$AITX big news out today: June 29, 2022 (GLOBE NEW
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Posted On: 06/29/2022 11:25:02 AM
$AITX big news out today: June 29, 2022 (GLOBE NEWSWIRE) -- 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.”
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.”
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