In late September of 2014, Due to an across the board reduction in force, Staff Sergeant Elliot Hedman, after more than 13 years of service, was no longer an active duty member of the United States Air Force. Now as the Founder and CEO of The ReXistance, he once again rises to the challenge, introducing CoinRaQ and XI token representing innovation, creativity and vision within the crypto community.
The challenge coin, a physical token, is an integral part of team building, esprit de’ corps, and organizational identity. It tells a story, It signifies the mission, the vision, and the core ideology of an organization or individual. It symbolizes unity, loyalty, and is a source of pride for all those who carry it. Without words, the challenge coin relates to where you have been, what you have accomplished, and with whom you have come to know and always remember. These coins are the embodiment of mutual respect and are signs of continuing solidarity.
Steve Jobs took all of your music and put it in your pocket, CoinRaQ does the same with your challenge coins. CoinRaQ is designed to take the ordinary challenge coin, couple it with amazing new technology, and then provide its users with a truly revolutionary physical and digital experience.
Imagine having all of your history, all of your memories, and all of your challenge coins available for presentation anywhere and at any time.
The CoinRaQ application is built to support individual and organizational challenge coin creation, customization, production, sale and distribution. It also functions as a search-able catalog and coin database, complete with digital representations of every physical coin created with individual and organizational global leader boards.
CoinRaQ really shines in providing monetization and promotion services to large organizations, especially non-profit entities. Every challenge coin produced by CoinRaQ will have the option of carrying trademark and copyright protection. The intention is be the only name spoken when it comes to challenge coins and related promotional materials.
Why wade into the world of cryptocurrency and not just operate as a traditional business? The technology behind cryptocurrency and the blockchain has game changing implications for a sales revenue generating entity. It is a movement that champions open source development, transparency, decentralized cooperative structures, and the forward motion of peer to peer initiatives.
As a result, the Xi token has been created operating as the default coin of The ReXistance and will be a big portion of its digital footprint. The XI token has been implemented on top of the NXT Monetary System and is one of the features of the NXT second generation blockchain.
Anyone with XI tokens can utilize the NXT trust-less decentralized ledger, which is completely free from a third party. NXT includes a powerful ecosystem and features such as a decentralized marketplace and an asset exchange to allow for a revolutionary and transparent economy.
The initial package offering began on 30 May 2015 and will end on 30 July 2015. They will be accepting pre-orders of their trademarked, custom, limited edition physical challenge coin. These limited edition coins will be numbered sequentially and discontinued after the offering closes.
The package also includes 2500 XI tokens as added value in preparation for future gains on the market. The amount of tokens awarded for item purchases will be significantly reduced after the close of the initial offering phase.
CoinRaQ is also utilizing an Affiliate Program in lieu of offering bounties allowing customers and non-purchasing supporters alike to get something back for their efforts. Commissions equal to 25% of the package cost upon successful sale coming through user referral links are being paid out using PayPal for the traditionalists and Coinbase for the cryptocurrency initiated.
The ReXistance is a business entity registered in the state of Arizona and licensed to conduct commerce worldwide.
The ReXistance and CoinRaQ by default, operates as a hybrid business entity. A significant portion of sales revenue will be automatically donated to charity on behalf of the community.
There are no other principle investors up to this point other than the Founder/CEO.
CoinRaQ is not alone, up until recently, X-I Records was limited to operating as a project in perpetual development. This is no longer the case. That all changed due to a chance conversation with one of the lead developers of a cryptocurrency that drew the ire of a popular, mainstream hip/hop recording artist last year. Within a week of that conversation, X-I Records released the single, “Haters” featuring its recently signed artist Mr4Twenty.
The song was created not just for that one developer, but for the entire movement with the intent of using music, a true universal currency, to carry a message to all corners of the world.
In conclusion, CEO and Founder, Elliot Hedman, The ReXistance, CoinRaQ, and x-I Records are bringing a new, revolutionary, and refreshing dynamic to the world of digital currency that unfortunately is suffering due to the lack of coins or currencies that have any sort of meaningful value. CoinRaQ has quietly registered over 250 sales and paid the qualifying affiliates during the first month of the pre-order period. All of this in preparation for the beta launch of the platform, token release, and physical challenge coin distribution set to commence on 1 August 2015.
Challenge Coins are just the beginning…
A Message from the CEO:
“A special thank you goes out to all of the men in women who have served and are currently serving, in any capacity civilian or military, to make this world a better place”
Elliot Hedman – Founder/CEO The ReXistance, CoinRaQ, and X-I Records
Skype ID: hedmaned