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      "memo": "Dear @suddeath. Hope you don't mind this memo. If you do then please let me know and I will not bother you again in the future. Just wanted to share with you link to amazing publication related to ARTIFICIAL INTELLIGENCE by my friend @neavvy. He \"touched\" very interesting topic: could AI disturb and dominate social media platforms (including Steemit) in the nearest future? I would LOVE to hear your opinion on that particular topic. Check out my comment and share your view. Yours, Piotr // LINK: https://steemit.com/steemstem/@crypto.piotr/re-neavvy-ai-learns-to-play-flappy-bird-the-impact-of-machine-learning-on-steem-blockchain-20190310t074433939z",
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      "author": "suddeath",
      "body": "So few hours ago there was a nice discussion on [telegram channel](https://t.me/effectai) with Chris where a lot of important questions were answered and I made this summary for everyone who missed this late night AMA. (my notepad copy paste cut off all emoticons, sorry for that :p). Thanks for all community members who took time to participate.\n\n[Lex](https://t.me/effectai/244053)\nPromises:\n1.1 Gpool explanation videos was promised right after ICO\n1.2 Gpool was scheduled for Q2 2018 and few more times later\n1.3 EffectForce full launch and constant flow of tasks for atlest beta testers till end of 2018 . 29th nov anounced as release date - resulting nothing\n1.4 Monthly AMAs\n1.5 Core members spare little time to answer questions\n1.6 New tokenomics\n\n[Chris](https://t.me/effectai/244061)\n1.1 The gpool is written 100% clearly in the whitepaper. We realized we wanted to add certain features to it so we put off the video. We then realized that the NEO blockchain sucks and we need to get the heck out of that town. So we stopped production on many of the Blockchain applications we were putting together in our Smart Contract stack and focused on going to conferences and exploring other blockchains. That being said the gpool smart contract is fully built on NEO but no point in deploying as it will never go live on NEO.\n1.2 above answer\n1.3 We needed one big requestor to put it all on the map. Effect Force is feature complete to work for any and all requestors but we missed that date. I fucked it and I'm sorry. Finding requestors has been a bit of a issue for the team. We have only had 1 guy working on it. I am 70% on business dev now and we are making great progress.\n1.4 This is an AMA?? you pick a 2 hour window every month for me to be fully present on Telegram and I will be here PM me the schedule.\n1.5 They are highly intelligent nerds with little people skills and little time. Actually their people skills are way above average for nerds. I will include some of them in the AMA you set up.\n1.6 It's going to blow you mind. But it will be released strategically when the time is right... not too long from now I promise. The date is set in stone but Ron Old wont let me tell??\n\n----\n\n[Lex](https://t.me/effectai/244054)\nMy concerns:\n2.1 No way to implement gpool in near future (You can't say that gpool is the beating hard of TEN and it will be something magnificent and at the same time your backers know nothing about that. For how long ? How blind and naive think they are to follow you for years to come ?)\n2.2 Loosing requesters\n2.3 Not egough staff (you were aiming for hiring a lot people , and now you can't spare 2-3 people for CES)\n2.4 From previous point i conclude you don't have enough money\n2.5 You either delay phase 2 big time or give it to someone else and just get a small piese of it.\n2.6 Loosing fate and Interest from the community\n\n[Chris](https://t.me/effectai/244087)\n2.1 The gpool will be released in sections but what is written in the whitepaper is a stable dex for workers along with a few other elements. It has expanded and yes, it will take time to fully realise but it will be fully realised... that's what matters most. Wont take several years tho.\n2.2 have not lost requestors. The ones we are working with are smaller and on budget. We are hitting the big fish now. Many meeting in the coming weeks.\n2.3 I responded to Howard but I will add this. Out of approximately 10 projects we talked to about their experiences with CES in the past said it was fun but that was it. It was not a lack of people. I could have gone and done my thing but every conference keeps adding to a substantial bill and no results. Always fun but I have a job to do and tens of thousands of people counting on me to make the right move. Wasn't my choice but was 99.7% surely the right thing to do.