holydarkness
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December 16, 2018, 07:01:57 PM |
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Can I get a help with my question, please? To conclude several of your posts above, am I correct to illustrate that several amount of APZ can be traded into RKZ, where the APZ is what we trade on marketplace, and RKZ is like... the main goal where everybody should be aiming for due to its stability? Is there any ratio of APZ:RKZ?
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Hosam Mazawi
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December 17, 2018, 09:59:57 AM |
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Can I get a help with my question, please? To conclude several of your posts above, am I correct to illustrate that several amount of APZ can be traded into RKZ, where the APZ is what we trade on marketplace, and RKZ is like... the main goal where everybody should be aiming for due to its stability? Is there any ratio of APZ:RKZ?
Hey, RKZ is the product, it's stablecoin backed by Swiss Franc. APZ - is utility token that provide access to RKZ platform, to issue new RKZ and redeem RKZ to cash you need to hold minimum of 500 APZ, as well to access Credit cards and other privileges you need higher amount of APZ. In future we will issue EUR and other backed stablecoins, and holders of APZ will get early access. As well the longer you hold the APZ in your wallet the higher discounts you receive on the platform. As for trading APZ/RKZ: We are aiming to list RKZ as trading pair on exchanges. So users will be able to trade RKZ/BTC, RKZ/ETH and more. APZ - will be listed as normal token trading against BTC mainly. We are not sure yet if any exchange will list RKZ/APZ trading pair. so we can't say what will be the ratio
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Hosam Mazawi
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December 17, 2018, 10:04:54 AM |
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It is good. I like the idea that Rockz is been backed by Swiss currency
But, why not? I don't think your idea is right. All things in crypto world affected (dramatically) by bitcoin, no one can be exception. which means a very little chance of being dragged down by the great btc ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) But where am a bit confuse is - does it means that Rockz will not have a btc pair at all when listed on exchange? Because btc is always the reason why alts bleeds, once btc is down all alts will be down as well just like what is currently going on now in the market. Then you should read the content of the project properly from the front page and not hang on to my personal observations, if a coin is described to be a stable coin backed by fiat (Swiss currency), what does that tells you? If you believe it will be " affected dramatically" according to you, then do you think it is worthy to be called a stable coin? Again with such view point of yours, may i know how you describe a stable coin in your own understanding? We are not here to replace Bitcoin (BTC), the other way around, we are supporters of decentralization, we launched ROCKZ to help the crypto community enter and exit the market easily, as well provide people access to Swiss banks. Users holding RKZ own the cash that is deposited to vaults and banks, it's not our money, it's user's money. So even if Alprockz go bankrupt users can still access the vaults and banks and redeem the tokens for cash!
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Hosam Mazawi
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December 17, 2018, 10:09:39 AM |
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It is possible that ROCKZ will be a great project as a currency backed cryptocurrency. But I am not sure if it will actually solve the problem of high volatility being faced today in the cryptocurrency space. Maybe I would need more tutorial on that. Aside from that, may I know why it is only 5% of the total tokens that is going for public sale?
