The cryptocurrency {industry} has no scarcity of funding alternatives within the type of new applied sciences. But, sadly, not every little thing is profitable after the preliminary breakout stage. This is the case with numerous meme cash and copycat tasks. As a consequence, an investor within the blockchain {industry} finds himself in a troublesome place when selecting a ample funding that may really carry him a severe ROI.
At the present stage of technological development, synthetic intelligence (AI) has attracted the eye of individuals all around the world. Today, it is greater than only a buzzword; it is a key driver of engagement and funding. Aside from just a few AI-based or AI-inspired crypto tasks, none have had as large an impression as Solidus AI Tech. After elevating tens of millions of {dollars} along with his first IDO, let’s check out how this venture went from relative obscurity to full-fledged success.
First, let me introduce what Solidus AI Tech is.
Solidus AI Tech is a know-how firm that has been lively since 2017 with the intention of fixing the disaster of high-performance computing assets primarily in Europe. It goals to attain its aim by constructing a number of information facilities and launching a wave of HPC infrastructure. The firm provides infrastructure-as-a-service and goals to turn into a number one identify within the democratization of AI.
Solidus AI Tech: Entry stage
The {industry} first discovered in regards to the venture in 2021, when it was nonetheless largely secret. The workforce has adopted a fantastic idea that arouses curiosity and engages a related viewers within the {industry}. The first replace shared by the Solidus workforce was in regards to the other ways you’ll be able to take part within the blockchain.
information middle
Solidus AI Tech has clarified traders’ ideas about information facilities and the way it may be a superb funding. As an innovator in constructing information facilities and distributed cloud techniques, Solidus AI Tech is driving the transition from centralization to decentralization. Therefore, Solidus AI performs a key position within the adoption of blockchain know-how within the public sector. As a consequence, individuals might be free to make use of and pay for sure AI providers.
cloud computing providers
When it involves cloud computing and every kind of hosted providers obtainable on the Internet, Solidus AI has developed a mannequin to ease the adoption of AI in {industry}. Here’s an summary:
Software as a Service
Platform as a Service
This is a now well-known enterprise mannequin, the place the supplier is liable for offering the {hardware} and software program instruments for app growth. However, the distinction on this case is that the answer is hosted on the aforementioned supplier’s infrastructure. This mannequin eliminates the necessity for a lot of customers to put in and use in-house {hardware} and software program to perform duties that actually take minutes.
Infrastructure as a Service
This venture is constructing a mannequin to offer digital computing providers, so it’s instantly associated to Solidus AI Tech’s merchandise. This permits Solidus to offer advantages similar to simplifying a corporation’s workloads in a simple and quick manner. The function of IaaS supply is to optimize enterprise processes and make them extra environment friendly.
First impressions of Solidus AI Tech
At the preliminary stage, Solidus AI Tech selected to develop by way of strategic collaborations throughout the {industry} and all over the world. Paul Farhi, founding father of Solidus Technologies, selected his safety firm, Cyber Smart Defense, to make sure the safety features of the venture. This was adopted by a sequence of spectacular partnerships with a number of the main corporations in numerous features of the blockchain and crypto {industry}.
Cloud Create is a number one cryptocurrency advertising and marketing firm. Sinofy Group is a China-based firm that helps know-how corporations broaden their footprint within the Asian market. CertiK is a well known blockchain auditing and safety enhancement agency within the cryptocurrency advertising and marketing {industry}. Simon Cocking is a senior editor at Irish Tech News and former editor-in-chief of CryptoCommonwealth. UltimVR: 3D and VR knowledgeable Metaverse, who develops and deploys Solidus AI Tech, and his NFT market MetaGamz, is a pioneering firm that created the world’s first Metaverse devoted to 3D and VR video games. Karmaverse: A metaverse-based sport world combining GameFi and SocialFi Born to Die is his exceptional P2E sport that leverages AI in a 3D metaverse. Game Boy is a high-end, revolutionary platform developed by Monster Labs as an aggregator. Samurai: An spectacular metaverse and gaming world created by Samurai Games Deccubate is his incubator for distinguished startups targeted on rising applied sciences. ChainGPT is a cutting-edge language mannequin containing incubator platform. HyperGPT is his well-known and cutting-edge GPT-3.5 language mannequin.
Solidus safety parts
Blockchain fanatics and traders steer clear of shady tasks that lack safety, social, and companions. Having all three in place has allowed Solidus AI Tech to make a meteoric rise. With safety features in thoughts, let’s check out the way it bought pre-approved and have become a significant revolutionary blockchain venture excellent for funding in a brief time frame.
It all began when Solidus AI Tech partnered with CertiK, a reputed firm and blockchain auditor. But Solidus did not simply full his KYC and different safety checks with CertiK. He subsequently acquired six totally different badges. First, Solidus has acquired full validation standing from the blockchain safety regulator and audit checks have been efficiently accomplished.
After passing all of the steps of the KYC course of ready by CertiK, Solidus obtained the Gold KYC badge. Since then, he has acquired two extra badges and is featured as a prime venture on the CertiK safety leaderboard. Formal validation of CertiK Skynet and his ERC-20 has additionally been carried ahead by Solidus, which is why it’s within the prime 10% of tasks on the watch listing. Since then, Solidus has been in a position to appeal to numerous high-profile investments from enterprise capitalists sometimes.
