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Effect AI

Effect AI — a reference card for a crypto project: what the product does and how verifiable the project’s key claims are; also — alignment with the Decentralized AI thesis (DecAI Fit).

Effect AI — a project in the AI/Other category on the Solana network, token (symbol: EFFECT).

Disclaimer

Important: this page is a reference overview of the project. Within DecAIHub, we separately record a verification based on open sources within the AI thesis (what is real AI/onchain/why a token, and which sources this is based on).
This is not financial advice and not a recommendation to buy/sell/hold any asset. We do not assess price, returns, or entry/exit timing.
Conclusions are based on publicly available materials found as of the verification date. The absence of confirmation does not imply the absence of the technology.

TL;DR (for readers who are not into AI)

  • What it is: a decentralized protocol for executing AI‑related tasks via a network of participants (people/models/compute) with onchain settlement.
  • Who it’s for: teams/developers who need a mechanism for ordering and executing tasks (including AI pipelines), and participants who perform tasks and receive rewards.
  • Why onchain/token: onchain is used for payments/staking and settlement; the token is used to pay for tasks and for incentives.
  • What you can actually touch (Tier‑1): Worker (tasks) — worker.effect.ai; Staking — staking.effect.ai.

How it works (very briefly)

  1. The provider (requester) creates a task: formulates the task and deposits the payment.
  2. The network distributes the execution: the protocol’s roles/nodes coordinate the assignment of executors.
  3. The executor (Worker) performs the work: a person/agent/model returns the result.
  4. Where the blockchain is: payments/staking/part of the settlement are moved to the settlement layer.
  5. Token role: payment for tasks, staking and incentives (per the project’s documentation).

Quick links: AI thesis fit

Project passport

Field Value
Project name Effect AI
Also known as (aliases) Effect AI (Effect Network); Effect Network; EFX (deprecated); EFFECT
Logo (logo) ../assets/481_effect-ai-sol_logo.svg
Token symbol (ticker) EFFECT
Category AI/Other | Infra
Primary chain (chain) Solana
Type non-EVM
Network status mainnet
Consensus (consensus) PoS (Solana)
Launch date (launch_date) 2025-01-01
Project status (status) active
Token (standard) SPL
Token contract EFFECT1A1R3Dz8Hg4q5SXKjkiPc6KDRUWQ7Czjvy4H7E
Token model (token_type) utility (payments + staking + governance)
Max supply 520 000 000 EFFECT
Issuance fixed (mint authority = null)
Tokenomics (tokenomics, brief) Payment for tasks + staking/incentives; the basic scheme is described in the project’s whitepaper.
Governance —
Admins/keys —
Audit —
Bug bounty —
Team (team) —
Funding (investors/funding) —
AI component (ai_component) P2P AI task execution (people+models+compute)
Use‑case (use_case) execution + orchestration of AI-related tasks
DecAI Fit — AI thesis fit 6/6 — high alignment with the Decentralized AI thesis
DecAI Fit component summary ai_score 3 / onchain_score 2 / token_score 3 / evidence_score 3
Last verified 2026-02-11

General project overview

Effect AI describes itself as a decentralized protocol that brings together people, models and compute into a network of “capability‑driven” task execution. Per the whitepaper, the protocol is split into execution/application/settlement layers and relies on a set of roles (for example, Workers/Managers/Providers/Builders/Evaluators).

Within DecAIHub, the key question is how verifiable the claims are per Tier‑1. In this case there is a Tier‑1 whitepaper and public links to applications (for example, Worker and Staking), which makes it possible to confirm part of the functionality and the product “surface”.

Features/modules

  • Execution layer: p2p execution of tasks between participants (per the whitepaper).
  • Application layer: description of workflows as a DAG (per the whitepaper).
  • Settlement layer: onchain payments/staking/settlement (per the whitepaper).

Typical scenarios

  • Scenario 1: a requester publishes a task and pays for it → gets the result.
  • Scenario 2: an executor (Worker) performs tasks → receives a reward.
  • Scenario 3: a participant stakes the token → participates in the protocol’s incentives (per the whitepaper/the Staking application).

Getting started (wallet/network)

  • What you need: a Solana wallet and access to the project’s applications/website.
  • Network/chain: Solana.
  • Fees: Solana network fees + the application’s fees/rules (if applicable).

