Finally, a Stabletoken You can Use at the Corner Store
No., I can't. I will be able maybe, some day in undefined future (but I'm not sure).
Topic: [ANN] New Stabletoken ROKS on the Ethereum network - page 41. (Read 19143 times)
I heard that you are still preparing our trading system, when will be the full release of it?
Aren't you afraid of competition with news Philippines' stablecoin? It seems that government supports it.
Oh you mean the stable coin PHX which is backed by a Philippine bank? No, we are not afraid. We have different aims, Rockstable aims to be a stable coin that can be a medium of exchange in the future. Roks will become a household name in the remittance Industry.
Your mainsale has already been released. But how to use it? Is there any explanation for that? Sorry for the question
I really was sure your project is made for Filipinos and by Filipinos. Maybe, some people in your team are from Philippines but live and work in USA?
Does it really matter? Not only Filipinos, but the whole world wll be able to pay with Rockstable 
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.
-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
Aren't you afraid of competition with news Philippines' stablecoin? It seems that government supports it.
Oh you mean the stable coin PHX which is backed by a Philippine bank? No, we are not afraid. We have different aims, Rockstable aims to be a stable coin that can be a medium of exchange in the future. Roks will become a household name in the remittance Industry.
Why you can not establish an Evan cost at the start? It is very important for investors
I really was sure your project is made for Filipinos and by Filipinos. Maybe, some people in your team are from Philippines but live and work in USA?
Our project is not for Filipinos only. Anybody can buy it and send to their loved ones. We focus initially on the Philippines because we are not Facebook who can market to several countries right off the bat. And yes, some members of the team lives and works in the US.
As I understood, it will be hard for vendors to understand and install the MainSale app and they will need help with it, correct?
Our app is very user-friendly. You can download it now in android and IOS versions. Please let us know what you think. Thank you
Once your in google playstore, just type Mainsale app in the search box or try this link: https://play.google.com/store/apps/details?id=com.rockstable&hl=en
Where did you download it? what device are you using? Android? Iphone?
The most important about rocktable is its implementing and converting idea to real life. Only if your stable token be supported, fully implemented, you can achieve your goals.
Is your Mainsale app made only for vendors and retailers, how a regular crypto enthusisast can use it?
Our Mainsale app is not mainly made for vendors and retailers, anybody can use it for their different transaction and purposes. It is user friendly, fast and reliable.
How do you guarantee that the price of your tokens will remain stable in the long term? Are you going to put some money as collateral for that?
As they said, they won't do it and don't have any proof of reserves. Their idea is to place 2 huge bids: sell bid for $1.01, and buy bid for $0.99
Well, I'm agreed it is smart to use cryptocurrencies, for example, stable coins, for remittance? But this idea is nt new. So why not to use existing tokens/coins, that are more popular and more trusted?
As I understood, it will be hard for vendors to understand and install the MainSale app and they will need help with it, correct?
Our app is very user-friendly. You can download it now in android and IOS versions. Please let us know what you think. Thank you
Once your in google playstore, just type Mainsale app in the search box or try this link: https://play.google.com/store/apps/details?id=com.rockstable&hl=en
If Rockstable will really succeed and achieve their goals and red market comes again, I think, there is a big chance that new wave of stablecoins will return
So your Mainsale app https://play.google.com/store/apps/details?id=com.rockstable&hl=en is working now? Or is just being tested? How to use it?
Hi there. Will your solution for cross-board payments be cheaper and easier than current ones, like Paypal, Payoneer and others?
How Can You Participate?
Right now we have lined up a couple ways that you can participate:
- You can buy our EVAN tokens when it becomes available;
- You can buy our EVAN tokens and actively seek vendors who are willing to install our point-of-sale app called "MainSale".
We are currently applying to list our EVAN and ROKS tokens at exchanges. EVAN tokens are a territorial license to MainSale. Once listed, you can buy EVAN tokens as a passive participant or an active participant. You are a passive participant if you buy EVAN tokens and do nothing with these. You can sell them later, but once you sell and install our MainSale app to a vendor's device you become an active participant. As an active participant, the benefits are
- The vendor pays you for helping understand and install the MainSale app; and
- The payment system pays you 0.7% of the amount paid in ETH for every ETH payment received through that MainSale app.
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