[ANN] New Stabletoken ROKS on the Ethereum network - page 39.

workasset1

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Quote from: ParryMcD on August 05, 2019, 06:58:27 AM

I would like to know how ROKS can help business? People in business are often to conservative to use such innovative solutions

Roks is our stablecoin and mainsale app is allows small businesses worldwide, within territories defined in our payment system, to accept payments in ethers (the Ethereum Network main currency) or ROKS (our stable token). You can transfer fiat in exchange to buy roks.

workasset1

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Quote from: borkojo on August 05, 2019, 09:25:59 AM

I didn't understand, can I buy ROKS on Exmarkets right now? Or when I will be able to buy it?

You can try buying a few ROKS now at ExMarkets.com, but you may only use USDC to buy it. Without local exchanges that accept it in your country, however, there's not much you can do with the ROKS you buy. Hodling it won't make sense either. That's why it's important that we build the network of evangelists and vendors that accept it.

workasset1

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Quote from: Lucky1404 on August 05, 2019, 10:12:07 AM

Quote from: flyonwall on August 03, 2019, 07:39:21 AM

Quote from: hotforblockchain on July 23, 2019, 05:55:33 AM

Quote from: workasset1 on July 22, 2019, 09:46:36 PM

-Overseas Filipino Workers (OFWs) buy ROKS and a tiny amount of ETH from ExMarkets.com for sending to their relatives back home in the Philippines (the beneficiaries). They send ROKS and a very minimal amount of ETH (for Ethereum gas) to their relatives using their “wallet” in ExMarkets.com. It is also possible to buy and send just ETH.

-The beneficiary relatives receive the ROKS and ETH in a couple of minutes. They use the Opera crypto wallet in their smartphones to get an Ethereum address (account) and keep track of their money in that address. They also use the Opera wallet to pay vendors.

-Vendors have to have the RockStable point-of-sale app MainSale to be able to accept ROKS. Evangelists sells territorial rights to MainSale to the vendors.

-Vendors collect ROKS they receive as payment. At certain periods (maybe weekly), vendors sell their ROKS at coins.ph, pdax.ph, or citadax.ph for PHP or USD. Evangelists help their vendors sell their ROKS.

-RockStable sells ROKS to OFWs in Bittrex; we buy ROKS from vendors in the Philippine exchanges.

You can check out our case uses: https://rockstable.io/use-cases

This is all good but why you would need new coin for this, you could easily achieve this by using any other currency with fast transfer which would be changed in the other end to USDT or FIAT fast enough.
Still the question remains also , those who would need to use those transactions .. do they have smartphones and knowledge how to use them This still is my main concern.

Each stablecoin has its own stabilization mechanism. Ours is very simple in the beginning and we will automate and decentralize what can be automated and decentralized.

We are unique among stablecoins in that our initial focus is on the accept-side. We call this accept-side strategy "value trust transference". I am writing an article about this in three months. Once you get the idea, you yourself will want to introduce your own stablecoin

What are you going to automate and decentralize? You should aim to have a working product at first.

please try to backread through the threads. We already have a working product and it is already out in both IOS and android versions. It's called the mainsale app.

workasset1

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Activity: 170

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Quote from: sirb3y on August 05, 2019, 11:01:50 AM

Do you already have partnership with big retailers, private business or financial groups? How can we be sure anyone will accept Rockstable soon?

We have partnered with both Harmony and Hedera Hashgraph. We will have more partnership news soon both international and domestic partners

workasset1

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Activity: 170

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Quote from: helenka on August 05, 2019, 03:46:16 AM

What do you think about current bitcoin price rising? Will it last for long? And how does market situation affect on ROKS?

We are currently seeing a slow bull run. Hope this momentum will carry all altcoins. This is one why we chose to create a stablecoin for situations like market downtrend.

sirb3y

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Activity: 32

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Do you already have partnership with big retailers, private business or financial groups? How can we be sure anyone will accept Rockstable soon?

