Why You Should Care About Token as a Service (TaaS)

Why You Should Care About Token as a Service (TaaS)

The Initial Coin Offering (ICO) of TaaS has been successfully completed. It was live from March 27, 2017 to April 27, 2017. Over 3700 investors invested in this service.

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There is a huge potential to profit from blockchain and cryptocurrencies. If you are a current or potential investor in the Blockchain market, then you really need to pay attention to Token as a Service (TaaS). Token as a Service aims to simplify the process of investing in blockckahin markets. Essentially, TaaS is investment fund that seeks to reduce the risks and complications involved in investing in blockchain markets. In this post, we will tell you everything you need to know about this service. We will reveal the basic info of Taas, and tell you how it will benefit crytopcurrency markets.

The TaaS project began in October and was inspired by the need to improve transparency in the blockchain investment ecosystem. Token as a Service is a closed-end fund that is based on a profit-sharing model. This service allows for investors to profit from the rise in blockchain markets without having to worry about the intricacies and technicalities involved in them. TaaS is built on a very advanced cryptographic audit technology. This technology guarantees transparency and reliability in the operation of this tokens. The TaaS team will use secure exchanges that provide cold storage systems. The team will also create APIs that can only be viewed, allowing investors to be able to view the balance and trade histories of the account. Daily audit snapshots will also be provided by a smart contract, ensuring that manipulation of data is almost impossible.

The Initial Coin Offering (ICO) of TaaS has been successfully completed. It was live from March 27, 2017 to April 27, 2017. Over 3700 investors invested in this service. There were 101, 000, 000 TaaS tokens available at the offering, each valued at $1. Over $75 dollars was raised at the ICO. Investment by this fund will be channeled at low risk and sure investments like Bitcoin. Constant liquidity will be ensured by capitalizing on low risk assets like already mined Bitcoin cycled. The owners of TaaS tokens are entitled to 50% quarterly profit based on an Ethereum smart contract. 25% of profits will be invested back into the TaaS, as this will ensure a rise in the Net Asset Value of the tokens overtime. The remaining 25% of profits will be kept as a profit charge by the TaaS team. First profit payouts are scheduled for July 2017. There is also a cryptocurrency asset management and data analytics platform that is being built by the TaaS team. This platform is called Kepler and is expected to be ready in beta form by December, 2017.

The TaaS team is made up of six employees and four co-founders. Every detail about them is available on the TaaS official website – https://taas.fund/. The team has a clearly defined roadmap for TaaS. The team has secured partnerships with noteworthy names like Bloomberg. If you are a blockchain markets investor who is looking for low risk investments and very certain profits, then Token as a Service is for you.

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