can i ask what happened to the idea that there was not going to be an ico ?
the terms ICO and token sale can mean different things. Some people use it to describe the same thing. Oh well it's a young market, terms and definitions are still misused a lot 
Topic: 🔥【ANN】【ICO】⭐EFFECT.AI Decentralized Network for A.I⭐Powered by EOS🔴【Bounty】 - page 52. (Read 35385 times)
February 21, 2018, 04:26:38 AM
February 21, 2018, 04:25:04 AM
can i ask what happened to the idea that there was not going to be an ico ?
For me, there is a massive difference. An ICO has been the generic word of convenience to describe a crowdsale of Cryptographic tokens that are sold in a very similar way to traditional crowdfunding. ICO’s and Token Sales are essentially crowdfunding on steroids - where the cryptographic token is available for exchange on cryptocurrency exchanges against bitcoin, usually within a couple of weeks of a Token Sale completing. February 21, 2018, 04:23:54 AM
can i ask what happened to the idea that there was not going to be an ico ?
For me, there is a massive difference. An ICO has been the generic word of convenience to describe a crowdsale of Cryptographic tokens that are sold in a very similar way to traditional crowdfunding. ICO’s and Token Sales are essentially crowdfunding on steroids - where the cryptographic token is available for exchange on cryptocurrency exchanges against bitcoin, usually within a couple of weeks of a Token Sale completing. February 21, 2018, 04:22:31 AM
can i ask what happened to the idea that there was not going to be an ico ?
February 21, 2018, 04:21:41 AM
Excuse me, where is the project party?
How can I get in touch with the project?
How can I get in touch with the project?
February 20, 2018, 03:25:50 AM
This project looks very serious. Can you tell me please? Interesting project. But how many supply coin in total? Thankfulness.
February 19, 2018, 02:02:17 PM
Still any news about whitelist for tokensale? Why they didnt make announce about exact date? Than people will know and will not miss
February 19, 2018, 04:26:32 AM
the project looks really good,
in the tittle it said BOUNTY? where is the link?
Since the project is good i want to join the Bounty
in the tittle it said BOUNTY? where is the link?
Since the project is good i want to join the Bounty
Whitelist for bounty is closed.
February 18, 2018, 06:59:58 PM
Token sale start 15th March? When whitelist will be open? And how about pre-sale? On the tokens allocation I see that only 40% for ICO, and no pre-sale?
There was no pre-sale, whitelist will be announced soon, it's happening this month. There is also 20% for future funding locked https://effect.ai/tokensale
February 16, 2018, 06:56:02 AM
February 15, 2018, 01:13:43 PM
Hello.I'm interested in this question can you please explain what problems this project will solve exactly ?
February 15, 2018, 06:31:12 AM
so the main question for now - when the whitelist will be opened and KYC started. Really interested in that project. And see nice profits on market.
February 14, 2018, 03:44:26 PM
so the main question for now - when the whitelist will be opened and KYC started. Really interested in that project. And see nice profits on market.
February 14, 2018, 09:28:10 AM
Token sale start 15th March? When whitelist will be open? And how about pre-sale? On the tokens allocation I see that only 40% for ICO, and no pre-sale?
February 14, 2018, 05:25:23 AM
February 13, 2018, 04:51:52 PM
Posted on behalf of Effect.AI
Hi, your questions have been answered previously in our Telegram group by Chris. Please find quotes below and our updated roadmap.
I haven't found a detailed road map on the offcial homepage/whitepaper. I understand the 3 phases that you try to achieve one after the other. Will there be a more detailled roadmap soon?
Will you also announce advisors (didn't find any)?
I undesrstand your effort and appreciate that you want a larger community to benefit from AI and not only big companies that keep their AI improvements secret. But in what way you think you can compete with this big players?
Moreover how many full time developers are on board? A lot of existing blockchain products graduall implement AI in their exisitng system, how you goona compete with them?
Again I think it is great that you decided to let the community take part in the sale and not big VC companies.
Will you also announce advisors (didn't find any)?
I undesrstand your effort and appreciate that you want a larger community to benefit from AI and not only big companies that keep their AI improvements secret. But in what way you think you can compete with this big players?
Moreover how many full time developers are on board? A lot of existing blockchain products graduall implement AI in their exisitng system, how you goona compete with them?
Again I think it is great that you decided to let the community take part in the sale and not big VC companies.
Hi, your questions have been answered previously in our Telegram group by Chris. Please find quotes below and our updated roadmap.
Quote
Chris | Effect.AI:
"Hey! The road map is on page 14 of the light paper I believe. And as for advisors, we have them but dont feel the need to announce them right now. There is a smoke and mirrors show with crypto projects. We have found that most advisors on projects are paid for their picture and thats where the partnership stops. All of our advisors actually advise us on our project and we look at them as partners. That said, we will announce them eventually. We have fantastic people working on and with this project. Also, we have been approached by the big players, one being the BIG player and we are not open to parnerships with them. The smaller AI entities like start-ups, Universities and mid size AI development firms are our focus."
"Our team has grown to 14 most of which are high level developers. We also have partnerships with tech companies that will be released to the public soon😉 The lead devs on the Effect.AI are more then capable of driving this ship to the full realization of our vision."
