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Whitepaper

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Introduction

  • Problem Statement

    • Data Processing

      • Obtaining an annotated data set is non-trivial and requires a lot of time and resources

    • Diverging Tasks

      • For example: A self-driving car learning to steer will also need to identify road signs around the world

    • Computational Costs

      • Developing and training AI systems is in most cases a computational intensive and thus expensive task

  • Solution Effect.AI

    • Accessibility

      • By directly linking supply and demand through our micro-tasking platform Effect.AI Force will make training AI algorithms easier, faster, and cheaper

    • Accuracy

      • Users can use data sets with significantly higher complexities to train their AI algorithms

    • Performance

      • By enabling users to build datasets quickly and accurately they can immediately use these datasets to train AI algorithms

    • Interoperability

      • The combination of multiple AI algorithms will result in powerful capabilities and emergent intelligence that no single AI algorithm can achieve on its own

 

The Community Driven Effect Network

  • Effect Reputation Score

    • Just like any reputation system such as eBay score. The more honest and better work you do that higher your reputation is the more likely you will get higher rewards compared to someone who tries to lie

  • Governance

    • The network governance system allows prominent people in the community to propose and vote for improvements which is chosen by reputation system

  • Improvement Proposals

    • Proposals are meant to better the ecosystem and are only approved if majority of the council agrees to them

  • Effect Council

    • Can leave at any time and anybody can join if voted in

 

Phase 1: Effect.AI Force

  • Requesters

    • These are people who need tasks to be completed and will pay with EFX to get those tasks completed

  • Workers

    • Workers are the people who get paid in EFX to complete a task

  • Tasks

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  • Data Sets

    • Are large and have various types of media and will need to be stored on things like BitTorrent or IPFS

  • Privacy

    • Requesters can provide their data set in encrypted form

    • Ratings of tasks performed by workers are stored on the blockchain

 

Phase 2: Effect.AI Smart Market

  • Application Registry

    • A registry with available applications on it

  • Endpoints

    • Endpoints communicate over the HTTP protocol

 

Roadmap

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NONE

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Team

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Sally Eaves – Adviser

  • Official Member of Forbes Technology Council – Current

  • Co-Founder of Project Shivom – Current

    • Our focus is on the transformational convergence of OMICS technologies with blockchain, artificial intelligence, machine learning, and cryptography to enable secure and personalised medicine with global scalability.

  • Senior Strategy Advisor to Nuggets – Current

    • It stores your personal and payment data securely in the blockchain, so you never have to share it with anyone – not even Nuggets.

  • Technology and Business Mentor for The Queen’s Young Leaders Programme – Current

    • This charity programme aims to discover, celebrate and support young people from every corner of the Commonwealth who are transforming their own lives and the lives of others.

  • Chief Technology Officer for Mind Fit – Current

    • Mind Fit Ltd is a global leader in changing attitudes and behaviours to create permanent paradigm shifts in organisational performance which transforms people lives.

  • City Lead at Circle of Young Intrapreneurs – Current

    • With 1000+ members from 300+ organisations in over 40 countries, COYI creates positive social change through business by leading a community of young change makers.

  • Director of Glabal Education at British Young Asian Entrepreneurs Association – Current

    • A recipient of the Unlocking the Potential of People Award, BYAE is a leading non-profit organisation which empowers young business individuals and groups through advocacy, networking, collaboration and bespoke research.

  • Digital Leadership research for Aston business School – 2 years

    • This is supported under a full scholarship award by Aston Business School which is renowned for the quality of its teaching and research being among only 1% of business schools worldwide that hold the triple accreditation of AACSB, EQUIS and AMBA.

  • Senior Change Management Consultant for T-Systems – 3 years 4 months

    • This role bridges technical, strategic and human factor management of high priority changes and new system implementation across the IT, IS and Radio Access Network during a critical transitional period for leading communications operator client Everything Everywhere under a newly formed outsourcing agreement.

