We were delighted to welcome our guest from Solidus. The AMA took place on December 2nd, 2021 and our guests were @letthegainsbegin @blockchaindevelepers @silent_one128 @towerbilionaire @yaanurag.<\/p>\n\n\n\n
The total reward pool was 500$ and\nwas divided into three parts. In this AMA Recap we will try to summarize some\nof the most interesting points for you.<\/p>\n\n\n\n
Mary | Satoshi Club: <\/strong>Hello\u00a0 Satoshi Club! We are happy to announce our AMA session with Solidus!\u00a0 Welcome to Satoshi Club😀 Solidus <\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Hello\u00a0 Satoshi Club! We are happy to announce our AMA session with Solidus!\u00a0 Welcome to Satoshi Club😀<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Hello again, dear Satoshi Club\ncommunity!<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Today our\u00a0 guests are\u00a0 <\/p>\n\n\n\n @letthegainsbegin<\/p>\n\n\n\n @blockchaindevelepers<\/p>\n\n\n\n @silent_one128<\/p>\n\n\n\n @towerbilionaire<\/p>\n\n\n\n @yaanurag<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Hello and welcome to Satoshi Club ❤️<\/p>\n\n\n\n Paul: <\/strong>Hey guys<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Hello, happy to see you here 👍<\/p>\n\n\n\n Liam: <\/strong>Hello everyone<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Welcome to Satoshi Club 👏<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Let’s start our AMA guys 🚀<\/p>\n\n\n\n Liam: <\/strong>Perfect<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Nice to e-meet you<\/p>\n\n\n\n @letthegainsbegin<\/p>\n\n\n\n @blockchaindevelepers<\/p>\n\n\n\n @silent_one128<\/p>\n\n\n\n @towerbilionaire<\/p>\n\n\n\n @yaanurag<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Could you please introduce yourself\nand tell us more about Solidus 🔥<\/p>\n\n\n\n Anurag Yadav: <\/strong>Thanks, so much!!<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Hello, happy to e-meet you 👍<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Tell us please about your position\nin Solidus<\/p>\n\n\n\n Paul: <\/strong>Hi, I’m Paul<\/p>\n\n\n\n One of the\nfounders of Solidus AI Tech <\/p>\n\n\n\n A\npassionate entrepreneur and established himself as a successful investor very\nearly on in his career. His main focus was on Property and Fine Art until he\nwas introduced to Bitcoin in 2015 and since then has never looked back. During\nhis career Paul has built a solid network and was instrumental in securing the\npartnership between Solidus Technologies and Soft Galaxy international. Paul is\na forward thinker and identified very early on that Ethereum will be moving\nfrom proof-of-work to proof-of-stake which means that mining would no longer be\nthe future for Solidus Technologies and began his research into Artificial\nIntelligence. Since then he has studied Artificial intelligence at the London\nBusiness School and has identified key areas that will be significant for\nSolidus Ai Tech in the near future. Paul also owns a Fine Art Company who are\ntaking a serious look at the NFT space. Paul also oversees the overall\nMarketing efforts of Solidus Ai Tech.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>👏 great background<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>What is Solidus? Tell us about main\ngoals and milestones for your project 😀<\/p>\n\n\n\n Liam: <\/strong>Guys u happy with this <\/p>\n\n\n\n The parent\ncompany of Solidus Ai Tech Limited, \u201cSolidus Technologies\u201d were founded in\nDecember 2017 as a cryptocurrency mining firm with a particular focus on mining\nEthereum (ETH) via GPU-based mining rigs. <\/p>\n\n\n\n Before\nSolidus Technologies launched they teamed with software development company\nSoft Galaxy International. Soft Galaxy assisted the establishment and\nmaintenance many large-scale cryptocurrency mining projects throughout Europe. <\/p>\n\n\n\n Solidus\nTechnologies raised around $5.7 million via their network<\/p>\n\n\n\n of\ninvestors during the cryptocurrency market downturn of 2018.<\/p>\n\n\n\n The bulk of\nthe investment was used to GPU\u2019s to mine Ethereum.