[ANN] New Stabletoken ROKS on the Ethereum network

[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.

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

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.

We did not rush thing. I focused on developing our Mainsale app and planning our moves and marketing strategies. We don't want to join the stablecoin boom since the focus of the people will be divided into different stablecoin projects.

[Roscokov]

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.

So, you should update it, I guess. Only negotiating? Bittrex would definitley better than Exmarkets.

[donkeyramp]

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

It's not about "why people should buy ROKS" but more "why should people buy ROKS on Exmarkets"?

[seselakhdari]

So, Rock Stable token is the main project of your team, what do youn have besides of it then?

[bigservicesinfo]

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

The cost is not only the cost fees but also diffrence between ROKS buy and sell price = 2 percents.

[qqnauta]

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

So, ROKS won't take any fees when transfer form one wallet to another, right? Please, tell, because it's important

[LittleBigDrone]

Rockstable token now one of the most promising projects that aim t cover Philippines market, good luck them so

[mayureeana]

what kind of utility tokens is this?

[gembira]

Where have you got fiat for backing your stablecoin? How much usd do you have for this? Have you backed funds were revised by some financial regulators?

[superollieworld]

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

Don't you have your own funds now? What if you don't collect enough funds for developing? Refund then?

[namtih016]

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.

What abot legal questions? Does it really have no problems to promote and sell such cryptocurrency as ROKS, in the Philippines?

[matr1x33]

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.

Great. But why, could you explain? And what's the difference? I mean about name and location.

[dawidzet]

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

Thank u for this link, many really useful information to read. Why doesn't team post such articles here?

[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.

So, you should update it, I guess. Only negotiating? Bittrex would definitley better than Exmarkets.

We will let you guys know if there are any announcements. Thank you.

[workasset1]

So, Rock Stable token is the main project of your team, what do youn have besides of it then?

It is the MAIN and ONLY project we are working on.

[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

So, ROKS won't take any fees when transfer form one wallet to another, right? Please, tell, because it's important

Its already been explained from the statement above "So the only cost that our users will incur to send money is the network fee". So Roks offers inexpensive remittance. You can check Roks' use cases: https://rockstable.io/use-cases

[workasset1]

what kind of utility tokens is this?

Actually, there are no types of utility token.
Three types of cryptocurrency tokens:
Currency tokens - This is the original (and most straight-forward) form a blockchain-derived token can take.
Utility tokens - These digital assets are built to provide investors with something other than a means of payment. This typically comes in the form of access to a particular product or platform.
Investment/asset tokens - Investment tokens are perhaps the most complicated to classify. Tokens found in in this group are the assets that promise a positive return on their investment

Roks is a stablecoin.

[workasset1]

Where have you got fiat for backing your stablecoin? How much usd do you have for this? Have you backed funds were revised by some financial regulators?

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.

[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.

Great. But why, could you explain? And what's the difference? I mean about name and location.

The answer to your question has been answered above. Please read carefully.

[odoziaku]

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.

OK. But what local exchanges are there in Philippines so? Do they have much trading volume? Like Indodax in Indonesia