  • Payments, Credit Risk and Fraud Change manager for EE – 1 year 10 months

    • Responsible for the scheduling, control and delivery of change releases to live, test and production environments, focused on the customer experience and maintaining an end-to-end seamless service, communicating and managing stakeholder expectations.

  • Senior Application Support Analyst at Orange Business UK – 2 years 3 months

    • Responsible for managing a 24/7 technical support environment for business intelligence and enterprise systems, including first and second line services.

 

Steven Deurloo – Advisor and Investor

  • ICO Advisor to Attrace – Current

    • The Attrace blockchain solution makes the middleman in Affiliate Marketing obsolete by establishing a direct connection between Merchants (companies selling products or services) and Publishers (websites etc. promoting those products or services).

  • ICO Advisor to iCasting – Current

    • iCasting is a revolutionary online platform where clients and talents can find each other fast and easy.

  • Member Board of Advisors to Amsterdam Student Investment Fund – Current

    • An Amsterdam-based venture capital fund, completely run by students.

  • Strategic Advisor to IntenseCoin – Current

    • In order to achieve these aims, we first need to create an open, censorship free, immutable, private internet network to provide the backbone of this system.

  • Partner at ThoroFinance – Current

    • ThoroFinance is an independent corporate finance firm based in Amsterdam specialising in non-public structured debt and equity transactions.

  • Member of European Decentralized Economy Council – Current

    • The European Decentralized Economy Council (“EDEC”) is a community whose mission is to analyze, develop and promote common standards and best practices related to digital tokens offerings and decentralized ecosystems, in particular by promoting transparency and fairness to protect consumer and other interests.

  • Investor and Advisor to SURANCE – Current

    • Surance is building the future of investing by making wealth and pension planning smart and available on your smartphone.

  • Investor and Advisor to Crown Finance Group – Current

    • Crown Finance Group is a specialised financing company focusing on providing small and medium enterprises (“SMEs”) in the Netherlands an opportunity to finance their growth.

  • Investor and Advisor to Capsearch.com – Current

    • Capsearch offers online software to compile and generate comprehensive credit applications resulting in competitive proposals from finance providers.

  • Investor and Advisor to Grain.io – 3 months

    • The Backbone of Modern Work Agreement - Facilitated by Grain's blockchain solution

  • Mentor at Startupbootcamp FinTech – 1 year 4 months

    • Assisting Fintech startups raising capital

  • Director at ING – 5 years 9 months

    • Product development, sales/origination and execution of structured investment and funding solutions for corporations and financial institutions.

  • Vice President at Citi – 5 years 1 month

    • Product development, sales/origination and execution of complex private placements for corporations and financial institutions.

  • Tax Laywer for KPMG Meijburg & Co – 3 years 3 months

    • Advising multinational corporations and private individuals on international tax structuring.

 

Jesse Eisses – Co-Founder and CTO

  • Lead Developer and Developer for Itsavirus – 5 years 7 months

    • Conversion driven websites with an easy to use backend, designed to effectively manage your day to day operations. Started in 2008 and has 64 members

  • Developer for MyAdbooker – 1 year 3 months

    • MyAdbooker has developed the first SSP and Exchange for Digital Out Of Home (DOOH) advertising. Founded in 2012 and has 6 members

 

Laurens Verspeek – Co-Founder and Lead Developer

  • Lead Developer and Web Developer at Itsavirus – 6 years

 

Piet Huige – COO

  • Director of Operations, Technical Project Manager, and Head of Project Management for Platform 161 – 8 years 7 months

    • Platform161 is the world’s only truly customizable digital marketing platform. Founded in 2012 and has 45 members

  • Business Development Manager for ClickDistrict – 1 year 2 months

  • Market Research for Siemens Energy – 4 months

    • With our portfolio, we are one of the world’s leading suppliers of a wide range of products, solutions and services in the field of energy technology. 240K followers

