AMA Recap: CRYPTO MINERS X SOLIDUS AI

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 our AITECH token. Solidus Ai Tech is a computation network created to distribute computing power to organisations working on complex AI projects requiring high computing power. The greatest need of the hour is computing power, and we are aiming to provide Governmental Authorities, Megacorps, SMEs and Professionals with unparalleled sources of computing power.

We hosted an AMA session with Solidus Ai on 7th January.

Mr. Ramsy was the host from Crypto Miners and Solidus team was the guest. They shared delightful knowledge and unique features of Solidus Ai.

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Segment 1️⃣: Introduction

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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session With SOLIDUS AI

Thank you all for joining us today❣

To help us learn more about the featured project of this AMA session, we are lucky to be joined By Mr. Liam

Liam:
Hey everyone great to be here

Ramsy:
Wolcome here
Thanks for bringing Us SOLIDUS AI❤️

I'm pretty sure that our AMA participants are very much excited to learn more about SOLIDUS AI, So let's get started if you're ready

Liam:
👌🏻

Ramsy:
here is the first question for you

Q1) Can you give a brief explanation about 'SOLIDUS' .What popped up in your mind to create such a platform in this Space?

Liam:
Great question, 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.

Their are no other tokens like ours which is one of many reason it makes this so special

Ramsy:
Great 👍

Q2) So what are your main features and advantages that discern you from other Projects?

Solidus Guru:
Please also see our 2 minute 3D video: https://youtu.be/Bm6GLWUNXpA

Liam:
Solidus is 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

So we can do the job faster cleaner and greener

Solidus Guru:
AITECH

We are the Worlds first AI utility token

Ramsy:
great

Q3) How has the experience and background of your team been effective in the success of your project so far?

Solidus Guru:
We have all been instrumental and our core team have been onboard since the birth of Solidus Technologies

Here are our core team profiles:

Hi, Im Will Dyer and have worked with Solidus from 2018 to now and am now heavily involved with Solidus Ai Tech mainly on the marketing side. My core skills are business development, marketing and client retention.

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 💪🏼

Ramsy:
4) Now Share us about your Native token, What are the some of utlities of $AITECH Token in Your Ecosystem? And if possible share to us the Tokenomics

Liam:
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.

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.

Ramsy:
cool 🤟

5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from SOLIDUS? If possible could you please share road map with us.

Liam:
Solidus technologies was formed in 2017 Ai tech in 2021 we plan to complete our data centre and our IaaS platform to become one of the largest HPC facilities in Europe

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

Ramsy:
Thanks for this well detailed introduction about SOLIDUS AI:)
And that's the wrap up of our the first part of the AMA session ✅

Let’s now proceed to our Twitter Questions section,
i hope you're ready for that!!

Liam:
Yes

Segment 2️⃣: Twitter Questions

Ramsy:
1) As per Kai Fu Lee’s words, AI is going to change the World more than anything in the history of mankind. More than electricity. Can you tell us how Solidus AI Tech will contribute in AI world? What kind of users benefit mostly from this platform?

Liam:
Nice…Solidus AITECH is building a blockchain operating system for the public sector. This government enterprise solution uses smart contracts, asset management solutions, identity management solutions, and process automation.

The solution provides a private enterprise chain developed specifically for governments. It features the ability to assign different levels of access to authorised users, ensuring the independent validation of transactions and operations that establish full security and accountability while complying with relevant privacy standards.

Governmental complex computation-intensive data analysis tasks can include the following:

1. Asset Management
2. Smart Contracts for Health Care
3. Voting
4. Taxation
5. Supply Chain Traceability
6. Land Registration
7. Identity Management & Process Automation
The governmental enterprise blockchain solution enables citizens, residents and businesses to participate and manage their data, creating a secure system that will streamline government-citizen interactions while securing information against hacking and fraud

Solidus Guru:
Yes, we are building an AI infrastructure and an Infrastructure-as-a-Service platform

Main users will be Governmental Authorities, Megacorps, SMEs and Professionals

Use-case example:

Medicine

Instead of taking regular over the counter medicines…

Medicine could be tailored to your exact genome. AI algorithms will enable doctors and hospitals to better analyze data and customize their health care to the genes, environment and lifestyle of each patient. From diagnosing brain tumors to deciding which cancer treatment will work best for an individual, AI is positioned to drive the personalized medicine revolution.

