SOLIDUS AI TECH, the team behind the world’s first deflationary Artificial Intelligence (AI) infrastructure utility token, has announced the launch of the $AITECH token starting August 18th at 5:00 PM UTC on the TrustSwap Launchpad.
Introducing SOLIDUS AI TECH
SOLIDUS has successfully constructed an environmentally conscious, state-of-the-art High-Performance Computing (HPC) Data Centre spanning over 8,000 square feet and strategically situated in a highly secure European location. In conjunction with this remarkable achievement, Solidus is now poised to unveil their new $AITECH utility token.
$AITECH will serve as a payment gateway for licensing Artificial Intelligence as a Service (AIaaS), Blockchain as a Service (BaaS), and accessing HPC resources via their Infrastructure as a Service (IaaS) platform.
The Artificial Intelligence sector is rapidly growing and advancing. $AITECH is positioned to become a leading cryptocurrency in this sector that can be utilized to purchase a wide range of valuable data services.
The SOLIDUS HPC Data Centre is based in Bucharest, Europe which has low electricity costs and fast internet speeds so they can offer high-quality services at very competitive rates. Metaverse and Web3 projects will be able to purchase HPC power using the $AITECH token which can reduce fees as they will not need to liquidate to fiat to purchase computing power.
SOLIDUS AI TECH Ecosystem
HPC Services Provider
With the AITECH token, users can acquire and utilize high-performance computing (HPC) power at competitive rates, unlocking exceptional computing capabilities for their AI projects.
AI Services Provider
Users will have the opportunity to leverage a range of revolutionary AI applications via the SOLIDUS AI TECH Infrastructure as a Service (IaaS) platform.
DAO Governance
DAO members utilize the tokens through decentralized decision-making, enabling actions such as creating staking pools, transferring tokens between EVM chains, and rewarding stakers. The DAO fund empowers the community to make collective decisions.
AI Marketplace
The SOLIDUS AI Marketplace is a dynamic platform empowering developers to showcase their cutting-edge AI applications and participate in lucrative profit-sharing opportunities.
Business Model
The infrastructure provided by SOLIDUS AI TECH is highly versatile and purposefully designed to cater to Governmental Authorities, Corporations, SMEs, and Professionals, as well as Metaverse and Play2Earn projects. $AITECH will serve as a payment gateway for licensing Artificial Intelligence as a Service (AIaaS), Blockchain as a Service (BaaS), and accessing HPC resources via their Infrastructure as a Service (IaaS) platform. Solidus have a deflationary token economy where 5-10% of tokens used to obtain any of the services on their platform will be systematically removed from the supply. Solidus will serve Web2 and Web3 organizations with fiat to AITECH or USDT, BUSD, BTC or ETH to AITECH payments. A portion of the profits generated from Solidus services will be used to scale the data center up to full capacity. Once at full capacity, the team will look to build additional data centers in strategic European locations and internationally.
$AITECH Token Utility
To leverage the capabilities of the SOLIDUS AI TECH ecosystem, individuals and businesses need to utilize $AITECH, the utility token that fuels the platform. $AITECH grants users access to all of the services available on the platform while providing holders with a range of advantages, such as the ability to trade on multiple exchanges, participate in staking and farming activities, and enjoy voting rights in our DAO Governance platform.
Token utility includes:
- Payment for Artificial-Intelligence-as-a-Service, Blockchain-as-a-Service, and High-Performance Computing Power
- Reward the most popular AI applications in our Artificial Intelligence marketplace
- Rewards for locking up tokens on our staking platform
- DAO governance with voting power proportional to tokens staked
Token is launching on BSC chain.
Roadmap
Meet The Team
Adrian Stoica – FOUNDER & HEAD OF TECHNOLOGY & DEVELOPMENT
Adrian, the President of Optoelectronica and founder of Soft Galaxy, is driven by a mission to leverage his expertise in hardware and software to usher in a new era of computing and data processing worldwide. With his extensive network and deep involvement in the AI industry, Adrian maintains close collaborations with government entities. As an IT management consultant with global experience, he brings a wealth of expertise in consulting, general management, leadership, entrepreneurship, and business development. Adrian possesses a broad industry exposure, with notable emphasis on artificial intelligence, cybersecurity, military/defense systems, blockchain technology, and e-government. Notably, Adrian specializes in the intricate realm of “techno politics” and alternative models of governance. His focus lies in exploring applications and decentralized architectures for public administration and e-government, unveiling innovative approaches to enhance efficiency and transparency. As a founder of an international software engineering company, Adrian actively spearheads the development of artificial intelligence solutions and blockchain technology advancements.
Paul Farhi – FOUNDER & HEAD OF INTERNATIONAL OPERATIONS
Paul has diligently cultivated a strong network and played a pivotal role in securing the partnership between Solidus and Soft Galaxy International. A visionary thinker, Paul was quick to recognize the transition of Ethereum from proof-of-work to proof-of-stake, signaling the end of mining as the future for Solidus Technologies. Consequently, he embarked on extensive research into the realm of Artificial Intelligence. In addition to his involvement with Solidus, Paul also possesses a Fine Art Company that is earnestly exploring the potential of the NFT space. Furthermore, he oversees the comprehensive marketing endeavors of Solidus Ai Tech, exemplifying his multifaceted approach to business.
