[ANN] New Stabletoken ROKS on the Ethereum network

[MeGaBeSuNTa]

Is your Mainsale app made only for vendors and retailers, how a regular crypto enthusisast can use it?

Our Mainsale app is not mainly made for vendors and retailers, anybody can use it for their different transaction and purposes. It is user friendly, fast and reliable.

But for what goals it can be used? Do you have some video explanation or tutorial?

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[1715481802]

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[don8297]

I really was sure your project is made for Filipinos and by Filipinos. Maybe, some people in your team are from Philippines but live and work in USA?

[peaprotein]

Aren't you afraid of competition with news Philippines' stablecoin? It seems that government supports it.

[workasset1]

RockStable Token Inc, Sheridan, Wyoming from Facebook. I thought you are from Philippines? Or your team belongs to OFP?

We are from Sheridan, Wyoming. We never said that the company is based in the Philippines. We will cover the Philippines initially with our platform then after that, the rest of the world.

So, why? Why Philippines? Not Indonesia, India, Korea or any other country? I can't understand this.

We are currently targeting the Philippines, yes, but ROKS is universal. We will also be targeting other countries once we prove that the idea works in the Philippines. ("Targeting" in this context means making our point-of-sale app legally available in a country.) ROKS will particularly be useful in countries with weak fiat currency; but we need to assure the government of those countries that ROKS is neutral with respect to their fiat. However, note that ROKS is useful in the Philippines not because the Philippines Peso is weak, but because there are ten million Filipinos working outside of their own country. We want to help those people by providing really cheap way to send money back home.

[workasset1]

As I understood, it will be hard for vendors to understand and install the MainSale app and they will need help with it, correct?

Our app is very user-friendly. You can download it now in android and IOS versions. Please let us know what you think. Thank you

Please, give the link here. I can't find your app at Play Market. Thank you

Once your in google playstore, just type Mainsale app in the search box or try this link: https://play.google.com/store/apps/details?id=com.rockstable&hl=en

Your app doesn't work on both of my phones. It says "The application is not compatible with any of your devices."

Where did you download it? what device are you using? Android? Iphone?

[workasset1]

I really was sure your project is made for Filipinos and by Filipinos. Maybe, some people in your team are from Philippines but live and work in USA?

Our project is not for Filipinos only. Anybody can buy it and send to their loved ones. We focus initially on the Philippines because we are not Facebook who can market to several countries right off the bat. And yes, some members of the team lives and works in the US.

[workasset1]

Aren't you afraid of competition with news Philippines' stablecoin? It seems that government supports it.

Oh you mean the stable coin PHX which is backed by a Philippine bank? No, we are not afraid. We have different aims, Rockstable aims to be a stable coin that can be a medium of exchange in the future. Roks will become a household name in the remittance Industry.

[workasset1]

Is your Mainsale app made only for vendors and retailers, how a regular crypto enthusisast can use it?

Our Mainsale app is not mainly made for vendors and retailers, anybody can use it for their different transaction and purposes. It is user friendly, fast and reliable.

But for what goals it can be used? Do you have some video explanation or tutorial?

Rockstable aims to be a stable coin that can be a medium of exchange in the future. Roks will become a household name in the remittance Industry.
We already have video on how to use our mainsale app. Please subscribe to our youtube channel: https://www.youtube.com/channel/UCg-PkAJFX_OIL6yex5Fs_wg?view_as=subscriber

[workasset1]

How do you guarantee that the price of your tokens will remain stable in the long term? Are you going to put some money as collateral for that?

Rockstable's promise is not to peg it to USD forever; rather, the promise is to keep its purchasing power fairly constant across a basket of commodities. The USD is the most widely-accepted and most stable of all fiat, so it makes sense to just peg against it while it is stable. But once USD loses its stability, it won't make sense to keep the peg. Instead, independent groups will measure ROKS purchasing power across a standard basket of commodities, across different locations around the world. These independent groups will be there not just to measure ROKS purchasing power, but also purchasing power of the rest of stablecoins existing by then.

