shot-button
Banner Banner
Home > Brand Media News > How the Rocketize Memecoin will Deliver Decentralization like VeChain and Stellar

How the Rocketize Memecoin will Deliver Decentralization like VeChain and Stellar

Updated on: 04 November,2022 02:49 PM IST  |  Mumbai
BrandMedia | brandmedia@mid-day.com

The term decentralization simply means conducting transactions or making agreements without needing a third party. Yet, in the crypto industry, it means more than just that.

How the Rocketize Memecoin will Deliver  Decentralization like VeChain and Stellar

Decentralization could mean sending money to someone else without needing a bank as an intermediary. In some cases, it refers to accessing financial instruments like loans and mortgages without submitting loads of documents. In addition, platforms allowing users to vote on critical decisions before making them also use the term - decentralization.


In the case of Rocketize, decentralization means giving power to its community. Rocketize is a memecoin. Like Shiba Inu, the Rocketize team is basing the success of their project on a community of users that invest in the token.


Rocketize calls this community the Atomic Nation. It comprises everyone, either large investors or retail traders, who own Rocketize Token and is interested in the project's growth.


A notable fact about the Rocketize team is that they will not have a special wallet for storing their token, JATO. Most blockchain developers do that. They create a developer wallet and store a significant amount of their crypto in the wallet.

Although many use the tokens to develop the ecosystem, some developers have made away with investors' funds by selling the crypto in their wallets after the project met some setbacks.

Rocketize plans to avoid such possibilities no matter the situation. Therefore, there will be no developer wallet storing JATO tokens. This rule helps Rocketize remain decentralized and ensures that the JATO memecoin continuously retains value.

Rocketize Development Plan

To begin, Rocketize will ensure JATO is listed on crypto analysis platforms like Coinmarketcap and Coingecko. Next, the team will provide liquidity for JATO on decentralized exchanges. Therefore, anyone can buy or sell the token without hindrance.

Meanwhile, Rocketize has bigger plans than listing a coin. By 2023, the team plans to design blockchain games that will feature NFTs and use JATO as a utility token.

In addition, Rocketize will create a space program with the aim of spending satellites to the literal space. Hence, Rocketize will be rocket-themed, not only by name but by achievements.

Rocketize vs. VeChain

VeChain is an open-source blockchain for making crypto payments. It offers DeFi services like multi-task transactions and crypto payments by multiple parties.

VET also helps control the timeline of a payment. If you wish to stop a payment from processing after a specific time, VeChain's expiration fields achieve that. This service ensures that payments always meet business’ needs.

Like Rocketize, VeChain derives its value from the activities of its users. Both solve fundamental economic problems giving them real utility in the wake of thousands of utility-less currencies currently available on the market.

Rocketize vs. Stellar

Stellar is a decentralized blockchain for peer-to-peer payments. It focuses on charging low fees and making it easier for everyone to send and receive fiat money, like USD, Euros, and Pesos, in the form of crypto.

Stellar is not replacing real currencies. Instead, it creates a suitable ground for storing and moving money worldwide. Hence, Stellar aims to provide a decentralized way of conducting day-to-day transactions using crypto.

Due to high volatility, crypto assets hardly maintain the same prices over extended periods. So, crypto might not be a viable means of payment when buying and selling physical goods.

Stellar has created a platform where merchants worldwide can create digital versions of fiat currencies on Stellar. Then, they accept the real fiat money from people and help them send the digital one to receivers. The receiver can then cash out the payment in real money.

With such an easy solution, Stellar blockchain has successfully processed about 2 billion payments, and several businesses use the network today.

How to Buy JATO

A. Visit Rocketize website

B. On the homepage, click Enter Presale

C. You will see a page to create an account with Rocketize

D. Enter your name, email, and mobile number

E. Select the crypto you intend to deposit with among the available options and enter your purchase amount

F. Register your account

G. Complete your purchase, and finalize your purchase by depositing crypto to buy JATO.

It would help if you deposit and purchase JATO immediately after registering your account. Why?

Rocketize rewards buyers with 60% of their purchase amount for buying JATO tokens within 30 minutes of creating an account.

Moreover, there is an extra 8% bonus for investors that buy JATO in the first phase of the presale. In subsequent stages, Rocketize will reward buyers with an extra 6% and 4% bonus in stages 2 and 3, respectively.

For more information on the project, check the links below:

Presale: https://rocket.rocketize.io/

Website: https://rocketize.io/

Telegram: https://t.me/RocketizeTokenOfficial

 

“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Register for FREE
to continue reading !

This is not a paywall.
However, your registration helps us understand your preferences better and enables us to provide insightful and credible journalism for all our readers.

Mid-Day Web Stories

Mid-Day Web Stories