R0ok Token discloses its future plans during an AMA with popular group BlockChainSpace
Q: Who is Tyler and what is his role in the team?
A: Ty is the founder of r0ok Token, the crypto we are here today to speak about, and the founder of r0ok Clothing Co, which is a clothing brand based in the USA, that was solely created on the principle of spreading mental health awareness.
Q: What is R0ok Token all about?
A: To sum it up, Ty created r0ok Token as a charity token that has two main purposes.
1) To give the crypto community a token they can have complete trust and faith in while building wealth for themselves.
2) To create a steady source of donations for the mental health community that stems from the crypto space.
By simply buying and holding $R0OK, you are helping an important part of the bigger cause by helping create awareness for a worldwide epidemic.
Q: What are the $R0OK tokenomics and what kind of value does the token add to the ever-expanding DeFi ecosystem?
A: So r0ok Token has a relatively easy tokenomics breakdown. There were only 500 million tokens minted, 25% was burnt at launch(with possible plans to burn more later based on r0ok’s growth) leaving around 375million tokens total, with a 6% transaction fee for every transaction. 2% as rewards for holders, 2% to the charity wallet (which creates a constant source for donations), and 2% to further project development (to make sure the team can keep the project evolving). The team also has a large chunk of the remaining supply locked as a charity wallet, with different vesting dates. As those unlock, the project will be making bigger and bigger donations as certain milestones are met.
Q: What has R0ok Token accomplished till this date and what are the future plans for R0ok Token?
A: Presale maxed out at the end of May, launched 31 May. R0ok quickly had our first AMA with TGH, got listed on tip.cc (which is a real-time crypto-tip system), got celebrity support from WWE Hall-Of-Famer Rob Van Dam, and a lot of support from a couple of big crypto influencers. It pushed marketing pretty hard for about a month while waiting for a Coingecko listing, which finally occurred about 2 weeks ago. A 500k token airdrop was announced alongside this AMA last week. As of yesterday, r0ok Token is now accepted as a form of payment in the r0ok Clothing Co online retail store while negotiating with other online retailers right now, and r0ok is officially partnered up with Wolves Of Alt Street, which is one of the most popular altcoin discord servers. The team is currently working on hammering out the first corporate sponsorships with some big players in the American Mental Health industry, and they’re awaiting a Coinmarketcap listing right now. R0ok anticipates massive growth over these next two weeks, as they have a highly calculated marketing plan that is built from a combination of personal marketing experience with R0OK CLOTHING CO. and working with several crypto projects, holding a wide variety of positions before starting r0ok Token.
Q: Right now there are a lot of charity tokens aimed at helping humans and saving animals from extinction and many other charitable causes, you are the first platform focusing on mental health, why did you specifically choose to help those with mental health issues, is there any story behind this ?
A: There’s actually a huge reason why Ty started a charity token. He also owns a brand that is dedicated to mental health awareness. He has struggled with mental illness his whole life and started the brand because he wanted a way to share his art with the world while helping other people specifically not feel how he felt after being exhausted and beat down for his whole life. After Tyler joined the crypto space and got some experience working for a slew of other projects, it just made perfect sense for Ty to start a charity token that is mental health-based. There are so many “charity tokens” out there, but none of them are backed by an established global brand, few of them have documented owners, and none have an owner that dedicated themselves wholly to creating a community of warriors that will be there for each other and help each other grow, while all working together to help the token itself grow.
Q: As a community charity token aimed at improving mental health awareness, which partnerships has r0ok formed with mental health organizations, is the team working with anyone currently, also can the community suggest and decide on which charities to support?
A: R0OK hasn’t partnered with any mental health organizations officially yet, because, it is a very fragile thing to be finalized with a corporation, with a lot of terms and agreements that have to be met. But Tyler has personally built strong relationships with a few charities through his brand, and the team anticipates using some of those relationships to r0ok Token. The team is working on ironing out the details of two major partnerships with big names in the American Mental Health system while working on a global name as well, which as you can imagine, is an extremely fragile situation, but the team believes they can solidify an agreement without a problem. Ty is also finishing an agreement on a partnership with RVD.
Q: Success requires engaging with the community. Reach out to the community in a fair way. What are the benefits to the community?
A: The team anticipates massive growth in the coming months they’ve met every single piece of the roadmap to date, even early for some of them. As for benefits to being a member of the community, first, the token will always include 2% of all transactions made being distributed as a reward amongst holders. R0ok holders are the most important part of r0ok Token because the community of hodling warriors are there to help each other grow in several ways. The team expects organic growth because r0ok warriors are always bringing their friends in on recommendation because the team is here for the community 24/7. R0ok warriors and the team will also help any warriors who are suffering from mental health issues. Plans for the future include r0ok’s iOS/Android apps having access to resources for help with mental health problems, varying based on location. This will equate to the token being a massive success.
Q: As a clothing brand, what inspired r0ok clothing to venture into the development of $ROOK token, and is this beneficial for the clothing brand itself?
A: Ty has done many interviews (even one globally broadcasted live on iHeart Radio) about this. He started r0ok Clothing because He struggled with mental illness my entire life. Tyler was always looking for ways to focus his negative energy and at the same time, was trying to think of ways to prevent people from feeling the way he was in the future. So he threw together some art for some t-shirts, registered r0ok as a company, and started selling shirts with designs that all had positive taglines on them, to promote mental health awareness. Since starting r0ok Clothing Co officially in 2019, and officially beginning donations in 2020, r0ok has donated to over 10 different charities to date. All donations were taken from the profits on every sale that was made. For more information on r0ok Clothing Co or the donation history, you can find that on the brand website. (r0ok.com)
Q: Most investors prefer to invest in projects that will give them a good ROI. Are there any farming or staking programs that will be made available for investors in order to increase liquidity and generate returns?
A: The team is currently looking at different exchanges to open farming and staking programs with. Once they narrow the list down, they will update the roadmap and make announcements accordingly. But to answer this question quickly, they aren’t available yet, but there are plans to add them in the near future.
Q: What does r0ok mean?
A: The Rook is a chess piece that is always underestimated but holds a lot of power at the end of a chess game. The lowercase format of r0ok represents that we are not better than anyone else. And the zero in r0ok represents feeling like nothing, like zero.
Q: Crypto users don’t want to lose their assets to some scam projects that run away and disappear with investors’ money. Why should people invest in R0ok?
A: R0ok isn’t just a project that was formed by somebody who randomly created a token to take advantage of people. Ty founded his brand 2 years ago and started the token with the same principles. Spreading mental health awareness and preventing future generations from going through what he has been through is a passion of his, and that will never change. R0ok wants to change the “charity coin” as it is known today and set new standards for all charity coins moving forward.
Q: When it comes to donations to the mental health community, is it a single institution? Or are they different mental health institutions?
A: R0ok will be donating to many different organizations that all support different aspects of mental health. From research, to support, to treatment, and more. But the community will be alongside when the team chooses these organizations.