Lucky1404

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Activity: 13

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Quote from: flyonwall on August 03, 2019, 07:39:21 AM

Quote from: hotforblockchain on July 23, 2019, 05:55:33 AM

Quote from: workasset1 on July 22, 2019, 09:46:36 PM

-Overseas Filipino Workers (OFWs) buy ROKS and a tiny amount of ETH from ExMarkets.com for sending to their relatives back home in the Philippines (the beneficiaries). They send ROKS and a very minimal amount of ETH (for Ethereum gas) to their relatives using their “wallet” in ExMarkets.com. It is also possible to buy and send just ETH.

-The beneficiary relatives receive the ROKS and ETH in a couple of minutes. They use the Opera crypto wallet in their smartphones to get an Ethereum address (account) and keep track of their money in that address. They also use the Opera wallet to pay vendors.

-Vendors have to have the RockStable point-of-sale app MainSale to be able to accept ROKS. Evangelists sells territorial rights to MainSale to the vendors.

-Vendors collect ROKS they receive as payment. At certain periods (maybe weekly), vendors sell their ROKS at coins.ph, pdax.ph, or citadax.ph for PHP or USD. Evangelists help their vendors sell their ROKS.

-RockStable sells ROKS to OFWs in Bittrex; we buy ROKS from vendors in the Philippine exchanges.

You can check out our case uses: https://rockstable.io/use-cases

This is all good but why you would need new coin for this, you could easily achieve this by using any other currency with fast transfer which would be changed in the other end to USDT or FIAT fast enough.
Still the question remains also , those who would need to use those transactions .. do they have smartphones and knowledge how to use them This still is my main concern.

Each stablecoin has its own stabilization mechanism. Ours is very simple in the beginning and we will automate and decentralize what can be automated and decentralized.

We are unique among stablecoins in that our initial focus is on the accept-side. We call this accept-side strategy "value trust transference". I am writing an article about this in three months. Once you get the idea, you yourself will want to introduce your own stablecoin

What are you going to automate and decentralize? You should aim to have a working product at first.

borkojo

newbie

Activity: 12

Merit: 0

I didn't understand, can I buy ROKS on Exmarkets right now? Or when I will be able to buy it?

Galaxy23

newbie

Activity: 32

Merit: 0

Quote from: sirb3y on August 04, 2019, 09:44:54 AM

People won't help you for Evan tokens. Firstly, they don't even know its price. Secondary, they can't be sure Evan will be listed somewhere and its price won't be dumped

From their Telegram: "Every EVAN token used represents income to the evangelist: we will pay 1 ROKS for every EVAN token used to install the MainSale app. "

vitalio

newbie

Activity: 31

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Finally, a stable coin with mass adoption. And not only for exchanges, but different purposes. This idwa should work, at first in Philippines, then globally

ParryMcD

newbie

Activity: 12

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I would like to know how ROKS can help business? People in business are often to conservative to use such innovative solutions

Graf

newbie

Activity: 33

Merit: 0

Quote from: LEVADA on August 04, 2019, 11:50:31 AM

I hope you have plans to cooperate with such top exchanges like Binance, Coinbase, maybe Indodax. Exmarkets is not serious.

Even Exmarkets, that has only 500K $ trading volume, according to their statistics, already has a bunch of stablecoins on it

JEFFREYonBT

newbie

Activity: 34

Merit: 0

Why would vendors and retailers accept Rockstable? What benefits for them?

omegagd

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Activity: 14

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Quote from: don8297 on August 04, 2019, 01:36:16 PM

Rockstable can be a real threat for current stablecoins, as it has more preferences among them. The question is only about adoption.

What preferences does it have? I mean to be more successful they have to be etheir simply the best or one of the most known

helenka

newbie

Activity: 27

Merit: 0

What do you think about current bitcoin price rising? Will it last for long? And how does market situation affect on ROKS?

workasset1

newbie

Activity: 170

Merit: 0

Quote from: bercy on August 04, 2019, 05:23:03 AM

Quote from: flyonwall on August 03, 2019, 07:42:50 AM

Quote from: oksiov on August 03, 2019, 05:54:53 AM

Why you can not establish an Evan cost at the start? It is very important for investors

It's free at the start (price = 0) that's why there's no point in listing it in any exchange initially. This is to attract the first evangelists and vendors to our payment system.

