[ANN] New Stabletoken ROKS on the Ethereum network

[deyvid]

The Philippines economy is growing very fast and is one of the most innovative in Asia, so it may welcome Bitcoin, cryptocurrencies and in particular, such projects, as Rockstable.

[1714942004]

1714942004

[1714942004]

1714942004

[1714942004]

1714942004

[1714942004]

1714942004

[MrRedLogan]

You need more cooperation with different partners that can help you with the development and implementation.

[yossefyasser]

It's about time Rockstable startup launched, later this field won't be empty in the Philippines.

It's already not empty, but if better solution comes, it will have a room for success.

[vetal1964]

The are a lot of really great blockchain startups that are being developed in the Philippines now, I am hearing of them every week.

[adnanhamad]

They should concentrate on vendors who will accept ROKS for payments

Now it's better and more important to concentrate on local exchanges in the Philippines to accept ROKS. Without them, it has no sense to use ROKS for OFWs and vendors.

That's right, Rockstable project may be canceled if ROKS doesn't be listed on some local exchanges.

Or they can develop it for years and wait for the listing all this time) But I hope it won't be going on like that.

[alex50]

They don't have bonuses for investors, but instead they have great opportunity for ambassadors: if you are one of the first, you can become a master evangelist.

How will this "evangelist porgram" work? Similar to MLM? Or referral program?

It's more like "ambassadors program" and I can't see any difference between "evangelist" and a typical ambassador.

They are still working on the apps to launch the evangelist program, by the way... And no exact dates yet

[ahtashiam]

Frankly speaking, you could make more effors promoting Rockstable project and talking to your potential cusomers.

[ammuanjeri]

Use cases page can answer to the most of your questions: https://rockstable.io/use-cases. But it doesn't work correctly at some smartphones.

Vendors, OFWs, evangelists. Are there all the cases you can consider? What part of Filipinos are working abroad?

[aleksey7772012]

How technically your future customers will be able to pay with ROKS instead of fiat?

[adnanhamad]

They don't have bonuses for investors, but instead they have great opportunity for ambassadors: if you are one of the first, you can become a master evangelist.

Evangelists will be some kind of investors, as they will have to buy territorial licenses for own money.

[alex50]

I've found a Rockstable presentation from Ken Bunayong, CFO of this token:https://www.stabletoken.rocks/. But in fact, he only intoduces the preferences of blockchain technology and stable coins, nothing more.

[ahtashiam]

I believe that November will become the final date for listing and implementation and we don't see another delay for ROKS

I think it also depends of cryptocurrency market state and how the Rockstable solution will be ready at that moment.

Let's hope there won't be another crypto crash as people are losing their faith to cryptocurrencies.

[ammuanjeri]

Stable tokens, as ROKS can be really helpful in countries with high inflation and be a good alternative to fiat money, such as USD.

[alex50]

If authorities say Libra can become a competititor to USD in the USA, then ROKS can become a competititor to PHP in the Philippines.

[ahtashiam]

Will it be possible to buy ROKS with BTC? Not only Ether or fiat?

I think i depends on exchange/exchanges ROKS token will be listed on, but most of exchanges supprt BTC, you know that.

Also, the most of exchanges have some stable coins or tokens, sometimes a lot of them, already listed on.

ROKS is made not only to be used on exchanges but rather to be universal medium of exchange in the Philippines.

[adnanhamad]

There is no extra profit for vendors when accepting ROKS as payment, but they have to pay 100 PHP for territorial licenses. Does it really have the sense?

It's the part of Rockstable marketing strategy, it's completely unique and only time will show if it works or not.

[enavarrocu]

Cryptocurrencies started to recovery and I hope this process won't stop soon, as Ethereum and many other altcoins are really underrated.

[enavarrocu]

Is it hard to develop unique blockchain project in 2019? Harder than 2-3 years ago?

The answer is : it's obviously harder. I remember the golden age of cryptos in 2016-2017, dozens of projects with more than $100M collected each...

The question was about development. And also now there are much more exchanges when you can list your token.

That's not so easy as Rockstable team can't find any single local exchange in the Philippines to be listed on.

why just don't use this article with 11 crypto exchanges registered with central bank, for example? https://news.bitcoin.com/48-cryptocurrency-exchanges-philippines/

You mean 48, right? And I'm sure that's not the full list. So it's not so hard to be listed in at least one of these exchanges.

"The licensees are Betur Inc. dba Coins.ph, Rebittance Inc., Bloomsolutions Inc., Virtual Currency Philippines Inc., Etranss Remittance International Corp., Fyntegrate Inc., Zybi Tech Inc., Bexpress Inc., Coinville Phils Inc., Aba Global Philippines Inc., and Bitan Moneytech Co. Ltd." the list of cryptocurrency exchanges where it's possible to be listed on for Rockstable token.

Some of these exchanges have already made remitance solutions, how are you going to compete with them?

[enavarrocu]

All cryptocurrencies including stable coins have been used for remitance and cross-border payments right from the start, what's new that you are creating?

[aviraj1987]

What do you think about Internet of Things and its perspective in the Philippines, in particular?