KuCoin AMA With Solidus AI Tech (AITECH)— Powering the Future of AI through the HPC Data Center

Dear KuCoin Users,

Time: March 21, 2024, 12:00 PM -1:49 PM (UTC)

KuCoin hosted an AMA (Ask-Me-Anything) session featuring the Founder of Solidus AI Tech, Paul Farhi, in the KuCoin Exchange Group.

Official Website: https://aitech.io/

Whitepaper: https://docs.aitech.io/

Follow Solidus AI Tech on Twitter and Telegram

Q: Let's kick off by getting an overview of AITECH. Could you provide a brief description of your project?

Paul: Solidus has successfully constructed an environmentally conscious, state-of-the-art High-Performance Computing (HPC) Data Centre spanning over 8,000 square feet. This facility is strategically situated in a highly secure European location. In conjunction with this remarkable achievement, Solidus is set to unveil the world's pioneering deflationary AI infrastructure utility token, known as AITECH. This token will serve as a payment gateway for accessing services of the Artificial intelligence & GPU Marketplace.

AITECH, as the core token fueling the Solidus AI Tech ecosystem, presents a comprehensive solution for procuring all services available on the platform. In addition to facilitating token payments, Solidus offers the convenience of accepting traditional payment methods. The conversion of fiat currency transactions to AITECH occurs seamlessly on the backend, with the entire process conducted on the Blockchain utilizing AITECH tokens.

Q: What does AITECH's roadmap look like for the next 12-24 months? Could you highlight some key milestones and objectives?

Paul: Roadmap 2024

● Launching a combination of seed, private & public sales via AITECH Pad

● Additional CEX Listings

● Continue to Build our Community

● Forge Partnerships with Projects Requiring HPC Power

● AITECH Pad Incubation Program Launched

● Launching VC Arm AITECH Labs

● BiSwap Liquidity Pool Launch

● GPU Market Place Launched

● AI Market Place Launched

● Interior or Data Centre Complete

● $250M Market Cap Achieved.

This is the roadmap set in January for the next 12 months and I’m proud to say that we’ve completed part of it already and nearly reached our set market cap of 250 M this year last week. Which gives me confidence in the release of our core products. We can easily cross the 500M market cap mark this year.

Q: AITECH's launchpad seems like an exciting aspect. How does the team plan to utilize it to support upcoming projects? And what criteria do you consider when selecting projects?

Paul: Rightly said, Launchpad is exciting and a very strategic move from us to keep our community engaged and interested while our main products are under their development cycle. The Launchpad is a great opportunity for our community and investors to partake in supporting projects before their listings. AITECH Pad supports these projects by providing them with exposure and raising funds through our community of investors who believe in us and the projects we present to them.

As we have a data center under development and HPC services to provide, when considering projects we first look at how they can be integrated with our company in the future when our services are live so our focus is on AI and GameFi projects, but that doesn’t mean we leave the good projects out from our community, hence we cater to most projects, but they are onboarding with very strict due diligence and a thorough review of their tokenomics.

Q: Building a vibrant community is crucial in the crypto space. What strategies does AITECH have in place to foster community growth and engagement?

Paul: Great question, we’ve got an amazing marketing team of individuals who come up with the strategies. We take part in several cross-marketing campaigns with our partners throughout the year. We host our own campaigns in the community to keep them engaged. I believe the best way to grow an audience is through partnerships as this helps the other project community to learn about us and vice versa.

In the past we’ve done staking pool campaigns with TaskOn and Galxe, which have huge audiences and massive participation which help with interaction with our platforms and also people to deep dive in our project. We’re also planning to announce another staking pool campaign very shortly, so stay tuned and join our telegram announcement channel to hear it first when live.

Q: Partnerships often play a significant role in a project's success. Can you tell us about any partnerships or collaborations AITECH has secured to further its growth and development?

Paul: Of course, we’ve secured several partnerships along the way and are partnered with over 60+ Web3 companies that we vision to be using our services when operational.

We have also been accepted in the Nvidia Inception Program, and they will be connecting us to VC’s to further develop our data center whilst also look towards building additional data centers in different continents once this one is completed.

Q: AITECH's approach to technology and innovation is intriguing. How does the project differentiate itself from others in the crypto space in these aspects?

