[ANN] New Stabletoken ROKS on the Ethereum network

[workasset1]

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

Well, this is another negative news that might or might not affect the entire cryptoscape. It all depends on the hype this news is getting but one thing is clear, scammers and hackers have been very bold with their methods, try to look for new ways to get peoples money or assets. We hope there will be more sophisticated ways of stoping these threats.

[workasset1]

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?

First of all, we are running our IEO in Exmarkets.com. The main purpose is to raise funds for the future development of the platform and marketing strategies. One reason that people should buy Roks would be for remittance, helping workers abroad to send money to their love ones. We don't charge for the remittance itself. We earn on the spread (we buy at $1.01 and sell at $0.99). So the only cost that our users will incur to send money is the network fee, which is less than 10 cents (at current gas cost and ETH exchange rate). So Roks offers inexpensive remittance. You can check Roks' use cases: https://rockstable.io/use-cases

[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?

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?

Two things happened:
1. We changed the name from "Pure Money Technology" to "Rock Stable Token" to better reflect our core mission; and
2. We registered the company in Wyoming, USA. Pure Money Technology was registered in Washington, USA; now Rock Stable Token is registered in Wyoming, USA.

[workasset1]

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

Right Now, our team is complete. We have people working on both development, legal  and marketing. All the bases have been covered but maybe in the future, we will be looking for people once we expand our market.

[workasset1]

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

Yes, we will cover all the countries where there are a lot of working Filipinos. What's good about it is that its a huge market.

[workasset1]

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?

We haven't updated the pinned post but thanks for the feedback. And about Bittrex, we are still negotiating with them for the IEO. We might get some news soon.

[LittleBigDrone]

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?

Bittrex? Not only Exmarkets? Is it really true? It would be great, Bittrex is one of the major exchanges.

[zjgirt]

So, developing is almost done as I understood. After it's done, it will be time to concenrate on marketing, promotion and adoption.

[yats]

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.

What local exchanges are you negotiating with? If it's not a secret, of course. It's true, people need to change ROKS to peso.

[markiz7601]

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.

What do you mean by Pilot Program? Also, you decided to make only bug bounty, what about other types of bounty or airdrop?

[danivegas83]

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.

Will you have such stability mechanism on every exchange your token will be listed? Even decentralized?)

[hotboykm]

What is Exmarkets trading volume right now? Why did you choose this exchange to start? I mean, if it really is no better exchange to place your tokens?

[gajapathik]

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.

What have you done already? Except of Mainsale app, Whitepaper and token? Or you are making first steps yet?

[kidd24]

I found profile of your CEO Carlos Tapang on Medium https://medium.com/@carlostapang_15490, some of the articles are really very interesting.

[traxer112]

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.

What did yu do since 2017? Why haven't you launched IEO and token trading earlier? I mean when it was stablecoins boom.

[alex201502]

You get to low attention of press right now. What about promoting Rockstable in such media as Coindesk, CCN or Cointelegraph?

[workasset1]

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?

We already updated that info in telegram. 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. As for Bittrex, we are still negotiating with them, no updates yet but we will provide full details once we have the announcement.

[workasset1]

You get to low attention of press right now. What about promoting Rockstable in such media as Coindesk, CCN or Cointelegraph?

Our marketing effort is focused on a specific target market right now, which are Overseas Filipino Workers or OFWs. They are the market that we focus on talking about the remittance feature of our token. Once we attain success then we will definitely need more international media attention and that will happen in the future. 

[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.

What local exchanges are you negotiating with? If it's not a secret, of course. It's true, people need to change ROKS to peso.

We cannot disclose that info yet, once the team give the confirmation then we will go ahead and announce it.

[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.

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.

What do you mean by Pilot Program? Also, you decided to make only bug bounty, what about other types of bounty or airdrop?

Pilot program is like a feasibility study or experimental trial, its a small-scale, short-term experiment that helps an organization learn how a large-scale project might work in practice. We will partner with companies to show the advantages and benefits of the Mainsale app. With the bounty programs, we are still finalizing everything. We will get back to you once we have the full details.