What is ROCKZ
ROCKZ is that the world's most bulletproof cryptocurrency. The ROCKZ mission is to form the cryptocurrency market clear, safe and trustworthy for its users, in order that we are able to secure the name and full potential of blockchain developments and therefore the cryptosphere for future generations.
ROCKZ may be a service, not a artifact. Its success are measured, not within the extreme valuations of the coin, however within the variety of individuals United Nations agency trust it as their ‘port during a storm’.
The objective for ROCKZ is to be widely known, trustworthy and employed by each skilled investors and personal participants of the new crypto reality. we've a declared aim of achieving a minimum three-dimensional market share, creating ROCKZ a necessary a part of the cryptosphere design.
WHY we've CREATED ROCKZ
The main downside of today’s crypto trade is that the absence of a solid reference to the $64000 economy. Crypto markets ar terribly simple to enter, however exiting market is related to prices, risks and difficulties. recently several groups are attempting to develop stable cryptocurrencies to facilitate world adoption and avoid risks that ar mentioned higher than.
Tether is that the known answer to the current downside. rising and over $2bn capitalization shows huge demand for such stable coins. However, Tether and alternative similar asset-backed coins have several flaws that ROCKZ doesn't have.
It’s time to make a really reliable and stable cryptocurrency that may become a solid bridge between the normal and digital economies. That’s the rationale we have a tendency to created ROCKZ.
PROBLEM STATEMENT
Traders and investors participating within the cryptosphere nowadays should learn to measure with sure risks. there's presently no reference or reserve currency that satisfactorily mitigates these risks. this suggests that, for the nonce, the sole safe method for crypto investors to secure their profits is to come back to enactment currency and thereby exit the cryptosphere.
This identifies associate degree inherent tension that, if left unsolved , can inhibit the long run growth of the cryptosphere as associate degree quality category.
Let’s examine the character of the risks at play.
Investors will leave enactment currency in sure exchanges, however can bear a counterparty risk since most of the exchanges ar unregulated. Unregulated exchanges ar effectively the house owners of the assets deposited by their shoppers, be they enactment or coins. just in case of bankruptcy, fraud or, (self-declared) hacking, those assets ar utterly at the chance of being lost. There ar a number of regulated exchanges that do defend deposits, however solely to a particular limit, supported country protection schemes. At best, there ar solely restricted protections for anyone depositing assets into exchanges.
On high of that, there's an enormous security risk, with several exchanges having been hacked throughout the previous few years. many legion bucks were taken in 2017, and in cases up to now in 2018, we've seen the whole variety of taken assets reach atrocious levels4 . once coins and tokens ar command at centralized exchanges, investors’ assets will disappear at intervals seconds, and usually ar ne'er recovered. it's happened and can happen once more.
Of course investors will, with some power and at extra value, transfer their crypto investments to cold wallets so as to mitigate some security risks. even so, cold wallets don't erase the market risk of holding main coins used as a pivot or reserve, like Bitcoin or Ethereum. These main coins still bear extreme volatility and thus don't eradicate all risks for investors.
Finally, crypto investors United Nations agency ar willing to require profits out of the system, be it on a short lived basis before coming into a brand new position, or on a permanent basis, incur high fees and time delays6. whereas a enactment payment takes solely a number of seconds to be created in most countries, transferring live of the cryptosphere will take days or weeks before being completed. throughout this point, crypto investors market, counterparty, and security risks.
There ar some choices to part minimize these trade risks, particularly market risk, like by the utilization of stablecoins, which, being backed by «classic» assets (like money or gold), ar comparatively stable. but these solutions might also have their own shortcomings. as an example, the foremost in style stablecoin, Tether, that currently has quite $2.9 billion in daily commerce volume, remains not the simplest selection in terms of transparency. it absolutely was suspected to possess a shortage downside during a reserves audit, and furthermore, of collaborating in potential cryptocurrency market manipulations7.
Compared to the benefit of coming into the cryptosphere as associate degree capitalist, creating an interruption between investments or going out of the cryptosphere will be expensive, risky and sophisticated.
THE answer
ROCKZ addresses a significant disadvantage of the cryptosphere: the shortage of a trustworthy anchor within the ancient economy — a thanks to book profits whereas still staying in crypto; some way to handle counterparty, security, and market risks.
Institutional investors, like funds, insurance firms or pension funds, ar willing to enter this new quality category, that is decorrelated from ancient investments. however to penetrate this new quality category they have some extent of reference, a secure harbour, a reserve coin. this is often ROCKZ.
The ROCKZ supply company permits investors and traders to exchange their main crypto currencies against a ROCKZ. for every ROCKZ issued, one Swiss franc (CHF) is command by the ROCKZ supply company for the account of the coin holders. By definition, ROCKZ is stable.
The ROCKZ supply company holds up to ninetieth of its reserves in Swiss Francs (the Reserves) in physical paper type (i.e., banknotes) that ar deposited in high-security Swiss mountain Bunkers and Vaults. The remaining 100 percent is command with numerous Swiss Banks to confirm short-run convenience of Swiss people Francs. ROCKZ is solid and agile.
The Reserves ar command by the ROCKZ supply company beneath a fiduciary mandate and ar quarantined from the company’s operative accounts. Even within the case of bankruptcy of the ROCKZ supply company, ROCKZ coin holders still have full access to their Swiss franc enactment reserves. ROCKZ holders ar protected.
The ROCKZ supply company is building a rigorous and strong legal framework that ensures that ROCKZ is effectively backed by the reserves of Swiss Francs which claims ar lawfully enforceable. ROCKZ is reliable.
ROCKZ is pioneering and fostering a brand new level of adoption for crypto enthusiasts and investors. ROCKZ erases the most crypto market risk by backing the coin to at least one of the foremost stable currencies, thereby reducing counterparty risk to a minimum. No alternative coin offers this level of protection.
DETAILS OF TOKEN GENERATION EVENT
Alprockz atomic number 47, so as to develop ROCKZ, problems a utility token, known as Alprockz or APZ. Alprockz token is associate degree Ethereum ERC20 token. The one-time quantity issued are up to one hundred seventy five million APZ. APZ tokens not distributed are 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
Check more information at official link
🌐 Website - https://alprockz.io/
⬜️ Whitepaper - https://s3.eu-central-1.amazonaws.com/alprockz-docs/RockzWhitePaperEnglish_v4.pdf
💬 Twitter - https://twitter.com/RockzPlatform
👥 Facebook- https://www.facebook.com/RockzPlatform/
🗣 Telegram - https://tele.click/RockzPlatform
👀 Medium- https://medium.com/@rockz
📘 Reddit - https://www.reddit.com/r/Alprockz/
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