The cryptocurrency {industry} has no scarcity of funding alternatives within the type of new applied sciences. But, sadly, not all the pieces is profitable after the preliminary breakout stage. This is the case with numerous meme cash and copycat tasks. As a end result, an investor within the blockchain {industry} finds himself in a tough place when selecting a adequate funding that can really carry him a critical 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. Other than just a few AI-based or AI-inspired crypto tasks, no different undertaking has had such a big impact. Solidus AI Tech. After elevating tens of millions of {dollars} together with his first IDO, let’s check out how this undertaking 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 realize its purpose by constructing a number of information facilities and launching a wave of HPC infrastructure. The firm gives 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 realized concerning the undertaking in 2021, when it was nonetheless largely secret. The group has adopted a terrific idea that arouses curiosity and engages a related viewers within the {industry}. The first replace shared by the Solidus group was concerning the other ways you may take part within the blockchain.
information middle
Solidus AI Tech has clarified traders’ ideas about information facilities and the way they could be a good 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 function within the implementation of blockchain know-how within the public sector. As a end result, folks shall 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 out there 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 answerable 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 undertaking is constructing a mannequin to offer digital computing providers, so it’s immediately associated to Solidus AI Tech’s merchandise. This permits Solidus to offer advantages comparable to simplifying a corporation’s workloads in a straightforward 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 inside 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 facets of the undertaking. This was adopted by a sequence of spectacular partnerships with a few of the main firms in varied facets 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 firms develop their footprint in Asian markets.
- 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 consultants engaged on creating and deploying Solidus AI Tech Metaverse and NFT Marketplace
- MetaGamz is a pioneering firm that created the world’s first devoted Metaverse for 3D and VR video games.
- Karmaverse: A metaverse-based gaming world combining GameFi and SocialFi
- Born to Die is a exceptional AI-powered P2E sport within the 3D metaverse.
- Game Boy is a high-end, revolutionary platform developed by Monster Labs as an aggregator.
- Samurai: An spectacular metaverse and sport world created by Samurai Games
- Decubate is a distinguished startup incubator targeted on rising applied sciences.
- ChainGPT is a state-of-the-art language mannequin that features an incubator platform.
- HyperGPT is the favored and most superior GPT-3.5 language mannequin.
Solidus safety parts
Blockchain fans and traders keep away from 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 facets in thoughts, let’s check out the way it acquired pre-approved and have become a significant revolutionary blockchain undertaking good for funding in a brief time period.
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 obtained six completely different badges. First, Solidus has obtained 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 obtained two extra badges and is featured as a prime undertaking 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 record. Since then, Solidus has been in a position to entice numerous high-profile investments from enterprise capitalists on occasion.
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 kinds of providers: These 4 providers are:
- Blockchain as a Service (BaaS)
- Artificial Intelligence Marketplace
- Artificial Intelligence as a Service (AIaaS)
- The energy of excessive efficiency computing (HPC)
Currently, many new traders and potential backers are confused that this undertaking goals to unravel computing issues by itself. So let’s clarify what is going on on behind the scenes at Solidus to grasp the large image.
What’s nice about Solidus AI know-how?
High-end pc assets comparable to CPU, HPC, RAM, HD area, 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 rules and ecosystem stake possession, we’re contemplating together with further customers as useful resource suppliers.
Supercomputers are more and more being utilized by companies, governments, small companies, and professionals to develop new merchandise, velocity product growth, and cut back prices.
They present compatibility with present techniques by way of IaaS providers and permit purchasers to lease digital area inside an information middle whereas configuring configurations and guidelines by way of a administration interface.
Solidus AI Tech gives simple deployment directions that streamline all the 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 firms may have easy accessibility to supercomputing capability inside the EU.
Take a have a look at the industry-specific options supplied 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 sooner web than the nationwide common. The undertaking’s mental property may also allow the gear to function 40% extra effectively than {industry} requirements.
Implementing information safety
Cloud-based HPC functions have to transmit giant quantities of knowledge. 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 elements of the world. As a end result, Solidus AI Tech gives unparalleled velocity by leveraging his cloud-based HPC providers, low costs, and proprietary IP software program.
Addressing sustainability challenges
Training AI fashions makes use of giant quantities of vitality, leading to a major enhance in CO2 emissions. Solidus AI Tech’s HPC building makes use of the most recent know-how and helps you energy off or exchange nodes to save lots of vitality. Installing just some can have a big impact 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 firms.
Here is the whole record:
staking: In order to reward customers with AITECH tokens and permit them to generate passive earnings, Solidus AI Tech plans to introduce a staking pool. Once the platform is totally deployed, these tokens will be capable of be used to buy AI providers.
coin burn: After the funding spherical is accomplished, the Solidus group plans to burn the remaining AITECH tokens. In addition, he burns a few 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 shall be out there 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 completely different platforms. The schedule was launched to the group a number of weeks in the past by way of official social channels comparable to Twitter and Telegram. When IDO lastly passed off, Solidus took mere seconds to be tagged as offered out by varied incubation platforms.
Here are some reassuring statistics you need to learn 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 group was ready so as to add a further $120,000 to the full.
- Seedify was in a position to elevate a complete of $290,000 for IDO.
- Trustswap raised $100,000 for Solidus AI Tech IDO.
The subsequent end result of this undertaking is a number of listings on prime cryptocurrency exchanges scheduled for August twenty eighth.
Final judgment by {industry} consultants
From the above info, whether or not it’s a matter of efficiency, safety, profitability or market demand, Solidus Turns out to be a winner. This is why we had essentially the most stellar IDO ends in the crypto {industry} in a very long time. Blockchain consultants imagine that there isn’t any doubt that Solidus will rapidly develop and develop after going public and can are likely to turn into a significant IaaS blockchain undertaking.