"Hey! The road map is on page 14 of the light paper I believe. And as for advisors, we have them but dont feel the need to announce them right now. There is a smoke and mirrors show with crypto projects. We have found that most advisors on projects are paid for their picture and thats where the partnership stops. All of our advisors actually advise us on our project and we look at them as partners. That said, we will announce them eventually. We have fantastic people working on and with this project. Also, we have been approached by the big players, one being the BIG player and we are not open to parnerships with them. The smaller AI entities like start-ups, Universities and mid size AI development firms are our focus."
"Our team has grown to 14 most of which are high level developers. We also have partnerships with tech companies that will be released to the public soon😉 The lead devs on the Effect.AI are more then capable of driving this ship to the full realization of our vision."
February 12, 2018, 08:37:12 PM
I haven't found a detailed road map on the offcial homepage/whitepaper. I understand the 3 phases that you try to achieve one after the other. Will there be a more detailled roadmap soon?
Will you also announce advisors (didn't find any)?
I undesrstand your effort and appreciate that you want a larger community to benefit from AI and not only big companies that keep their AI improvements secret. But in what way you think you can compete with this big players?
Moreover how many full time developers are on board? A lot of existing blockchain products graduall implement AI in their exisitng system, how you goona compete with them?
Again I think it is great that you decided to let the community take part in the sale and not big VC companies.
Great questions. And as I know, the team expansion and advisors will be announced soon, also don't always think about it as competition. AI has to be distributed in many ways, they can coexist with other projectsWill you also announce advisors (didn't find any)?
I undesrstand your effort and appreciate that you want a larger community to benefit from AI and not only big companies that keep their AI improvements secret. But in what way you think you can compete with this big players?
Moreover how many full time developers are on board? A lot of existing blockchain products graduall implement AI in their exisitng system, how you goona compete with them?
Again I think it is great that you decided to let the community take part in the sale and not big VC companies.
February 12, 2018, 09:19:56 AM
Questions from the live AMA, join in now!
https://www.reddit.com/r/NEO/comments/7wzvom/first_official_effectai_ama_is_live/
Q: Awesome news Effect AI team. I have a burning question - just would like to have a better understanding. Could you please prepare a simlified version of explanation about Galaxy Pool and its liquidity function? Thanks in advance
A: The Galaxy Pool will allow any user to easily sell or acquire EFX tokens. This ensures that using the Effect Network will be possible even when liquidity is low (when it's hard to buy or sell EFX on external markets). To ensure that this pool is not abused by traders, buying and selling tokens with it is restricted to people that use services on the network. An other advantage of the Galaxy Pool is that it maintains a stable exchange rate for EFX, so people or algorithms that make EFX on the network have more security on the value of their earnings.
~Jesse
Q: When is whitelist open?
permalink embedsave reportgive goldreply
A: We are working to create a fair whitelist for everyone and we will announce the whitelist a few days in advance. We want everybody to have a chance to participate in our tokensale and keep the big whales out.
~Laurens
Q: Hey Chris,
I'm intrigued about the project but I have a couple of questions:
1) With respect none of your team have experience in running a business which can generally be mitigated by having a strong advisory team. However at this time none have been announced?
2) How close are you to an alpha?
Thanks and hope to hear back...
A: Members of the team have extensive experience and knowledge of running successful businesses. We will release our advisory board members 1 week before the token sale. We are working closely with them now and they have been providing incredible support and knowledge.We are finalizing the prototype release now. Effect M-Turk prototype will be followed by the Alpha release shortly thereafter. We aim to have the Beta on NEO release by the end of Q2 this year.
~Chris
https://www.reddit.com/r/NEO/comments/7wzvom/first_official_effectai_ama_is_live/
Q: Awesome news Effect AI team. I have a burning question - just would like to have a better understanding. Could you please prepare a simlified version of explanation about Galaxy Pool and its liquidity function? Thanks in advance
A: The Galaxy Pool will allow any user to easily sell or acquire EFX tokens. This ensures that using the Effect Network will be possible even when liquidity is low (when it's hard to buy or sell EFX on external markets). To ensure that this pool is not abused by traders, buying and selling tokens with it is restricted to people that use services on the network. An other advantage of the Galaxy Pool is that it maintains a stable exchange rate for EFX, so people or algorithms that make EFX on the network have more security on the value of their earnings.
~Jesse
Q: When is whitelist open?
permalink embedsave reportgive goldreply
A: We are working to create a fair whitelist for everyone and we will announce the whitelist a few days in advance. We want everybody to have a chance to participate in our tokensale and keep the big whales out.
~Laurens
Q: Hey Chris,
I'm intrigued about the project but I have a couple of questions:
1) With respect none of your team have experience in running a business which can generally be mitigated by having a strong advisory team. However at this time none have been announced?
2) How close are you to an alpha?
Thanks and hope to hear back...
A: Members of the team have extensive experience and knowledge of running successful businesses. We will release our advisory board members 1 week before the token sale. We are working closely with them now and they have been providing incredible support and knowledge.We are finalizing the prototype release now. Effect M-Turk prototype will be followed by the Alpha release shortly thereafter. We aim to have the Beta on NEO release by the end of Q2 this year.
~Chris
February 12, 2018, 08:52:50 AM
ASK US ANYTHING!!!! We are about to go LIVE on /r/NEO!!!!!
https://www.reddit.com/r/NEO/comments/7wzvom/first_official_effectai_ama_is_live/
https://www.reddit.com/r/NEO/comments/7wzvom/first_official_effectai_ama_is_live/
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