\n2.4 We have enough money by far. Money is not and will not be an issue. Never say never but from my entrepreneurial background (20 years) I sure we are more then fine.\n2.5 Going to have to challenge as you are making a statement. We will release info on phase 2 shortly. I will say that it is never going to be in the hands of anyone other then The Effect Network community and that we are more then confident in building it. We have some show and tell to do but not until my team says go.\n2.6 The people losing faith are losing money. If we doubled and produced nothing what would these people say. I have also lost my mind in these markets I get it but I feel we have totally kicked ass with what we set out to do. If you find other projects with more potential or have something better to offer I encourage those disappointed to move on. I have served the community to the best of my ability and always will to my death bed. I respect, love and appreciate every single person that is here and has contributed. I will always try to kick ass. I hate to fail, I hate to disappoint.\n\n----\n\n[Lex](https://t.me/effectai/244055)\nMy questions:\n3.1 If you are planning blockchain and token swap , don't you think it will be fair for community if some time frame is set , so they can have clearer vision to whats to come ?\n3.2 What happened with previous requesters like LobsterMedia, Altoros , Daneel and etc. ? Are they still onboard ?\n3.3 Phase 2 ?!? It is supposed to be this quater , but still not a single word about that. Why don't you inform the community about the progress ?\n3.4 What exactly is UN pilot ? What this could bring to the project ?\n3.5 What is so important in Georgia's hub? Is this going to bring new tasks and will it somehow help the early backers ?\n3.6 Are you planning to add a community manager that can answer questions ? Jehudah is cool , but he also don't have enough information to be able to answer questions.\n3.7 How many requesters are onboard for sure and how many in talks with/testing ?\n3.8 Missed CES because of big requester or because you need to catch up with work ?\n\n[Chris](https://t.me/effectai/244099)\n3.1 Yes, totally. We are working on that full announcement.\n3.2 All still on board. Task will be coming but these parties have taken the work our workforce has done and they are turning it into something I suppose.\n3.3 The Smart Market is a shit ton easier to build then Effect Force!!!! That's a fact. You guys just don't know! We will chat about it obviously some time this quarter. Again, Ron Old says no dates??\n3.4 The UN is my baby and will be a defining part of The Effect Network. I will meet with them with the completion of the pilot in a few weeks. Then you will understand the power of this pilot... or we never speak of it again????\n3.5 Big companies that want data enriched and annotated often want a curated workforce they can manage from one or a very few locations.  The HUBs are big. Trust me on this one.\n3.6 Yes. After all these questions, you have been appointed the King Admin\n3.7 Some and many. It's incredibly important to get the big ones on board now. Our platform was not ready for the big dogs in the past but they are the only ones I am concentrating on currently.\n3.8 i answered the reasons somewhere above.\n\nThanks for the questions and the effort you put in to them. I think this is very valuable for everyone. Cheers\n\n----\n\n[Howard K](https://t.me/effectai/244049)\nHi Chris\nCan you please tell us the reason why you cancelled the CES trip\nWhat exactly is happening that you couldn't spare one week away from HQ?\n\n[Chris](https://t.me/effectai/244057)\nTruth is when the community came down on us for the 29th gig we chose to put our nose to the grind stone and work on the pressing issues of building our Decentralized Network for Artificial Intelligence. There are a lot of moving piece and we re-prioritized what needed to be focused on. I was the only one of our democratic team to chose to go. Think the vote not to go was the absolute best and I believe in my team mates. What we accomplished last week out weighs a trip to CES, I am sure... Cant be 100% positive but pretty damn confident. But short answer is we have always listened to the community. They want a lot and we do too. So we focused on what we felt mattered most to the project, to us and to the community.\n\n----\n\n[Meatosx](https://t.me/effectai/244058)\nIs there a plan in place or being thought of for easy exit to FIAT or BTC/ETH/NEO for the workers of TEN? And is this gateway tied to the Galaxy Pool?