The Effect Network: Changing Lives

in #ico7 years ago


In the current blizzard of ICO launches, the analysis is generally placed on the project's business operations and economic impact. This is extremely justified since investors are providing investments, not charity. But I've come across a project that needs a stronger focus on its social impact because its about to have a grand-scale change for many.


The Effect Network has a brilliant solution to advance AI development. It offers a platform to access an on-demand, global labor force, a marketplace that provides liquidity to an AI product irrespective of what stage it is in, and a means to channel unused computing power.

The business fundamentals are strong--too strong since there are many features to this product and each seamlessly compliments and reinforces the other.

But I want to shine some light on the social impact of a platform of The Effect Network.

An Even Field

We live in a world where opportunities are not evenly distributed. Engineers in undeveloped countries have a steep slope to climb to join a project that allows opportunity to make a big impact.

These engineers may be extremely talented but the current anti-immigration environment of the world combined with the weak social structures in undeveloped nations restrict the talent there from achieving anything. The Effect Network's Mechanical Turk offers an opportunity to global talent to join the most important technological advancements.

The Effect Network brings opportunities on a true merit-based environment and the place of your birth won't dictate the limits of your abilities.


Next, I want to point out that opportunities are not 100% even in the developed world either. Most cutting edge advancements in technology are done within heavily-funded private companies or large corporations where you need to either be an accredited investor or an early share holder, respectively, to have the opportunity to invest in present advancements in AI. The Effect Network allows anyone to hold a stake in the advancements of AI--even if you have less than a $100! You can be a part of the future of AI by grasping the valuable EFX tokens during the company's ICO.


Opportunities for All

The platform isn't just going to improve the state of things for individuals; it's also going to have a massive impact on businesses. Small and medium sized businesses will now have the opportunity to affordably compete in a once-exclusive tech field with players that were all multi-billion dollar firms. This impact is even more prominent in undeveloped nations where monopolies and oligarchs hold massive influence. But with a decentralized, global platform like the Effect Network, the conditions are largely improved for small businesses across the world in a presently extremely controlled and centralized field like AI development.

The Effect Network is a platform optimizing the needs of a cutting edge technology. But more than that, it is a project with a massive social impact by making the world an even field for anyone, anywhere. It truly optimizes the ability to leverage global talent by offering opportunities to all and brining innovative solutions to the world through an efficient market mechanism.

The platform is blind to your age, ethnicity, status, etc. and nothing can hold you back; join it and let your talents and abilities pave the way.

Part 2: Essential Information

🌐 Website: https://www.effect.ai/
💡 Whitepaper: https://www.effect.ai/download/effect_whitepaper.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=2737469.0
💻 Telegram: https://t.me/effectai
⌚️ Token Sale: MAR. 15
📃 Ticker: EFX
👂🏻 Token Type: BASED ON NEO BLOCKCHAIN
🔗 https://twitter.com/effectaix
👔 https://github.com/effectai

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