Solidus Ai Tech Price

Solidus Ai Tech (AITECH) is a multifaceted project that seeks to revolutionize the access and use of High Performance Computing (HPC) in Europe and beyond, leveraging blockchain technology and artificial intelligence. It was launched in 2021 and operates on the BNB Smart Chain (BEP20) platform. The project aims to tackle the significant shortage of HPC data centers in Europe, which historically led to reliance on expensive U.S. facilities. Solidus Ai Tech aspires to offer unmatched speed, lower costs, and higher efficiency with its large data centers located in Europe​​.

The platform offers a wide range of services, including Artificial Intelligence-as-a-Service (AIaaS), Blockchain-as-a-Service (BaaS), an AI marketplace, and the provision of HPC power, all powered by the AITECH token. This token plays a crucial role within the ecosystem, facilitating transactions, offering discounts on services, and acting as a payment gateway for licensing AI and blockchain services​​​​.

Solidus AI Tech is built with a focus on sustainability, employing green computing technologies and efficient algorithms to minimize energy consumption and carbon footprint. Its HPC data center in Bucharest is designed to be eco-friendly, leveraging green energy sources and advanced cooling technologies to operate more efficiently than the industry standard. This approach not only reduces operating costs but also aligns with global climate goals​​.

The AITECH token is an integral part of the Solidus Ai Tech ecosystem, with a variety of use cases, including discounts on the IaaS platform, participation in an AI marketplace, and staking rewards. Furthermore, the project plans to introduce a Play2Earn Metaverse game, “Rise of AITECH,” which will utilize the AITECH token for player rewards, adding another layer of utility and engagement within the platform​​.

Solidus Ai Tech (AITECH) operates as a comprehensive ecosystem that provides High Performance Computing (HPC) resources powered by artificial intelligence and blockchain technology. The platform's functionality is built around several core components, including its AI platform, government blockchain solutions, and vulnerability monitoring platform, all supported by the AITECH token. Here's a closer look at how it works:

1. AI Platform: At its core, Solidus Ai Tech offers an AI Platform that handles complex, computation-intensive data analysis tasks, serving governmental authorities, corporations, SMEs, and professionals. This platform is designed to provide customizable solutions, allowing users to effortlessly select resources and software add-ons from Solidus's state-of-the-art data center, thereby facilitating efficient and tailored computing solutions​​.

2. Government Blockchain Solutions: Solidus Ai Tech provides a suite of blockchain solutions for the public sector, including smart contracts, asset management, identity management, and process automation. The platform ensures secure and controlled access to sensitive information and maintains the integrity of transactions and processes, enhancing efficiency and streamlining operations in the public sector​​.

3. Vulnerability Monitoring Platform: The platform employs a highly secure protocol for automatically discovering assets within the data center, enhancing the security of network infrastructure by operating independently of traditional identification methods like IP or MAC addresses. It adheres to NATO-compliant standards, prioritizing security measures to support the safeguarding of sensitive information​​.

4. Expansion into the Metaverse and Play2Earn Gaming: Solidus Ai Tech is also developing its Play2Earn Metaverse game, “Rise of AITECH,” supported by its HPC data center. The game will feature proprietary NFTs and utilize the AITECH token for player rewards, further diversifying the token's use cases within the ecosystem​​.

Solidus Ai Tech (AITECH) was officially launched in December 2017. It was founded by Paul Farhi and Adrian Stoica. Paul Farhi, with a background in property and fine art markets and investments in the cryptocurrency and blockchain space since 2015, partnered with Adrian Stoica, the owner of Soft Galaxy International, to pivot their business towards mining Ethereum initially. This collaboration led to the foundation of Solidus Technologies and, eventually, the pivot to focusing on Artificial Intelligence, leading to the establishment of Solidus Ai Tech​​​​​​.

Paul Farhi has a diverse entrepreneurial background, initially starting in property and fine art markets before moving into the cryptocurrency and blockchain arena. His venture into Bitcoin mining eventually led him to explore Ethereum mining with Adrian Stoica, setting the stage for forming Solidus Technologies and, later, Solidus Ai Tech.

Farhi’s expertise in raising funds and networking significantly contributed to the project's development. Adrian Stoica brings a strong technical background, especially in AI, cybersecurity, military/defense systems, blockchain technology, and e-government, making him a pivotal figure in the technical direction of Solidus Ai Tech​​.

The following are the key use cases for the $AITECH token:

1. Payment Gateway: AITECH acts as a payment gateway for accessing services offered by Solidus Ai Tech, such as Artificial Intelligence-as-a-Service (AIaaS) and Blockchain-as-a-Service (BaaS). It streamlines transactions within the platform, facilitating smooth access to these high-demand computing services​​.

2. Access to High Performance Computing (HPC) Services: Clients use AITECH tokens to procure HPC power, essential for tasks requiring significant computing resources, like AI projects, data analysis, and more. This usage underscores the token's role in enabling and democratizing access to computing power​​.

3. Discounts on Infrastructure-as-a-Service (IaaS) Platform: Using AITECH tokens can give clients discounts on the platform's IaaS offerings. This incentivizes the adoption and use of the token within the ecosystem, offering tangible financial benefits to users​​.

4. AI Marketplace Transactions: The development of an AI marketplace allows software developers to launch their applications via a profit-share agreement. In this marketplace, AITECH serves as a medium of exchange, enabling transactions and facilitating the distribution of AI applications​​.

5. Staking Rewards: Solidus Ai Tech plans to introduce staking pools, where token holders can earn rewards in additional AITECH tokens. This not only provides an incentive for holding onto the tokens but also helps to secure the network and validate transactions​​.

6. Play2Earn Gaming: As part of its expansion into the metaverse and gaming, AITECH tokens will be used to reward players in Solidus Ai Tech’s own Play2Earn game. This integrates the token into the gaming experience, providing real value to the players and further extending the $AITECH token utility​​.

7. Deflationary Mechanism: A portion of the AITECH tokens received from transactions within the platform will be burned, reducing the total supply over time. This deflationary mechanism supports the token's value by decreasing supply, encouraging long-term growth and stability​​.

8. Trade AITECH on KuCoin: Trade Solidus Ai Tech coin against other cryptos on the KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell AITECH or HODL if you believe in the future potential of Solidus Ai Tech project and other AI-blockchain projects, but only after you DYOR.