EFFECT ARTIFICIAL INTELLIGENT (AI)

coinaddic4real (38)in #effectai • 6 years ago (edited)

Now we may ask what is artificial intelligent?
Artificial intelligent (AI) is the intelligence displayed by machine,in converse with natural intelligence(NI) displayed by humans and animals, a computer programming that is programming it self to do task based on its coding.

The AI market is booming at an unbelievable rate, but has become more unattainable with each passing moment. The reason for this is because AI technology is control of large collaboration corporations on the AI development. Effect AI propose a solution for this.
EFFECT AI
Effect AI propose an open decentralised ecosystem for AI development and AI related AI related services called the effect network.
The effect network operates fully on smart contracts deployed on a turing complete blockchain. The effect network is design to provide an alternative to services like amazon mechanical Turk, fiverr, and onespace, the effect network ensure that the platform will be easy to access ,open and very important scalable.
It requires no commissions has a lower barrier to entry .
Effect AI plans to disrupt the amazon mechanical Turk by using smart contracts deployed on the neo block chain to cut off the broker and by doing so lowering the fees consequentially. The purpose is not just removing the broker but to increase the number of interaction between people in order to generate more data. The AI market will benefit from decentralisation because of high degree interaction between agents, an open and decentralised ledger can facilitate interaction will boost collaboration between parties. Because of size of undertaking, the effect network will be split into three distinct phase namely,

PHASE 1 ( Effect mechanical turk)
Is a private, decentralised market place for works that require human intelligence, it gives business, and aspiring AI developers much to a large work force of human intelligence.
A key difference is that is peer to peer, meaning supply and demand are connected directly and more efficiently, requesters can register their tasks called human intelligent on mechanical Turk for completion by workers in exchange for payment, which are compiled through the smart contracts on the blockchain.
PHASE 2 ( effect smart markets)
They offers a decentralised market place connecting app owners seeking an algorithm (I. e to buy and sell)
PHASE 3 ( Effect power)
The effect power network uses the fact that most machine learning algorithms have a rigid structure and operates on sets of weights.
The effect network decentralised compute engine is based on popular deep learning networks like mxnet16 and the rest.
Where the network structure can be defined as declarative graph and weighs are stored as matrices of real numbers.
Effect AI has a team of 8 and is which are based in Netherland.

The Road map

As EFX tokens are used as a currency on The Effect Network, the more activity the network has, the more valuable EFX tokens should be , To help with this, The Effect Network will maintain a central pool of tokens to provide liquidity, encourage adoption, and stabilize network fees. This pool is called the Galaxy Pool which will ensure stable exchange rates for platform adopters ,
It has a mechanism to prevent price manipulation.