Architecture/tech (non‑AI)

  • Components: a p2p execution layer + an application layer (workflow/DAG) + a settlement layer with smart contracts.
  • Participant roles: Workers, Managers, Providers, Builders, Evaluators (per the whitepaper).
  • Where logic runs: task execution — offchain/p2p; payments/staking/part of the settlement — onchain.
  • Dependencies: — (the implementation and dependency details require a separate review of the code/docs).

Token/economics (expanded, no forecasts)

  • Token utility: payment for tasks, staking and network incentives (per the whitepaper).
  • Protocol necessity drivers: the token is used as the base unit for settlements and participation in the network’s mechanisms (per the whitepaper).
  • Who pays fees: task requesters (Providers) and/or application users (per the application’s model).
  • Where fees go/distribution: the whitepaper describes a scheme for distributing the flows (for example, Workers/Managers/Builders/protocol/pools).
  • Issuance/burn: fixed supply of 520 000 000 EFFECT (per the docs); the onchain mint authority = null, i.e. no additional issuance is possible (see Evidence).
  • EFX/NFX → EFFECT migration: EFFECT was created on 2025-01-01 as a consolidation of the deprecated EFX and NFX tokens; balance snapshot — 2025-01-01 12:00 UTC; conversion EFX → EFFECT 1:1, NFX → EFFECT 1:8; decimals 6 (per the docs, see Evidence).
  • Legacy EFX token (deprecated): contracts BSC 0xc51ef828319b131b595b7ec4b28210ecf4d05ad0 and EOS effecttokens; legacy listings — CoinMarketCap effect-ai (“Effect AI (old)”, EFX on EOS) and CoinGecko effect-network (“Effect AI” marked OLD, EFX on EOS and BSC). The current EFFECT listings are CoinMarketCap effect-ai-sol and CoinGecko effect-ai; the token’s onchain metadata names the same ones (see Evidence).
  • Security/incentive mechanisms: staking (present); the details of slashing/conditions require separate verification.
  • Distribution/vesting: —.
  • Treasury: —.

Governance

  • Who makes decisions: — (the whitepaper mentions governance functions of the token, but the governance model is not established per Tier‑1 sources).
  • How protocol parameters change: —.
  • Keys/multisig: —.

Security and incidents

  • Audits: not found per Tier‑1 sources.
  • Bug bounty: not found per Tier‑1 sources.
  • Incidents: —.
  • Threat model: p2p execution + onchain settlement imply risks of errors/abuse in the roles and in the smart contracts; an audit/disclosure and transparent procedures are needed.

Project status and timeline

  • Current status: mainnet (based on the presence of live applications and the token).
  • Key releases/milestones: 2025-01-01 — snapshot of EFX/NFX balances (12:00 UTC) and creation of the EFFECT token on Solana; 2025-01-05 — the Claim Portal for the EFX/NFX → EFFECT migration opened; 2025-01-10 — EFFECT became publicly tradable on Solana (see Evidence); other updates — in the project’s news (links_*).
  • Roadmap: see the project’s roadmap/posts (links_*).

Ecosystem/integrations

  • Integrations: the Worker/Staking/Migration applications (links_*).
  • Partners: —.
  • Where it’s actually used: at the level of the product “surface”, the project’s applications are available (links_*).

AI component of the project

  • What is real AI here? the protocol is focused on executing AI‑related tasks via a network of roles (Workers/Managers, etc.) and support for composable workflows (DAG).
  • What is truly onchain? the settlement layer is described as an onchain framework for payments/staking/disputes; there is also an onchain token on the Solana network.
  • Why is a token needed? in the whitepaper, the token is described as the utility mechanism for paying for tasks, staking and incentives.
  • Red flags (based on the information found): the absence of public audits/bug bounty per Tier‑1 sources; part of the claims require verification against the code and the settlement‑layer contracts.

