CRYPTO SYZYGY : AMA Session With Solidus AI Tech

AMA On Wednesday, December 08th At 01:00 PM UTC

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We were so pleased to host our Telegram AMA session with Solidus AI Tech where we gave you the chance to ask the team anything you liked. And you certainly delivered!

Summary of the AMA

  • Team and Project Intros
  • Questions and Answers

Team Introduction

Paul : 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.

Solidus Technologies established 2017 as an Ethereum mining organisation are now launching Solidus AI Tech

Solidus is finalising the internal build of their Eco Friendly High Performance Computing (HPC) Data Centre & Infrastructure-as-a-Service (IaaS) platform where Governmental Authorities, Megacorps, SMEs & Professionals will be able to purchase Artificial Intelligence services seamlessly using the worlds first AI utility token (AITECH)

Solidus is a strong supporter of the ‘Crypto Climate Accord’ which is focused on decarbonising the cryptocurrency industry

*Current partners include:*
✨Government organisations within the defence sector
✨Microsoft
✨Soft Galaxy International
✨Optoelectronica

*Artificial Intelligence Solutions for:*

✨Self Driving Cars
✨Face & Voice Recognition
✨Medical Industry
✨Health Care
✨Recruitment
✨Sales Automation & Lead Generation
✨Virtual Assistants
✨Traffic Congestion / Smart Cities
✨Border Control / Secure Societies
✨Agriculture — Greenhouse Automation

*Building Blockchains for Governments:*

✨Asset Management
✨Smart Contracts for Health Care
✨Voting
✨Taxation
✨Supply Chain Traceability
✨Land Registration
✨Identity Management & Process Automation

Coming Soon

☄️Launch — 18th of November 2021
💰Staking
💸Airdrop Lottery
🔥Burn program

*Pre-register your interest at www.ai-tech.io*

Anurag Yadav: Hi All, Anurag here. I’m the Advisor to Solidus AI.

Background-wise:

- I’m the Ex-CEO of BarterTrade, a Crypto Exchange based in Dubai.
- I’m the Co-Founder & CEO of PrimaFelicitas, a Bleeding-edge end-to-end Blockchain Technology Solutions Development Company, based in San Francisco, London, and New Delhi.

Otherwise, I’m an Entrepreneur, sit on the Advisory Board of several Blockchain companies, consult on implementing emerging technologies such as AI, Blockchain, IoT, and am a regular Keynote speaker at Global Technology Conferences.

Have over 19 years of experience and have led Global Organizations. Hold an Engineering degree from the Indian Institute of Technology (IIT) and a Master’s in Business from Stanford University.

Nice to connect with you all here.

Liam: Hey I’m Liam I was an advisor for the parent company Solidus Technologies during the inception stages and also advised on Solidus AI Tech. My background is finance and structuring instruments for fund raising and business development.

I helped raise the initial capital to get Solidus Technologies started. 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

Nice to meet you all

Crypto King :Let’s move on to some basic details of Solidus. May I know where are you guys headquartered?

Anurag Yadav: St. Vincent and the Grenadines

Liam: We have team members all around the world, Paul, will and myself are based in London were Solidus Technologies is registered, Ai Tech is registered in st Vincent

Crypto King: Great! and currently how many employees does Solidus have?

Liam: 14 core members although there are others who have helped to get were we are today

Below are just a few

Adrian Stoica
Founder & Head of International Operations

Adrian is our tech genius who is CEO of Soft Galaxy international, he coordinates the entire tech side of our AI data centre he already works with multiple governments and military’s around the world

Alexandra Galusca
Chief Strategy Officer

Retired Brigadier General with extensive military background, respresentive of NATO and EU. Heads up Security side of the business.

Marius Opran
Tech Advisor
Board of Directors for the Romanian space agency and Nato, Chief Scientist Defence, Security + much more

The full team can be viewed at www.ai-tech.io

To give you more insight into Marius here is a more detailed profile:

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.

Solidus Guru: To give you more insight into Marius here is a more detailed profile:

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.

Crypto King: That’s good to know. Alright so let’s move on to the #Community Round 1 where we will open the forum for questions from audience.

Community Q & A Round 1

Q1. We got to know that therr is a private sale running since November 18, 2021. Can you please share a bit more about the sale as to requirements for interested individuals, expected end date and criteria for sale, price of $AITECH token in the round, minimum & maximum investment from an individual?

Solidus Guru: Private Sale live at ico.ai-tech.io

- Price $0.006369
- Minimum — $1,000 to $250k
- Not allowed: USA

This is scheduled to run to 31/12/21

Please be aware that there is a programmed 100% from Private to when we go Public which we aim to do in the 1st Q of 2022

Q2. The security of the platform is very important when many projects get hacks & bugs in the early period, so what security measures are taken? Will you have an Audit from a third party company & will you have a bug bounty program?

Anurag yadav: We take Security as one of utmost importance. We had a comprehensive security testing of our Platform from a reputed Third-Party Security Company. And, our Smart contracts are going to be audited either Certik or Quantstamp or both. We are in discussions with both of them on signing them up for the Audits.