<\/p>\n\n\n\n During the\nfinancial crash of April 2020, the demand for AI services rose significantly\ndue to COVID-19 restrictions. Across every industry, the adoption of AI has\nexceeded predictions for growth. AI is creating new products, boosting\nrevenues, reducing costs and drastically improving efficiencies. The inexorable\nevolution of technologies has reached the point where there is an urgent need\nto solve problems with high computational requirements, the solution of which\ncannot be provided by a single computing unit. To meet these requirements,\nSolidus Ai Tech has implemented heterogeneous distributed systems of\nunparalleled computational capacity and has secured a number of partnerships\nwith governmental authorities and corporate entities. <\/p>\n\n\n\n Solidus\nTechnologies\u2019 joint venture partner, Soft Galaxy International have been\napproved via the European Union for a $3.5 million grant to help towards\ncompleting the existing data centre infrastructure and to scale up operations. <\/p>\n\n\n\n Solidus Ai\nTech Limited were established in January 2021 as the Artificial Intelligence\narm of the parent company Solidus Technologies. <\/p>\n\n\n\n Solidus\nAi Tech is building an Eco Friendly High Performance Computing (HPC) Data\nCentre & an Infrastructure-as-a-Service (IaaS) platform where Governmental\nAuthorities, Megacorps, SMEs and Professionals will be able to purchase\nArtificial Intelligence services seamlessly via the worlds first Ai utilities\ntoken AITECH token.<\/p>\n\n\n\n Anurag Yadav: <\/strong>Hi All, Anurag here. <\/p>\n\n\n\n I’m an\nEntrepreneur, sit on the Advisory Board of several Blockchain companies,\nconsult on implementing emerging technologies such as AI, Blockchain, IoT, and\nam a regular Keynote speaker at Global Technology Conferences. Have over 19\nyears of experience, have led Global Organizations. <\/p>\n\n\n\n I’m the\nCo-Founder & CEO of PrimaFelicitas, a Bleeding-edge end-to-end Blockchain\nTechnology Solutions Development Company, based in San Francisco, London, and\nNew Delhi. <\/p>\n\n\n\n I’m the\nEx-CEO of BarterTrade, a Crypto Exchange based in Dubai. <\/p>\n\n\n\n I’m an\nEngineering Graduate from the Indian Institute of Technology (IIT) and hold a\nMaster\u2019s in Business from Stanford University.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Awesome experience 👏<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks for great introduction, we\nwill have several questions selected for the Part 1. Ready to start?<\/p>\n\n\n\n Anurag Yadav: <\/strong>Sure.<\/p>\n\n\n\n Solidus Guru: <\/strong>Hi, Im Will Dyer and have worked with Solidus\nfrom 2018 to now and am now heavily involved with Solidus Ai Tech mainly on the\nmarketing side. My core skills are business development, marketing and client\nretention.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Dream team👏👏👏<\/p>\n\n\n\n Paul: <\/strong>Yes we are ready<\/p>\n\n\n\n Liam: <\/strong>The main goal is to become or of the top 10 HPC\ncentres in the world, currently their are no HPC centres in the EU that are in\nthe top 10 category even though we consume a third of the resources, we aim to\nhelp solve this problem by allowing companies in the EU to purchase their super\ncomputing power from a hpc centre in Europe<\/p>\n\n\n\n a: <\/strong>Hi, I am Adrian<\/p>\n\n\n\n Founder\n& Head of International Operations<\/p>\n\n\n\n Adrian is\nthe President of Optoelectronica and founder of Soft Galaxy. He has the mission\nto combine the expertise from two different worlds: hardware and software and\ndeliver a new generation of computing and data processing to the World. This\nwill boost the world’s technological progress into the future, opening new\ndoors for R&D, smart devices, changing the way we are currently interacting\nwith technology.<\/p>\n\n\n\n He is well\nconnected within the AI industry, and works closely with government entities.\nHe works as a Managing IT consultant with international experience and a\ncombination of consulting experience, general management experience, leadership\nskills as well as entrepreneurship and business development skills.\nValeriu-Adrian has broad industry exposure with a special focus on Artificial\nIntelligence, Cybersecurity, Military \/ Defence Systems, Blockchain Technology\nand e-government. He specialises in techno politics and alternative models of\ngovernance, with a focus on applications and decentralised architectures for\nPublic Administration and e-government. He is also a founder of an international\nsoftware engineering company, focusing on Artificial Intelligence and working\non solutions for Blockchain Technology. This makes \u201cAdrian\u201d a vital part of the\nteam.