Solidus AITECH HPC data centre infrastructure will run highly efficient algorithms (Full Information)

13 min readDec 22, 2021

#cryptocurrency #solidusaitech #cryptoinvestment #blockchain #investment #cryptocurrencyinvestment

introduction

Solidus AITECH Limited were established in January 2021 as the Artificial Intelligence arm of the parent company Solidus Technologies. Solidus AITECH 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 organizations working on complex AI projects requiring high computing power. Aiming to provide Megacorps, Governmental Authorities, SME’s and Professionals with unparalleled sources of computing power. Planning to establish major AI HPC data centers in Bucharest and in the future plan to build additional data centers across Europe.

PROBLEM

SOLUTION EUROPEAN FUNDING A significant problem is the lack of European HPC facilitiesin the global top 10. The EU consumes one-third of HPC resources while only producing 5% of computer power. European scientists and engineers rely on expensive U.S. supercomputing facilities more than those in the EU by a factor of 10

SOLUTION

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.

EUROPEAN FUNDING

We have been approved for an EU Grant of €3.5m via our joint venture partner Soft Galaxy International to go towards the completion of our Artificial Intelligence infrastructure, where Government Authorities, Megacorps, SMEs, and Professionals will be able to purchase AI services via our Infrastructure-as-a-Service (IaaS) platform.

ARTIFICIAL INTELLIGENCE

In the AI market, there is currently insufficient capacity; a lack of high-quality data; limited availability of AI capabilities; a lack of AI competence centres that can ensure technology dissemination; and poor awareness of the opportunities that AI can bring to the real economy. Over time, AI should quickly prove to be of great benefit to the economy. In the short term, AI is currently designing highly efficient travel with deeply AI-infused vehicles that are already being built and sold. AI is effectively being used to design highly efficient transportation from the ground up whilst minimizing production costs. In the future, traditional travel companies that do not embrace this technology will likely get left behind because of the high production costs along with many other factors. North America has the largest investment into AI, while Europe has one of the lowest.

VISION

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 are planning to establish large eco-friendly AI GPU data centres in Bucharest, and, in the future, we plan to build additional data centres across Europe. Our vision at Solidus Ai Tech is simple yet profound. We want to build truly efficient data centres that can ful fil the desire for computing power in the global market. We will completely transform the way computing activities are managed and performed when combined with scalable tools to assist developers in securely delivering and monetising their applications. Most important, after lowering computation costs, some applications such as CGI rendering, scienti fic calculation, and machine learning will become more accessible. One of our priority objectives is to build energy-efficient AI GPU data centres. The Solidus Ai Tech infrastructure is versatile and has been designed to cater to Governmental Authorities, Megacorps, SMEs, and Professionals. The program establishes a peer-to-peer network among computers, allowing application administrators and users (‘requesters’) to access the resources of other users’ (‘providers’) devices. These tools can be used to finish tasks that require varying amounts of computing time and capacity. These services are currently provided by centralised cloud vendors, which are limited by closed networks, centralised payment mechanisms, and aggressively provisioning operations.

SOLIDUS AI TECH AS AN ECOSYSTEM

Solidus Ai Tech has allocated one and a half billion tokens towards the distribution of staking rewards. Purchasers of AITECH tokens are entitled to stake their tokens for a share of the pool until the (IaaS) platform goes live, at which point AITECH tokens can continue to be held, sold, or utilised to purchase AI services. The software and hardware in our data centre will deliver AI services through a customer self-service portal in which the customer selects their service and software add-ons. We aim to make purchasing AI services quick, simple and competitive. The Solidus ecosystem will include three types of users: AITECH token holders who have invested for growth, AITECH token holders who have invested for growth and also wish to purchase AI services when the (IaaS) platform goes live and the consumers who only have a demand for AI services.

COMPUTING RESOURCE PROVIDER

Solidus Ai Tech is responsible for providing the high-end computing resources that they own. This includes details such as CPU, GPU, RAM, HD space, high-speed (low-latency) Internet connection etc, as well as the types of services they can deploy. These can be anything from full VMs to dockerbased microservices, deeply trained neural networks to simple code snippets, or any technology of the future. In the initial stages, Solidus Ai Tech will be the only resource provider. In addition, we are working on a model where we can add other participants as resource providers based on the multilevel safety standards they deploy and the amount of stake they own in our ecosystem. Governmental Authorities, Megacorps, SMEs and Professionals have become increasingly reliant on the power of supercomputers to invent innovative solutions, reduce costs, and decrease time to market for products and services. To meet those needs for a highly increasing market, Solidus Ai Tech will be one of the first private companies in the world ready to deploy HPC in a very flexible manner. This is done by allowing our customers to rent virtual space in our data centres as part of our IaaS offering using a strong administrative panel in which they can configure their own setup and networking policies, offering native interoperability with their existing infrastructures.

GOVERNMENT ENTERPRISE BLOCKCHAIN SOLUTION

Using its full stack of enterprise tools, Solidus Ai Tech 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: • Asset Management • Smart Contracts for Health Care • Voting • Taxation • Supply Chain Traceability • Land Registration •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.

ABOUT AITECH TOKEN

Solidus Ai Tech is introducing its ERC-20 token (AITECH) that allows its investors to stake their tokens and earn rewards. Government Authorities, Megacorps, SMEs and Professionals requiring AI services can access discounts on computing power supplied through our IaaS platform if they choose to utilise our AITECH token to purchase services. 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.

BURN PROGRA

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 until 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.

TOKEN SALES AND DISTRIBUTION

Token Name: AITECH

Token Ticker: AITECH

Restricted Jurisdiction: USA

Accepted Currency: USDT, BTC, ETH

Eligibility: Subject to KYC

Token Sale Stages: Three

Tokens being sold: 4 billion

Total Supply: 10 billion

Decimals: 18

Token Type: Ethereum, ERC-20

Public Sale Start Date: 01–01–2022

Public Sale End Date: 30–04–2022

Public Sale Price: 1 AITECH = 0.012738

CROWDFUNDING: TOKEN SALE PLAN

The total token supply is 10,000,000,000 AITECH tokens, which are distributed through three rounds of investment: private sale, pre-sale, and public sale.

PRIVATE SALE:

Start Date: 18–11–2021

End Date: 31–12–2021

Fundraising: $5.1m

Token Pricing: $0.006369

Minimum Investment: $1000

Maximum Investment: $250000

PRE-SALE:

Start Date: 01–01–2022

End Date: 28–02–2022

Fundraising: $12.23m

Token Pricing: $0.010190

Minimum Investment: $1000

Maximum Investment: $50000

PUBLIC SALE:

Start Date: 01–03–2022

End Date: 30–04–2022

Fundraising: $25.47m

Token Pricing: $0.012738

Minimum Investment: $1000

Maximum Investment: $25000

TOKEN ALLOCATION

FUND MANAGEMENT

Funds raised in USDT, Bitcoin and Ethereum will be managed by a legal entity. Details about the legal infrastructure and its governance will be published before the token sale campaign starts. The purpose of the legal entity will be to conduct protocol R&D.

FUND ALLOCATION

$ 37,965,312 GPUs

$ 2,407,211 Other Data Center Cost

$ 1,685,250 IAAS Platform

$ 412,549 HPB Cabinets

$ 134,820 Wages & Commissions

$ 67,410 Marketing

$ 27,638 Legal Fees

STAKING

Solidus will distribute the pro fits evenly to all investors staking their tokens up until our (IaaS) platform is live. The pro fit accrued will be based on each investor’s holding. AITECH token holders will maximise the value of their tokens by staking for an efficient factor (EF). A user’s EF will be directly proportional to the amount of AITECH tokens that are staked multiplied by the number of months (m). Staking will occur via smart contract. While staked, AITECH tokens cannot be traded, sold, or used in any way. To stake AITECH tokens, users must submit a request and wait for a certain amount of time. Users can reclaim all staked tokens.

DISTRIBUTION OF STAKING REWARDS

AITECH tokens will be used to redistribute rewards to the token stakers who helped to complete the data centre and (IaaS) platform. The aim is to generate circa 7.5% APYup until the (IaaS) platform is live. At this point, it must be noted that returns on the token depend on a multitude of factors, such as market conditions, market risk, token performance, etc. In line with this, we do not guarantee or promise any return or APY It is important to note that the AITECH token is designed and intended to be a utility token only and not a security token. Therefore, any direct or indirect references to the AITECH token being a security token are entirely incorrect. The staking duration and the APY are subject to change. The APY details, the timeframe, and the distribution mechanism will be communicated in more detail as the project approaches its launch. Once the staking pool expires and the IaaS platform goes live, we will then offer rewards to stakers via the staking pool token allocation and the revenue generated from the AI services sold. The APY is to be confirmed.

Roadmap

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

Q1 2018

Submitted planning application to build the Data Centre

Q2 2018

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 GPUs and the necessary materials for set-up

Q3 2018

Mining rigs installed in the secure facility
Our Ethereum (ETH) mining rigs went live
Land purchased to build the data centre
Submitted planning application for data centre build
Additional mining GPUs and materials purchased

Q4 2018

Additional mining hardware installed and live in the secure facility
Planning application approved
Data Centre building project out for tender to building contractors

Q1 2019

We agreed to move forward with [building company] Building on hold because of cold weather

Q2 2019

Data centre build commenced
Entire area levelled
Plumbing and electrical installation

Q3 2019

Framework build
Roof build

Q4 2019

All external design features installed

Q1 2020

Fire safety system installed and checked
External build final checks External build completed
Quartz floor installed

Q2 2020

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
Zoom meetings with Governmental Authorities, Megacorps, SME’s and Professionals

Q3 2020

Microsoft Global partner
Letters of interest
€4.2m signed AI contract with Optoelectronica

Q4 2020

€3.5m EU grant application submitted via our partners who €1.4m in place as part of the application
Build on hold mainly due to Covid-19 lockdown and cold weather

Q1 2021

Approval for €3m EU grant
Notification of EU grant delay due to Covid-19

Q2 2021

Covid-19 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
Solidus AITECH Limited established
Secured agreements to help build the foundations of AITECH token
Launch strategy Tokenomics finalised
Whitepaper content written and website build commenced
Recruited social media marketing experts to help establish a strong online community

Q3 2021

Refinements made to all communication materials
Final checks to website infrastructure; website content planned
Social Media channels launched
Start to grow the AITECH community
Pre-registration page live
Proposed AITECH launch date
Finalising ICO Platform to go live
Community incentives go live
Community incentives in place
Option available to stake AITECH

Q4 2021

Whitepaper and website go live
AITECH ICO platform live
Funds raised by private, preand public token sale

Roadmap 2022

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 Blockchainfor 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

Founders:

Mr Paul Farhi (Founder & Head of UK Operations)

Paul is a passionate Business professional and has helped set up the strategy and direction for Solidus. He was instrumental in getting the Technical Partner Soft Galaxy onboard. He networked extensively to successfully secure the initial investments for Solidus. He leads all the Strategic Communication with the key partners and vendors such as Soft Galaxy. Paul also watches over the daily Ethereum Mining operations. Leading the strategic planning, Paul identified key areas of growth in the Artificial Intelligence field and added them to the business offering. He will be overseeing the overall Marketing efforts of Solidus

Mr 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.