Q3. Is there any strategy to work with government organization of developing nation of world to tackle inequalities arises after pandemic ? Or is there any community oriented method which can help in this field globally?

Liam: Great question, we already have a number of letters of intent from governmental authorities who plan to use our data centre once complete along with pharmaceuticals giant Sanofi, we will be running their medical data to find anomalies to help with new cures and vaccines.

We are not competing with other companies in medicine or driverless cars our hardware and software makes it possible for these companies to find solutions to the problems they are solving

Q4. Are there any benefit by holding your token, for example any reward or incentives?

Anurag Yadav: 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.

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.

Q5. I am quite interested reading on the prospect and future of AI technology. And as I have seen about autonomous cars being mentioned in this project, I would like to know how this project seeks to compete with successful companies in this sector for example Tesla, which manufacturers electric cars with automation. What uniqueness/distinguishing feature can SOLIDUS AI TECH provide in addition to the technology already available and in current use as of today in the world of automatic cars ?

Solidus Guru: Great question

We building an AI infrastructure for companies like for example Tesla to utilise

So as a company we will not be competing

Companies will utilise our AI infrastructure for a number of use cases e.g self driving cars, medical and a trending sector right now is ‘Metaverse’ where these projects all require HPC Data Centres.

Community Q & A Round 2

Q1. What is business model of your project? How it works? And who are your potential customers and which markets are you targeting on?

Anurag Yadav: The EU consumes nearly a third of global High-Performance Computing (HPC) resources that are used in mission-critical applications such as deep scientific research, AI, etc., yet the EU contributes a mere 5% of Global HPC. Solidus AI Tech is changing this by building a massive HPC facility in Romania in which nearly $10m have been invested through EU Grants and Stakeholders Capital. Solidus has secured significant partnerships with large corporations such as Microsoft for using Solidus HPC resources, the access to which would be provided through a unique Utility Token that has among others Staking, buy-back, and burn features.

It will work primarily through using our AITECH Utility Token. Holders will get benefits from a variety of services on the Platform.

Primarily Enterprises using extensive HPC resources, or government entities would be our primary users. However, later on, retail consumers would also be able to use our HPC resources for performing personalized AI operations.

Q2. Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?

Liam: We have board members who are well know and work or advise for governmental authorities, Solidus has been going for 4 years, the management teams tokens are locked up for 4 years. We believe in the product and can see the coin gaining in value in this time as the tokens are burnt and we list on various exchanges.

We are here for the long haul

Q3. What are the future plans airdrops and staking attached with $AITECH?

Solidus Guru: Future plans

We are building a staking platform with an estimated APY of 7.5%

Quarterly staking will be available where stakers who are in for the quarter will be entered into our quarterly Lottery AITECH Airdrop We have a community focus so as we grow we expect to make other rewards available.

Token burns: We will burn tokens quarterly and when our Infrastructure-as-a-Service platform is live we will then burn a % of the token utilised to purchase our AI services.

Q4. What is your strategy for building a strong community? Do you agree that the power of the community will lead your project to develop globally?🤝🤝

Solidus Guru: With consistent marketing, regular communication, rewards We want to keep our project exciting so we attract new community members and keep us all active and grow together

As a business we understand that the community are the heart of the business so feedback is welcomed 👌🏼

Q5. Explain your views on where your “Solidus” plans to gain more visibility and how you plan to make it sustainable. And what is the plan of your project to survive the global recession?

Liam: We are working with many marketing and media teams around the world for exposure, although we will work with SME’s our main target is the governmental authorities and blue chip companies Adrian is already working with.

When theirs pull back in the economy tech has always proved to do well, just look at NVidia and other companies in tech during the pandemic

Q.6 Do you guys have plan to list on big exchanges like Binance, Huobi, Kucoin etc. or is a new listing on its way?

Liam: Yes without a doubt but we first need traction on smaller exchanges. We will first list on uniswap in Q1 of 2022 with others planed for Q3 and Q4 although this could be implemented faster.

Q7. There will be more hype comming on Metaverse and Web3, where and what will be main usecase and contribution of #Solidus?

Virtual Reality, Metaverse projects all require High Performance Computing

We are building an HPC Data Center so we will look to onboard these type of projects as they have a high demand for our services

Q8. It’s very hard to imagine Web3, Metaverse Without AI in comming days what you view on this?

This is true 100%. The highly computational resource-intensive world of Metaverse in the days to come won’t be truly feasible without the computation-at-scale that today’s good performant-AI system can deliver. With cutting-edge innovations in this space, the services will only get better and cheaper. So, to be completely honest, we are betting on the growth of this space to piggyback part of our growth.

Q9. Revenue is an important aspect for all projects to survive and maintain the project / company. What is the way to generate profit / revenue of token? What is the income model?

Revenue is important on our smallest contract our forecasted profits after year 3 is £60m

Now the session ends with lots of thanks to our Guest Speaker…

Here are some important links of Solidus AI Tech⛓

Website | Telegram |Twitter

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We are committed to provide Premium Crypto signals, News and Analysis, listing information, and Breakout alerts with high accuracy. We Provide Best Technical Analysis tools and assistance to our people.

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