[ANN] New Stabletoken ROKS on the Ethereum network

[vshet78]

Major cryptocurrencies have so unstable prices, almost all of them are falling with thime (except of Bitcoin), you can't make another Bitcoin so it may be right decision for new project to become a stablecoin.

Each project is created for its own purposes. Those goals that are spelled out in white paper can only be achieved with stable coin, like ROKS.

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[workasset1]

Try to explain, why haven't you start trading yet, as many followers are really interested? Is the only question about exchange?

We are not rushing things. We want to make sure that we cover all bases and details. We have launched our Mainsale app which is already a good start and soon we will push for IEO.

[workasset1]

When the time will come and we will here more positive news from Rockstable team? Now it's some period of inactivity.

We will have updates soon. We are not in a period of inactivity but we are preparing for big announcements. Just stay posted to our social media channels.

[workasset1]

What cryptocurrency (not stablecoin) do you consider as the best for online payments in 2019?

There are a lot of projects out that are good. Right now we are just focused on our own ROKS token and the mainsale app.

[workasset1]

I heard you will have seminars or webinars for your evangelists, how t take part and when this seminars will be happened?

We don't have the details but we will keep you guys posted.

[luksbit]

Try to explain, why haven't you start trading yet, as many followers are really interested? Is the only question about exchange?

We are not rushing things. We want to make sure that we cover all bases and details. We have launched our Mainsale app which is already a good start and soon we will push for IEO.

And  already have a list of exchanges or services that will perform IEO?

[workasset1]

There are really many stablecoins on market now and there will be more. How to make people notice your project among others?

The reason that we will start with the Philippines is our way of focusing and making sure that we can show the benefits and advantages of ROKS and the mainsale app. Once we have proven the effectivity of ROKS then we will cover the entire world. We are setting goals step by step to ensure success

[workasset1]

Try to explain, why haven't you start trading yet, as many followers are really interested? Is the only question about exchange?

We are not rushing things. We want to make sure that we cover all bases and details. We have launched our Mainsale app which is already a good start and soon we will push for IEO.

And  already have a list of exchanges or services that will perform IEO?

We are in 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. Currently, we are also negotiating with local exchanges from the Philippines. Once we have updates or news then we will let everyone know.

[workasset1]

You've said your team had 40 years cryptocurrency experience. What projects did they work for and what happened with those projects?

That is correct. Each team member had worked with crypto-related projects in the past. You can check out all team members and visit their linked in profiles to check the previous projects. Just visit: https://rockstable.io/team

[workasset1]

I'm interested what is your way to become "medium of exchange". How do you see that and what plan do you have to achieve this goal?

I can't understand this point too. Does it mean you want to make your tokens easily reedemed to fiat or that you will work with many different exchanges?

Initially, we will peg to USD, and the simple automaton by which we keep the peg can be deemed "decentralized". However, the claim is pointless because we are pegging to a centralized fiat. When fiat money starts to inflate (right now inflation is nowhere in sight), then the peg can be abandoned and ROKS can be stabilized without reference to any fiat. It will be stabilized by measuring its purchasing power across a basket of commodities.

We envision a world in which, instead of fiat money specific to each country, there will be many stablecoins, each specialized to its own application but distributable and acceptable everywhere. Some stablecoins will necessarily compete with each other. Competition is always good for the users; however, instead of competing on price, stablecoins / stabletokens will compete on overall stability even in the face of economic storms.

Fiat money will always be with us, but there is a strong possibility that fiat money dominance is going to wane. There is a very good chance that stablecoins will win over fiat and it's only a question of when. The fiat - stablecoin "flippening" can happen quickly if it is unopposed, but if governments unite to oppose it, then it can take a long time. Countries like the Philippines that welcome cryptocurrencies and stablecoins in particular stand to gain. Governments should not oppose stablecoins because they can still collect taxes in this future world. Our payment system has built-in code that automates the collection of taxes. This makes taxes highly visible to all.

[workasset1]

As I understood from your use cases, evangelists have to invest on your project at first to become actually evangelist. That's right?

You can check this article out: https://www.stabletoken.rocks/post/the-best-way-to-participate-in-the-roks-revolution

[workasset1]

What do you mean by "value trust transference"? How to make more people who don't use cryptos now, to make using Rockstable in the future?

Here is the main idea behind "value trust transference": just make it easy to redeem fiat from ROKS. That's it. We are establishing local partnerships that will make it very easy to redeem PHP or USD from ROKS at licensed partners. The vendors and recipients may only do this once, and that should establish the trust. Later, we will make it very convenient to just use ROKS without first converting it to fiat.

[workasset1]

Are you going to be listed or make an IEO on exchanges that have fiat (especially, with PHP) pairs? That's the part of ROKS goal , right?

Yes, that is one of our goals. We are currently in 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. Currently, we are also negotiating with local exchanges from the Philippines. Once we have updates or news then we will let everyone know.

[workasset1]

As I see, PHP/USD rate has been remaining quite stable during current year. So, it's no difference. Is it allowed to pay with USD in the Philippines?

No, you still need to exchange your USD to PHP for any transactions.

[workasset1]

Did you choose the Philippines because it welcome cryptocurrencies and stablecoins in particular? Or because some of your team from there?

I would say both those reasons would be sensible.

[workasset1]

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You said you are going to launch trading in the Exmarkets soon? Do you have the exact date now? Or maybe other exchange to trade in?

Exmarkets may be not a bad exchange, but it doesn't even have trading pairs wih PHP, that is critically important for ROKS token and its future.

Exmarkets also has different stablecoins listed on it, so ROKS wouldn't be the first or even the second.

But, according to Coingecko, Exmarkets is almost in TOP-100 of cryptocurrency exchanges, so it still a good choice.

I found Exmarkets exchange on CMC: https://coinmarketcap.com/exchanges/exmarkets/ but it says: "No data to display"

That's starnge, Exmarkets claim to have quite decent trading volume. Why no information on CMC then?

For that specific question, you should ask Exmarket cap. They can definitely provide some info on that.

[workasset1]

Please, explain how to become a master evangelist. That should be profitable:) Or it will be announced later too?

You can read this article to get more information about master evangelist: https://www.stabletoken.rocks/post/the-best-way-to-participate-in-the-roks-revolution

[Lirabit]

Can you say, please is there any large investor that going to invest in ROKS? Or just many small ones?

[maddog2013]

Stablecoins vs regular altcoins. Any difference, advantages, disadvantages. Thanks.

Stablecoins are altcoins, that are pegged to fiat currency, usually but not always, USD. They don't rise, but also don't fall and remain a stable equivalent of fiat money, so people can trust their value.

[devod]

I'm looking forward for the bug bounty, because I can see some bugs in your app and your site. Good opportunity to earn for me)