Ramsy:
2) As of now, A significant problem in the Artificial Intelligence is the lack of European HPC facilities in the global top 10. The EU consumes one-third of HPC resources while only producing 5% of computer power. So what do you think to face and conquer this relevant issue?

Solidus Guru:
At Solidus AITECH, we have completed the main build of our data centre and are ready to commence the installation of our HPC infrastructure which is based in Europe (Bucharest), which will significantly help to bridge this gap and will enable European companies to obtain their supercomputing power within the EU.

We expect this facility to be more efficient and of lower cost than in most of the U.S.

By operating in Bucharest, we have the benefit of low-cost electricity and fast internet speeds as well as our Intellectual Property (IP) and expect to run at around 40% less power consumption than the industry average.

We have the capacity to scale up our operations and, as we do so, we expect to quickly become the top EU HPC centre and in the global top 10 HPC centres.

Liam:
As stated, by completing the build of our HPC centre and the power it generates will allow us to be one of the largest in Europe.

We then have the capabilities to rapidly upscale in the same area to provide more computing power to The Eu

Ramsy:
3) One for all’ policy is the negative part of medical industry. Injecting AI into medicinal field, i believe it will be a great movement to develope customized medicines for individuals. Have you already started any steps to make this happen?

Liam:
We are not trying to venture into medicine ourselves

Big pharma companies will utilise our AI infrastructure and we have a Letter of intent from top 10 pharma company ‘Sanofi’

Companies like this well developed systems using our technology where Instead of taking regular over the counter medicines…

Medicine could be tailored to your exact genome. AI algorithms will enable doctors and hospitals to better analyze data and customize their health care to the genes, environment and lifestyle of each patient.

From diagnosing brain tumors to deciding which cancer treatment will work best for an individual, AI is positioned to drive the personalized medicine revolution.

Ramsy:
4) What are the risk management policies that project uses to safeguard the investments and credits granted by its platform? How do you really ensure that there is a backup base to rely on in the face of any situation or sudden change in the commercial markets?

Solidus Guru:
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.

Liam:
We are very diverse we can switch business models pretty simple as we did form mining ETH to switching to Ai, their will always be a need for computers and technologies as we rely massive on this for our survival but if things changed we could adapt to various sectors

Ramsy:
5) According to what I’ve read, you’re nearing completion on the construction of your ecofriendly HPC Data Center and IaaS? I’m curious as to how eco friendly your HPC facility and IaaS are. Are you a supporter of the cryptocurrency green movement?

Solidus Guru:
We are a supporter of Crypto Climate Accord.

The Crypto Climate Accord’s overall objective is to decarbonize the global crypto industry by prioritizing climate stewardship and supporting the entire crypto industry’s transition to net-zero greenhouse gas emissions by 2040. The Accord has two specific interim objectives:
Achieve net-zero emissions from electricity consumption for CCA Signatories by 2030. Develop standards, tools, and technologies with CCA Supporters to accelerate the adoption of and verify progress toward 100% renewably-powered blockchains by the 2025 UNFCCC COP30 conference.

The Crypto Climate Accord will create wins for both the planet and the global economy. For climate advocates, they can eliminate emissions from a fast-growing source of electric load. For the cleantech industry, they can onboard an entirely new class of customers with significant demand for low-carbon solutions. For the crypto industry, they can help support widespread adoption of crypto by making the industry more sustainable.

Solidus AITECH HPC data centre infrastructure will run highly efficient algorithms. From the initial consultation, we will be able to clarify how we can optimise for maximum effectiveness for each application and how our customised HPC environments would work for the clients’ needs. At the core of our business, we ensure reliability and security to our clients and do so in a cost-effective and environmentally friendly manner.

Our secure, sustainable computing environment is the perfect solution for anyone prioritising climate goals and carbon targets – we utilise evaporating air cooling technology. The advantages of evaporative cooling are well documented.

