Effect Network has delivered its most awaited feature: the release of the platform on mainnet. It’s now fully decentralized, and DAO members can be owners and managers!

July 21st 2022. Amsterdam, NL. By Gabrielle Ponce.

A new decentralized era.

After many months of development, the Effect Network platform is fully deployed on the blockchain. This demonstrates that prior to the release, the platform was maintained centrally by the core team’s administration. An update has now been deployed for the network to finally function in a decentralized manner, allowing anyone to run their dApps on the network and connect with a global workforce without friction.

The power of blockchain.

The development team worked tirelessly to ensure that our technology was ready for use and operation. The ambition has always been for Effect Network to be entirely decentralized, recognizing that blockchain technology has the ability to continuously improve an ecosystem without relying on any central entity.

Full governance for our DAO.

Currently, the Effect DAO can only propose, vote on, and fund proposals that will be implemented by the core team. They will soon be able to govern the Effect Force platform. This makes for an ideal situation, since what could be better than having a say in how a product you use, and even better, have contributed to, is made?

Coming up, Effect Academy.

Once the Effect DAO is actively governing the dApps on the platform, the development will focus on more tools for the network. One of them is a mobile app for workers. An other is the Effect Academy: an educational project to onboard users and assist them in building their own apps using the EffectSDK!

Launching party.

The team has organized a launching event at the most hip metaverse events venue so far, NOWHERE, on Friday July 7th, 4PM CET. There will be a small introduction to the project and a couple of demos on how to use the platform, be sure to be there!

Join us.

It’s an exciting time to be a part of the Effect Network ecosystem. The bear market only helps by allowing new projects to outsource their tasks at a low cost, and the platform will be full of liquidity by the time the bull market returns. The perfect moment has arrived. JOIN OUR DAO RIGHT NOW: https://dao.effect.network/dao