ICO Review: Effect.AI (EFX) the Decentralized Network for Artificial Intelligence Effect.ai is an open, decentralized network that provides services in the Artificial Intelligence market. The project is divided into 3 main phases: 1) Effect Mechanical Turk is a workforce on demand that allows anyone in the world to request or perform tasks that teach and develop AI algorithms 2) The Effect Smart Market is a decentralized exchange where people can offer and buy artificial intelligence/machine learning services and algorithms. 3) Effect Power is the last phase in which Effect.ai distribute the computational power needed to run deep learning frameworks and other AI algorithms. Tokens: 2 token system: EFX and G-EFX tokens managed through which Galaxy Pool ensures stable exchange rates for users of the network at all times - this means less volatility. EFX tokens are the main currenty in the platform meaning workers to sell their EFX rewards for native tokens and network users to buy EFX if they wish to do so. G-EFX are tokens that haven't gone through Effect.AI Service Contract. This means tokens that haven't gone though tasks and services Conclusion: The Effect.AI appears to be nicely planned out for long term success and done by a very experienced team. I feel that there should be a lot of FOMO because of the low marketcap when compared to the competition. Because of that there should be demand for the tokens. Verdict: 9/10 Hype factor: very high Short term investment score: 9.5/10 The tokens economics and the increasing amount of hype should result in plenty of demand. AGI did a nice return and Effect.AI might be seen as an alternative so people will try to get in for profit. It's also on NEO which might increase interest further. Long term investment score: 8.5/10 The project is ambitious but the team does appear to have the knowledge needed to pull it off. The lack of prototype is the biggest concern but once the MVP is released that should remove any FUD and generate further demand. Links: ICO website: https://effect.ai/ Company website: https://itsavirus.com/ Whitepaper: https://effect.ai/download/effect_whitepaper.pdf Medium: https://medium.com/@effectai Twitter : https://twitter.com/effectaix Telegram: https://t.me/unibright_io Facebook: https://t.me/effectai Follow me on social media: Telegram: https://t.me/crypto0coins Twitter: https://twitter.com/Crypto0Coins Facebook: https://www.facebook.com/crypt0coins/ Steemit: https://steemit.com/@dmae You can also use my referrals: Coss referral: https://sso.coss.io/api/invite/XJZ89O9XRU Binance referral: https://www.binance.com/?ref=10136785 Coinbase referral: https://www.coinbase.com/join/580f4ae28bfa31697d9a8f7c Or donate: ETH and ERC20: 0x43d42eeF0952629EA5B384B6283eBd608c02A709 BTC: 36hqDXqFxWBjb5D4U9XxKFLCQXHHwjtQZX LTC: LawVWy6BPAiv8BC7QwqmzroLE5QTP3npzK ETC: 0x19f7359510b1ee73a4552b2b2652fe0b32e35a0a NEO: AHwKiZrUbdZX5pLkixqUHvpKE1js5t8mZ8 DASH: Xrya3sVGzhARZuY6g9zHg3FLB5rCtLMtEy ZEC: t1VG9gvMAhhVMHSQbwmARwUZCxYTBxWEP2a IOTA: 9WWZDDGYS9PVKSUODNFLRJXHWFVXKZICDWBIRJKIEWUFKLD Love you but keep in mind that this is not a financial advice!