Solidus AI Tech logo

Solidus AI Tech (AITECH)

Status
ICO
IDO
IEO

We are building an Eco-Friendly High Performance Computing (HPC) Data Centre and an Infrastructure-as-a-Service (IaaS) platform.

Solidus AI Tech White Paper Whitepaper

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Interest lvl
Medium
Learn more about our rating
User Rating
Medium
3/5 6 votes
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Ticker
AITECH
Type
Utility-token
Token standard
ERC-20
FoundedRomania
Registration countryUnited Arab Emirates
Registration year2021
Office addressDSO-IFZA, Dubai Digital Park, Dubai Silicon Oasis

What is Solidus AI Tech

Solidus have built an eco-friendly 8,000 square foot high
performance computing (HPC) Data Centre in a highly secure
location in Europe. They are launching the Worlds first deflationary
Artificial Intelligence token (AITECH) which will be used as a
payment gateway to licence Artificial-Intelligence-as-a-Service
(AIaaS), Blockchain-as-a-Service (BaaS) and rent HPC power via
their Infrastructure-as-a-Service (IaaS) platform.

Solidus will also launch a marketplace for software developers to
launch Artificial Intelligence software applications for their users to
license where the developers will benefit via a profit share model.

AITECH is the token that powers the Solidus AI Tech ecosystem
and can be used to purchase everything that is listed on the
platform. Fiat currency transactions are converted to AITECH
seamlessly on the backend and are completed on the Blockchain
with AITECH tokens. Solidus will accept traditional forms of
payment such as Paypal or Credit Card and between 5%-10% of
AITECH tokens used to purchase services on the platform will be
burned as part of the deflationary token economy.

At Solidus Ai Tech, 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.

Solidus AI Tech Roadmap

1
2017 DECEMBER

Solidus Technologies established in December 2017

  • Joint venture partnership agreed with Soft Galaxy International

We engaged with the companies below to help structure the project:

  • Pincent Masons Solicitors (SRA 471978) for our legal structure and documentation
  • BlueWater Capital (FCA 789335 to Section 21) to approve our information memorandum
  • Talbot Capital (FCA 489839) as our security trustee
  • CrossbarFX (FCA 535761) as our receiving agent
2
2018 JANUARY
  • Submitted planning application to build the Data Centre
3
2018 APRIL
  • Solidus Technologies Ltd. engaged with high net worth and sophisticated investors to raise funds.
  • Soft Galaxy International agreed to house mining rigs in one of their secure facilities whilst we were submitting the planning application for the data centre
  • Funds utilised to purchase thousands of ATI Radeon Sapphire HPC Servers and the necessary materials for set-up
4
2018 JULY
  • Mining rigs installed in the secure facility
5
2018 AUGUST
  • Our Ethereum (ETH) mining rigs went live
  • Land purchased to build the data centre
  • Submitted planning application for data centre build
  • Additional mining HPC Servers and materials purchased
6
2018 DECEMBER
  • Additional mining hardware installed and live in the secure facility
  • Planning application approved
  • Data Centre building project out for tender to building contractors
7
2019 JANUARY
  • We agreed to move forward with [building company] Building on hold because of cold weather
8
2019 APRIL

