[ANN] New Stabletoken ROKS on the Ethereum network

[Kwak]

Exmarkets is good, but if you list ROKS token on Bittrex like you said, it will be much better and bring your token much more trading volume.

Bittrex? Seriously? Why would such a big exchange list unkown stable token as ROKS is now?

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[Kwak]

As you are Wyoming corporation, why don't you concentrate on Wyoming? Or US laws don't allow your project to be presented on the US market?

[flyonwall]

Why did you mention Shapeshift and Evercoin in your Whitepaper? Do you have a cooperation with these projects?

Neither Shapeshift nor Evercoin are partners right now, but using their API does not require anything special so a partnership is not required in the beginning. This is for version 2 of the payment system where we aim to allow vendors to accept any major cryptocurrency (not only Ethereum). The fees for using Bitcoin, for example, would be exorbitant because it would include fees charged by either Shapeshift or Evercoin, but only in the beginning. If we get enough volume of transactions going through either of these exchanges, then we will propose a partnership to get discounts.

[flyonwall]

Exmarkets is good, but if you list ROKS token on Bittrex like you said, it will be much better and bring your token much more trading volume.

Bittrex? Seriously? Why would such a big exchange list unkown stable token as ROKS is now?

We have sent in our application for listing of ROKS. Yes, ROKS is unknown right now, but I think they will see the potential. Bittrex considers current market size when deciding to list, of course, but they themselves indicated that they also consider potential.
If Bittrex does not list ROKS, we will recommend going directly to Prime Trust, our official custodial bank. Overseas Filipino Workers (OFWs) can open accounts at Prime Trust and buy ROKS directly there. We are still in the process of setting this up, but we already have a relationship with Prime Trust. (See https://primetrust.com)

[madafakata]

How many use cases do you have? The case for Filipinos working abroad and the case for retailers, that's all?

[mabrek]

As you are Wyoming corporation, why don't you concentrate on Wyoming? Or US laws don't allow your project to be presented on the US market?

I don't have the infomation about legal matters but it's just easier to concentrate in the Philippines at first, as it's quite crypto-friendly (and cheaper than US).

[treehermit]

Would be possible to see and talk with your ream members at some of the upcoming blockchain events?

[hamzarey1]

Due to the fact I am not Filipino, I will only wait when you decide to become a global remittance solution.

[mharsijamel]

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.

So, what's about IEO now? Did you forget this idea? Why is no reason to conduct IEO anymore?

[skryptsoff]

Exmarkets is good, but if you list ROKS token on Bittrex like you said, it will be much better and bring your token much more trading volume.

Bittrex? Seriously? Why would such a big exchange list unkown stable token as ROKS is now?

Bittrex...Maybe, Binance next? I think it just a rumour. Well, maybe after ROKS has enough volume on smaller exchanges, such ones as Bittrex will consider listing opportunity.

[jenya8855]

Is it now possible to pay with Bitcoin or other cryptocurrencies in Manila? Or other cities in the Philippines?

[Evgen1980]

I only there is possibility to buy BTC and some local stores around the country. I am not sure about payments with it.

[leohandry]

I hope ROKS will be listed on both inside and outside of the Philippines, so it will be possible to transfer them.

Yes, ROKS is now listed in ExMarkets.com and it will be listed at an exchange inside the Philippines also.

But there (on Exmarkets) is no trading volume for weeks. How will you explain this fact?

[Ferrianto]

Why did you mention Shapeshift and Evercoin in your Whitepaper? Do you have a cooperation with these projects?

Neither Shapeshift nor Evercoin are partners right now, but using their API does not require anything special so a partnership is not required in the beginning. This is for version 2 of the payment system where we aim to allow vendors to accept any major cryptocurrency (not only Ethereum). The fees for using Bitcoin, for example, would be exorbitant because it would include fees charged by either Shapeshift or Evercoin, but only in the beginning. If we get enough volume of transactions going through either of these exchanges, then we will propose a partnership to get discounts.

Thank you for the explanation, let me to find out more about Shapeshift and Evercoin, though.

[Silenceis4]

Philippines market ihas been already covered by many cryptocurrency solutions, includng government PHP backed token. It wouldn't be easy for ROKS to compete with them.

[wolfxam]

Why did you mention Shapeshift and Evercoin in your Whitepaper? Do you have a cooperation with these projects?

The fees for using Bitcoin, for example, would be exorbitant because it would include fees charged by either Shapeshift or Evercoin, but only in the beginning.

You are right. Even the Ethereum gas + your own (Rockstable) fees, may seem too expensive for some users. I hope it not will be a problem.

[maigovinglis]

There is one more big exchange, BuyBitcoin. And ROKS can have a recognition only if listed on one f these exchanges, I suppose.

[sages]

Due to the fact I am not Filipino, I will only wait when you decide to become a global remittance solution.

Agreed. Global remittance market can reach $1T in a few years, so there is a room for many ambitious projects.

[Evinder]

What wallet will be better to use with ROKS? Opera wallet, simple MEW or some other wallet?

[siddmekami]

I hope ROKS will be listed on both inside and outside of the Philippines, so it will be possible to transfer them.

Yes, ROKS is now listed in ExMarkets.com and it will be listed at an exchange inside the Philippines also.

But there (on Exmarkets) is no trading volume for weeks. How will you explain this fact?

The first reason is it has no sense to buy ROKS at the moment. The second reason that Exmarkets is not so popular exchange, it has trading volume only for around $1M daily.