The development of Cryptocurrency that we can see from the number of currencies registered at CoinmarketpCap, currently there are more than 2000 Cryptocurrency registered in the CoinmarketCap. However, only 10% of all Cryptocurrency has been registered with the CoinmarketCap which is said to be Successful. The slow development & adoption of the project is a major factor that makes a lot of projects that cannot survive in the cryptocurrency market. Several articles have discussed that 70% of ICOs held in 2018-2019 have failed. This has made some investors very disappointed with blockchain adoption through ICO. Stable Coin can be a solution to the problems currently faced by ICO, because the value of the currency already has a fixed value, this is what gives Rockz an idea to solve some of the problems we face today in the development of Cryptocurrency.
Overview
ROCKZ innovated to develop stable coins that will be used as an ecosystem platform from Rockz. ROCKZ is stable, permanently backed by fiat and doesn't have unnecessary counterparties, market or security risks. This makes ROCKZ a reliable tool to fix their profit and hold it in ROCKZ during turbulent times.
ROCKZ using a currency of Swiss Francs for backed the stable coin, They have some several reasons why they using CHF for the fiat backed. Because CHF offers real protection against inflation and devaluation, Another currency like USD over the last 50 years has lost 78% of its value to the CHF. Also Switzerland is a politically neutral country with long-held respect for the private sector. That's why ROCKZ Chose CHF for the backed fiat for the token.
ROCKZ Use Case
We, as users of the Rock platform or holders, will be given various benefits. We can use Rockz itself in the following things:
- Stable Coin.
Because Rockz is Stable Coin, we can use Rockz as one of the currencies to save profits by using Rockz. Estimates of the assets we have will not change because they have been backed up with fiat. - Payment Method.
Rockz can be used as one of the payment systems, this will make it easier for us to shop for the needs we need by using Rockz cryptocurrency. - Collateral Loan Facility
By storing the Rockz tokens with a predetermined amount, we will be given issuance guarantees. The amount of money guaranteed by the coin holders in ROCKZ with ROCKZ AG.
Different Rockz with other Stable Coin
Rockz is very different from some Stable Coins that have been circulating at the CoinmarketCap at this time, you can find out the difference between Rockz and other Stable Coins by looking at the table below.
Conclusion
It is expected that with the presence of Rockz will provide a new era in the development & adoption of Blockchain. Some interesting features that Rockz provides will make it easier for us as users in financial & investment matters. I am sure that the Team & Company from Rockz who have optimistic thoughts will be able to make Rockz very successful on Cryptocurrency. That's an article about the Rockz, if you want to find out more about the Rockz. You can visit the link below to get more information about Rockz.
Disclaimer: I am not a financial advisor and this is not to be considered financial advice, it is merely my opinion and any investment should not be taken without speaking to a qualified professional first.
Information Author :
Bitcointalk Username : ryzaadit
Bitcointalk Link : https://bitcointalk.org/index.php?action=profile;u=961598
Ethereum : 0x30Da07C0540834C4A933F3B5545960ab6EDFa32F