Data centre build commenced

  • Entire area levelled
9
2019 MAY / JUNE
  • Plumbing and electrical installation
10
2019 JULY / AUGUST
  • Framework build
11
2019 SEPTEMBER / OCTOBER
  • Roof build
12
2019 NOVEMBER / DECEMBER
  • All external design features installed
13
2020 JANUARY / MARCH
  • Fire safety system installed and checked
  • External build final checks
  • External build completed
  • Quartz floor installed
14
2020 MARCH / JUNE
  • COVID-19 lockdown
  • Essential maintenance checks on all hardware
  • Quartz floor sealed
  • Meetings held via Zoom with senior management to decide direction of the company
  • The plan to move into AI was brought forward given a number of factors
15
2020 MAY / JULY
  • Zoom meetings with Governmental Authorities, Corporations, SME’s and Professionals
16
2020 AUGUST
  • Microsoft Global partner
  • Letters of interest
  • €4.2m signed AI contract with Optoelectronica
17
2020 NOVEMBER
  • €3m EU grant application submitted via our partners who €1.4m in place as part of the application
18
2020 DECEMBER / APRIL
  • Build on hold mainly due to Covid-19 lockdown and cold weather
19
2021 FEBRUARY
  • Approval for €3m EU grant
20
2021 MARCH
  • Notification of EU grant delay due to Covid-19
21
2021 APRIL
  • Covid-19-related restrictions slowed the build project through staff restrictions, supply chain delays and a number of other factors
  • Notification of further delays to EU grant due to COVID-19
  • Commenced planning for AITECH token
22
2021 MAY

Solidus Ai Tech Limited established

  • Secured agreements to help build the foundations of AITECH token
  • Launch strategy Tokenomics finalised
23
2021 JUNE
  • Whitepaper content written and website build commenced
  • Recruited social media marketing experts to help establish a strong online community
24
2021 JULY
  • Refinements made to all communication materials
25
2021 AUGUST
  • Final checks to website infrastructure; website content planned
  • Social Media channels launched
  • Start to grow the AITECH community
  • Pre-registration page live
26
2021 SEPTEMBER / OCTOBER
  • Proposed AITECH launch date
  • Finalising ICO Platform to go live
  • Community incentives go live
27
2021 OCTOBER / DECEMBER
  • Whitepaper and website go live
  • AITECH ICO platform live
  • Funds raised by private, pre and public token sale
28
Q1 2022
  • Project marketed across all platforms
  • Promotional 3D HD video live
  • Launched on ICO listing platforms
  • Appointed new Advisors to the team
  • Hired Client Liaison Manager
  • Created new strategic Partnerships
  • Released Youtube interviews with founder
  • Begun discussions with Exchanges & Launchpads for potential listings
  • Certik Smart Contract audit completed
  • Assigned Crypto Asset Rating to rate our ICO
  • Attended various Crypto and
  • Blockchain events in Dubai
29
Q1 2022 Continued
  • Press releases published
  • Videos of YouTube influencers reviewing our project published
  • Commenced initial discussions with Institutions, Venture Capitalists and Family Offices regarding investment
  • Maintained regular communication with our community via AMAs & Quizzes
30
Q2 2022
  • Project marketed across all platforms
  • Work commenced on our on our Claim, Vesting and Staking portals
  • Released Bitcoin.com Podcasts with founder
  • Attended more Crypto and Blockchain events in Dubai
  • Began supplying Crypto Asset Rating full information on our project in preparation for our rating
  • Appointed new Advisors to the team
  • Videos of YouTube influencers reviewing our project published
  • More Press releases published
  • Hired Spanish Client Liaison Manager
  • Determine which Exchanges & Launchpads we will be listing on
  • Maintain regular communication with our community via AMAs & Quizzes
  • Solidity Finance Smart Contract audit completed
31
Q3 2022
  • Marketing across all platforms
  • Attended World Blockchain Conference in Singapore
  • Attended Community NFT & Metaverse conference in Las Vegas
  • Interviews with key opinion leaders
  • Multiple exchange listings agreed and paid for
  • New Globally recognised advisors joined the team
  • Regular communication with our community via AMAs & Quizzes
32
Q4 2022
  • First order placed to purchase AI
  • HPC Servers, cabinets and materials
  • Attended World Metaverse Show in Dubai
  • Partnership announced with Metaverse giants Galaxy Arena
  • Awarded the official CertiK KYC Gold badge
  • Twitter Spaces with The Crypto Roundtable Show
  • Attended Sir Anthony Ritossa’s 20th Anniversary Global Family Office Investment Summit
33
Q4 2022 Continued
  • Launch on multiple launchpads (tbc)
  • Launch on DEX Uniswap (tbc)
  • Launch on CEX (tbc)
  • AITECH token claim portal live
  • Staking platform live for AITECH tokens
  • Marketing across all platforms
  • Additional AITECH token listings on exchanges
  • Regular communication with our community via AMAs & Quizzes

