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EFX

EFX

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Effect.AI introduces an open, decentralized network called The Effect Network, that provides services in the AI market. The network replaces several existing services and requires no fees, has a low barrier of entry and provides fast growth of the industry. This is accomplished by three platforms that run on the EOS blockchain and are fueled by a utility token called EFX. The first platform is a marketplace for tasks that require human intelligence. It allows anyone in the world to perform tasks for a fair payment and gives businesses access to a large workforce of human intelligence. The second platform is a decentralized registry of AI services described by a rich ontology. On this platform any algorithm can be accessed as a service in a unified manner and has a convenient way to receive payment. The last platform provides a decentralized, distributed computational platform that can run popular deep learning frameworks. The effect of this network will define the future relationship between humans and AI.

Volume 7d
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