TaaS Crypto Coin Rank 547
Website
White Paper
r/TaaS
8,146,001 TAAS
Buy / Sell
Get Wallet
Today
TaaS price in US dollars is currently
0.8391
USD, and if converted to
Bitcoin is
0.00007334
BTC. A total of
597 coin's are currently circulating in the Market.
TaaS prices are currently experiencing a change of
-28.62 %, check
all cryptocurrency. Over the past 24 hours
0.000 M US dollars TaaS has been traded on
Crypto Exchanges. Get TaaS's progress by adding it to your
favourites and creating a free
portfolio if you wish.
Total Coins Mined
8,146,001 TAAS
ICO Status
TaaS ICO Details
Fund Raised (BTC)
3,536 BTC, 45,272 ETH, 193,562 USDT
Fund Raised (USD)
7569373
Security Audit Company
N/A
ICO Jurisdiction
Singapore
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
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