Topic: [ANN] New Stabletoken ROKS on the Ethereum network - page 34. (Read 19144 times)
What is Exmarkets trading volume right now? Why did you choose this exchange to start? I mean, if it really is no better exchange to place your tokens?
How to make profit using your coin? I understand it will be a stablecoin, but anyway
correct me if i am wrong but you call it stable coin when you pair it to a fiat such as USDT than BTC ?
Stablecoins have different stability mechanisms. Our stability mechanism is called "pegging" to a fiat like USD. This mechanism is very simple and it's based on trading. So we will have a large sell order for 1.01 USD and also a large order for 0.99 USD. Depending on current market volumes, our trade bot may place even larger orders behind these two "guard rail" orders to ensure that ROKS price does not break through the price limits 0.99 USD and 1.01 USD.
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.
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.
So, developing is almost done as I understood. After it's done, it will be time to concenrate on marketing, promotion and adoption.
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?
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.
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.
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.
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?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.
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
Hi. Have you heard about dusting attack against Litecoin? What do you think about it?
Well, this is another negative news that might or might not affect the entire cryptoscape. It all depends on the hype this news is getting but one thing is clear, scammers and hackers have been very bold with their methods, try to look for new ways to get peoples money or assets. We hope there will be more sophisticated ways of stoping these threats.
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?
Almost everybody is looking for different ways for saving money, for example, reducing costs for cross-boarder payments or remittance. And Rockstable can help peple with it, so it will definitely have demand.
How many stablecoins are there on the market? How many of them are your competitors or can be considered as competitors?
According to Forbes https://www.forbes.com/sites/tatianakoffman/2019/03/08/stablecoins-the-next-generation-of-digital-money/#3ba6ab6d23f3, there were more than 120 project before this March
There are more than 1 million Filipinos lived in Saudi Aravia, do you have plans to cover this market specifically?
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.
We already have many stable coins in the market already and some are just struggling in the market. I understand we need innovative and competitive project. I want to know how you intend to make this project different from the already existing stabl coins. Thanks
At first, I thought you are somebody from Rockstable team)) Then, when I read your post second time, I can say that I'm agreed with you.
Do you need more people in your team? Is there any option how to apply for a job at your project in Philippines?
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?Jump to: