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Topic: [ANN] New Stabletoken ROKS on the Ethereum network - page 32. (Read 19144 times)

newbie
Activity: 170
Merit: 0
I found profile of your CEO Carlos Tapang on Medium https://medium.com/@carlostapang_15490, some of the articles are really very interesting.
Why no more articles since 7th of July then? I'd like to read more of them.

We will have more articles soon. Just stick around all our channels and we will keep you posted.
newbie
Activity: 170
Merit: 0
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.
I understood, what about covering Filipinos press then? Is there many cryptocurrency portals in Philippines?

Cryptocurrency is not a big Industry yet in the Philippines. It is still growing and developing. Once we will be able to partner with big companies and other partnership deals then we will tap on the press and Philippine media to help us out with press releases.
newbie
Activity: 170
Merit: 0
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.
What countries? USA, Saudi Arabia, what else? And how will you cover them? I mean, cooperation with local exchanges, press?

We don't have the details yet but we will let you guys know once we have the updates on it. We will be posting it on all Social Media Channels. Thanks
newbie
Activity: 30
Merit: 0
I'd like to see the project than can really help Filipinos and other nations in future, in many different ways, and want fail as 90% of unstable cryptos.
newbie
Activity: 28
Merit: 0
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?
As I understood, they don't have any proof of reserves and also they will release tokens only in exchange to fiat.
newbie
Activity: 33
Merit: 0
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.
What countries? USA, Saudi Arabia, what else? And how will you cover them? I mean, cooperation with local exchanges, press?
newbie
Activity: 93
Merit: 0
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.
I understood, what about covering Filipinos press then? Is there many cryptocurrency portals in Philippines?
newbie
Activity: 28
Merit: 0
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"?
You can wait and buy it on different exchange. They price will be the same then:) ROKS may be successful only if listed on many exchanges.
newbie
Activity: 42
Merit: 0


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.
Hope this information will be available soon, because ROKS has such concept "medium of exchange" that has to be on many of them.
newbie
Activity: 55
Merit: 0
So many questions here, I see interest to your project and token is growing day by fay.
newbie
Activity: 40
Merit: 0
I found profile of your CEO Carlos Tapang on Medium https://medium.com/@carlostapang_15490, some of the articles are really very interesting.
Why no more articles since 7th of July then? I'd like to read more of them.
newbie
Activity: 28
Merit: 0



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.
I'm looking forward for the further announces, and expect them not to be very late. How many companies do you want to partner at first?
newbie
Activity: 43
Merit: 0


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
newbie
Activity: 170
Merit: 0
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.
newbie
Activity: 170
Merit: 0
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.
newbie
Activity: 170
Merit: 0
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.
newbie
Activity: 170
Merit: 0
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
newbie
Activity: 170
Merit: 0
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.
newbie
Activity: 170
Merit: 0
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.
newbie
Activity: 30
Merit: 0
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?
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