I also join the above question, why such a small amount is allocated for public sale in the amount of 5% and what is the reason? this is great question, sorry for the late reply. We are aware that we wont have millions of users from day one, so the circulation supply should be appropriate, if there are too many tokens on them market and there is no one to buy them there will be no value to APZ. Referring to our whitepaper page 40, 8.4B ESCROW AND VESTING MECHANISMS In order to offer potential future users to enter ROCKZ platform at a later point of time, while we prove the strong use case of ROCKZ, we have developed the following mechanisms directly in our smart contract: ESCROW MECHANISM Out of the 175,000,000 units of APZ minted (“max. supply”) • Only 10% (17,500,000 units of APZ) will be sold during our private sale, and 5% (8,750,000 units of APZ) during our ICO. Overall only 15% of max. supply to be sold (26,250,000 units of APZ) during our private sale and ICO. • The remaining tokens will be distributed as follows: Ì 10% (17,500,000 units of APZ) to our early-stage / seed investors with no vesting Ì 15% (26,250,000 units of APZ) to our Founders, Core team and Advisors with a vesting over 18 months Ì 60% (105,000,000 units of APZ) in escrow (“the escrow”) to be released as treasury with the following specific mechanism: • Directly after the ICO, 8.34% of the escrow (8,750,000 units of tokens) which is approx. equivalent to 5% of max. supply will be available as treasury to manage the APZ’s supply, as well as demand in excess of the supply on secondary markets. • The rest of the escrow, which post-ICO is 105,000,000 – 8,750,000 = 96,250,000 units, will stay in escrow, and will be released at our discretion as follows: • No tokens released in the first six months after the ICO. • Starting six months after the ICO, up to 3% (3.06%) of the escrow to be released per month (3,207,750 units of APZ) over a minimum of 30 months (post ICO escrow/ 3.06% of the escrow which gives 96,250,000/3,207,750 = 30.05 months) and a total number of months of 36 months (30 + 6 freeze).
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holydarkness
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December 18, 2018, 07:54:50 AM |
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Can I get a help with my question, please? To conclude several of your posts above, am I correct to illustrate that several amount of APZ can be traded into RKZ, where the APZ is what we trade on marketplace, and RKZ is like... the main goal where everybody should be aiming for due to its stability? Is there any ratio of APZ:RKZ?
Hey, RKZ is the product, it's stablecoin backed by Swiss Franc. APZ - is utility token that provide access to RKZ platform, to issue new RKZ and redeem RKZ to cash you need to hold minimum of 500 APZ, as well to access Credit cards and other privileges you need higher amount of APZ. In future we will issue EUR and other backed stablecoins, and holders of APZ will get early access. As well the longer you hold the APZ in your wallet the higher discounts you receive on the platform. As for trading APZ/RKZ: We are aiming to list RKZ as trading pair on exchanges. So users will be able to trade RKZ/BTC, RKZ/ETH and more. APZ - will be listed as normal token trading against BTC mainly. We are not sure yet if any exchange will list RKZ/APZ trading pair. so we can't say what will be the ratio So we'll need to buy and hold 500 APZ before we can buy RKZ? What currency does available to purchase eithet RKZ or APZ? Will we be able to buy RKZ directly from USD or CHF? I don't quite understand with your sentence about EUR in the future. Do I understand correctly that RKZ will not only be backed up with CHF but also EUR? Or will there be a third coin called EKZ or something in that fashion to host the EUR?
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Hosam Mazawi
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December 18, 2018, 04:52:19 PM |
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Can I get a help with my question, please? To conclude several of your posts above, am I correct to illustrate that several amount of APZ can be traded into RKZ, where the APZ is what we trade on marketplace, and RKZ is like... the main goal where everybody should be aiming for due to its stability? Is there any ratio of APZ:RKZ?
Hey, RKZ is the product, it's stablecoin backed by Swiss Franc. APZ - is utility token that provide access to RKZ platform, to issue new RKZ and redeem RKZ to cash you need to hold minimum of 500 APZ, as well to access Credit cards and other privileges you need higher amount of APZ. In future we will issue EUR and other backed stablecoins, and holders of APZ will get early access. As well the longer you hold the APZ in your wallet the higher discounts you receive on the platform. As for trading APZ/RKZ: We are aiming to list RKZ as trading pair on exchanges. So users will be able to trade RKZ/BTC, RKZ/ETH and more. APZ - will be listed as normal token trading against BTC mainly. We are not sure yet if any exchange will list RKZ/APZ trading pair. so we can't say what will be the ratio So we'll need to buy and hold 500 APZ before we can buy RKZ? What currency does available to purchase eithet RKZ or APZ? Will we be able to buy RKZ directly from USD or CHF? I don't quite understand with your sentence about EUR in the future. Do I understand correctly that RKZ will not only be backed up with CHF but also EUR? Or will there be a third coin called EKZ or something in that fashion to host the EUR? Hey, Indeed for you to access the ROCKZ (RKZ) platform and buy you will need to buy membership which is 500 APZ. Now, in the private sale, we are selling APZ, you can buy with BTC, ETH or bank transfer in USD,CHF,EUR or other currency. RKZ - will be backed only by CHF (Swiss Franc) In future we are planning to issue EUR backed token, using the same infrastructure and legal setup we already have.