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Very ambitious 🤩<\/p>\n\n\n\n Q1\nfrom Telegram user @chinyere2020<\/em><\/strong><\/p>\n\n\n\n I learnt\nthat your Private sale which started on the 18th of November is still live. Can\nyou give more information about this Private sale? When is this Private sale\nround coming to an end? What are the requirements that interested participants\nmust meet to be able to participate? What is the price of the $AITECH token in\nthis round and what is the minimum and maximum amount of investment a single\nparticipant can deposit? I also found out that the fundraising goal in this\nround is $5.1 million. Can you tell how far you have gone at the moment? Are\nthere other sources through which Solidus will receive funds or do you depend\nsolely on the sale rounds for funds?<\/em><\/p>\n\n\n\n Liam: <\/strong>Hey I\u2019m Liam I was an advisor for the parent\ncompany solidus during the inception stages and also advised on Solidus AI\nTech. I helped raise the initial capital to get solidus technologies started. I\nhave been involved in the crypto scene for many years after my good friend Paul\nintroduced me to the market I became hooked on the possibilities of blockchain<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>thanks for the presentation<\/p>\n\n\n\n Liam: <\/strong>It is but with the centre we already have built\nit puts us in a good position to become one of the largest in Europe, so we\u2019re\nare ahead of the curve as they say<\/p>\n\n\n\n Paul: <\/strong>Hi, yes correct the private sale started on the\n18th of November and will run up until the 31st of December unless of course we\nhit the milestone before hand. The requirements are a minimum $1,000\ninvestment. The only jurisdiction we cannot accept funds from is the USA. The\nprivate sale price is $0.006369. Currently we have raised around $3 million. We\nhave an Ethereum mining set up that has been operating since 2017 so we have\nthis source of income.<\/p>\n\n\n\n Liam: <\/strong>Adrian the co founder also developed a unique\nalgorithm that is pending a patent which allows the hardware to operate faster\nwhile consuming less electricity, which means we can also do the same tasks as\nanyone else on the market but faster and cheaper<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Sounds great 👍<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Adrian is very clever👍<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>\u0421ould you tell us please about your\ntokenomics btw<\/p>\n\n\n\n Liam: <\/strong>Adrian\u2019s other companies have a number of\npatented technology, the whole team together in ai tech is very strong and in\nmy experience a good team generally leads to a successful project<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>If you won’t raise as much as you\nplanned what will happen?<\/p>\n\n\n\n Anurag Yadav: <\/strong>We have a total token supply of 10 billion, out\nof which we are selling 4 billion in our crowdfunding campaign. The remaining\ntokens are dedicated to the project with the majority being development,\nmarketing, community building. <\/p>\n\n\n\n The\ntokenomics incorporates a deflationary mechanism and includes buyback and\nburning to support the overall token growth with time.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks for sharing👍<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks for your great answers<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Are you ready for the next question?<\/p>\n\n\n\n Anurag Yadav: <\/strong>yes, please<\/p>\n\n\n\n Q2\nfrom Telegram user @Jmagsss<\/em><\/strong><\/p>\n\n\n\n Solidus\nwebsite is strictly reminding its users and investors that the $AITECH token is\ndesigned and intended to be a UTILITY TOKEN only and not a security token.\nAside from generating profits from staking and the value of the tokens itself,\nwhat are the other utilities that the $AITECH serves? Once your platform went\nfully live, can users make user of the $AITECH as form of payments or\nconsidered to be discounts? Can you please talk more about the utilities and\nfunctions of your tokens towards your products and services?<\/em><\/p>\n\n\n\n Liam: <\/strong>I don\u2019t think there will be an issue with\nraising the funds required to complete the data centre but if we were to be\nunsuccessful with the raise we have an EU grant which would allow us to\npurchase a portion of the hardware to start the partnership with Microsoft and\n\/ or another AI contract that we have pending. Profits would then be used to\nexpand the facility and purchase more hardware to scale up our data centre.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>I see, you well thought everything!\nBut i am sure that you will reach hard cap!