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How AITECH describes itself:

Solidius AI (AITECH) is an integrated platform that combines high-performance computing infrastructure with a blockchain-based ecosystem for AI services. Its core is an eco-friendly 8,000 sq. ft. High-Performance Computing (HPC) data centre in Europe, providing the raw computing power for AI and computational tasks.

AITECH serves as the project's governance and medium of exchange token, used for:

• Medium of Exchange for Services: AITECH pays for all services on the platform, from renting cloud GPU hours to purchasing AI software or datasets.
• Deflationary Mechanism: AITECH features a deflationary model—5-10% of every transaction or service fee in AITECH is automatically burned (permanently destroyed), reducing the total supply over time.
• Staking and Rewards: Token holders can stake their AITECH (lock it in the platform’s staking contract) to earn rewards. Staking rewards come from a portion of the ecosystem’s fees, allocating some transaction fees to a rewards pool instead of burning them all.
• Governance (DAO): AITECH also functions as a governance token, giving holders a voice in the project’s future. Solidus AI Tech operates a DAO (Decentralized Autonomous Organization) model for certain decisions, allowing token holders to vote on proposals.