Cryptocurrencies: 2340 / Markets: 15719 Market Cap: 24h Vol:
Token as a Service (TAAS) Rank 528
$0.267592
Token as a Service (TAAS) Rank 528
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8,146,001 TAAS

Token as a Service (TAAS)
Token as a Service (TAAS)
TAAS

Token as a Service (TAAS) Price
$0.2676

Token as a Service (TAAS) 24h Vol
$696

Token as a Service (TAAS) Market Cap
$2,179,802

Token as a Service (TAAS) Circulating
8,146,001

Full Name
Token as a Service (TAAS)
Symbol
TAAS
Algorithm
BTC Price
0.0000751280 BTC
BTC Market
612 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
8,146,001 TAAS
1h
4.99 %
24h
21.11 %
7d
2.52 %

Charts



Description

Description


TaaS stands for Token as a Service. It is an investment fund designed to ease the process of investing in blockchain markets. TaaS will be an active player across blockchain markets, investing in cryptocurrencies and tokens. 

The TAAS tokens are built on a profit-sharing Ethereum smart contract. Every 3 months, a designated smart contract will disperse 50% of TaaS fund profits, equally spread out over the number of outstanding tokens. Intuitively, it implies that investors with a larger share of tokens will receive a higher return.

Full Name Token as a Service (TAAS)
Start Date 2017-02-02
Algorithm N/A
Proof Type N/A
Website https://taas.fund/
Twitter @TaaSfund
Facebook https://www.facebook.com/taasfund/
Reddit https://www.reddit.com/r/taasfund/
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 8,146,001 TAAS
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


The smart contract allows token owners to collect 50% of quarterly profits. To grow the capital pool without attracting additional investment, 25% of profits will be reinvested back into the fund. This allows the Net Asset Value (NAV) of a token to increase over time, making TaaS the first blockchain token to have its value explicitly tied to the performance of a parent project. In its essence, by effectively eliminating entry barriers and allowing investors to safely subscribe to the fund’s income flow, TaaS introduces a Token-as-a-Service (TaaS) business model. TaaS aims to be the first truly transparent CEF dedicated to blockchain with full cryptographic audits on non Ethereum based tokens.

The sale ran from March 27th, 2017 to April 27th, 2017 and raised and used the following bonus schedule. For the first 1000 BTC raised there would be a 25% discount and every following 1000 BTC would receive 2.5% less in bonus until 9,000 BTC + which receives 0 bonus. 

3942 investors raising 3,536 BTC, 45,272 ETH and 193,562 USDT totalling a value of $7,569,373. With an average investment size of $1920. TaaS says that investors receive 100% of the tokens created but the distribution of ICO funds allocates 75% to the portfolio, 15% to operations and 10% to a reserve fund. Funds raised will be audited by HLB international.

 ICO auditors report

 

ICO Status Finished
Token Supply 8146000.78
Start Date 2017-03-27
End Date 2017-04-27
Fund Raised (BTC) 3,536 BTC, 45,272 ETH, 193,562 USDT
Fund Raised (USD) 7569373
Start Price (USD) 1
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/@Taas
White Paper http://taas.fund/media/whitepaper.pdf