 

Nick Vogel – Co-Founder and Lead UX/Design

  • Lead Designer and Media Designer for Itsavirus – 3 years 7 months

  • Co-Founder of Cococci – 4 years 4 months

    • All COCOCCI pieces are designed  by our own designers incorporating the unique COCOCCI style, paying the utmost attention to the smallest details to create these unique masterpieces. Founded in 2013 and has 3 employees

  • Media Designer for Otwee B.V. – 1 year 11 months

    • specialist in Big Data talent recruitment and Education on Demand

    • focussed on great placement of young talent and experienced professionals

    • for jobs such as: data analyst, data scientist, business intelligence specialist and developer. Has 10 employees

  • Media Designer for 13-08 Communication Agency – 6 years 9 months

  • Webdesigner for MTV Networks – 5 months

 

19 MEMBER TEAM

 

Partners & Backers

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Quadrant

  • Quadrant Protocol will provide satellite images of Singapore, which will be divided among Effect Force task-workers to define the GPS locations and polygon trace of the elements.

Civic

  • Effect.AI will utilize Civic’s Secure Identity Platform to provide an added layer of protection to its services. We are proud to be on board as Effect.AI moves into this exciting first phase.

 

Articles

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https://neonewstoday.com/general/effect-ai-partners-with-quadrant-to-georeference-maps-for-singapore-government/

In the partnership, Effect.AI and Quadrant have agreed to provide “high-value location data and services” to the Singaporean Government. Through Effect Force, a globally distributed workforce will identify and categorize geographic details from satellite images. In an effort to seek further partnerships with other governments and local authorities, Effect.AI aims to rapidly develop and deploy many geo-referencing features in the upcoming weeks. Such features include mapping, polygon traces, point-of-interest (POI) labeling, and live location feeds.

 

https://neonewstoday.com/general/effect-ais-effect-force-private-beta-completes-200000-tasks-in-48-hours/

On June 28th, 2018, Effect.AI launched its Effect Force platform in private beta on the NEO MainNet. 200,000 image classification tasks were completed by workers in just 48 hours. Effect Force is a marketplace that connects AI developers to paid contributors. Its primary purpose is to use human intelligence to train AI algorithms through the completion of tasks that cannot be done by computers.

 

https://medium.com/@effectai

 

https://www.civic.com/blog/effectai/

“One of the many benefits of working with Civic is that their protocol actually allows for the verification of, for instance, high school diplomas and other certificates associated with user profiles. This makes it possible for us to reserve certain tasks on the Effect Force platform for a subset of workers that is most qualified for that type of work. And that’s just the beginning.”

 

Videos

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https://www.youtube.com/watch?v=gJ-5wYjUkFA

Effect.Ai

 

https://www.youtube.com/watch?v=30J_3KHbe-k

Crypto Lark Interview

 

https://www.youtube.com/watch?v=-Vf-w3cjFjs

Crypto Zombie

 

https://www.youtube.com/watch?v=YeS9C1QvTgc

Crypto Love Interview

 

CoinCheckUp  

 

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Conclusion

I would give Effect.ai a C rating. The Effect Network introduces an open, decentralized network that provides services in the Artificial Intelligence market. The 3 phases of The Effect Network require no fees, have a low barrier of entry and provide fast growth to its users. It runs seamlessly on the NEO blockchain and is fueled by a network NEP-5 token. The effect of this network will define the future relationship between humanity and AI. I personally feel like there is a lot of things that can hold this company back. Their doesn’t seem to be any NEO connection other then the fact they are being built on NEO. They don’t have many partners and no major ones. Their team is very weak, little experience, not as much knowledge. I think that there is a lot holding this company back and that there are some red flags with it that we should be cautious and avoid if we can.

FUJAN CRYPTO REPORTS

©2018 BY FUJAN CRYPTO REPORTS. PROUDLY CREATED WITH WIX.COM

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