Effect.AI Token Sale Recap

in #cryptocurrency7 years ago

From the bottom of our hearts: thank you

Before we say anything else, a huge thank you to everyone for the overwhelming amount of support we have received over the last few months - and during the last few days especially! With your help, Effect.AI managed to raise a staggering 11 million euro in just five days in what can only be described as a hugely successful Public Token Sale. With more than double our soft cap reached, we now have the mandate we need to continue building The Effect Network and expand the project.

The Stats

  • Project successfully funded with over € 11 million raised
  • People from over 120 countries took part in the Token Sale
  • 18.107 participants successfully applied for the Whitelist
  • Telegram community of 25.500

Fair Share Distribution
Our approach to conducting a fair and transparent Token Sale with Fair Share Distribution worked even better than expected. The announcement that Stage 1 of the Effect.AI Token would have a personal cap of 1200 euro was rewarded with numerous contributions from many different countries. We were very pleased with the results of trying for a more evenly distributed Token Sale. In terms of building a resilient and lasting platform that is supported by a large and diverse community, the significance of this success cannot be overstated.

Security
Needless to say, scammers also showed a lot of interest in the Effect.AI Token Sale. Our dedicated support team, therefore, went to great lengths to make sure Effect.AI community members were not taken advantage of. Through Telegram, the newsletter and all the other channels available to us, participants were constantly reminded not to respond to unsolicited requests to transfer funds and to be wary of scammers impersonating team members or support email addresses. When all was said and done:

  • We had no data breaches of any kind
  • Hundreds of scammers were banned from Telegram
  • Losses by community members were negligible.

Success in turbulent times
It is no secret that the Effect.AI Token Sale opened during fairly adverse market conditions. Despite this down market, despite many other token sales failing to reach their soft caps and despite doubts from onlookers and competitors, the Effect.AI Token Sale was a resounding success. We consider beating the odds like this, with the incredible volume of support we’ve seen, a ringing endorsement for The Effect Network and our plans for the future.

It begins now
The Effect.AI Token Sale was an incredible event and we are humbled to have received so much support from you, the Effect.AI community. However, this is just the beginning of what will be an epic journey. More updates are coming soon!

Chris & The Effect.AI Team
Effect.ai
T.me/effectai
Facebook.com/effectai
Twitter.com/effectaix
Github.com/effectai

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Congratulations for an awesome result!
It's a pity that hard cap wasn't reached, but none the less awesome result! And in the middle of a bear market!!!
Keep up the good work. Effect AI is now on my portfolio.

Really thank you for giving us this great opportunity to participate in this project.gald to be part of this great project.this is just a beginning.there is farther to http://go.so many goals to achieve.hope team will work hard to get this done.

Congratulation. During down market, most of ICOs cannot reach soft cap, or the price of ICOs token is dumped baldly after the main sale. You and your team did a good job, keep it up. I also joined your bounty campaign, it's managed well and professional. Glab to be part of this project. Thanks for your hard works

The concept and purpose of this project is very good. This is the foundation that explains the benefits of this project in the future. I hope the development team can do their best at every opportunity to make this project grow into a great and rewarding project for many people

It is evident that the project has a team of professionals who know their job,who wants to succeed in this life,I advise you to further explore this company!

Indeed very well done tokensale. Over 18k participants is a solid number to make a community around http://Effect.AI platform. Congratulations again!

I have seen a lot of ICOs, yet did not see one like Effect.ai which went as scheduled and very smoothly. There is no doubt that they will release the platform very soon. Those who participated in ICO are the best decision makers.

This we must thank you for the excellent leadership and organization in the sales process. Also for support at all stages.

guys from the effect carried out a very high-quality token sale, not many can boast of this

All information about the project was reported in a transparent and careful manner. I trust #EFFECT to be the best project in 2018. Thanks for the announcement.

ICO of he Effect project is organized at the highest level in all respects. Therefore, the credibility of the team and the project is enormous. I'm glad that the team was able to achieve success in the sale, I hope everything goes according to plan and beyond.

I agree with you, in terms of the organization of the working process, the team has everything at the highest level. I hope they will continue in the same spirit!

It has a nice concept..user friendly it will benefit to the people in crypto world. A good platform that very useful in near future. I really love this project <3

You will succeed!

Congratulation Effect.ai team. i'm really happy with you. Today, most of ICOs cannot reach soft cap, or the price of ICOs token is dumped baldly after the main sale.but Effect.ai is doing great job. This is the best proof to show Effect.ai is the great ICO. Thank you Team. we are always with you...

The new age of technology opens with the boom of the AI industry. In the future, robots will replace humans in production lines. Thus, employees are forced to learn how to raise the level to not be on the unemployment situation.

