Effect.AI ICO

in #crypto7 years ago

Hello everyone,

Next ICO I would like to post about is Effect.AI ICO. This ICO is going to be on NEO.

The team has an ambitious goal: The Effect Network will define the future relationship between humanity and AI.

The solution they are offering is readily available in their lightpaper.
"To solve many of the problems with the current AI market, Effect.AI proposes a private, decentralized ecosystem for AI development and AI related services called The Effect Network. The Effect Network is designed to provide a feature complete alternative to services like Amazon Mechanical Turk, Fiverr, OneSpace, and Guru.com. It will operate fully on smart contracts deployed on the NEO blockchain. The Effect Network, like other decentralized applications, directly connects supply and demand without the need for an intermediary party."

Now, I would like to proceed with the main purpose of this blog.

  1. Domain registration - date; name
    Registrant Name: Laurens Verspeek (this person is on the team as Chief Architect)
    Registrant Organization: Effect.AI
    Registrant Street: Prinsengracht 463
    Registrant City: Amsterdam
    Creation Date: 2017-12-16T01:29:16.322Z
    Registry Expiry Date: 2019-12-14T01:29:16.373Z

Billing Name: Schwertner, Alexander
Billing Organization: EPAG Domainservices GmbH

  1. Corporate information - date of incorporation, city of incorporation etc.

Effect.AI B.V. 70111634 Netherlands Kamer van Koophandel (Dutch Companies House)

New registration: City: Amsterdam. Date of the deed of incorporation: 20-11-2017.
(Source: https://drimble.nl/bedrijf/amsterdam/38412594/effectai-bv.html)

  1. CEO, CTO, chief blockchain developer - the number of followers on LinkedIn - twitter - date of joining to social media

CEO - Chris Dawe - https://www.linkedin.com/in/chris-r-dawe-b79217151/ - 500+ connections on linkedin.

CTO (Lead Blockchain) - Jesse Eisses - https://www.linkedin.com/in/jesse-eisses-9760ab48/ - 289 connections on LinkedIn.
Twitter: @JesseEisses - inactive.

Chief Architect - Laurens Verspeek - https://www.linkedin.com/in/laurensverspeek/ - 147 connections on linkedin.

So, it seems like these 3 guys do not have active Twitter accounts with their names. It is possible that they are using acronyms but for the communication sake, I think they should have Twitter handles with their real names.

  1. Price offering at the time of steem, total market cap at the time of ICO.
    0.0228 Euro - max hard cap (14.820.000 Euro) / max tokens available (650m EFX).

  2. Please see attachment.
    Resource Distribution.png

  3. Inflation rate per year/tokens to be burnt over years

20% of the tokens are saved for a future ICO in September 2019. If the milestones are not met until this time, these tokens will be burnt.

  1. Telegram - As of 2 March 2018: 24.828
    Twitter - same date: 8.027

  2. Word cloud of white paper
    Word Cloud.png

I hope this steem will help you whether you decide to invest or not. As usual, this post is not paid or is not participating in the bounty of this ICO.

Happy investing,
Q.