Two Tokens Model- Alprockz Whitepaper Chapter 9

ROCKZ
2 min readDec 28, 2018

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Two tokens will function within the framework of the platform: Alprockz (APZ) and ROCKZ (RKZ).

Alprockz (APZ) tokens are ERC-20 tokens issued by Alprockz AG during the ICO. We create Alprockz (APZ) as a utility token, allowing users to access the ROCKZ platform, access discounts on transaction fees based on the maturity of their Alprockz (APZ) holding, and benefit from various services: Redemption of ROCKZ (RKZ) in fiat currency on your bank account, the issuance of Bank cards, and the possibility of using collateralized debt instruments. We understand that it is unusual to design the platform this way, and that not all stablecoin projects use additional tokens to collect funds.

There are reasons why we do this:

1. To ensure full compliance with modern, more stringent legislation;

2. To build a strong community around our project. ROCKZ (RKZ) is designed for investors and cryptocurrency users, therefore we believe in the importance of running an ICO in order to build an ecosystem of contributors and users!

3. To raise the required funds for a best-in-class development of the platform. After two capital increases, we have decided to reach out to the public directly and only accept the support of specific Equity / Venture Capital funds when they bring highly strategic value to ROCKZ (RKZ).

Alprockz (APZ) tokens, bought during the ICO will give ICO participants lifelong benefits and bonuses, including priority access to all future developments on the platform. Alprockz (APZ) are a requirement in order to provide the crypto community with that most necessary solution; the ROCKZ (RKZ).

ROCKZ (RKZ) tokens are ERC-223 tokens that will be issued on demand only (no pre-minting will occur) through the platform, according to users’ orders, to exchange BTC, ETH or CHF for tokens. ROCKZ is the base token of the platform, permanently backed by the equivalent of CHF at a ratio of 1: 1.

In our next chapter we will explain in depth the relation between RKZ and APZ, as well we will provide further details regarding the utility of APZ.

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Let’s ROCKZ !

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