If it's free, what's the profit for evangelists to recieve this tokens? Or they can use them for different ways?

EVAN tokens represent territorial licenses and are free initially. Each evangelist is local and belongs to a territory. In this territory (usually a city), there can be several evangelists. Each evangelist can recruit and license a number of vendors, depending on how many EVAN tokens he holds in his wallet.

Every EVAN token used represents income to the evangelist in two ways: we will pay 1 ROKS for every EVAN token used to install the MainSale app. The other income source is a large portion of the transaction fee for every ETH payment, 70% of the 1% transaction fee, or 0.7% of every payment amount. The payment smart contract automatically pays the evangelist this 0.7% for every transaction.

workasset1

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Activity: 170

Merit: 0

Quote from: maicon1998 on August 04, 2019, 07:32:51 AM

How are you going to promote Rockstable token? Conferences, meetups, paid advertising, medua coverage?

We already have marketing strategies in line for Rockstable. It's just a matter of making sure that we develop our product or platform first which is the mainsale app. We want to make sure that there are no bug or glitches. We already have a timeline specifically for marketing. We will keep you posted.

workasset1

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Activity: 170

Merit: 0

Quote from: syesraypb on August 04, 2019, 09:15:27 AM

Why do you think that new stabletoken like this project will become available, not even Philip will interesting with

I don't understand your question. Can you please elaborate?

workasset1

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Activity: 170

Merit: 0

Quote from: sirb3y on August 04, 2019, 09:44:54 AM

People won't help you for Evan tokens. Firstly, they don't even know its price. Secondary, they can't be sure Evan will be listed somewhere and its price won't be dumped

It's really just a matter of educating people about the benefits and purpose of Evans. Once they understand the difference between Roks and Evans then they will be interested in it.

workasset1

newbie

Activity: 170

Merit: 0

Quote from: nouurhan on August 04, 2019, 10:47:16 AM

Quote from: flyonwall on August 03, 2019, 07:39:21 AM

Quote from: hotforblockchain on July 23, 2019, 05:55:33 AM

Quote from: workasset1 on July 22, 2019, 09:46:36 PM

-Overseas Filipino Workers (OFWs) buy ROKS and a tiny amount of ETH from ExMarkets.com for sending to their relatives back home in the Philippines (the beneficiaries). They send ROKS and a very minimal amount of ETH (for Ethereum gas) to their relatives using their “wallet” in ExMarkets.com. It is also possible to buy and send just ETH.

-The beneficiary relatives receive the ROKS and ETH in a couple of minutes. They use the Opera crypto wallet in their smartphones to get an Ethereum address (account) and keep track of their money in that address. They also use the Opera wallet to pay vendors.

-Vendors have to have the RockStable point-of-sale app MainSale to be able to accept ROKS. Evangelists sells territorial rights to MainSale to the vendors.

-Vendors collect ROKS they receive as payment. At certain periods (maybe weekly), vendors sell their ROKS at coins.ph, pdax.ph, or citadax.ph for PHP or USD. Evangelists help their vendors sell their ROKS.

-RockStable sells ROKS to OFWs in Bittrex; we buy ROKS from vendors in the Philippine exchanges.

You can check out our case uses: https://rockstable.io/use-cases

This is all good but why you would need new coin for this, you could easily achieve this by using any other currency with fast transfer which would be changed in the other end to USDT or FIAT fast enough.
Still the question remains also , those who would need to use those transactions .. do they have smartphones and knowledge how to use them This still is my main concern.

Each stablecoin has its own stabilization mechanism. Ours is very simple in the beginning and we will automate and decentralize what can be automated and decentralized.

We are unique among stablecoins in that our initial focus is on the accept-side. We call this accept-side strategy "value trust transference". I am writing an article about this in three months. Once you get the idea, you yourself will want to introduce your own stablecoin

Thank you. But why only in 3 monthes? Isn't it too long to wait? When are you going to release the full version of Rockstable?

We already released our Mainsale app and its already available in IOS and android version.

Topic: [ANN] New Stabletoken ROKS on the Ethereum network - page 39. (Read 19144 times)