👏<\/p>\n\n\n\n Liam: <\/strong>We think so too, it\u2019s the first token of its\nkind and a great team behind it thank you for your kind comment<\/p>\n\n\n\n Anurag Yadav: <\/strong>Yes, besides Profits and Staking. The Token has\na number of utilities and key among them being the Token being used as a means\nto access and use the AI Services. There are several discounts and payment\nplans that will get activated exclusively to token holders using the tokens on\nthe platform.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Where we can find this plans? Can\nyou share with us?<\/p>\n\n\n\n Liam: <\/strong>It may be good to add we also intend on burning\na proportion of the tokens to reduce the supply and organically increase price<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Nice idea😀<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>burning \u0456s a good idea<\/p>\n\n\n\n Anurag Yadav: <\/strong>Sure. The details are in the White Paper and\nany more details can be shared individually with interested members as well.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Thank you ☺️<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thank you very much for your answers<\/p>\n\n\n\n Anurag Yadav:<\/strong>\ud83d\ude42<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Ready for the next question?<\/p>\n\n\n\n Anurag Yadav: <\/strong>Yes, sure!<\/p>\n\n\n\n Q3\nfrom Telegram User @ProwGrowl<\/em><\/strong><\/p>\n\n\n\n Solidus\nassures to be constantly innovative and utilise new technologies that will lead\nto security growth. Solidus strategy balances the requirements to be secure,\nvigilant, and resilient with strategic objectives. The implementation of\nNATO-compliant roadmap and governance model will support security priorities in\nan era where cyber is everywhere. Does this roadmap assumes physical security\nas long as the cyber security? How well are you and your projects protected\nfrom hacking attacks? Does it also cover the protection of personal data (of\nyour users for ex.)?<\/em><\/p>\n\n\n\n a: <\/strong>I will take Q3<\/p>\n\n\n\n a: <\/strong>The physical security is compliant to Tier 4,\nwe have implemented card-based access control and real-time video surveilance\nsimilar to the IT departments of banks. The hardware inputs are disabled,\nnobody can insert an USB stick for example. There is a 24\/7 guard (gated)\nsecurity on premise as well. We also use our own AI software algo to detect\nunusual network traffic. The customers data are kept in sepparate encrypted\ndatabases.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>What about your smart contracts? Are\nthey secure?<\/p>\n\n\n\n Anurag Yadav: <\/strong>Yes, they are secured via 2 different Security\nAudits.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks for your answers<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Do you want to share security audits\nor we can proceed to the next question?<\/p>\n\n\n\n Anurag Yadav: <\/strong>Haha…you mean the audit reports? These are\nconfidential. The final passing of the Audit Test, reports will be put in the\nPublic Domain.<\/p>\n\n\n\n Q4\nfrom Telegram User @Highpee<\/em><\/strong><\/p>\n\n\n\n I saw\nthat Solidus Technologies has partnered with several companies including\nleading technology giants including Microsoft Inc, SOFT GALAXY ( a\nMultinational IT company), Crossbar FX (a foreign exchange and international\npayment services) and many others. Can you drive us through the basis of your\nrelationship with these companies and the extent of your collaborations? How\nhave you adopted the ethos and workability structure in these companies into\nSolidus and in what way will your protocol be optimised from the service\ndeliverables they offer?<\/em><\/p>\n\n\n\n a: <\/strong>I will take Q4<\/p>\n\n\n\n a: <\/strong>My group of companies (mainly focused on high\ntechnology development) teamed up with Solidus Technologies as part of a JV\ncontract to use their experience to launch our products globally. They have a\nvery good reputation and skills to take our technology to the moon. Our first\nproject together was a total success and we would like to continue in this\nformat for all our next developments. We\u2019re building one of the biggest\nsupercomputers in the world and I am proud to have them onboard in this\njourney.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>grand plans👏👏👏<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Can’t wait to see results 👍<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Thank you for your answers! Ready to\nproceed to the next question?