AITX Launches NFT Based on RAD's Best-Selling and Award-Winning ROSA
June 29, 2022 (Globe Newswire)
EQNX::TICKER_START (Other OTC:AITX),(OTC US:AITX), EQNX::TICKER_END Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that it will soon be launching a non-fungible token (NFT) program. The initial release of the NFT program is based on ROSA, a security robot produced by Robotic Assistance Devices (RAD), a wholly owned subsidiary of AITX.
All digital artwork was created in-house by AITX's team of graphic designers. The NFT celebrates ROSA, RAD's best-selling device which like the NFT is also unique. The Company expects to announce several large-scale orders and deployments over the coming months and years.
"I am so excited to finally share this project. It was touted as being unique, and I do guarantee it will be fun," said Steve Reinharz, CEO of AITX. "I can also guarantee that this will open some new doors for AITX and the community."
An NFT is an asset verified using blockchain technology, in which a network of computers records transactions and gives buyers proof of authenticity and ownership. The current boom is mostly for digital assets, including images. NFTs make digital artworks unique, and therefore sellable.
"If we can build upon the tremendous energy that's present today within the AITX community and embrace the NFT, I plan on filing a formal document with FINRA that would include a royalty as part of the next NFT's roadmap," Reinharz added. "This alternative funding method has the potential to significantly change how companies might raise capital while sharing benefits with the investors, without resorting to traditional venture capital, banking or the issuance of additional shares."
Sales of NFTs skyrocketed to more than $17 billion in 2021, according to a report from NFT data company Nonfungible.com, up 21,000% from 2020â?²s total of $82 million. The most popular category of NFTs remains collectibles, which accounted for $8.4 billion worth of sales.
Purchasers of the ROSA NFT will own a blockchain verified unique piece of technological art based on a one-of-kind security solution that is taking the security services and property management (#PROPTECH) industries by storm. It was announced in late February 2022 that RAD was preparing to build 1000 ROSA units in support of recent increases in demand.
To review additional details regarding the rollout of the ROSA NFT, please visit www.aitxnft.com, and be sure to subscribe to the AITX Community Discord at https://discord.gg/aitx
AITX has filed for uplisting to the OTCQB. Future announcements will be made regarding the status of the OTCQB application.
Read More: https://investorshangout.com/post/view?id=643...z7Xcs4fEXW
June 29, 2022 (Globe Newswire)
EQNX::TICKER_START (Other OTC:AITX),(OTC US:AITX), EQNX::TICKER_END Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that it will soon be launching a non-fungible token (NFT) program. The initial release of the NFT program is based on ROSA, a security robot produced by Robotic Assistance Devices (RAD), a wholly owned subsidiary of AITX.
All digital artwork was created in-house by AITX's team of graphic designers. The NFT celebrates ROSA, RAD's best-selling device which like the NFT is also unique. The Company expects to announce several large-scale orders and deployments over the coming months and years.
"I am so excited to finally share this project. It was touted as being unique, and I do guarantee it will be fun," said Steve Reinharz, CEO of AITX. "I can also guarantee that this will open some new doors for AITX and the community."
An NFT is an asset verified using blockchain technology, in which a network of computers records transactions and gives buyers proof of authenticity and ownership. The current boom is mostly for digital assets, including images. NFTs make digital artworks unique, and therefore sellable.
"If we can build upon the tremendous energy that's present today within the AITX community and embrace the NFT, I plan on filing a formal document with FINRA that would include a royalty as part of the next NFT's roadmap," Reinharz added. "This alternative funding method has the potential to significantly change how companies might raise capital while sharing benefits with the investors, without resorting to traditional venture capital, banking or the issuance of additional shares."
Sales of NFTs skyrocketed to more than $17 billion in 2021, according to a report from NFT data company Nonfungible.com, up 21,000% from 2020â?²s total of $82 million. The most popular category of NFTs remains collectibles, which accounted for $8.4 billion worth of sales.
Purchasers of the ROSA NFT will own a blockchain verified unique piece of technological art based on a one-of-kind security solution that is taking the security services and property management (#PROPTECH) industries by storm. It was announced in late February 2022 that RAD was preparing to build 1000 ROSA units in support of recent increases in demand.
To review additional details regarding the rollout of the ROSA NFT, please visit www.aitxnft.com, and be sure to subscribe to the AITX Community Discord at https://discord.gg/aitx
AITX has filed for uplisting to the OTCQB. Future announcements will be made regarding the status of the OTCQB application.
Read More: https://investorshangout.com/post/view?id=643...z7Xcs4fEXW
Robert
