AMA RECAP : CRYPTO CHALLENGERS x SOLIDUS
Venue : CRYPTO CHALLENGERS
Date : 07 JAN 2022
Time : 11:00 AM UTC.

Guest: Team
They shared detailed information and his opinions about the project SOLIDUS.

🔴 SEGMENT 1 INTRODUCTION

1. Could you Guys please provide a quick self-introduction for the community ?

Paul (Never DM you First):
Hi I’m Paul Farhi & one of the founders of Solidus AI-Tech. I have very high standards in everything I do. My main focus was property and fine art untill I was introduced to Bitcoin in 2015. Since then I have build a strong network in the cryptocurrency sphere and secured the partnership between Solidus Technologies and Soft Galaxy International. I am a forward thinker and identified very early on that Ethereum would be moving from proof of work to proof of stake meaning that Ethereum mining for Solidus Technologies would no longer be possible in the near future. I then studied Artificial Intelligence at the London business school & identified key areas that would be significant for the Solidus AI Tech project.

Liam:
Hey I’m Liam I was the business and strategy advisor for the parent company Solidus Technologies during the inception stages and also advised on Solidus AI Tech. I helped raise the initial capital to get Solidus Technologies started.

Im from London, England and My back ground is 10 years in finance and structuring financial instruments to raise capital for marketing and business growth.

I have been involved in the crypto scene for many years after my good friend Paul introduced me to the market, I became hooked on the possibilities of blockchain

2.Can you briefly introduce the project SOLIDUS what are some of utlities of $AITECH ? How do you think you stand out among the competitors if there are any ?

Liam:
The parent company of Solidus Ai Tech Limited, “Solidus Technologies” were founded in December 2017 as a cryptocurrency mining firm with a particular focus on mining Ethereum (ETH) via GPU-based mining rigs.

Before Solidus Technologies launched they teamed with software development company Soft Galaxy International. Soft Galaxy assisted the establishment and maintenance many large-scale cryptocurrency mining projects throughout Europe.

Solidus Technologies raised around $5.7 million via their network of investors during the cryptocurrency market downturn of 2018. The bulk of the investment was used to GPU’s to mine Ethereum.

During the financial crash of April 2020, the demand for AI services rose significantly due to COVID-19 restrictions. Across every industry, the adoption of AI has exceeded predictions for growth. AI is creating new products, boosting revenues, reducing costs and drastically improving efficiencies. The inexorable evolution of technologies has reached the point where there is an urgent need to solve problems with high computational requirements, the solution of which cannot be provided by a single computing unit. To meet these requirements, Solidus Ai Tech has implemented heterogeneous distributed systems of unparalleled computational capacity and has secured a number of partnerships with governmental authorities and corporate entities.

Solidus Technologies’ joint venture partner, Soft Galaxy International have been approved via the European Union for a $3.5 million grant to help towards completing the existing data centre infrastructure and to scale up operations.

Solidus Ai Tech Limited were established in January 2021 as the Artificial Intelligence arm of the parent company Solidus Technologies.

Solidus Ai Tech is building an Eco Friendly High Performance Computing (HPC) Data Centre & an Infrastructure-as-a-Service (IaaS) platform where Governmental Authorities, Megacorps, SMEs and Professionals will be able to purchase Artificial Intelligence services seamlessly via the worlds first Ai utilities token AITECH token.

We stand out via our eco friendly nature and our IP that allows us to run faster and use less electricity

3. Can you share the achievements the team has made so far ? what are the major achievement target SOLIDUS is yet to achieve . If possible also share your roadmap

Liam:
We have built the shell of our 8,000 square foot data centre along with the electrical housing and water tanks required, we have a partnership with Microsoft and various letters of intent from governmental authorities. We raised £4m to do this before our offering, we then raised $4.3m in our private sale along with being accepted for grant of $3.5 million from the EU

Q1 2022

- AITECH token distribution to all ICO investors
- Staking platform live
- Lottery Airdrop for everybody who decides to stake their AITECH tokens
- First order placed to purchase AI GPUs and materials
- Power grid upgraded to support HPC
- Ventilation upgraded to support HPC
- Software development commenced for customer Infrastructure-as-a-Service (IaaS) portal
- Software development commenced for Enterprise Blockchain
- Token listing on Exchanges

At the end of Q1:
- Lottery Airdrop for everybody who staked their AITECH tokens
- First quarterly payment for everybody who staked their AITECH tokens
- First AITECH token quarterly burn

Q2 2022

- Second order placed to purchase AI GPUs and materials
- All hardware and GPU clusters set up
- Software optimisation for hardware set up
- Hardware monitoring tools set up
- Cybersecurity policies implemented
- Tier 4 Data Centre requirements implement
- Additional AITECH token listings on Exchanges

