Marble Surface

What is ROKS?

ROKS is a stablecoin, a class of cryptocurrencies whose exchange rate is fixed with respect to an established, well-managed fiat currency. 

Marble Surface

Stablecoins have so far permeated crypto exchanges (both centralized and decentralized exchanges). USDT, the first successful stablecoin, was born and raised in exchanges, used mostly by traders. ROKS is designed to circulate among everyday people, for daily use.

Updated: Sep 12, 2019

You can be a Master Evangelist.

What is a Master Evangelist?

A Master Evangelist (ME) owns a geographic territory. Within this territory, the ME gets at least 0.3% and at most 1% of all ETH transactions.

Here's how it works.

You can own the fee rights to the Local Token Smart Contract for the Geographic Territory where you want to be the ME. Local Token smart contracts are all owned by RockStable, but you can own the fee rights to those smart contracts. Here's what you get for being the ME of a Geographic Territory (GT), which can be a town or a city:

1. You can form your own "army" of subordinate evangelists who will go out and spread the installation of the MainSale app in your GT; you don't have to do all the work.

2. Why would anybody sign up as an evangelist in your territory (GT)? Each evangelist can earn 0.7% of every ETH transaction processed through every MainSale app instance that she installs.

3. You earn 0.3% of every ETH transaction processed through all the MainSale app instances installed by your subordinate evangelists.

4. If a vendor installs the MainSale app on her own, you become the default evangelist and you earn the full 1% of fees for all ETH transactions through this self-installed MainSale app.

5. Smart vendors can assign themselves to be an evangelist in addition to being a vendor. In this case, these vendors only pay 0.3% in transaction fees, which all goes to you.

Note: the system does not charge transaction fees for ROKS transactions, only for ETH transactions. In version 2, customers will be able to pay using popular cryptocurrencies other than ETH, and in this case you would still get your 0.3% or 1%.

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  • RockStable

Updated: Sep 12, 2019

I am proud to announce that Ken has joined the executive team of RockStable to guide the company to funding and profitability.

Ken has helped Rock Stable from its early days as an advisor. Ken's decision to join us is a testimony to RockStable's potential to disrupt fintech through our cryptocurrency ROKS stablecoin.

Ken has stellar qualifications: He also manages digital transformation initiatives within the Treasury of Expedia Group, a global travel technology company and the world’s travel platform. His area of expertise encompasses investment management, foreign exchange hedging, liquidity management, and forecasting. In 2019, he was accorded the prestigious Adam Smith Award for financial innovation. Previously, Ken had also worked in the Reserves Management Group of the Philippine Central Bank, actively managing approximately ~$30B of Gold and FX International Reserves. Ken obtained his MBA from MIT Sloan School of Management, his CFA Charter, his CTP accreditation and graduated cum laude with a Bachelor’s degree in Management Engineering from the Ateneo de Manila University.

Carlos C. Tapang

Ken Bugayong presenting at the 2019 Northwest AFP Summit.

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