eToro
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TaaS, the Very First Tokenized Closed-End Fund

This is a unique opportunity to invest in the first ever Cryptocurrency-Fund. Read more to learn if it’s right for you.

The ICO for TaaS (Token-as-a-Service) was opened up to the public in March and currently sitting at $6.9m USD with over 3500 investors (as of April 27th 2017).
TaaS (Token-as-a-Service) is a tokenized closed-end fund designed to reduce risks and technical barriers of investing in blockchain assets. Built on a profit-sharing smart contract protocols, TaaS introduces a revolutionary Token-as-a-Service business model, allowing investors to subscribe to the fund’s income stream. TaaS built an innovative Cryptographic Audit technology to become the first, truly transparent fund dedicated to cryptocurrencies and tokens. While utilising the Ethereum blockchain and its Cryptographic Audit technology, TaaS offers a brand new comprehensive approach to capital raising, fund management, and auditing with full transparency to its investors. TaaS was co-founded by the blockchain pioneers Konstantin Pysarenko, Ruslan Gavrilyuk, Dimitri Chupryna, and Maksym Muratov and has professional team members from USA, Ukraine, Poland, South Africa and China.

What is Cryptographic Audit (CA)

TaaS is partnering with Ambisafe, an Ethereum based asset platform, to build an experimental Cryptographic Audit (CA) technology. CA is an autonomous protocol auditing system that tracks, record and time-stamp trading activity.

The main goal behind its creation was to make sure that all profits are properly recorded, money flow is transparent and the company is in possession of all declared funds.

CA was designed to help simplify investors’ due diligence when looking to invest into a new blockchain asset/project.

Unlike traditional closed-end funds, issues tokens built on a profit-sharing smart contract in which token recipients receive 50% of quarterly profits. the Smart Contracts guarantee that investors will receive profits accordingly. To increase the fund’s capital pool without requiring additional investment, 25% of profits are reinvested back into the fund. As the net asset value of a token increases, TaaS tokens will have heir value tied to the performance of the parent project.

What Makes TaaS Different?

Unlike traditional closed-end funds, issues tokens built on a profit-sharing smart contract in which token recipients receive 50% of quarterly profits. the Smart Contracts guarantee that investors will receive profits accordingly. To increase the fund’s capital pool without requiring additional investment, 25% of profits are reinvested back into the fund. As the net asset value of token increases, TaaS tokens will have heir value tied to the performance of the parent project.

What Blockchain Assets Will be Involved?

TaaS founder/co-founder are interested in scoping out possible blockchain projects that are built by “progressive-thinking teams” that solve crucial real-world problems, or that are pioneering and stretching the limits of the blockchain. TaaS aims to reduce the risks and technical barriers associated with investing in the blockchain space and trading cryptocurrencies.

With the recent market capital surging through the Blockchain ecosystem, $11bn USD which is about 35% of the total blockchain market capital. We can start to see investors that are more interested in exploring new blockchain markets and ICOs. Yet, a lot of them are facing several technical barriers. These technical barriers such as owning and operating wallets, a lack of market understanding (blockchain economics) and as well as a lack of transparency in existing solutions/instruments. TaaS will be the very first, and truly transparent Closed-End-Fund (CEF) on the market. Giving new, and experienced traders the confidence in their investments on the Blockchain ecosystem.

TaaS will be the very first, and truly transparent Closed-End-Fund (CEF) on the market. Giving new, and experienced traders the confidence in their investments on the Blockchain ecosystem.

This post was written by @zchester on behalf of eToro. The TaaS ICO is happening now at taas.fund

 

All trading involves risk. Only risk capital you’re prepared to lose. The information above is not investment advice.
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