At the end of Q2:
- Lottery Airdrop for everybody who staked their AITECH Tokens
- Quarterly payment for everybody who staked their AITECH tokens
- AITECH token quarterly burn

Q3 2022

- Third order placed to purchase AI GPUs and materials
- Customer IaaS portal finalised
- Enterprise Blockchain for Governmental Authorities finalised
- AI infrastructure services marketing campaign commenced
- Additional AITECH token listings on Exchanges

At the end of Q3:
- Lottery Airdrop for everybody who staked their AITECH tokens
- Quarterly payment for everybody who staked their AITECH tokens
- AITECH token quarterly burn

Q4 2022

- Forth order placed to purchase AI GPUs and materials
- Additional AITECH token listings on Exchanges

At the end of Q4:
- Lottery Airdrop for everybody who staked their AITECH tokens
- Quarterly payment for everybody who staked their AITECH tokens
- AITECH token quarterly burn

4) Could you share a bit about security and also what benefits you provide to incentives user’s choosing your platform ?

Liam:
Yes

We will constantly innovate and utilise new technologies, and we will grow securely. This requires an end-to-end cyber risk strategy driven by our executive leadership team. Our strategy balances the requirements to be secure, vigilant, and resilient with strategic objectives. We implemented our NATO-compliant roadmap and governance model to support security priorities in an era where cyber is everywhere. Our cyber security is military grade due to team members working for the likes of Nato, The Romanian Military and The EU

5.Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution

Liam:
The AITECH Token is the primary way to get access to most of the core services on our platform by holding the Tokens. These benefits are otherwise available to general users. So, in essence, the Utility Token unlocks a lot of value for its long-term and loyal users. In addition, the Platform will offer Staking Rewards.

We incentivise clients to use the AITECH token rather then use Fiat by offering discounts on the price of the services they purchase using the AITECH Token.

We also plan on burning a proportion of tokens every quarter until our I-a-a-S platform is live

We're building a Deflationary Token Economy, one of our main objectives is to limit and reduce the Token Supply long-term. Towards that, we've planned to take several steps. Key being using 25% of our Quarterly Profits to Buy-back and then burn tokens. This process will go on until the Total Circulating Supply comes down to 5 billion Tokens. We're also, of course, going to offer Staking right after we finish our Token Sale Campaign, once again limiting the supply and supporting the price.

The token is Deflationary in nature and therefore the Price increase benefits, among others will accrue to the holders.

We have a total token supply of 10 billion, out of which we are selling 4 billion in our crowdfunding campaign. The remaining tokens are dedicated to the project with the majority being development, marketing, community building. Tokenomics incorporates a deflationary mechanism and includes buyback and burning to support the overall token growth with time.

So, there is a multitude of benefits for the token holders.

Our mission is build solid community who will support us throughout our journey to success. Our community will be rewarded with the following:

Staking
Following our successful launch we will offer a staking pool which will pay token holders and estimated 7.5% per annum in our AITECH utility token which can be used to purchase AI services when our Infrastructure-as-a-Service platform launches or alternatively the tokens can be held or sold on an exchange for liquidity.

Lottery Air Drop
Stakers will be entered into a lottery each quarter and the winners will be airdropped AITECH tokens until our platform launches

Burn program
Tokens from our launch that have not have been purchased will be burned. We will then burn additional tokens from the circulation supply every quarter untill our platform launches. In addition to this we will burn a percentage of the AITECH tokens that are used to purchase services on our platform to further decrease the circulation supply.

Lock up
The team & developers token allocation will be locked in a smart contract for 4 years with a small proportion being released each year on the anniversary of the launch date.

⚪ SEGMENT 3 TELEGRAM LIVE

Q1-Jaden:
How strong is your team ? Many projects starts with good impression and later abandoned the project. What makes your project different than others?

Solidus Guru:
Great question

Here are our Core team profiles:

Paul Farhi
FOUNDER & HEAD OF UK OPERATIONS

Paul is a born achiever and has very high standards in everything he does. He is a passionate entrepreneur and established himself as a successful investor very early on in his career. His main focus was on Property & Fine Art until he was introduced to Bitcoin in 2015 and since then has never looked back. During his career Paul has built a solid network and was instrumental in securing the partnership between Solidus Technologies and Soft Galaxy international. Paul is a forward thinker and identified very early on that Ethereum will be moving from proof-of-work to proof-of-stake which means that mining would no longer be the future for Solidus Technologies and began his research into Artificial Intelligence. Since then he has studied Artificial intelligence at the London Business School and has identified key areas that will be significant for Solidus AITECH in the near future. Paul also owns a Fine Art Company who are taking a serious look at the NFT space. Paul also oversees the overall Marketing efforts of Solidus AITECH.

