Effect.AI collaborates with BitMart: EFX will be the first NEP-5 Token listed.
Effect.AI is excited to announce that our utility token EFX will be listed on BitMart, a premier digital asset exchange.
BitMart: an innovative highly advanced exchange
BitMart is one of the fastest growing globally integrated trading platforms in the market today. With offices all around the world and a current daily volume of over 7 million dollars just a couple of months after going live. The highly experienced BitMart team is focused on creating an advanced and unique, but easy to use trading platform. BitMart allows for Spot Trading, and will have Over-The-Counter Trading, Future Contract Trading, Decentralized Trading, and Whole-Network Trading in the future. BitMart has All-Platform Support, and fulfills the needs of rigorous and advanced traders.
What makes BitMart more extraordinary is the technology of their platform. BitMart’s trading system adapts high performance core matching engine technology, has a reliable underlying structure, and robust security mechanisms. Furthermore, it has no trading fees and the lowest withdrawal fees out there. This means that trading on BitMart is not only convenient, but it is fast, extremely secure, and provides a smooth experience. This has resulted in an exponential growth with over 400,000 registered users from over 160 different countries.
The integration of EFX tokens on the BitMart Exchange
Recently BitMart has integrated NEO and NEP-5 token compatibility into their platform, and EFX will be the first NEP-5 token listed on their exchange. The following trading pairs will be available on the BitMart exchange: EFX/BTC and EFX/ETH. Effect.AI is ecstatic to collaborate with BitMart as we believe that BitMart will quickly grow into one of the top exchanges, due to its variety of features, stability, security, convenience, and adaptability.
Effect.AI’s EFX token will be listed on BitMart on Monday the 18th of June. EFX tokens can be deposited immediately after listing, while trading will commence on Thursday the 21st of June. Finally, withdrawal features will be available on Tuesday the 26th of June.
Effect.AI is developing a Decentralized Network for Artificial Intelligence and AI related services on the NEO blockchain. Effect.AI’s main objective is to build a platform that will stimulate AI development and the creation of various AI services. The platform will be more democratic, accessible and easy to use than what is currently available.
The Effect Network will be launched in three overlapping phases:
Phase 1: Effect Force
In the first phase, Workers will be able to perform a large variety of Human Intelligence Tasks. This gives AI developers and other Requesters access to an easy way of creating data-sets and outsourcing large amounts of work to a reliable and accurate workforce. Fair payment, attractive rates and improved accuracy give Effect Force its edge over the competition.
Phase 2: Effect Smart Market
The second phase is the creation of the Effect Smart Market, a decentralized marketplace that will further empower developers by allowing them to collaborate with others and to trade their algorithms and DApps on a fully Decentralized Network.
Phase 3: Effect Power
The third phase ties it all together by using the blockchain to distribute the processing power needed to run the newly created algorithms over a global network providing an alternative that is more reliable and scalable than traditional server farms.
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