The fourth industrial revolution is not far off. So scientists explain the growing interest in AI. Specialists have applied the method of decentralization, based on practical achievements. The project is devoted to the prospects of AI. Over time, its increase in its impact is obvious.
The blockchain structure is implemented in the form of a data warehouse. It stores the logically chained processes for which there is no need for confirmation from the trustee.
The main reason for the block chain is to decentralize the process. This allowed to achieve anonymity and protect the resource and its participants from fraud. The operations performed in the system are 100% pure.
How the project developed.
The site with the Effect.AI algorithm appeared in the second quarter of 2016, and the first result of the algorithm for the website became apparent in the second quarter of 2017. It became clear that it is better to turn the sequence into a chain Effect.AI. Its characteristics are as follows:
· The total number of EFX tokens is 650,000,000.
· Finance is accepted: GAS, NEO.
· The objective of the investment result is 4,280,000 euros (optimal - 14,820,000 euros).
The emitted tokens received their distribution. The percentage of public token - 40 units. Incentives platform - 16%. You can get acquainted with the news on the site, in social networks. Their addresses are given on the company's website.
To date, it has been proven that the system is suitable not only for banking companies. It realizes its purpose in an economical format.
The EFFECT Network consist of 3 phrase:
Effect Mechanical Turk:It allows anyone in the world to perform a wide range of workand receive moderate payment. It will give AI developers and businesses access to a big workforce of human intelligence to train AI algorithms. When a worker completes a job, they are paid with with a network NEP-5 token.
Effect Smart Market: Effect Smart Market is a distributed AI market where individuals can provide and purchase AI services or learning algorithms. An application owner, for example, can register his or her AI product and signify a price or usage fee for the consumer. AI products are available to anyone on the exchange through smart contracts.
Effect Power: The last phase provides a decentralized, distributed computational platform that will run major deep learning frameworks. The Effect decentralized compute engine is based on major deep-learning networks like Caffe, MXNet and Tensor flow.
THE TEAM
The Effect Network is led by Chris Dawe (CEO), Jesse Eisses (Blockchain Lead), Laurens Verspeek (Development Lead), and Nick Vogel (Design & Interaction Lead).
Dawes is an expert in operational and business system management and has 18 years of experience as a project manager and entrepreneur.
WHY YOU SHOULD INVEST IN EFFECT?
Effect.ai owns a group of creative, experienced developers and consultants in the field of artificial intelligence, blockchain technology and business. This is one of the factors that determine the success of the project.
With Effect.ai, people can exchange and purchase services and algorithms with ease and quickly.
More information:
Website: https://www.effect.ai/
Facebook: https://www.facebook.com/effectai
Twitter: https://twitter.com/effectaix
Linkedin: https://www.linkedin.com/company/effectai/
Medium: https://medium.com/@effectai
Reddit: https://www.reddit.com/r/effectai/
Github: https://github.com/effectai
I Will like to see what you think in the comment section. An upvote will be appreciated as well :)