\n[Meatosx](https://t.me/effectai/244059)\nBecaus in the end EFX is a utility token to drive and fuel TEN. People will still want to exit to some otyhger sort of compensation for real world use.\n[Meatosx](https://t.me/effectai/244060)\nHow is that process going for workers to turn their MTurk hours into a legitimate, easily accessed, fair wage source of income?\n\n[Chris](https://t.me/effectai/244103)\nYes. You'll have to wait for the details and for this issue they are not complete. I will say, working in countries that have HUBS, we are working on direct payments to the workers through their bank. Other things in the works. Fairly tricky but exciting to work on.\n[Chris](https://t.me/effectai/244106)\nAlso to add. There will be great incentives for workers to stake their EFX. And there will be a small mandatory stake for workers as well. More on this soon.\n\n----\n\n[Meatosx](https://t.me/effectai/244063)\nANd what are the plans for the future for onboarding big requestors? Are the Ambassadors going to be a driving force behind that or is that for ther core team and Ambassadors wil facilitate. As I see it right  now the only trhing we are missing is Requestors. The platform is built, we might move to another chain... got it. But we need those requestors to provide work to the World!!!!\\\n\n[Chris](https://t.me/effectai/244117)\nThe Ambassador program is the building blocks of The Effect Network. A fully decentralize Network. The Ambassador are the very first members of the DAC (Decentralized Autonomous Community) One of the main objectives for several of the chosen Ambassadors is lead generation for requestors. The Effect.AI team went from 15 to 65 in a couple of weeks. The power of this project will be and has always been the community.\n\n----\n\n[Meatosx](https://t.me/effectai/244067)\nJeff Bezos too busy shooting dicpics to exwives... This is the year we take it from him.\n\n[Chris](https://t.me/effectai/244119)\nI'm going to marry his wife by the end of the year. That's why money will never be an issue for Effect??.\n\n----\n\n[robert fox](https://t.me/effectai/244069)\nI would really like to know more about your plans for stage 3, effect power.\n\n[Chris](https://t.me/effectai/244124)\nLaurens has done a bunch of theoretical work on this. I dont know if it is close to publish but he is surely excited about it.\n\n----\n\n[Ruud 043](https://t.me/effectai/244096)\nWhen Will we here something from Charlie Shrem? WhAt is his current role?\n\n[Chris](https://t.me/effectai/244138)\nYes. We have been on calls with him a few times in the last 3 weeks. Along with Sally Eaves. We are getting all the troops in now??\n\n----\n\n[Frankie Figz](https://t.me/effectai/244107)\nWhat is the smart market ??\n\n[Chris](https://t.me/effectai/244141)\nAn app store or market place for Algorithms and AI related services. If you want to understand it better check out algorithmia.com\n\n----\n\nSource is [official telegram channel](https://t.me/effectai).",
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      "body": "![](https://cdn-images-1.medium.com/max/2000/1*bpNbol1ZUHjBMpF1DK0vsw.png)\n\nHow often do you witness a situation on the crypto market when everything is falling, but you do not have enough tools to take advantage of this opportunity?\n\nThe year 2018 entirely turns out to be an opportunity of this kind, which is, unfortunately, unavailable for most of the crypto investors.\n\n![](https://cdn-images-1.medium.com/max/2000/1*4NWYZvKFAliYjcy8nuO51Q.png)\nPast performance is not an indication of future results.\n\nToday, the vast majority of crypto exchanges only have two buttons — Buy and Sell, without an option to bet against the market. Even if available, short selling ties you up to the exchange, it is not tradable, not transferable and is subject to a possible margin call.\n\nAs a result, throughout 2018, hundreds of thousands of crypto investors have been forced to helplessly watch their crypto portfolios desperately melting down.\n\nWe’re all talking about this new technology and how it disrupts the traditional investment world, but it is the crypto investors themselves who are “blockchained” and forced to accept the rules of the game. This situation should not be allowed to continue.\n\nTurning back to the chart above, imagine, just like in the fairy tale, Alice in Wonderland, we slipped through the looking glass and studied the same chart…but vertically flipped. Much better right?\n\n![](https://cdn-images-1.medium.com/max/2000/1*4nQY8f4VkVc_hSHtPMJtpw.png)\n\nWhat if we say that something similar is actually possible in reality and not only in fairy tales?