Another clip! $EFFECT Roadmap will follow the initial alpha currently being tested for the new Solana based microtasking system.

Here's @JesseEisses on the Worker Base Rate, how all workers will earn a basic income just for being online and being available and passing authentication tests. $EFFECT

March 6th, 2025 Effect AI Community Call Summary $EFFECT Current Focus on Technical Updates – The team is building out the core protocols (worker nodes, manager nodes, and requestor nodes) on Solana. – A new off-chain architecture minimizes on-chain congestion, learning from previous issues on EOS. Off-Chain Task Processing & ZK Rollups – Microtask submissions and validations happen mostly off-chain for speed and low cost. – Zero-Knowledge (ZK) proofs will batch worker earnings, then settle them on-chain to keep fees small and throughput high. Payment & “Base Pay” System – Workers earn a “base rate” simply by being online, recognized through periodic challenge tasks (heartbeats). – If a worker skips too many assigned tasks (or fails these heartbeats), they risk losing that base pay. – The intention is to fairly compensate workers for “wait time” and quickly filter out non-responsive workers. Manager Nodes – Manager nodes serve as middlemen, receiving tasks from requestors and distributing them to available workers. – Future plans include robust validation modules (e.g., repeated tasks, automatic checks) so managers deliver high-quality results back to requestors. – Managers eventually compete on fees, worker pools, and reliability, creating a market-based ecosystem. Migration Lessons from EOS – High on-chain load on EOS caused gridlocks in task submissions and payments. – The new design on Solana uses off-chain processing with final on-chain settlement, avoiding transaction bottlenecks. Upcoming Releases & Roadmap – Near-Term (Q1/Q2): – “V0” release of the product focusing on worker–manager interaction, payment proofs, and microtask completions. – Limited user testing (small group of workers) to validate architecture and gather feedback. Later Phases: – Integration of task providers with an SDK or REST endpoints. – Enhanced validation rules, dispute resolution mechanisms, and possible DAO involvement for conflicts. – Additional documentation, tutorials, and user-friendly interfaces (including notifications for workers). Community Q&A Highlights – Task-Skipping & Cherry-Picking: The system will allow some task skipping but track misuse (e.g., “cherry-picking” only easy tasks). – Notifications: Workers will receive browser alerts when new tasks or heartbeat challenges appear. – Longer-Term Vision: The team envisions frictionless experiences for both technical and non-technical users, with thorough documentation and examples. – Confidence in Solana: Low transaction fees and speed make Solana well-suited for microtask payments. Next Steps – The team will finalize technical components for V0, then move on to the SDK for task providers. – Roadmap details, including major upcoming milestones, will be published after the initial release. – Continued community communication via blog posts, Twitter, Discord, and Telegram.

Snapshot is complete and all $EFX is now obsolete. $EFFECT Claim Portal to Launch on Jan 5th.

$EFFECT $EFX DAO Call Summary December 11th, 2024 Author: @djstrikanova (DJ) youtube.com/watch?v=7RIWRKoV… - This is a DAO call discussing tokenomics proposals, the Team call with updates is scheduled for December 27th, 2024. - Migration has been announced. Snapshot will happen Jan 1st, 2025 12 PM UTC. Claiming portal will be available Jan 5th. - The DAO has approved having the Solana token named EFFECT. - An Exchange rate of 8 EFFECT per NFX has won the most DAO votes. This will be paired with a 10% APY Staking contract for those who stake their EFFECT. - The 10% APY Staking contract will have 50 million EFFECT allocated for 3 years of staking rewards. - Jesse and DJ discuss the 30 million EFFECT DAO Developer fund and possible ways of raising revenue to fund software development. - Jesse, Jeffrey and DJ discuss unstaking periods. - The DAO has passed proposals approving both a 7 day lock + 30 day linear unstaking period (P205) and a 80 day linear unstaking period (P185). - P206 proposes that all claimed EFFECT during migration should be automatically staked. This means that if someone would like EFFECT liquid in their wallet, they must then initiate the unstaking process. - DJ discusses the security benefits of having the unstaking period as a grace period to react to any issue that may come about, as well as the simplicity of having everyone staked after they claim. - A potentially longer unstaking period between 30 and 60 days was discussed as possible. - Jesse and DJ discuss the DAO passing P176 which was about allowing non-EFFECT as payment for microtask services in exchange for higher Network Fees. DJ discusses that to increase network usage, it would be beneficial to allow other projects to use their token as a viable payment mechanism. For example, if Hivemapper was able to use HONEY perhaps they would be more inclined to work with Effect AI to pay workers for mapping data. Or if Nosana wanted to improve transcription services with human workers, the service could all be settled in NOS. - Jesse discusses the tokenomic benefits of this, as non-EFFECT tokens can be used to build up liquidity pools or used to buy back and burn EFFECT. This demonstrates the benefit of allowing task transactions to be settled in non-EFFECT tokens. - Jesse continues to discuss how Solana has a very good onramp system for Credit Cards to purchase tokens such as USDC. So this could be much more preferable to corporate clients who would prefer using a stablecoin such as USDC to pay workers over the EFFECT token. - DJ discusses if Kucoin and BitBns should be offered a grace period to return their EFFECT to the users they prevent from withdrawing (or should they be treated like everyone else).

