Effect.AI (EFX) is an Amsterdam-based project founded by Chris Dawe in 2016, which works on a decentralized platform for artificial intelligence on NEO blockchain. The official sticker symbol for Effect.AI token is EFX, which belongs to token type NEP-5. Three phrases in Effect.AI network === With Effect Mechanical Turk, users can perform tasks including tasks that teach and develop AI algorithms by consuming EFX tokens. Also, Effect Force allows users to create custom tasks in an isolated environment, for example they can contain any sort of html, Javascript, or styling on their task. Users will receive AIX tokens tokens as rewards if the tasks are completed with smart contracts. Phrase 2: Effect Smart Market The Effect Smart Market is a decentralized AI marketplace for users to offer or buy AI and other machine learning devices. Phrase 3: Effect Power The Effect Power distributes computational power to run learning frameworks and other AI algorithms. History Effect.AI's ICO started from 24 March 2018 to 12 April 2018. During the ICO period, it totally raised EUR 11,039,106. On 12 January 2019, Effect.AI announced a partnership with the Decentralized Artificial Intelligence Alliance (DAIA). In February 2019, Effect.AI announced that they will leave NEO blockchain and migrate to EOS blockchain by the end of April.
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