Catalin Dumitrescu – CHIEF TECHNOLOGY OFFICER
Catalin’s comprehensive understanding of software development, combined with his expertise in emerging technologies like Blockchain and AI, allows him to devise innovative solutions and strategies that optimize efficiency, productivity, and overall organizational performance. His proactive approach and commitment to staying abreast of the latest industry trends make him an invaluable asset, as he continually explores new avenues to leverage technology for the benefit of the organization and its stakeholders.
Learn More
Click the links below to learn more about SOLIDUS AI TECH.
Token Offering Details
Tokenomics
Secure Launch Process
To ensure a smooth launch, the SOLIDUS AI TECH team has agreed to:
- Have their domain fully SSL certified one week prior to the launch date.
- Have their domain protected by Cloudflare and share the proof with TrustSwap prior to the launch date.
- Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
- Add no less than $100,000 of liquidity immediately upon DEX listing.
- Distribute tokens to launchpad participants within one hour of exchange listing.
- Lock liquidity within 3 hours of listing for no less than 60 days.
- Provide the timeline for token distributions and distribute tokens within a one-hour window of the agreed-upon time.
- Lock 75% or more of team & dev fund tokens for a minimum of thirty days on http://team.finance/ within 6 hours of funding DEX liquidity.
- Have at least one community moderator on each social platform (Twitter, Discord, etc.) actively available 24 hours a day for the first 7 days following the launch.
Participation and Allocation
This Launchpad offering is for a Public Round allocation of the $AITECH token. Anyone who wants to join can apply, but application does not guarantee an allocation.
As always, anyone with a $SWAP Staking Score of at least 4,000 can receive a guaranteed allocation provided that individuals (and entities) pass KYC (jurisdictional restrictions apply). Token allocation will be split up among eligible participants proportionately based on their percentage of the total combined Staking Scores. Any unclaimed allocations after the initial funding round will be offered to those who might otherwise be ineligible.
Visit the TrustSwap Dashboard to check your staking score. You can add more SWAP and/or increase the duration of your stakes at any time to increase your Staking Score. To learn more about Staking Scores and the TrustSwap Long-Term Staking Pool (LTSP), read our comprehensive blog post.
Step-By-Step Guide
Prepare for Launch Day by ensuring that your SWAP stakes are topped up before the snapshot. You can also complete your KYC in advance.
- On August 18th, 2023, at 5:00 PM UTC, the application window will open for 24 hours. During this time, go to the TrustSwap Launchpad and click the “Start” button to apply. The snapshot will be taken at 5 PM UTC on August 19th, 2023 (24 hours after the Launch event begins).
- Complete all of the steps required for KYC verification. This can be done in advance at any time for free in just a few minutes. To save time on launch day, complete your KYC registration now.
- On August 19th, 2023, at 5:00 PM UTC, the application portal will close, and a snapshot will be taken of all active SWAP stakes. There will then be a waiting period of up to 48 hours as the SOLIDUS team finalizes internal processes.
- Successful applicants will receive an email confirming their total allocation (the maximum amount they are allowed to contribute to the token offering) and asking how much they wish to contribute. Individual allocations will be either the full allocation or the pledged amount, whichever is lower.
- You will have 24 hours to send funds. After 24 hours, your position will be given to the next in line, and you will lose it. Payments must be sent in USDC or USDT on either Ethereum (ERC20), BSC (BEP20), or Polygon (MATIC) blockchain.
- Any tokens that are unclaimed after the initial funding round may be offered to those who applied successfully but were not eligible for guaranteed allocations.
How To Prepare
- Based on the requirements set for a guaranteed allocation, stake your $SWAP tokens in the Long-Term Staking Portal before the snapshot on 8/19/2023 at 5:00 PM UTC.
- Take a photo of your government-issued ID card (Passport, Drivers License, or any other form of government-issued ID card that has your photo in it).*
- Take a selfie of yourself holding the ID card along with a note that reads: “AITECH 2023”.*
- Make sure to follow the TrustSwap Announcement channel for updates and confirmations.
- Submit your details and documents at any point during the 24-hour launch window at https://dashboard.trustswap.org/app/launchpads.
Note: Steps 2 and 3 are not necessary if you have an active KYC registration. You can save time by pre-registering at https://dashboard.trustswap.org/app/sekuritance.
Who Can Participate in the $AITECH Token Offering?
Anyone not domiciled in the USA or UN-sanctioned countries can participate in the $AITECH Public Round token offering.
Disclaimer: Launchpad dates and details are subject to change. This is not an endorsement, partnership, or offer for investment by TrustSwap. SOLIDUS AI TECH is using the TrustSwap Launchpad as a customer, with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.