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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.
Website: Visit
White paper: Read
Bounty: Bounty
ICO Time: 1 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%)
ICO Price: 1 EFX = 0.07 USD
Accepting: NEO, GAS
Soft cap: 4,280,000 EUR
Hard cap: 14,820,000 EUR
Social Media
  • 1

    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.

  • 2

    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.

  • 3

    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


Jesse Eisses

Blockchain Lead

Laurens Verspeek

Development Lead

Nick Vogel

Design & Interaction Lead

Jeffrey Hamer


Nico Curylo


Polina Boykova

Community Manager

Jaqueline Gross


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