Main use instances of Solidus AI Tech
Once formally launched available on the market, Solidus is greatest identified for utilizing distributed techniques and high-performance computing energy to offer 4 sorts of providers: These 4 providers are:
Blockchain-as-a-Service (BaaS) Artificial Intelligence Market Artificial-Intelligence-as-a-Service (AIaaS) The Power of High Performance Computing (HPC)
Currently, many new traders and potential backers are confused that this venture goals to resolve computing issues by itself. So let’s clarify what is going on on behind the scenes at Solidus to know the large image.
What’s nice about Solidus AI know-how?
High-end pc assets similar to CPU, HPC, RAM, HD house, and high-speed web connections are Solidus AI Tech’s specialty. Initially, Solidus AI Tech would be the sole useful resource supplier, however primarily based on security laws and ecosystem stake possession, we’re contemplating together with extra customers as useful resource suppliers.
Supercomputers are more and more being utilized by companies, governments, small companies, and professionals to develop new merchandise, pace product growth, and cut back prices.
They present compatibility with present techniques by way of IaaS providers and permit purchasers to hire digital house inside an information middle whereas configuring configurations and guidelines by way of a administration interface.
Solidus AI Tech provides straightforward deployment directions that streamline your complete means of server set up, upkeep, and administration.
Solidus AI Technology Solution
In Bucharest, Europe, Solidus AI Tech has already accomplished the development of an information middle and is able to begin establishing its HPC infrastructure. Once this stage is over, European corporations may have quick access to supercomputing capability throughout the EU.
Take a take a look at the industry-specific options provided by Solidus AI Tech.
Reduce HPC working prices.
Large-scale adoption of HPC providers is at the moment hampered by excessive working prices. Fortunately, Solidus AI Tech’s HPC information middle in Bucharest has entry to cheaper electrical energy and quicker web than the nationwide common. The venture’s mental property may also allow the gear to function 40% extra effectively than {industry} requirements.
Implementing information safety
Cloud-based HPC purposes must transmit massive quantities of information. This could pose some safety dangers. Fortunately, the cybersecurity protocols utilized by Solidus AI Tech have military-grade encryption to guard consumer information. In the article above, we already shared how CertiK, a sizzling safety firm, granted permission to Solidus.
Reduce efficiency points
To meet on a regular basis wants, HPC providers depend on agile cloud know-how, which is an issue in lots of components of the world. As a consequence, Solidus AI Tech provides unparalleled pace by leveraging his cloud-based HPC providers, low costs, and proprietary IP software program.
Addressing sustainability challenges
Training AI fashions makes use of massive quantities of power, leading to a major improve in CO2 emissions. Solidus AI Tech’s HPC construct makes use of the most recent know-how and helps you energy off or change nodes to avoid wasting power. Installing just some can have a huge effect in your group in the long term.
What about ITEC?
AITECH cash can be utilized for issues like staking and accessing providers. This token can be utilized to pay for providers by professionals, small companies, enterprises, governments, and Metaverse/Play2Earn corporations.
Here is the entire listing:
Staking: To reward customers with AITECH tokens and permit them to generate passive revenue, Solidus AI Tech plans to introduce a staking pool. Once the platform is totally deployed, these tokens will be capable to be used to buy AI providers.
Coin Burn: After the funding spherical is accomplished, the Solidus workforce plans to burn the remaining AITECH tokens. In addition, he burns a number of the tokens that different prospects used to pay for providers as soon as each three months. Over time, attempt to cut back the circulating provide by half.
Token lockup: Smart contracts lock up tokens assigned to groups and builders for 36 months. Only a small portion of the tokens might be obtainable on the annual anniversary of the launch date.
Solidus IDO success
Solidus AI Tech just lately accomplished its first extremely profitable preliminary DAO service in partnership with 4 totally different platforms. The schedule was launched to the neighborhood a number of weeks in the past by way of official social channels similar to Twitter and Telegram. When IDO lastly passed off, Solidus took mere seconds to be tagged as offered out by numerous incubation platforms.
Here are some reassuring statistics it’s best to find out about IDO:
Solidus IDO efficiently raised over $140,000 from supporters on Enjinstarter. The whole quantity raised on ChainGPT is estimated to have exceeded $160,000. The Deccubate neighborhood was ready so as to add an extra $120,000 to the overall. Seedify was in a position to increase a complete of $290,000 for IDO. At Trustswap, he raised $100,000 for the Solidus AI Tech IDO.
The subsequent final result of this venture is a number of listings on prime cryptocurrency exchanges scheduled for August twenty eighth.
Final judgment by {industry} consultants
From the data above, it is clear that Solidus is the winner, whether or not it is efficiency, safety, profitability, or market demand. This is why we had probably the most stellar IDO ends in the crypto {industry} in a very long time. Blockchain consultants imagine that there is no such thing as a doubt that Solidus will shortly develop and broaden after going public, and is more likely to turn into a significant IaaS blockchain venture.