Unique Stable Coin service powered by the Rockz platform

Regardless of the increase in price and the gained attention the crypto ecosphere received with the spike in price experienced in 2017, the crypto market is still in its infancy and bedeviled by some shortcomings. It is of no doubt that cryptocurrency and blockchain have the tendency to uplift any industry it gains deployment and of a truth, it has greatly impacted the finance industry. Lately, low-level investors have been limited in choice of Initial public offerings (IPOs) due to the new trend in venture capital investment and private equity, high-quality startups have been restricted to the “money bags” of the society which includes professional investors and high net worth individuals. This investment model has given rise to a deleterious distribution of wealth in the society with the rich getting richer and the poor getting poorer.
Cryptocurrency brought about a new and more efficient funding model in Initial coin offering (ICO) but nevertheless, some inherent issues plaguing the blockchain eco-sphere has dispirited investors. These issues include lack of security, market risk associated with volatility, the absence of quick and reliable means of taking profit from the crypto, lack of a gateway to the traditional financial economy and counterparty risk.
Introducing Rockz

Rockz is a platform that wishes to solve the above problems of the crypto-ecosphere by introducing its stable Coin which is backed by the Swiss Franc (CHF) and this provides an adequate means to protect ICOs and it investors. The ICO model has recently been bedeviled by the decline in prices of most cryptocurrencies, which has led to a sharp decline in value collected during these events. Rockz provides an efficient means to mitigate this loss and allow projects to move forward with their roadmap rest assured that funds required for operational cost will not be affected by market volatility. Crypto enthusiast and institutional investors planning to opt into the crypto eco-sphere have long been plagued by issues such as volatility, lack of a mechanism to cash out via fiat currency, the absence of regulatory backing amidst protection of investment but with the Rockz platform, a lasting solution to this problems has been provided. Unlike other stable coins, Rockz gives it holders direct ownership of fiat currency, boast of holders protection in case the platform goes bankrupt, gives room for holding in physical bank notes and lastly is reserved in a currency(CHF) that is strong, stable and appreciative.

Four core reasons why the Rockz platform will definitely be a success

1. The notable cryptocurrencies of today have still not been able to gain mass adoption into the E-commerce industry even with the unquestionable potentials blockchain technology proposes to the industry which is plagued by censorship, high transaction cost, need for rigorous user verification processes and centralization. Rockz is highly adaptive to the E-commerce industry not just because of its reduced transaction fee it proposes but also because of the liquidity to fiat currency which other stable currency can’t really boast of.
2. The Rockz platform is fully regulatory compliant and transparent unlike some stable coins in the crypto eco-sphere. The Crypto eco-sphere is still in its infancy but the need for regulations is a necessity in a bid to protect investors from the uncertainty associated with cryptocurrency as an emerging market. The Rockz platform is a patent of Alprockz AG which is a Swiss company incorporated in Zug and the platform intends to put up reserves held on a fiduciary basis for Rockz holders in banks and vault operators. This feature allows Rockz coin holders to get Swiss francs from banks and vault operator in a situation the Rockz platform go bankrupt.
3. The Rockz platform intends to have a distinguishable ecosystem which comprises of early crypto adopters, institutional investors, corporate/ private investors, crypto traders, merchants, and common users. In a bid to render optimal performance on the platform, the Rockz platform has implemented diverse measures which include: core review system, top of the art cluster technology,24/7 monitoring of platform health, ultra secured data centers to protect user data and the ethereum public blockchain. The platform will be integrated with API for banks, broker, partners of the platform and lastly Exchange API. The platform will also support multiple bank accounts, multiple RKZ/APZ wallets on native apps(android/IOS).
4. The Rockz platform boasts of a unique token economy that features two tokens namely Alprockz (APZ) and Rockz (RKZ). RKZ will be issued as erc-223 tokens based on demand on the platform and backed against the CHF on a ratio of 1:1 while APZ is an erc-20 token built on the ethereum blockchain and as the utility token on the Rockz platform plays the following roles: access to discounts on transaction fees, benefit to various services on the platform and lastly provides a means of raising funds for the development of the platform. APZ has a maximum supply of 175 million units and is currently available for sale in an initial coin offering that started on the 1st of February 2019 and is scheduled to end on the 30th of June 2019.
   

Conclusion
The Rockz platform is offering unbeatable services that none of the existing stable coins have been able to provide. With the platform future offer to issue credit card and collateralized loan to its users, the Rockz platform will definitely be immense in ensuring further adoption of cryptocurrency and on an interim point of view Rockz will lead to improvement in the state of the crypto-ecosphere with its unique cash out to fiat(CHF) mechanism and its stable, regulatory and user friendly services.
For more information on the Rockz platform check out the following channels:
Website ⇒ https://alprockz.io/
Whitepaper ⇒ https://s3.eu-central-1.amazonaws.com/alprockz-docs/RockzWhitePaperEnglish_v2.pdf
Telegram ⇒ https://tele.click/ROCKZchat
Telegram ⇒ https://tele.click/RockzPlatform
Facebook ⇒ https://www.facebook.com/RockzPlatform/
Twitter ⇒ https://twitter.com/RockzPlatform
Medium ⇒ https://medium.com/@rockz
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