May 29th, 2024 DAO Call

Effect DAO Call Summary May 29th, 2024

v2 Status Update:

• Jesse describes progress in the last two weeks. How the task campaigns are being set up and how bugs and minor obstacles are being ironed out. The front-end updates are not live yet.

• Rochelle describes early sign-ups for V2 access and how the marketing campaign will be finalized coming weeks.

• David has been continuing working on documentation, such as templates and label studio integration.

• Jeffrey discusses the need to consolidate documentation in one place.

Effect AI Decentralization Discussion

• DJSTRIKANOVA discusses recent Fit21 US legislation that seeks to set up a sort of "decentralization test" that evaluates whether cryptocurrencies are sufficiently decentralized.

• Jesse discusses how the DAO can be incorporated into upgrading EOS smart contracts related to EOS. Such as through HG approval.

• Rochelle discusses decentralization in the context of Effect Force, how workers shouldn't be completely at the mercy of requestors. Jesse discusses how Effect Force front-end can be moderated, but the underlying protocol can not be. So filters can restrict malicious requestors, but if there is a true dispute people can fork Effect Force front-end and implement their own moderation.

• Jesse discusses the final step remaining such that any DAO member can push the cycle forward and that there is an updated needed that is still on the docket.

• Discussion over how the Solana Bridge, Liqidity Pools and initial Solana EFX mint fit into the context of decentralization.