NextRX rolls out Joint Campaign
The year 2017 sees a veritable explosion of ICOs or Initial Coin Offerings. The term mimics IPOs or Initial Public Offerings where companies start to sell shares to the public. The difference is that currently the ICO market is largely unregulated since payments are made in cryptocurrencies like Bitcoin, Ether or Litecoin.
Some startups raise huge sums in exchange for newly created cryptocurrencies.
NextRX is once again positioned to be at the forefront of this incredible development by the launch of its RXChange reward system. The cryptocurrency that underlies what has been called our Miles High rewards club.
NEXTRX ROLLS OUT JOINT ICO CAMPAIGN
LOS ANGELES, Calif., Jan.2nd., 2018 – NextRX, the patient pass and rewards program used by 16,000 patients, is proudly announcing two crowdfunding campaigns to scale it’s mobile platform and network. Investors and backers have the option of buying an equity stake, or fueling the company through a 1 Ether purchase of a limited edition RXChange medallion.
NextRX is a system built to provide patients with a simple and secure way to access, pay and be rewarded across the highly fragmented world of independent medical marijuana dispensaries.
“We’re on a mission to fundamentally enhance the MMJ patient experience” said Ralf-Rainer von Albedyhll, founder of NextRX. “Through its speed and convenience the RX-System let’s patients - whether medical or recreational - easily check in to their favorite dispensaries while making their purchases rewarding with a stoner proof currency that is easy to understand and use and is not tied to any particular store. That’s a game changer.”
The reward system is based on a new cryptocurrency called RXChange (RXC) which can be used for purchases at network dispensaries when the new system is rolled out in late 2018. With no complex conversions, expiration dates, or value changes, RXChange will have a fixed valuation of 1 point equating to 1 cent.
von Albedyhll created NextRX to solve a pain point among MMJ patients: the hassle of registering at each new dispensary- not just because of the inconvenience of additional paperwork but also because of the fragility of patient privacy being stored in multiple places with varying degrees of security and confidentiality.
The NextRX Joint campaign will end on January 15th 2018. Backers funding the company through the purchase of RXChange medallions will also receive a bonus of 5,000 RXChange points.
System Re-Development Starts
With adequate funding in place NextRX begins the process or recreating the RX-System. The new system must be secure, fast, reliable and scalable.
Jul 4 2018
Limited Roll-out In California
We start the roll-out of the new RX-System on a very limited basis with a small number of dispensaries in California. They become the first locations to award and redeem RXChange.
After the inevitable bugs have been squashed the time has come to roll-out the Rewarding Membership Network all over the state.
Expanding on the Continent
What's good for patients in California is also good for them in the rest of the country and Canada.
Global Patient Rewards
Based on experience gained in north America we plan to roll out the system to other places around the world where cannabis has been legalized to create the global Rewarding Membership Network.