New DAO Call Clip Here is @JesseEisses on Effect AI changing it's token ticker from $EFX to $EFFECT

Recent proposals by Effect DAO substantially change the tokenomics of Effect AI's Network Fee. Read more on how these changes can make Effect AI a more attractive partner to other AI projects in the Solana crypto space. $EFX $EFFECT

Effect $EFX DAO Call Summary October 30th, 2024 Author: @djstrikanova youtube.com/watch?v=ESDOnvUm… - The DAO has reached Cycle #100, a monumental number. - Jesse states that there is no roadmap just yet, as he does not want to give specific dates. - Jeff discusses a new adjustment to the structure of Effect AI, "manager nodes". Manager nodes would reserve task batches instead of workers, and then delegate them to a workforce. The manager node would need to stake EFX and ensure the results are accurate. Manager nodes would get their own rewards for facilitating this process. Jesse discusses these manager nodes further, as a necessary improvement to scale the network, but also allow a better distribution of work. - Jesse discusses the migration, the blueprint is still being worked on. Not everything is set in stone. - It will be a snapshot, this snapshot will be stored in a Solana smart contract. Users would then be able to sign messages with their BSC or EOS wallets to redeem their EFX tokens on Solana. - Discussion over whether NFX should be merged into EFX. Currently Effect has a two token model, but going to one token on Solana will help reduce complexity and confusion. - There are ~9 million NFX, an exchange rate being discussed is 10 EFX to 1 NFX. This would require 90 million EFX. 82 Million EFX if Foundation NFX are ignored. A vesting period is also discussed, as most NFX right now is staked in the DAO. So it remaining in the DAO for a time would be the status quo. The EFX to fund this would have to come from the DAO treasury and Foundation. - Jesse is aiming to preserve DAO stake age for EFX already staked in the DAO. - DJSTRIKANOVA brings up a discussion over whether some EOS wallets should be blacklisted, such as the pNetwork EOS wallet (as all the corresponding EFX is on BSC, this would result in double minting) and the Kucoin wallet. So that these EFX are not migrated. - Miguel had made good progress releasing more clips on

Effect DAO Call Summary August 21st, 2024 Author: @djstrikanova youtube.com/watch?v=r8rzjZKa… - Short DAO Call, Jesse is away abroad. - Miguel is back from vacation, ready to collaborate with DJSTRIKANOVA on clips. - DJSTRIKANOVA's artist taking longer than expected, but will eventually deliver poses of Jesse. - DJSTRIKANOVA requesting 300 USDT to cover for paying for listing Effect AI info on Dexscreener back in April.

Effect DAO Call Summary August 7th, 2024 Author: @djstrikanova youtube.com/watch?v=8kmhumk-… - Short DAO Call, Jesse is away abroad. - Access Codes are being rolled out with communication to those seeking one via email. - Rochelle exploring hiring a Social Media Assistant. - Miguel on Vacation for two weeks, so clips posting is delayed. - Active DAO members encouraged to note any striking information they hear in DAO calls for future use in clips.