I feel really happy to join with a project that is with this responsible team. good luck effect.AI team

Since the beginning of the project, each team member have done their job perfectly, as an example, telegram group helped us brilliantly, as well as there were many article and tutorials about the project and how to happen the token sale, and I am sure about you will hype EFX tokens more than others,good luck team

Support team worked perfectly. One of the smoothest ICOs in 2018. Well done team and good luck with further development.

Let the games begin! Love this project. So far from what I see everything went through smoothly, now it's all about the time and effort that will go into the whole project. The end result is going to be wonderful with a team like this.

After long time.happy to see Effect team.We are waiting for mpre updates for the project.Good luck

thanks for your efforts, it's a pretty good ICO experience for me

Yes of course thank you Effect.AI team too because doing very clear and active ICO project and still all have greater hope of this NEW base iCO and I think it will get huge value to the community.

thank you so much for this article. i know token distribution for now. It begins now 👍

Thank you very much for the excellent ICO fundraising, it was all very correctly, consistently and clearly - you are real professionals

good luck guys in the development of the project.

The project carries great value and an excellent idea, so it will be successful and in demand! Be sure to study the project and what it gives!

congratulations effect.ai team. 11 millions euro raised in only 5 days. awesome work. thank you too for carrying EFX project to success. good luck on your future plans

Congratulations for the result of 11 million - this is an amazing result.
I do not think I've ever seen such a close-knit professional team.
It's nice to look at your work on this project, and it's nice to help even as little as me;)

I think you did a fantastic job, in fact I would say it was one of the most well run initial coin offerings that I have ever had the privilege to be involved with.

Cognitive and interesting article.

All information about the project was reported in a transparent and careful manner. I trust #EFFECT to be the best project in 2018. Thanks for the announcement.

ICO of he Effect project is organized at the highest level in all respects. Therefore, the credibility of the team and the project is enormous. I'm glad that the team was able to achieve success in the sale, I hope everything goes according to plan and beyond.

Congratulations! It has been a really great campaign!
The results have been great even in difficult times as this bare sleeping market still continues to be around.
The fact that you partenered with the G0blin team was a very good decision as their team is really professional.
We shall continue to support you and the project as much as possible.
We trust you!
Wish you all the best!

You can congratulate Effect.AI on the excellent conduct of the company on the public sale of tokens. Everyone is looking forward to the further development of the project. We wish the team good luck.

I find effect project few late but i am very happy to find that. Effect is the most impressive project of the year. I am very hopeful about the company. Effect time is coming!

It was very important to Effect.ai to have achieved this goal. The market is bearish and most ICOs are raising much less than they wished, even less than their soft caps.

Effect.ai team has worked really very hard to make sure ICO is successfully completed without any hassle. Congrats to the entire Effect.ai team, we are proud of you and its been pleasure to be part of this project as stake holder now.

http://Effect.ai is great to hear 60% of the tokens are sold out! in this bearish market. the first stage ended so fast. Effect Ai team is working really effectively and professionally. This is the only promising ICO of 2018 From the beginning,

Hi, Effect.AI team! You were absolutely Amazing! Thanks for this update! and as you well say: "Effect.AI managed to raise a staggering 11 million euro in just five days".
Really a heroic feat!
I love the project and I want the good development of Effect.AI. I invite those who are interested in receiving more news about you to subscribe to the email list on the website or join the Telegram channel. Share with you in the chat is an pleasant experience.
Success, Effect.AI! :)
Website: https://effect.ai/
Telegram: https://t.me/effectai

I'm really glad to be a part of this awesome project.🙂🙂 Because of Effect.ai project already became popular and gain their trust in the crypto world. Effect.ai project got best advisors in this field and project team also great. They were with community members all the time and help them to solve their problems soon. I believe it also helped to make this project popular. Well done Effect team. Congratulations.

I believe that this project will be the best this year

Interesting recap. Congratulations team. Looking forward for the next steps eagerly.

Congrats for the successful tokensale. Many of the icos are struggling to reach the softcap but effect.ai did pretty well. I m very happy to be a part of the token sale.

Congratulations guys! Very solid result, but i'm not surprised because you really deserve it!

I watched how fast you were deleting scammers messages and banned them in Telegram during your tokensale. It was very professional. Only few ICO's made it 👍

I'm surprised how great the sale was, the transparency and professionalism of the team paid off for sure and I'm sure that the development phase will be similar.

Effect.ai done incredibly fair and professional ICO. I'am impressed and completely satisfied with the project.

Congrats guy so glad i had a chance to partake in this project. Success all the way #efx

I guess good news about Effect is very close to us! We will learn decentralized network for Ai from Effect. This project excites me!

This is one project I have been following from the beginning, unlike other projects I have seen, either hyped or not, The way the team conducts its activities is compared to no other in recent days. The token sales went well, and its due to your continuous efforts to wards making this project not only a reality but one of the best that ever existed.

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