CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
TaaS Crypto Coin Rank 612
Website
8,146,001 TAAS

TaaS
TaaS
TAAS Coin Values TAAS

TaaS valuesUSD Price
$ 0.4629

TaaS BTC Price
0.00005004

TaaS 24h Vol
$ 8,695

TaaS Market Cap
$ 3,771,085

24h Vol
1 BTC
1 H
3.4 %
24 H
-52.01 %
7 d
-31.88 %
Today TaaS price in US dollars is currently 0.4629 USD, and if converted to Bitcoin is 0.00005004 BTC. A total of 8,146,001 TAAS are currently circulating in the Market. TaaS price is currently experiencing a change of -52.01 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars TaaS have been traded on Crypto Exchanges. Get TaaS's progress by adding it to your favourites and creating a free portfolio.
Full Name
TaaS
Symbol
TAAS
Algorithm
BTC Price
0.00005004 BTC
BTC Market
408 BTC
BTC 24h Vol
1 BTC
Total Coins Mined
8,146,001 TAAS
1h
3.4 %
24h
-52.01 %
7d
-31.88 %
Twitter
Website
Description

TaaS Crypto ICO 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.

Technology

TaaS Crypto Technology

Sorry, detailed technology about TaaS is not currently available

Features

TaaS Crypto Features

Sorry, detailed features about TaaS is not currently available

ICO Status

TaaS ICO Details

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
White Paper

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

 


Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.