The project founder (Yassen Ben Hamida) said that the main problem of today’s crypto industry is the absence of a solid connection with the real economy. Crypto markets are very easy to enter, but exiting market is associated with costs, risks and difficulties. These days many teams are trying to develop stable cryptocurrencies to facilitate global adoption and avoid risks that are mentioned above.
Tether is the best-known solution to this problem. Rapid growth and over $2bn market capitalization shows massive demand for such stable coins. However, Tether and other similar asset-backed coins have many flaws that ROCKZ does not have.
It’s time to create a truly reliable and stable cryptocurrency that will become a solid bridge between the traditional and digital economies. That’s the reason we created ROCKZ.
ROCKZ is a bridge connecting crypto with traditional financial systems, allowing investors to book profits while staying in crypto. Our mission is to make the cryptocurrency market more transparent, secure and reliable for its users and to secure the blockchain's reputation and potential for future generations.
More about ROCKZ, watch the video below:
The ROCKZ platform is designed for several types of users:
EARLY CRYPTO ADOPTERS
Private crypto investors who have successfully completed investments in the cryptosphere and want to protect their wealth by sheltering it from market, security and counterparty risks. ROCKZ offers a ‘safe harbour’ for their wealth when the seas gets rough.
INSTITUTIONAL CRYPTO INVESTORS AND FUND MANAGERS
Institutional investors are increasing their participation in this new asset class. For both short and long term trading, they require a mechanism to pause between periods of investment activity.
CORPORATES, SERVICE PROVIDERS AND PRIVATE INVESTORS
ROCKZ is designed for corporations investing directly for their own account, and service providers acting on behalf of their clients, as well as private individuals who wish to receive payments in cryptocurrencies, but are unwilling to take the market risk related to main coins. All are looking for ease and convenient availability in the collection of their payments, while still maintaining the security and stable values of their assets. Again, ROCKZ suits all of their needs perfectly.
CRYPTO-TRADERS
Crypto traders systematically make several deals a day, or week , depending on their trading style. As was mentioned above, these users need an instrument that allows them to fix positions fast and switch to new target searches. Currently traders use Tether, being under counterparty risks, or Bitcoin, being under market risks. ROCKZ is constructed to avoid both of these risks. Long term investors share the same problems – and the same solution.
WHY THE MARKET NEEDS ROCKZ RIGHT NOW?
One year ago three experts in traditional banking from Switzerland, monitoring the development of blockchain technology, decided to unite benefits of both systems. Thus the idea of ROCKZ appeared: to link in a chain the Swiss Franc and cryptocurrency.
The Swiss Franc is known to be the most constant in the world, but crypto is a foreseeable future. The coin Rockz is going to be a port in a cryptocurrency storm for investors: no more need to change coins into fiat currency and to incur expenses for fees and taxes. Change it for Rockz and reach to an absolute stability.
Every Rockz holder has a fully enforceable legal right to the exact amount of Swiss Francs equivalent to their Rockz coin holding. Up to 90% held in paper form in maximum security vaults high up in the Swiss mountains. 10% held as liquidity with most secure and trusted Swiss banks.
ROCKZ is suitable for all crypto investors who need a coin which is financially stable, legally enforceable and backed by the most stable world currency — the Swiss Franc.
DETAILS OF TOKEN GENERATION EVENT
Alprockz AG, in order to develop ROCKZ, issues a utility token, called Alprockz or APZ. Alprockz token is an Ethereum ERC20 token. The one-time amount issued will be up to 175 million APZ. APZ tokens not distributed will be burned.
Token Name - Alprockz (APZ)
Token Type - ERC20
Basis Blochchain - Ethereum
Total Token Emission - 175,000,000 APZ
Tokens Available during Private Sale and ICO - 26,250,000 APZ
Private Sale Dates - 01.10.2018 - 30.01.2019
ICO Dates - Q1 2019
ICO Token Price - CHF 0.60 per APZ
Private Sale Discounts
There are three buckets (approximately 5,833,000 tokens each) available on a «firstcome - first serve» basis.
- 01.10.2018 - 15.11.2018 - 40% discount.
- 16.11.2018 - 15.12.2018 - 30% discount.
- 16.12.2018 - 30.01.2019 - 20% discount.
Private Sale Minimum Buy-In Amount -CHF 1,000
ICO Minimum Buy-in Amount - 500 APZ or CHF 300 worth of value
Total funds to be raised (Hardcap) - CHF 12.6M
TOKEN DISTRIBUTION STRUCTURE
- 60 % - Treasury (In escrow with vesting mechanism over minimum of 36 months)
- 15 % - Founders, Core Team & Advisors (vesting plan over 18 months)
- 10 % - Accredited Private Sale (vesting plan over 18 months)
- 10 % - Early-stage/ seed investors
- 5 % - Public sale
USE OF FUNDS
- 55 % - Development & operations of ROCKZ platform
- 20 % - Promotion of ROCKZ adoption and other blockchain innovations
- 15 % - Treasury reserve for any unplanned events
- 10 % - Legal and Compliance
Up here explanation from me and to avoid all forms of fraud please look for accurate and reliable information or visit the Link I provide below:
WEBSITE:https://alprockz.io/
WHITEPAPER:https://s3.eu-central-1.amazonaws.com/alprockz-docs/RockzWhitePaperEnglish_v4.pdf
ANN THREAD:https://bitcointalk.org/index.php?topic=5066575
FACEBOOK:https://www.facebook.com/RockzPlatform/
TWITTER:https://twitter.com/RockzPlatform
TELEGRAM:https://t.me/ROCKZchat
Bitcointalk Username: Sadum