Paul: We differentiate from other projects because we have built a physical asset that is the data center to provide services. I don’t see any other project having that.

Q: Shifting focus to AITECHPad, what's the pipeline looking like for the coming months?

Paul: The pipeline is looking pretty strong. We have 8 projects signed up to launch in the following months. Which have very strong backers and partners, bringing our community quality projects to invest in. The projects are a mixture of AI and GameFi hence also aligning with our focus to offer them HPC services down the line hence, supporting the AITECH Ecosystem.

Q: For those interested in participating on AITECHPad, could you explain how one can get involved? Additionally, are there any strategies in place to grow the user base, such as implementing a referral system?

Paul: Of course, to participate on AITECHPad:

1. Sign up and Register here.
2. Stake $AITECH to get a tier
3. KYC yourself
   
   AITECH Pad offers 6 tier levels Base, Bronze, Silver, Gold, Platinum and Diamond. To earn a tier, users must stake AITECH tokens.

● Base Tier : 2000+ points

● Bronze Tier: 4,000+ points

● Silver Tier: 40,000+ points

● Gold Tier: 100,000+ points

● Platinum Tier: 200,000+ points

● Diamond Tier: 400,000+ points

There are several strategies, we have a KOL network of over 500+ Influencers who promote the launchpad and the launches. We are promoted on dextools, blockchain.com, bscscan, ethscan and CoinGecko. Hence user acquisition is good. We are currently at 15.3x Avg ATH ROI. Hence user’s choose us, to participate in new launches

Additionally,

● AITECH Pad Stats

● 69,000+ registrations

● 10,000 + KYC'd with Tiers

Q: With the launch of your eco-friendly HPC Data Center and the AITECH token, how will Solidus incentivize developers to join your AI software marketplace and contribute to a thriving AI ecosystem?

Paul: We will offer profit-sharing arrangements to the developers who upload their application for use on the marketplace, which will be incentivizing for them depending on the use of the app.

Q: Solidus AITECH is building an infrastructure as a service (IaaS) platform, but I would like to know what kind of customer is interested in the services they offer? Do these customers have to pay in their native token or could they pay for their services in fiat currency?

Paul: Good question, this service is usually of interest to businesses. For example, ChainGPT runs the models of their AI applications using Amazon or Google Cloud. We can offer the same when our servers are live.

Customers can choose to pay in AITECH or Fiat but it will be converted to AITECH tokens regardless and a portion of it will be burnt to increase the demand of the token.

Q: What are the benefits of holding your token as a long term investment? Can you tell us about the motivation and benefits for investors to keep your token in the long run?

Paul: The benefit of keeping our tokens in your portfolio now for the long term will be answered on Friday through an announcement on our socials stay tuned! Just can't hint to anyone who holds now will be rewarded because of an introduction of a new program.

Q: In the rapidly evolving landscape of blockchain technology, what sets your project apart from others? How do you envision staying ahead of the curve in this competitive space?

Paul: We will have an actual business that will provide the revenue to run and continue whilst the token will be utilized by B2B and B2C for using our platforms and services.

We are also not just a launchpad, hence our attention is on our core products, and when live; they will have a real world use which will not just be dependent on the market sentiment.

Q: Tell me, do you believe that in the near future your products will incorporate the hot trends of staking and NFT technology?

Paul: We already do have a staking platform live and a total staked amount of 150M+, providing handsome APR's.

The NFT technology is of our interest, and we are how to innovatively introduce it to integrate seamlessly with our offerings, but again will be announced by us, so the best would be to join the announcement channel to stay informed.

🎁 Participate in the Solidus AI Tech AMA quiz now for a chance to win $10 in AITECH!

The form will remain open for five days from publishing this AMA recap.

KuCoin and Solidus AI Tech have prepared a total of $2,000 in AITECH to give away to AMA participants.

1. Pre-AMA activity: $800 in AITECH

2. Free-ask section: $50 in AITECH

3. Flash mini-game: $400 in AITECH

4. Post-AMA quiz: $750 in AITECH

Sign up for a KuCoin account if you haven’t done so yet, and ensure you complete your KYC verification to be eligible for the rewards.

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