This energy-efficient, environmentally friendly technology consumes 80% less energy than compressor air conditioning, can lower the air temperature by up to 12 degrees, improves air quality by removing dust, fumes and unpleasant odours and does not require the closing of doors or windows . HPC is already consuming large portions of the world’s available energy, with various air-cooling solutions consuming up to 30%–40% of the total energy deployed.

Hence, there is an urgent need to deploy sustainable solutions.
By using a special software algorithm and customised hardware architecture, one high-performance AI GPU uses similar power to a household light bulb, and all the materials are renewable.

The heat generated by the machines will be channeled to our production facility to provide warmth during the cold season.

Tree Planting

Around the building premises, we will plant 128 trees as part of a volunteering program in partnership with the Ministry of Education in Romania. The top 10 National Olympics teenage computer scientists will be invited to join the Solidus Technologies Educational Awards Program.

Ramsy:
Thanks for Your Valuable Answers❣
And that's the end of our twitter question segment

Now Moving on to our last segment - Live Q&A,
Shall We Go?

Solidus Guru:
Yes, lets go

Ramsy:
Here we go,

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guests choose some best to answer)

1)Taiwo Bisayo:
As the market is not going well affecting everything in cryptocurrency. How is SOLIDUD AI moving on with this?

Liam:
Our token price is low, and we’re aiming to list in April/May. It’s a good chance for retail investors to get involved with a project that is pre sale as that’s where the big gains are

2) Crypto:
The state of AI evolution is constantly changing, the industry can be clearly classified into three subsegments: AI software, AI hardware and AI services.What has Solidus AI Tech planned to be able to offer an AI solution with these? three subsegments and thus offer

Liam:
Our software already makes our hardware run faster and around 40% more efficient as I’ve said previously, the hardware we will buy will give us enough super computing power to be one of the largest in Europe and this will be housed at our 8,000 square foot centre once operation we will release our IaaS platform

3) Shamseer:
Regulation is very important. Many projects were closed in many countries due to failure to use the correct regulations and permits. In order to go global how does your team deal with these issues?

Solidus Guru:
Our Data Centre is based in Bucharest and they are very happy for us to be based there

Re: AITECH
The only restriction we have at this stage is with the USA as they have strict ICO regulations

We have a legal team who keep us informed

We are planning to stay within the EU at this stage

4) Mariya Jan:
What's your main focus right now, are you focused on the community or market/Exchange or the products?

Solidus Guru:
When we started we focused on community

Now we have launched our ICO we are focused on raising funds

5) Partnership is always an important factor for every project. So who is your partner? What benefits do you get from those relationships?

Solidus Guru:
Great question

Yes very important

Our parent company Solidus Technologies have a joint venture partnership with Soft Galaxy International

Soft Galaxy are the technical side and already work with Governmental Authorities and Megacorps

They also hace a Microsoft partnership who will filter a portion of their Ai clients to use our services via their Azure platform

So these relationships are massively beneficial 👌🏼

*This segment ends here*

Ramsy:
Thanks for the well detailed answers,
Is there anything else you would like to share or you want us to know ?

Liam:
Please see more about our token Benifit And register www.ai-tech.io

Solidus Guru:
Yes, please checkout our website, whitepaper and team members

When you have completed your due dilligence we expect you’ll feel confident to come onboard with us

Ramsy:
Thankyou so much For your valuable answers and information about SOLIDUS AI,
It Was Pleasure Hosting An Ama With You.
We Wish all the very best for Project
SOLIDUS AI And The Entire team behind the project

Solidus Guru:
Thank you for having us 👋🏼

Ramsy:
Time To Conclude Our AMA Session
Best of luck for the future 💕

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AMA | GameFi | NFT | Metaverse | Giveaways | Promotions, “Backed by KuCoin, Hotbit, OKEX & BigOne Exchange”, Telegram group: https://t.me/Cryptominers_co

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CRYPTO MINERS

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AMA | GameFi | NFT | Metaverse | Giveaways | Promotions, “Backed by KuCoin, Hotbit, OKEX & BigOne Exchange”, Telegram group: https://t.me/Cryptominers_co

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