[ANN] New Stabletoken ROKS on the Ethereum network

[pelweinoosu]

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?

I guess there is no need to make an IEO as the ROKS token has been listed already.

Yes, it has been listed but: 1)It has no trading volume 2)It has been listed on exchange outsude the Philippines so IEO still may have a sense.

[skyrvoorene]

Why did you create this empty page https://www.facebook.com/Rockstable-TOKEN-Stablecoin-100878764607161/?ref=br_rs instead of your main one?

[romulr]

Why don't you want to try working with the Philippines government or central bank? They could help and set your project to the next level.

How do you imagine that? Is there a government program of supporting crypocurrencies?))

[justdergvolre]

Another stablecoin, do we really need another if we have so many of them right now? Is it really something special?

Roks will be different from other stablecoins, The existing stablecoins out there are usually designed for exchanges while ROKS is meant as a medium of exchange for everyday stuff like groceries. Other stablecoins promises 1 to 1 backing at all times. We don't promise that because it amounts to very inefficient use of capital. However, we do promise to keep the peg to USD while USD keeps its value.

Than how could you say this is stable coin while there is no guarantee of capital than it will survive in long term. I think you want to say this is another cryptocurrency but want to sell at the amount of 1 USD and that is why you calling this new stablecoin.

That's right. How can we be sure your token be stable instead of trust n your words?

Don't worry about USD and its value, nothing can happen with it in the nearest future. Better worry about ROKS and how to keep its value stable.

[pelweinoosu]

I see you have Mainsale versions for ANdroid and ios, but is there a desktop version? Or is it even planned?

[pelweinoosu]

I can't login on your site. My Metamask is turned on, and I have logget into it. And still can't login on Rockstable.io.

[skyrvoorene]

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.

It may seem not so cheap fro crypto users. But it still much cheaper than such remitance solutions as Western Union, Remitly or Xoom.

Also, these payments services don't support many sending countries. Will ROKS be supported in the entire world? It's very important question.

[romulr]

I thought people use Ripple and XLM for remittance, but a stable token mayn be even better for some OFWs.

Believe me, not even 10% of all workers use cryptocurrencies (any of them) for remittance. Now it's time to change this fact.

[dedecrithyl]

I can't login on your site. My Metamask is turned on, and I have logget into it. And still can't login on Rockstable.io.

Why do you even need to log in Rockstable? There is no airdrop and no tokensale too.

[ramg1]

Maybe, if you have ROKS token, it will be possible to purchase something with it on the site.

[tiomeworksel]

Why don't you want to try working with the Philippines government or central bank? They could help and set your project to the next level.

How do you imagine that? Is there a government program of supporting crypocurrencies?))

For governments, stablecoins are considered as a threat for an economic and financial system.

[chicosci]

That's right but only if these stablecoins aren't backed by this government

[doteribo]

I thought people use Ripple and XLM for remittance, but a stable token mayn be even better for some OFWs.

Believe me, not even 10% of all workers use cryptocurrencies (any of them) for remittance. Now it's time to change this fact.

100%, if regular people hear about cryptocurrencies, they only think about Bitcoin, that is not stable and is too expensive for remittance. Rockstable team have a lot of educational work to do.

[mahamed1985]

I've found your survey on Facebook recently. And I should say you need to make more questions. Like "are you familiar with cryptocurrencies", "do you trust cryptocurrencies".

Just the fact they've created such survey, show us that they are making a market research of their future customers.

[doteribo]

Hi! How to explain a typical OFW or a typical vendor how Rockstable will work? In 2-3 sentences.

[flbest]

Exmarkets - still no trading volume. No more exchanges still. No news too. How much time we have to wait more?

[mahamed1985]

I've found your survey on Facebook recently. And I should say you need to make more questions. Like "are you familiar with cryptocurrencies", "do you trust cryptocurrencies".

Here are the results: https://www.surveymonkey.com/results/SM-PQB5YF7Q7/instant?results_referrer=facebook_messenger and it seems most of OFWs use "other" solutions for remittance.

It means they should add more options how to answer this question. As there are much more remittance solutions.

[roks2019]

Exmarkets - still no trading volume. No more exchanges still. No news too. How much time we have to wait more?

We will have more news soon. Just stick around and we will notify you.

[flyonwall]

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

We recommend the Opera browser wallet.

[flyonwall]

We have suspended all activities in our social media channels until now. We are back!

Here's what we have been doing:

1. We completed MainSale the mobile app that allows vendors to accept ETH and ROKS as payment; however, it still has issues and we are fixing those;

2. We closed a deal with Prime Trust in which ROKS will be managed by them. They will hold all USD backing.

3. We are building a remittance web app that allows OFWs to buy and send ROKS to their beneficiaries in the Philippines; we should have a beta version by end of January.

4. Still no exchange that lists ROKS in the Philippines. We will have one soon and are now activating the listing in ExMarkets.

Stay tuned.