Token Sale Dates

Presale Period

Start date: May 09, 2022
End date: Oct 11, 2022

IEO

Start date: Jul 29, 2022
End date: Nov 01, 2022

IDO

Start date: Oct 26, 2022
End date: Oct 26, 2022

IDO

Start date: Aug 18, 2023
End date: Aug 21, 2023

IDO

Start date: Aug 18, 2023
End date: Aug 18, 2023

IDO

Start date: Aug 31, 2023
End date: Aug 31, 2023

Token Allocation

Total Token Supply 2,000,000,000 AITECH

Token distribution


Seed - 14.72%
Private - 11.78%
Pre-public - 12.50%
Public - 1.00%
Marketing - 10.00%
Liquidity & staking - 12.00%
Strategic / Ecosystem - 18.00%
Play2Earn - 5.00%
Team - 10.00%
Advisors - 5.00%

Project team

Paul Farhi
Paul Farhi
Founder & Head of UK Operations
Paul Farhi linkedin-team
Adrian Stoica
Adrian Stoica
Founder & Head of International Operations
Adrian Stoica linkedin-team
Alexandru Galusca
Alexandru Galusca
Chief Strategy Officer
Alexandru Galusca linkedin-team
Catalin Dumitrescu
Catalin Dumitrescu
Chief Technology Officer
Catalin Dumitrescu linkedin-team
Marius Opran
Marius Opran
Technical Advisor
Marius Opran linkedin-team
Cristian Dobrota
Cristian Dobrota
Blockchain Team Leader
Cristian Dobrota linkedin-team
Dr. Ing. Alexandra Enuica
Dr. Ing. Alexandra Enuica
Research & Development Director
Dr. Ing. Alexandra Enuica linkedin-team
Will Dyer
Will Dyer
Head of Business Development
Will Dyer linkedin-team
Jamie Fuentes
Jamie Fuentes
Client Liaison Manager
Jamie Fuentes linkedin-team
Enrique Davila
Enrique Davila
Spanish Client Liaison Manager
Enrique Davila linkedin-team
Tom Buswell
Tom Buswell
Head Of Design
Tom Buswell linkedin-team
Umar Khokhar
Umar Khokhar
Client Support Manager
Umar Khokhar linkedin-team
Anamaria Popa
Anamaria Popa
Marketing Manager
Anamaria Popa linkedin-team
Rares Lucaci
Rares Lucaci
Community Manager
Rares Lucaci linkedin-team
Adrian Stan
Adrian Stan
Human Resources Manager
Adrian Stan linkedin-team
Cristian Vasilachi
Cristian Vasilachi
Business Development Manager
Cristian Vasilachi linkedin-team
Cosmin Sclipcea
Cosmin Sclipcea
Blockchain Specialist
Cosmin Sclipcea linkedin-team

Advisors

Herbert R Sim
Herbert R Sim
Strategic Advisor
Herbert R Sim linkedin-team
Madalin Dumitru
Madalin Dumitru
Cyber Security Advisor
Madalin Dumitru linkedin-team
Ian Scarffe
Ian Scarffe
Advisor
Ian Scarffe linkedin-team
Jason Hung
Jason Hung
Asian Markets Advisor
Jason Hung linkedin-team
Simon Cocking
Simon Cocking
Fundraising & PR Advisor
Simon Cocking linkedin-team
Timo Trippler
Timo Trippler
Fundraising Advisor
Timo Trippler linkedin-team
Ian Staley
Ian Staley
Advisor
Ian Staley linkedin-team
Priti Upadhyay
Priti Upadhyay
Blockchain Technology Advisor
Priti Upadhyay linkedin-team
Anurag Yadav
Anurag Yadav
Strategy and Ecosystem Advisor
Anurag Yadav linkedin-team

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