Eisses outlined what to look forward to in this release with a Medium post entitled The EffectDAO Voting: Adapt to Survive. And now we can see how it looks and how it works.

DAOs and distributed organizations rely heavily on the contribution of its members. A key method that allows its members to add value to the network and decide what is important to the project as a whole is a…

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A new chapter of The Effect Network is now upon us.

As of today, November 16, 2020, you can register for the EffectDAO via the new and improved Effect Dashboard. Let’s take a quick look at the new look and features. At the end of this blog post, you can find the EffectDAO Guardian staking requirements of each level (Rank).

To access the Effect Dashboard simply visit https://dashboard.effect.ai/ or access it through your favorite EOS mobile wallet.

The home page will look…

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Chapter #7

Today the very first stage of the Effect DAO has been initiated and is now live. Over the course of the next few weeks, we will add all the elements that make up Phase 0. Once all stages are complete and thoroughly tested we will swiftly move to Phase 1. There will be vigorous testing between each stage of Phase 0 to ensure all technical features perform and act as intended. In crypto and blockchain, you can never be too…

Chapter #6

The main objective of a DAO is to grow the associated ecosystem and encourage participation, which in turn can bring new users, clients, and value into the network. The most valuable element to encourage participation in anything, whether it be society, school, business, or a DAO is to align the mission and goals to appropriate incentives. But equally important is to set the appropriate penalties to discourage complacency and bad actors preying upon the network. If a proper balance in this duality is achieved, healthy long term growth is “almost” a certainty.

In societal structures like schools, you…

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Chapter #3

I want to begin this blog with a quick history lesson about Effect.AI. In 2017, we published The Effect Network Whitepaper. If you refer to the paper you’ll find a section titled The Galaxy Pool, which gives a technical overview of a liquidity pool of digital assets including, of course, EFX. This liquidity pool was intended to be an internal system of financial “Defi” services for workers and contributors to The Effect Network. Now, remember, one of the core designs of the network is to provide access to consistent and fairly…

In our enduring efforts to further enrich blockchain and AI learning opportunities in our Effect AI & Blockchain Centers, we’ve partnered with Ivan On Tech Academy. Members at our centers will be able to access and learn from the Academy’s course offerings composed of world-leading industry experts. These courses cover blockchain, cryptography, programming, and much, much more.

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Chapter #2

The Effect Network, in the vision of the Whitepaper is not only a homestead for accessible algorithms and services, nor a new type of democratic system for global participation or is it just some software platforms to give opportunities of inclusion to those regardless of what they look like, where they live, how they worship, who they love or how much money they may have. The Effect Network is intended to be all the above and so much more.

There are elements of the network not yet imagined that we feel…

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The time has come for the most exciting evolution of The Effect Network! As we close in on the launch of the Effect DAO, the excitement brewing amongst our team and community has become viral…

Through a series of 8 blogs over the next few weeks, we’ll be sharing with you how The Effect Network will embrace a new chapter in decentralization with the release of the Effect DAO and share the several new use cases for the network tokens EFX and NFX.

For those who don’t know, EFX is the Utility token and…

Chris | Effect.AI

Shaping the Future-of-Work through blockchain. Work from anywhere at any time and open for anyone. $EFX

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