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holydarkness
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December 18, 2018, 05:08:24 PM |
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So we'll need to buy and hold 500 APZ before we can buy RKZ? What currency does available to purchase eithet RKZ or APZ? Will we be able to buy RKZ directly from USD or CHF?
I don't quite understand with your sentence about EUR in the future. Do I understand correctly that RKZ will not only be backed up with CHF but also EUR? Or will there be a third coin called EKZ or something in that fashion to host the EUR?
Hey, Indeed for you to access the ROCKZ (RKZ) platform and buy you will need to buy membership which is 500 APZ. Now, in the private sale, we are selling APZ, you can buy with BTC, ETH or bank transfer in USD,CHF,EUR or other currency. RKZ - will be backed only by CHF (Swiss Franc) In future we are planning to issue EUR backed token, using the same infrastructure and legal setup we already have. Can I conclude that the only feature of APZ will be a gate-pass to enter the ROCKZ and interact on it? Or is there any other benefits (availability to be traded aside) other than holding several amount of the tokens as the "entrance fee"? My concern is that if the token has little to no utility, it'll be failed to appeal community to utilize and own them, which leads us to a scenario where the token is not tradable due to the low demands
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520Bit (OP)
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December 22, 2018, 10:13:59 AM |
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holydarkness
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December 22, 2018, 08:31:37 PM |
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So err... if you could attend to my query on your spare time, it'll be nice. It sat nicely five posts above this one
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Ayush rana
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December 26, 2018, 07:33:51 AM |
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Greetings from ICOresearch team. First of all merry Christmas and Happy new year 2019. We have successfully added one more project on our website with detailed report of ALPROCKZ ICO. In this report you will be able to find Team analysis Product Features Future scope Social media twitter analytics SWOT Click on the picture to see report![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F3bSZtrF.jpg&t=665&c=-zlXzS4VrDjGUQ)
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Sevinpays
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December 26, 2018, 10:08:58 AM |
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the idea itself is really interesting. stablecoins will play a very important role in the near future (in my opinion) and surely the CHF is a fiat value that have been underrated until now. what I wouldlike to better understand are the reason of a such low hype. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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scolary23
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Proof-of-Stake Blockchain Network
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December 28, 2018, 08:58:25 AM |
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Can I get a help with my question, please? To conclude several of your posts above, am I correct to illustrate that several amount of APZ can be traded into RKZ, where the APZ is what we trade on marketplace, and RKZ is like... the main goal where everybody should be aiming for due to its stability? Is there any ratio of APZ:RKZ?
Hey, RKZ is the product, it's stablecoin backed by Swiss Franc. APZ - is utility token that provide access to RKZ platform, to issue new RKZ and redeem RKZ to cash you need to hold minimum of 500 APZ, as well to access Credit cards and other privileges you need higher amount of APZ. In future we will issue EUR and other backed stablecoins, and holders of APZ will get early access. As well the longer you hold the APZ in your wallet the higher discounts you receive on the platform. As for trading APZ/RKZ: We are aiming to list RKZ as trading pair on exchanges. So users will be able to trade RKZ/BTC, RKZ/ETH and more. APZ - will be listed as normal token trading against BTC mainly. We are not sure yet if any exchange will list RKZ/APZ trading pair. so we can't say what will be the ratio So we'll need to buy and hold 500 APZ before we can buy RKZ? What currency does available to purchase eithet RKZ or APZ? Will we be able to buy RKZ directly from USD or CHF? I don't quite understand with your sentence about EUR in the future. Do I understand correctly that RKZ will not only be backed up with CHF but also EUR? Or will there be a third coin called EKZ or something in that fashion to host the EUR? Hey, Indeed for you to access the ROCKZ (RKZ) platform and buy you will need to buy membership which is 500 APZ. Now, in the private sale, we are selling APZ, you can buy with BTC, ETH or bank transfer in USD,CHF,EUR or other currency. RKZ - will be backed only by CHF (Swiss Franc) In future we are planning to issue EUR backed token, using the same infrastructure and legal setup we already have. This is what I miss. I think that access to the exchanger, will still be. But if the APZ will be used only for the purchase of membership in ROCKZ, then in my opinion, this is a very weak functionality for the token. Tether (USDT) can be bought without any membership, and why it is needed. Super secure platform? But first, you need to earn a reputation. Attitude towards Switzerland does not give you unlimited credit of trust from the community, at the start.