DecAI Fit component summary

  • DecAI Fit: 6/6 — high alignment with the Decentralized AI thesis
Component Level Score
AI reality high 3
Onchain necessity medium 2
Token necessity high 3
Evidence Tier‑1 present 3
Details

AI reality

AI_0 — AI intent (Tier‑1 roadmap) (1/0)

  • AI_0 (decision): 0
  • Claim (one line): Tier‑1 sources describe a working AI‑oriented protocol, not only an “intent”.
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf
  • Why sufficient / why not (one line): AI is described as part of the protocol and its tasks/roles; we do not apply the separate “intent only” flag.
  • Conflict note (if any): —

AI_1 — what the AI does (1/0)

  • AI_1 (decision): 1
  • Claim (one line): The protocol is designed for p2p execution of AI tasks and orchestration of AI workflows.
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf ; https://docs.effect.ai/
  • Why sufficient / why not (one line): The whitepaper explicitly describes the AI tasks/layers and the participant roles that perform and verify the work.
  • Conflict note (if any): —

AI_2 — demos/examples (1/0)

  • AI_2 (decision): 1
  • Claim (one line): There is a live Worker application where tasks can be performed and rewards received.
  • Evidence: Tier‑1 — https://worker.effect.ai ; https://effect.ai
  • Why sufficient / why not (one line): This is the product “surface” available to the user, and it confirms the existence of the application/task flow.
  • Conflict note (if any): —

AI_3 — metrics/quality (1/0)

  • AI_3 (decision): 0
  • Metrics: —
  • Context (version/date/how measured): —
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf
  • Why sufficient / why not (one line): No unified reproducible set of quality metrics for models/agents/compute in the protocol was found per Tier‑1 sources.
  • Conflict note (if any): —

AI_4 — tech description/architecture/versions (1/0)

  • AI_4 (decision): 1
  • Claim (one line): The whitepaper describes the protocol architecture (layers, roles, task lifecycle, economics).
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf
  • Why sufficient / why not (one line): There is a technical description at the level of the protocol and its components.
  • Conflict note (if any): —

Onchain necessity

OC_1 — contracts/addresses/chain (1/0)

  • OC_1 (decision): 1
  • Chain: Solana
  • Addresses/identifiers: token mint EFFECT1A1R3Dz8Hg4q5SXKjkiPc6KDRUWQ7Czjvy4H7E
  • Evidence: Tier‑1 — https://solscan.io/token/EFFECT1A1R3Dz8Hg4q5SXKjkiPc6KDRUWQ7Czjvy4H7E
  • Why sufficient / why not (one line): There is an onchain identifier of the token and a public explorer.
  • Conflict note (if any): —

OC_2 — onchain beyond just a token (1/0)

  • OC_2 (decision): 1
  • What useful logic is onchain: escrow payments, staking and dispute resolution in the settlement layer (per the whitepaper).
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf ; https://docs.effect.ai/
  • Why sufficient / why not (one line): The Tier‑1 document directly describes the settlement layer as an onchain framework for payments/staking/disputes; the docs state that Provider Nodes create escrows onchain.
  • Conflict note (if any): —

OC_3 — onchain is critical (1/0)

  • OC_3 (decision): 0
  • “Replace the blockchain” test: no formal argument “without the blockchain the product breaks down” was found per Tier‑1 sources.
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf
  • Why sufficient / why not (one line): There is a description of onchain settlement, but the strict OC_3 test (criticality) requires separate verification/argumentation.
  • Conflict note (if any): —

Token necessity

TK_0 — no token (1/0)

  • TK_0 (decision): 0
  • Claim (one line): The project has a token, EFFECT, on the Solana network.
  • Evidence: Tier‑1 — https://solscan.io/token/EFFECT1A1R3Dz8Hg4q5SXKjkiPc6KDRUWQ7Czjvy4H7E ; https://effect.ai/whitepaper.pdf
  • Why sufficient / why not (one line): The existence of the token is confirmed by the onchain explorer and the whitepaper.
  • Conflict note (if any): —

TK_1..TK_4 (1/0)

TK_1 — payment for the service (1/0)

  • TK_1 (decision): 1
  • Claim (one line): EFFECT is used to pay for task execution in the network.
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf
  • Why sufficient / why not (one line): In the whitepaper, the token is described as the means of task payments/escrow: “Providers use EFFECT tokens to pay for task execution”.
  • Conflict note (if any): —

TK_2 — incentives/collateral/penalties (1/0)

  • TK_2 (decision): 1
  • Claim (one line): Staking of EFFECT is used as a mechanism of participation/security and incentives.
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf ; https://staking.effect.ai
  • Why sufficient / why not (one line): The whitepaper describes staking; the existence of the staking application confirms the practical implementation.
  • Conflict note (if any): —

TK_3 — governance (1/0)

