Effect.ai - Decentralised Network for Artificial Intelligence

In the modern world, in the conditions of rapid technological development, for optimization of various life processes, the main philosophy of small and large enterprises is the automation of the maximum number of working processes. "Everything that can be automated must be automated." That is why for routine processes scripts are written and automated accounting systems are started. Such measures allow to reduce the staff of workers and reduce the cost of wages, while excluding from some processes the human factor. However, not all processes can be replaced by a simple algorithm functioning on banal logic. Automating more complex and intelligent tasks requires more technologically sophisticated solutions. In this regard, not all enterprises and organizations can afford it. Why talk about ordinary users. The organization and training of neural networks is expensive and only the banking sector and technology giants like Google can afford them.

The decentralized network The Effect Network is built on the basis of the first block-project with open source NEO. The Effect Network aims to develop and apply artificial intelligence technology with their subsequent implementation in various industries.

The Effect Network will build a neural network with subsequent training to solve problems of varying complexity. Whether automation of any important technological processes at the enterprise before the decision of concrete user problems.

The implementation of the project The Effect Network will take place in several stages.

At the stage of Mechanical Turk, the network will learn the most various algorithms. In this event, experts from any industry can take part. Their services will be paid in NEO tokens. Due to decentralization, on the platform without intermediaries developers, customers and artificial algorithms can interact.

At the Smart Market stage, a global artificial intelligence market will be created. Users will be able to purchase algorithms to solve their needs. At this stage, the market value of the internal EFX token, on which The Effect Network will operate, is projected.

At the third and final stage, the most complex mechanisms will be implemented to create a platform that will be responsible for training. The deep training system is designed to solve the most difficult tasks. The core of the computing platform will be based on the networks Caffe, MXNet and Tensor.

The service for the use of artificial intelligence, implemented by The Effect Network, in case of its full implementation, will be certain to have far-reaching prospects, because the world today needs similar projects. Technologies have gone so far that mankind needs the help of fast and non-biased analytical systems.

I'll give you a simple example: at the present time the possibilities of using unmanned vehicles are massively tested, which, in the absence of the driver, must analyze the road situation and make decisions, it is artificial intelligence that takes on this task. This is just one example of the application of this technology and the need for The Effect Network. In fact, algorithms can be created to solve a variety of problems.

The peculiarity of the internal economy of The Effect Network is a special Galaxy Pool consisting of EFX, NEO and GAS tokens (in the future, other tokens will be added). The task of the Galaxy Pool is to provide a stable exchange rate for the platform users. Using special measures Galaxy Pool is protected from external manipulation. I consider this measure very competent and appropriate, since this system will not be subject to speculative influences and will be able to promote its technology regardless of market sentiment.

The Effect Network Team

Since March 24, 2018 the project The Effect Network will begin the basic sale of EFX tokens, which will last for 18 days.

The cost of 1EFX = € 0.057 / $ 0.07USD

Soft Cap € 4,280,000

Hard Cap € 14,820,000

The minimum purchase is € 50

We accept payment for NEO, GAS.

For more information
Websites: https://effect.ai
Telegram: https://t.me/effectai
Twitter: https://twitter.com/effectaix
Bitcointalk: https://bitcointalk.org/index.php?topic=2737469.0

By Boluwatife ( https://bitcointalk.org/index.php?action=profile;u=1398337;sa=summary )