Effect Network

Effect Network


Key Metrics

Real Volume (24H)$216,292
Fully Diluted ValuationN/A
ATH Date3/18/2021, 3:08:16 AM
ATL Date3/16/2020, 11:29:36 AM
Circulating Supply207M
Total Supply650M
Popularity Rank1734
What is Effect Network?

Effect Network (EFX) is a decentralized digital currency that functions on the Binance Smart Chain (BSC) and EOS platforms. The EffectDAO is responsible for managing this innovative cryptocurrency, which is gaining increasing popularity in the digital market. Its primary offering, Effect Force, is the world's first blockchain-based framework for the Future-of-Work.

Effect Force is a global platform that enables an on-demand workforce to carry out microtasks on the blockchain and earn EFX as compensation. The platform is designed to provide a decentralized, efficient, and cost-effective solution for businesses looking to outsource their work to a global workforce.

The decentralized nature of Effect Force ensures that there is no central authority controlling the workforce, thereby enhancing transparency and trust. Moreover, Effect Force offers a range of microtasks such as data labeling, content moderation, and sentiment analysis, making it a versatile platform for businesses looking to outsource work.

Effect Network has established itself as a reputable blockchain-based platform, offering an innovative solution to the Future-of-Work. By leveraging the BSC and EOS platforms, Effect Network has been able to provide a reliable and efficient framework for businesses to outsource their work to a global workforce. This has opened up a new paradigm in the job market, creating opportunities for remote workers worldwide.

One of the most significant advantages of Effect Force is its ability to provide access to a global workforce that is available on-demand. The platform enables businesses to tap into a diverse pool of talented workers from around the world, without geographical limitations. This allows businesses to scale up their operations and access a broader range of skills and expertise. The platform's use of blockchain technology ensures that all microtasks are securely stored and recorded on the blockchain, enhancing transparency and accountability.


The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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