  • TK_3 (decision): 1
  • Claim (one line): EFFECT is described as the utility/governance backbone of the network.
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf
  • Why sufficient / why not (one line): The whitepaper explicitly states the governance functions of the token: “utility and governance backbone of the network”; section 3.4 describes governance of the protocol via a DAO.
  • Conflict note (if any): —

TK_4 — token is replaceable (1/0)

  • TK_4 (decision): 0
  • Claim (one line): Tasks can also be paid in other DAO‑approved tokens (for example, USDC), but only after the Builder stakes EFFECT (whitepaper Draft v0.1, §3.1.4).
  • Evidence: Tier‑1 — https://effect.ai/whitepaper.pdf
  • Why sufficient / why not (one line): The payment role is partly replaceable, but EFFECT remains mandatory: staking acts as a “routing license” for the multi‑token mode, plus role staking and governance — the token as a whole cannot be replaced without loss of meaning, so 0 (checked 2026-09-25).
  • Conflict note (if any): —

Evidence (table)

Tier Source What it proves
Tier‑1 https://effect.ai/whitepaper.pdf Protocol architecture (execution/application/settlement layers), roles, task lifecycle, basic token model.
Tier‑1 https://worker.effect.ai The Worker application is available (a product surface that can be used).
Tier‑1 https://staking.effect.ai The Staking application is available (staking of the token).
Tier‑1 https://solscan.io/token/EFFECT1A1R3Dz8Hg4q5SXKjkiPc6KDRUWQ7Czjvy4H7E Onchain identifier of the EFFECT token on the Solana network.
Tier‑1 https://docs.effect.ai/ Purpose of the protocol: supplying, assigning and executing human‑driven AI tasks; a human middleware for AI agents and LLM pipelines; Provider/Manager/Worker nodes (checked 2026-09-25).
Tier‑1 https://docs.effect.ai/ Provider Nodes create escrows onchain (onchain logic beyond the token) (checked 2026-09-25).
Tier‑1 https://docs.effect.ai/token Mint EFFECT1A1R3Dz8Hg4q5SXKjkiPc6KDRUWQ7Czjvy4H7E (SPL), total supply 520 000 000 EFFECT, decimals 6 (checked 2026-09-25).
Tier‑1 https://docs.effect.ai/token EFFECT was created on 2025-01-01 as a consolidation of the deprecated EFX and NFX tokens; snapshot — 2025-01-01 12:00 UTC; conversion EFX → EFFECT 1:1, NFX → EFFECT 1:8 (checked 2026-09-25).
Tier‑1 https://effect.ai/news/new-effect-token Official post “The New $EFFECT Token” (2025-01-05): the Claim Portal opened that day; EFFECT publicly tradable on Solana from 2025-01-10; EFX on EOS and BSC is no longer supported after the snapshot (checked 2026-09-25).
Tier‑1 https://solscan.io/token/EFFECT1A1R3Dz8Hg4q5SXKjkiPc6KDRUWQ7Czjvy4H7E Onchain: mint authority = null, freeze authority = null — no additional EFFECT issuance is possible; current supply ≈519 999 763 EFFECT, i.e. not above 520 000 000 (checked 2026-09-25).
Tier‑1 https://arweave.net/cjQc6pM_ag03hLejnSCwnj8N-84nLqBxhFtYg38gcPk Onchain token metadata (JSON at the URI from the mint’s Metaplex metadata): coingeckoId: effect-ai, coinMarketcapId: effect-ai-sol — the current EFFECT listings (checked 2026-09-25).
Tier‑1 https://effect.ai/whitepaper.pdf TK_1: “Providers use EFFECT tokens to pay for task execution” (section 3 Token Economics, Draft v0.1) (checked 2026-09-25).
Tier‑1 https://effect.ai/whitepaper.pdf TK_3: “Effect AI’s native token, EFFECT, provides the utility and governance backbone of the network”; section 3.4 Governance — the protocol is governed by the community through a DAO (checked 2026-09-25).
Tier‑2 https://coinmarketcap.com/currencies/effect-ai/ Legacy listing “Effect AI (old)”: EFX on EOS, contract effecttokens; not a listing of the current EFFECT (checked 2026-09-25).
Tier‑2 https://www.coingecko.com/en/coins/effect-network Legacy listing “Effect AI” marked OLD (web slug effect-ai-old): EFX on EOS (effecttokens) and BSC (0xc51ef828319b131b595b7ec4b28210ecf4d05ad0); not a listing of the current EFFECT (checked 2026-09-25).

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