[workasset1]

You will have your own trading bot? How will it work? I don't understand completely

We are not an exchange. If you are asking for the exchange where we are currently listed, it's ExMarkets.com; we are listed in this exchange, but we have not deposited any ROKS in our account as yet, so no trading can occur at the moment. We are still preparing our trading system.

When are you going to do it? So when you deposit, we can trade and withdraw then?

We don't have updates yet but once we have news about it then we will keep you posted.

[workasset1]

You are from US, ok. Is it allowed and legal for people in USA to invest and use your tokens?

We are mostly in the US, but some team members are in the Philippines
Rock Stable Token Inc is registered in Wyoming State. Carlos Tapang, [03.07.19 12:09]
We are mostly in the US, but some team members are in Pinas. People from US can participate in our tokensale. We ourselves are not allowed to issue ROKS in the U.S., but you can sign up with any exchange that's compliant with U.S. laws and that will list ROKS, and you can buy ROKS there. Right now ROKS is not yet available anywhere, though.

[JEFFREYonBT]

How are you going to make it easier to redeem fiat from ROKS? if you think it's very important

[Flyingel]

How Can You Participate?

Right now we have lined up a couple ways that you can participate:

• You can buy our EVAN tokens when it becomes available;
• You can buy our EVAN tokens and actively seek vendors who are willing to install our point-of-sale app called "MainSale".

We are currently applying to list our EVAN and ROKS tokens at exchanges. EVAN tokens are a territorial license to MainSale. Once listed, you can buy EVAN tokens as a passive participant or an active participant. You are a passive participant if you buy EVAN tokens and do nothing with these. You can sell them later, but once you sell and install our MainSale app to a vendor's device you become an active participant. As an active participant, the benefits are

• The vendor pays you for helping understand and install the MainSale app; and
• The payment system pays you 0.7% of the amount paid in ETH for every ETH payment received through that MainSale app.

So, to participate, I can buy EVAN tokens only? What do you mean by "territorial license"? Thanks for the answers.

[borkojo]

Hi there. Will your solution for cross-board payments be cheaper and easier than current ones, like Paypal, Payoneer and others?

[omegagd]

So your Mainsale app https://play.google.com/store/apps/details?id=com.rockstable&hl=en is working now? Or is just being tested? How to use it?

[Extassy]

If Rockstable will really succeed and achieve their goals and red market comes again, I think, there is a big chance that new wave of stablecoins will return

[13carl13]

As I understood, it will be hard for vendors to understand and install the MainSale app and they will need help with it, correct?

Our app is very user-friendly. You can download it now in android and IOS versions. Please let us know what you think. Thank you

Please, give the link here. I can't find your app at Play Market. Thank you

Once your in google playstore, just type Mainsale app in the search box or try this link: https://play.google.com/store/apps/details?id=com.rockstable&hl=en

Your app doesn't work on both of my phones. It says "The application is not compatible with any of your devices."

Same here. Please tell the system requirements form both Android and ios devices.

[mitko97]

Well, I'm agreed it is smart to use cryptocurrencies, for example, stable coins, for remittance? But this idea is nt new. So why not to use existing tokens/coins, that are more popular and more trusted?

[maicon1998]

How do you guarantee that the price of your tokens will remain stable in the long term? Are you going to put some money as collateral for that?

As they said, they won't do it and don't have any proof of reserves. Their idea is to place 2 huge bids: sell bid for $1.01, and buy bid for $0.99

[MrAdil13]

Is your Mainsale app made only for vendors and retailers, how a regular crypto enthusisast can use it?

Our Mainsale app is not mainly made for vendors and retailers, anybody can use it for their different transaction and purposes. It is user friendly, fast and reliable.

It's obvios that anyone can test it but for what reasons? Is there any video tutorial fr your app, by the way?