\n\nLadies and gentlemen, we are proud to present, coming from the Blackmoon’s research labs — The Inverse ETH Strategy!\n\n![](https://cdn-images-1.medium.com/max/1600/1*-GkOUe-kq5OtyNc9P-NKyA.png)\n\n# The Inverse ETH Strategy (BMxiETH)\n\n**The Strategy seeks to generate returns opposite to the performance of ETH. It provides investors with positive returns when ETH goes down and negative returns when ETH goes up.**\n\nThe catastrophic lack of investment tools in the crypto world makes this product a unique and a one-of-a-kind opportunity to capitalize on market downturns and to diversify your arsenal of investment strategies.\n\nWithout further ado, let us look at the backtested results:\n\n![](https://cdn-images-1.medium.com/max/2000/1*m9aQsk3J_n0tTo0yJhi-xw.png)\nThe backtested results are given solely for explanatory purposes and do not indicate or guarantee future results.\n\nThe results are truly mesmerizing! To now give you even more insight, let’s take a closer look at the backtested daily performance of ETH vs the Inverse ETH Strategy:\n\n![](https://cdn-images-1.medium.com/max/2000/1*pCd-04RejbqAr1rYdDu4aw.png)\nThe backtested results are given solely for explanatory purposes and do not indicate or guarantee future results.\n\n**The Strategy seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of ETH.**\n\nUnlike the short position, you can transfer BMxiETH, you can trade it or even hold it in your cold wallet.\n\nWe are excited to release such a game-changing product now when the crypto community in such a need for a stable environment with a wide range of investment strategies.\n\nFor more information on this revolutionary product, please, visit: https://blackmoonplatform.com/showcase/ieth\n\nStay tuned for further updates as new options will be appearing in all of our product lines!\n\n\nHandy links to stay tuned to our updates:\n* website: [blackmoonplatform.com](https://blackmooncrypto.com/)\n* telegram channel: https://t.me/blackmooncryptochannel\n* info video: [https://youtu.be/6Ii0XckQOAE](https://youtu.be/6Ii0XckQOAE)\n\n\n*DISCLAIMER*\n*Investment in cryptocurrencies carries high degree of risk and volatility and is not suitable for every investor; therefore, you should not risk the capital you cannot afford to lose. Please consult an independent professional financial or legal advisor to ensure the product meets your objectives before you decide to invest. Regional restrictions and suitability checks apply.*",
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      "body": "![](https://cdn-images-1.medium.com/max/2000/1*BtDUch60xjGIn4YjG-8siw.jpeg)\n\nFollowing the recent “bloodshed” that the crypto market is facing at the moment, Blackmoon announced today that its innovative investment strategies are not only surviving but thriving. The strategies have experienced double-digit returns in ETH in the last 24 hours alone proving that there can be a safe haven for crypto investors in chaotic times.\n\nThe main driving force for such an incredible result is the Trend Protection Mechanism, which seeks to reduce the downside risk by switching portfolio holdings between crypto and cash depending on the market conditions. In the last 24 hours, the strategy anticipated the market downturn and the algorithm converted crypto to cash and prevented the portfolios from plummeting:\n\n![](https://cdn-images-1.medium.com/max/1000/1*FudGXTjq7u391-X8VaRYDg.png)\n\n**Sergey Vasin, COO of Blackmoon** — “Portfolios with built-in trend protection performed exceptionally well. The best thing about Blackmoon’s innovative investments is the fact that everything is fully automated and requires no action either from the investor, or from Blackmoon. We are not content with these achievements and we will continue to establish new standards in the field by constantly developing investment opportunities for the users of our platform.”\n\nStay tuned for further updates as new options will be appearing in all of our product lines!\n\nHandy links to stay tuned to our updates:\n* website: [blackmoonplatform.com](https://blackmooncrypto.com/)\n* telegram chat: https://t.me/blackmooncryptochannel\n* info video: [https://youtu.be/6Ii0XckQOAE](https://youtu.be/6Ii0XckQOAE)\n\n\n*DISCLAIMER*\n\n*Investment in cryptocurrencies carries high degree of risk and volatility and is not suitable for every investor; therefore, you should not risk the capital you cannot afford to lose. Please consult an independent professional financial or legal advisor to ensure the product meets your objectives before you decide to invest. Regional restrictions and suitability checks apply.*",
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