Adrian Stoica
FOUNDER & HEAD OF INTERNATIONAL OPERATIONS

Adrian is the President of Optoelectronica and founder of Soft Galaxy. He has the mission to combine the expertise from two different worlds: hardware and software and deliver a new generation of computing and data processing to the World. This will boost the world's technological progress into the future, opening new doors for R&D, smart devices, changing the way we are currently interacting with technology.
He is well connected within the AI industry, and works closely with government entities. He works as a Managing IT consultant with international experience and a combination of consulting experience, general management experience, leadership skills as well as entrepreneurship and business development skills. Valeriu-Adrian has broad industry exposure with a special focus on Artificial Intelligence, Cybersecurity, Military / Defence Systems, Blockchain Technology and e-government. He specialises in techno politics and alternative models of governance, with a focus on applications and decentralised architectures for Public Administration and e-government. He is also a founder of an international software engineering company, focusing on Artificial Intelligence and working on solutions for Blockchain Technology. This makes “Adrian” a vital part of the team.

Alexandru Galusca
CHIEF STRATEGY OFFICER

"Retired Brigadier General (Romanian Air Force), squadron leader in Air Force Staff operational units, Chief of Military Intelligence, Deputy Military Representative to NATO and EU. ""Ducu"" has the mission to assure the technology transfer and share his knowledge into Artificial Intelligence applied in the Defence field but also to promote the HPC capabilities within NATO, EU and the Romanian MoD. He is reponsible in implementing NATO standard cyber security policies within the company."

Marius Opran
TECHNICAL ADVISOR

Marius is a member of the Board of Directors, Chief Scientist Defence, Security, SSA-Romanian Space Agency / Member, EU Economic and Social Committee, Expert NATO-SPS, EDA-EOST His mission is to promote worldwide state-of-the-art projects and new frontier technologies developed by Romanian scientists using his experience and knowledge.

We have a very strong team 💪🏼

Q2-Ͳοммγ Տнєℓϐγ 🚬:
If you are going for audits. How does these audits help you. Certik Audit and skynet is just business. less secure projects do it to put a show to investors. Do you think like that? How they actually help you

Liam:
Certik are well known for being a top ranked audit company they also have a leaderboard and give you a score, so it shows confidence to investors regarding audits of smart contracts and security of the token they are investing into We will be also looking at getting two audits.

Q3-Md Akash Molla:
Can you tell us about your upcoming presale? Where can I currently Buy your Tokens? Which exchanger can get this Token?

Solidus Guru:
Yes sure

Our Pre-Sale is live now and you can purchase our token before we go live on an exchange

Visit
ai-tech.io

Click ‘Buy Tokens’.

Q4-🇨🇮তাই নাকি🇨🇮:
What are your plans regarding private sale? When will you conduct it? How can I participate in the private round? What are requirements? When is public round? How to participate in it?

Liam:
Our Private Sale has finished and pre sale is live
https://ai-tech.io

KYC verification normally takes 24-72 hours (max)

You can purchase without KYC but KYC must be completed in order to send you our tokens when we distribute them

Only limits are Americans at present.

SOLIDUS AI TECH SOCIAL MEDIA LINKS

*Facebook:*
https://tinyurl.com/Aitechfacebook

*Twitter:*
https://tinyurl.com/aitechtwitter

*LinkedIn:*
https://tinyurl.com/aitechlinkedin

*YouTube:*
https://tinyurl.com/aitechyoutube

*Telegram:*
https://t.me/solidusaichat

*Instagram:*
https://tinyurl.com/aitechinstagram

*Reddit:*
https://tinyurl.com/aitechreddit

*Medium*
https://medium.com/@solidusaitech

Q5-𝙘𝙧𝙮𝙥𝙩𝙤 𝙠𝙞𝙣𝙜 | HUNTER ®:
Can you list 1-3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?

Liam:
Solidus is also a strong supporter of the ‘Crypto Climate Accord’ which is focused on decarbonising the cryptocurrency industry by 2040. Our data center will also run 40% more efficient compared to industry standards due to our IP & evaporating cooling methods, evaporating cooling is 80% cleaner then traditional air conditioning methods. The electricity costs in Bucharest are also cheaper & internet speeds are faster than most countries in the EU meaning we can operate at lower costs and also in a more Eco friendly way then our competitors.

We are the worlds first AI utilities token to be used to purchase AI services via HPC centres like we have built. Our IP allows our hardware to operate not only faster but also more efficiently by using less electricity - this is patent pending

We use evaporating cooling systems which are around 80% cleaner then traditional Air conditioning

Crypto Climate Accords main objective is to decarbonise the global crypto industry by prioritising climate stewardship and supporting the entire crypto industries transition to net-zero greenhouse gas emissions by 2040

Solidus Guru:
Yes, please watch our 2minute 3D video:

https://youtu.be/Bm6GLWUNXpA

Checkout our website, our Whitepaper and our team

Once you have completed your due diligence we are sure you will feel very comfortable to come onboard with us 👌🏼

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