Question 1

What is RocketCoin (ROCK)?

Accepted Answer

RocketCoin (ROCK) is the native utility token of the Rocket ICO platform, which positions itself as the first decentralised startup accelerator leveraging blockchain technology. Rocket ICO is based on a Decentralised Autonomous Organisation (DAO) model, fostering collaboration between project teams, investors, and experts. ROCK tokens support the platform's internal economy by enabling transactions, compensating contributors, and ensuring transparency through smart contracts​.

Question 2

What is RocketCoin (ROCK) used for?

Accepted Answer

RocketCoin (ROCK) is designed to facilitate a variety of functions within the Rocket ICO platform, including:

**Internal Transactions:** ROCK tokens are used for interactions between project teams, experts, and backers within the platform.

**Incentives and Compensation:** Experts and team members are rewarded in ROCK for their contributions, such as creating whitepapers or offering professional advice.

**Data Accumulation:** Transactions via ROCK provide data to assess the reputation and competency of platform participants.

**Transparency and Security:** Blockchain integration ensures that all transactions and collaborations on the platform remain transparent and secure​.

The token model avoids traditional limitations by not charging commission for internal transactions and using standardised smart contracts to enhance speed and reliability​.

Question 3

Who created RocketCoin (ROCK)?

Accepted Answer

RocketCoin (ROCK) was created by the Rocket ICO team, led by Gabil Tagiev as CEO and supported by key members including Arthur Pinchuk (CTO), Dmitry Korzhik (Product Development), and Gleb Solovyoff (CMO). The team brings expertise in blockchain development, strategic partnerships, and community management​.

***Although 'ROCK' was the ticker assigned at the deployment of the RocketCoin Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'ROCKETCOIN' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.***