Effect Network
Open, decentralized network for human intelligence tasks — fair pay for AI training work.
- No KYC or registration
- Non-custodial — your keys, your crypto
- 1000+ supported exchange pairs
- Best available exchange rate
Effect Network Price Chart
About Effect Network
Effect Network is a decentralized marketplace for AI and machine learning work, providing an alternative to centralized platforms like Amazon Mechanical Turk. Workers complete micro-tasks (AI training data labeling, image annotation, text classification) and are paid in EFX tokens directly without platform intermediaries taking large fees. The network runs on EOS (fast, low-fee blockchain) with BNB Chain bridging. EFX is the utility and governance token. Effect Network emphasizes fair worker compensation — removing centralized intermediary fees means more of the payment reaches actual workers.
History
How to Swap EFX
To exchange Effect Network (EFX) on SyntheticSwap, no registration or personal information is required. EFX operates on BNB Chain as a BEP-20 token, supported by Trust Wallet, MetaMask with the BNB network, and Ledger. Navigate to SyntheticSwap, choose EFX, select your desired output asset, enter a receiving address, and review the live rate. Your swap processes as soon as your EFX deposit is confirmed on BNB Chain — funds arrive directly in your wallet.
How to Store EFX
Store EFX in MetaMask (BNB Chain) or any EOS-compatible wallet. Use the Effect DAO at dao.effect.network to participate in governance.
