Tokens.com Secures $1 Million Robot Supply Contract

Rhea-AI Summary

Tokens.com (TSX-V: COIN, OTCQB: SMURF) has announced a $1 million contract through its subsidiary, Realbotix, to supply AI-enabled humanoid robots for a new amusement park on the U.S. West Coast. Signed on April 30th, this deal involves providing both moving and static robotic characters for eight scenes within the park. Realbotix will also offer design consultation. The project will span 12 to 18 months and aims to deliver highly realistic and engaging performances. The robots are built using Realbotix’s modular design system, focusing on quality and innovation. Tokens.com is unique in incorporating AI and robotics for entertainment, education, and healthcare.

Positive

• Secured $1 million contract, increasing revenue.
• Collaboration with a new amusement park, expanding market reach.
• Provision of both moving and static robots, showcasing product versatility.
• Commitment to a 12-18 month timeline, indicating project duration and potential future earnings.
• Offering design consultation services, adding value to the contract.
• Use of proprietary modular robotic design system, highlighting technological innovation.
• Focus on quality and innovation, likely to enhance brand reputation.
• Unique position in the market as a public company integrating AI and robotics for diverse sectors.

Negative

• Project spans 12-18 months, delaying immediate revenue realization.
• Dependence on the successful implementation of a single $1 million contract.
• Potential risks in meeting high expectations for quality and innovation.
• Long project duration may tie up company resources, limiting other opportunities.

TORONTO--(BUSINESS WIRE)-- Tokens.com Corp. (TSX-V: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a technology company focused on building AI-integrated humanoid robots, is pleased to announce that its wholly-owned subsidiary, Realbotix, a leader in AI enabled robotics and animatronics, has signed a contract on April 30th, to supply a myriad of robotic characters for a new amusement park located on the West Coast of the United States with a minimum order size of $1 million.

Realbotix will provide both moving and static characters, spanning across eight captivating scenes within the theme park. These lifelike robots will serve as the heart and soul of the park, captivating visitors with their realism and engaging performances. The robots will be built using Realbotix’s proprietary modular robotic design system.

Realbotix will additionally provide design consultation for the amusement park. The project, with a starting budget of $1 million, is slated to unfold over the course of 12 to 18 months, with an emphasis on quality, innovation, and attention to detail. Realbotix is committed to pushing the boundaries of possibility, ensuring that each robotic character exceeds expectations and contributes to an unforgettable theme park experience.

“Realbotix’s goal is to revolutionize the landscape of entertainment through next-generation humanoid robotics that can interact with humans in realistic ways,” said Matt McMullen, President of Tokens.com “We are excited to bring these visionary characters to life and are thrilled to embark on this groundbreaking venture with our partners”.

Tokens.com is one of the only public companies that integrates the use of AI and robotics designed specifically for entertainment, education, and healthcare. To learn more visit www.tokens.com

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.

Visit Tokens.com to learn more.

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Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240514378646/en/

Tokens.com Corp.



Andrew Kiguel, CEO

Email: contact@tokens.com



Jennifer Karkula, Head of Communications

Email: contact@tokens.com

Telephone: 647-578-7490

Source: Tokens.com Corp.

FAQ

What is the value of the contract Tokens.com secured for its robotics supply?

Tokens.com secured a $1 million contract through its subsidiary, Realbotix.

What is the timeline for Tokens.com's $1 million robotics project?

The project is expected to unfold over 12 to 18 months.

What is the role of Realbotix in the new amusement park project?

Realbotix will provide moving and static robotic characters and design consultation.

When was the contract for the amusement park robotics signed?

The contract was signed on April 30th.

Which subsidiary of Tokens.com is handling the AI-enabled robotics project?

The project is being handled by Realbotix, a subsidiary of Tokens.com.

What is unique about Tokens.com's market approach?

Tokens.com integrates AI and robotics for entertainment, education, and healthcare.