[ANN] New Stabletoken ROKS on the Ethereum network

[RiceRocca]

The system is quite complicated - yes, but that's why Rockstable has no competitors and that's why they need evangelists to explain people how to use Mainsale app.

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[odoziaku]

I read about your plans and found them amazing. Your goal is to cover such markets any other cryptocurrency isn't covering.

[workasset1]

Can I expect you to start trading on Exmarkets the nearest time? Filipinos don't want to wait for a long time)

Yes, We will be trading in Exmarkets soon and we are negotiating with local and other international exchanges to help us with IEO and listing partnerships.

[workasset1]

How long time ago have you created the Rockstable project? What have you done already for it?

We started around September 2017 under pure money technology and changed the name to Rockstable Token. We have released our Mainsale app in both android and IOS platforms. We will have more developments and marketing updates soon. Don't forget to follow and join our social media channels.

[workasset1]

How to make profit using your coin? I understand it will be a stablecoin, but anyway

correct me if i am wrong but you call it stable coin when you pair it to a fiat such as USDT than BTC ?

Stablecoins have different stability mechanisms. Our stability mechanism is called "pegging" to a fiat like USD. This mechanism is very simple and it's based on trading. So we will have a large sell order for 1.01 USD and also a large order for 0.99 USD. Depending on current market volumes, our trade bot may place even larger orders behind these two "guard rail" orders to ensure that ROKS price does not break through the price limits 0.99 USD and 1.01 USD.

[workasset1]

According to your CEO's Linkedin https://www.linkedin.com/in/ctapang, Rockstable project is started in 2017 at first. Is it true? What happened?

The name Rockstable Token Inc was used around 2017, the initial name of the company was Pure Money Technology.

[workasset1]

Would you be interested in cooperation with private universities and business scools in Philippines?

Yes, that would be a big possibility. We can encourage them to use the Mainsale app as a school payment system. That would be very convenient for parents.

[workasset1]

People won't help you for Evan tokens. Firstly, they don't even know its price. Secondary, they can't be sure Evan will be listed somewhere and its price won't be dumped

It's really just a matter of educating people about the benefits and purpose of Evans. Once they understand the difference between Roks and Evans then they will be interested in it.

Is it really any difference between Roks and Evans if you say you will give 1 Roks for 1 Evan?

EVAN tokens are NOT reward or bounty tokens. These are license tokens. Initially it will be free. If you sign up as an evangelist, you obtain EVAN tokens in order to install MainSale and deploy the smart contracts for vendors. We will be paying you 1 ROKS for this, NOT as exchange for EVAN, but as reward for installing MainSale for a vendor. Your EVAN token gets converted to a territory token which is then deposited in the vendor contract. It is NOT exchanged for ROKS. The reward of 1 ROKS is temporary and will be removed once there are enough vendors who can accept ROKS.

I can't understand. How much EVAN tokens will you give to 1 evangelist? Or it depends on his/her activity?

EVAN tokens represent territorial licenses and are free initially. Each evangelist is local and belongs to a territory. In this territory (usually a city), there can be several evangelists. Each evangelist can recruit and license a number of vendors, depending on how many EVAN tokens he holds in his wallet.
Every EVAN token used represents income to the evangelist in two ways: we will pay 1 ROKS for every EVAN token used to install the MainSale app. The other income source is a large portion of the transaction fee for every ETH payment, 70% of the 1% transaction fee, or 0.7% of every payment amount. The payment smart contract automatically pays the evangelist this 0.7% for every transaction.

[workasset1]

Is Rockstable main project of your team? Or just side project? Do you have enough funds to launch this solution and ensure it for some time?

Rockstable is the main project for our team. We have some funds since this is already an established company which changed its name from Pure Money technologies which specialize in remittance to Rockstable Token INC. And conducting our IEO is also one way to raise our funds for future developments of our app and marketing.

[namtih016]

Hi. Have you heard about dusting attack against Litecoin? What do you think about it?

[Malix1818]

Can I expect you to start trading on Exmarkets the nearest time? Filipinos don't want to wait for a long time)

What the trading on Exmarkets can give you? What is the point of buying ROKS right now?

[dawidzet]

I'm not expert of stablecoins, but the features you are going to show, for me look very useful and maybe, unique.

[odoziaku]

According to your CEO's Linkedin https://www.linkedin.com/in/ctapang, Rockstable project is started in 2017 at first. Is it true? What happened?

Moreover, it is said "formerly Pure Money Technology Inc". What happened with the Pure Money?

Interesting. Really, what happened with your previous project? Did it fail, I suppose?

[bigservicesinfo]

Do you need more people in your team? Is there any option how to apply for a job at your project in Philippines?

[matr1x33]

We already have many stable coins in the market already and some are just struggling in the market. I understand we need innovative and competitive project. I want to know how you intend to make this project different from the already existing stabl coins. Thanks

At first, I thought you are somebody from Rockstable team)) Then, when I read your post second time, I can say that I'm agreed with you.

[flyonwall]

Is Rockstable main project of your team? Or just side project? Do you have enough funds to launch this solution and ensure it for some time?

Rockstable is the main project for our team. We have some funds since this is already an established company which changed its name from Pure Money technologies which specialize in remittance to Rockstable Token INC. And conducting our IEO is also one way to raise our funds for future developments of our app and marketing.

We do have funds; otherwise, we won't be operating and building our system. We are working hard to do a Pilot Program in Q4 timeframe. We are still working on getting a bug bounty started. As it is, we are still finding problems with our payment system on our own, so that's why we have not started the bug bounty. The smart contracts are done and have passed the audit by https://QuantStamp.com.

[LittleBigDrone]

There are more than 1 million Filipinos lived in Saudi Aravia, do you have plans to cover this market specifically?

[superollieworld]

How many stablecoins are there on the market? How many of them are your competitors or can be considered as competitors?

According to Forbes https://www.forbes.com/sites/tatianakoffman/2019/03/08/stablecoins-the-next-generation-of-digital-money/#3ba6ab6d23f3, there were more than 120 project before this March

[bigservicesinfo]

Almost everybody is looking for different ways for saving money, for example, reducing costs for cross-boarder payments or remittance. And Rockstable can help peple with it, so it will definitely have demand.

[matr1x33]

Our tokens (ROKS and EVAN) will be sold only through Bittrex International initially and other exchanges later. your Telegram group says. So, that's true, you will have IEO on Bittrex?