<\/p>\n\n\n\n a: <\/strong>Sure<\/p>\n\n\n\n Liam: <\/strong>Yes<\/p>\n\n\n\n Q5\nfrom Telegram User @Pavel_Jarosh<\/em><\/strong><\/p>\n\n\n\n One of\nthe use cases raised by Solidus is medicine where you are trying to expain that\nthe most part of today\u2019s actions done in multiple medicine centres can be\navoided by personalized, tailored to exact genome reinvented medicine. From<\/em><\/p>\n\n\n\n diagnosing\nbrain tumors to deciding which cancer treatment will work best for an\nindividual, AI is positioned to drive the personalized medicine revolution.\nCould you expand of this part of Solidus studies more? The usage of AI in\nmedicine might cost billions on development stage. Does Solidus possess enough\nresourses and experience to make a revolution in this sector of daily life?<\/em><\/p>\n\n\n\n a: <\/strong>I will take Q5<\/p>\n\n\n\n a: <\/strong>First of all this is exactly our business\nmodel, our datacenter services will target the bilion dollars industries where\nwe can bring added value through innovation and help them reduce research\ncosts. The first level of service is HPC (IaaS) where the customers can rent\nour high performance computing power to speed uo their scientific research. The\nsecond level of service is to provide AI software modules to help them even\nmore so they can only focus on the inputs and the outputs. Just as an example\nwe can activate our Machine Learning tools to create a timelapse of vaccine\ndevelopment against various tulpines of viruses and we can predict the tulpine\nevolution before it starts so they can prepare the vaccines in advance instead\nof releasing several versions of vaccines which cost time and human lives.<\/p>\n\n\n\n a: <\/strong>We already deliver services to Sanofi, one of\nthe largest pharmaceutical companies in the world, once we have the operation\nin place we wil onboard them as customers.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Do you have any partnerships with\norganisations from medical industry?<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>this is a very noble and important\ndirection of your activity👏👏👏<\/p>\n\n\n\n a: <\/strong>Yes we are already working with Sanofi<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Fantastic!<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks for your answers<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Thank you for your answers! Ready\nfor the 6th and last question from this part?🔥<\/p>\n\n\n\n Liam: <\/strong>Yes<\/p>\n\n\n\n Q6\nfrom Telegram user @Asela1112<\/em><\/strong><\/p>\n\n\n\n As a\npart of volunteering program In partnership with the Ministry of Education in\nRomania, You hope to plant 128 trees around the building premises & the top\n10 national Olympic scientists will be invited to the educational award\nceremony. Can you please give a proper introduction about this plantation &\nthe award ceremony? Why did you select number of 128 trees, Is there a reason\nto select 128? When will this plantation & Ceremony take place & Where?\nCan we watch it online? What will you expect from this program, What is the\nmain purpose of these events?<\/em><\/p>\n\n\n\n a: <\/strong>I will take Q6 and Lee can take over<\/p>\n\n\n\n a: <\/strong>Since the datacenter is built in the scientific\narea of Romania (Laser Valley) where is also installed the biggest laser in the\nworld, we want to continue with our green mindset and show climate\nresponsability as we also managed to optimize the power consumption by 40%. We\ndecided to include the students because they will be the next generation of\nengineers working for us and we want to educate them towards green development.\nGPU cores are generally working on a 128-bit bus and this way we would like to\npay a tribute to the GPU-based hardware architectures which is fundamental for\nthe next generation of Artificial Intelligence.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>I see that you really care about\nnature 👍<\/p>\n\n\n\n Liam: <\/strong>Solidus is also a strong supporter of the\n\u2018Crypto Climate Accord\u2019 which is focused on decarbonising the cryptocurrency\nindustry by 2024. As Adrian has said Our data center will also run 40% more\nefficient compared to industry standards due to our IP & evaporating\ncooling methods, evaporating cooling is 80% cleaner then traditional air\nconditioning methods. The electricity costs in Bucharest are also cheaper &\ninternet speeds are faster than most countries in the EU meaning we can operate\nat lower costs and also in a more Eco friendly way then our competitors.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>friends! Please share useful links\nto your social networks with our Satoshi Clubbers<\/p>\n\n\n\n Paul: <\/strong>SOLIDUS AI TECH SOCIAL MEDIA LINKS <\/p>\n\n\n\n *Facebook:*<\/p>\n\n\n\n