$AITX Supports Ukrainian Humanitarian Efforts with NFT

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$AITX Supports Ukrainian Humanitarian Efforts with NFT Sale

https://www.globenewswire.com/news-release/20...-Sale.html

Detroit, Michigan, March 08, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that it has created two ways to raise money for Ukrainian humanitarian relief. The Company has minted a non-fungible token (NFT) and CEO Steve Reinharz has created a GoFundMe campaign.

The new NFT is an image of ROAMEO, produced by Robotic Assistance Devices (RAD), a wholly owned subsidiary of AITX. This image is covered in blue and gold, the national colors of Ukraine with a Bird of Peace shown on the security robot’s touch screen. Funds will be raised through an NFT auction of a single unit of the Ukrainian ROAMEO image.

The NFT auction is prominently displayed on the newly launched stevereinharz.com. This new website focuses on charitable causes, technological developments, and other projects important to Reinharz.

The Ukrainian ROAMEO NFT auction is online at https://tinyurl.com/ym2hpnef

“I speak for everyone here at AITX and the RAD subsidiaries that we strongly condemn the unprovoked Russian invasion of Ukraine,” said Steve Reinharz, CEO of AITX and founder of RAD. “We support the Ukrainian people’s right to freedom, self-determination, sovereignty, and peace. I hope that the funds we raise through the NFT auction, or the GoFundMe campaign helps the Ukrainian civilians that are being displaced or injured by this appalling conflict.”

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.

The GoFundMe campaign created by Reinharz is an alternative to the NFT auction where members of the security and facilities industry may make donations. “AITX and RAD will continued to lead the way in our industries and challenge the status-quo. There’s no reason why we shouldn’t explore utilizing NFTs to generate awareness, and we’re certainly not going to sit on our hands as a humanitarian crisis is occurring.”

Reinharz’ GoFundMe campaign for Ukrainian Humanitarian Support can be found online at https://tinyurl.com/5h3xc6dz

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