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holydarkness
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December 28, 2018, 11:15:05 AM |
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I wonder where the team goes? Their latest recent activity was on 23rd, arguably too early to take a Christmas holiday, and not active up to these days. Although some would say that the days between christmas and new year are basically holidays, I personally think it shouldn't be applied by a project that's relatively new, I know projects that's still working on these days, only taking day off on the 25th. And definitely shouldn't be applied by a project who claim to be backed by Swiss Franc, which implicitly can be said that they're related to bank activities, which never took these long holiday. If the admins will repeat such decision for whatever future long holiday ahead, won't the project be doomed by the lack of team attendance?
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fishervwb
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December 28, 2018, 11:26:48 AM |
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Two Tokens Model- Alprockz Whitepaper Chapter 9Two tokens will function within the framework of the platform: Alprockz (APZ) and ROCKZ (RKZ). Alprockz (APZ) tokens are ERC-20 tokens issued by Alprockz AG during the ICO. We create Alprockz (APZ) as a utility token, allowing users to access the ROCKZ platform, access discounts on transaction fees based on the maturity of their Alprockz (APZ) holding, and benefit from various services: Redemption of ROCKZ (RKZ) in fiat currency on your bank account, the issuance of Bank cards, and the possibility of using collateralized debt instruments. https://medium.com/@ROCKZ/two-tokens-model-alprockz-whitepaper-chapter-9-2816dfaad59a
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D1jay
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December 29, 2018, 05:26:57 AM |
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So we'll need to buy and hold 500 APZ before we can buy RKZ? What currency does available to purchase eithet RKZ or APZ? Will we be able to buy RKZ directly from USD or CHF?
I don't quite understand with your sentence about EUR in the future. Do I understand correctly that RKZ will not only be backed up with CHF but also EUR? Or will there be a third coin called EKZ or something in that fashion to host the EUR?
Hey, Indeed for you to access the ROCKZ (RKZ) platform and buy you will need to buy membership which is 500 APZ. Now, in the private sale, we are selling APZ, you can buy with BTC, ETH or bank transfer in USD,CHF,EUR or other currency. RKZ - will be backed only by CHF (Swiss Franc) In future we are planning to issue EUR backed token, using the same infrastructure and legal setup we already have. Can I conclude that the only feature of APZ will be a gate-pass to enter the ROCKZ and interact on it? Or is there any other benefits (availability to be traded aside) other than holding several amount of the tokens as the "entrance fee"? My concern is that if the token has little to no utility, it'll be failed to appeal community to utilize and own them, which leads us to a scenario where the token is not tradable due to the low demands Obviously from the explanation given that is the only feature of APZ at present - a membership token in other to be able to access Rockz platform, if there would be other use for it in the future who knows, Now my question is, will RKZ be traded in an exchange or can only be bought in the platform?
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gembira
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December 31, 2018, 07:51:16 AM |
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As I see you have 2 types of tokens - Alprockz (APZ) and ROCKZ (RKZ). One of them stable coin and second one is utility? Which type of tokens you selling on ICO and which token will be used in your platform as payment? As I undertsnad on platform will be used stable coin? So how will be used utility and why we need this token at all?
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