What is EFFECT.AI ? ICO review.
The AI industry is growing with the speed of lightning. But big companies got hold of it – Amazon, Google, Facebook and so on. They analyse our behavior to make algorithms work in a way that we want to buy, watch, and other stuff.

The solution need to come that will give the power back to people and developers. This is EFFECT.AI Network.

Effect AI - is going to be a decentralized marketplace not only for people who create AI, but also for AI's themselves.

NEO project

What is remarkable about the project is that it is run on NEO blockchain. Most existing NEO projects use a NEP5 token (e.g. RedPulse3 , Qlink 4 , and DeepBrain Chain5 ), and EFX is not an exception.

development phases

Phase 1: Effect Mechanical Turk

The first phase intends to bring Mechanical Turk to the blockchain. This service will allow developers to access a global workforce that can help in "teaching" the AI. It will essentially be a marketplace where users can earn tokens for completing tasks. The completion of these tasks will not only earn >them tokens, but it will also help move AI forward.

Phase 2: Effect Smart Market

The second phase is an AI marketplace on the Effect Network. Using the Effect Network, users such as companies, will be able to buy AI related services. The services that are on the marketplace can be developed with the >help of the Effect Mechanical Turk developed in Phase 1.

Phase 3: Effect Power

This is the third and final stage. This stage will use shared computation in >order to power the developed AI applications.

conclusion

EFFECT have the potential to take the trillion $ turf.
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