image source : http://www.altcoinwatch.com/wp-content/uploads/2017/03/taasfund-ico.png
ICO Crowdsale recently there is a clear financial transparency to investors. TaaS token as an service is the last generation of closed-end fund and TaaS also have a smartContract. what is TaaS, and what the project of his roadmap and what is the smart contract I will explain below :
What Is TaaS?
TaaS introduces an innovative business model that allows investors to capitalize on the rise of blockchain markets without dealing with hurdles, risk and technical barriers associated with owning, transfering and trading cryptoarrencies and tokens. Open for investment exclusively during Initial Coin Offering,
TaaS is a last generation closed-end fund (CEA) that utilises Ethereurn blockchain and Cryptographic Audit technology to offer .Full transparency to its investors Unlike traditional closed-end funds that issue a fixed number of shares which are not redeemable from the fund, TaaS issues tokens built on a profit-sharing Smart Contract. with this model, TaaS will be transparancy and low risk for investors. TaaS have a smartcontract to reduce the risk.
What is Smart Contract? and what the model of this smart contract?
I think TaaS have a good project here. its call Smart Contract
A smart contract allows token owners to collect 50%of quarterly profits To grow capital pool without attracting additional investment 25% of profits is reinvested back into the fund. its allow Net Asset Value (NAV) of a token increase over time., making TA, 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 funds income flow, TaaS introduces a Token-as-a-Service(TaaS) business model.
hmm yeah i really apreciated with this project. see the word "the first blockchain token to have its value explicitly tied to the performance of a parent project". TaaS is the firs ICO have value explicity.
with the missions of TaaS developers " to deliver long-lasting Innovations to blockchain community " iam sure that this project and this ICO will be succesfully and long-lasting.
What is TaaS innovation?
1. Truly Transoarent CEP dedicted to blockchain
2. Token-as-a-Service business model
3. Cryptographic Audit
point number 1 and 2 has been i explained on the first section. i now i wanna discuss about Cryptographic Audit (CA). Cryptographic Audit is technology to solve just that, CA is a set of monitoring tools that allows any member of the public, regardless of TaaS token ownership to easily validate trading history and portfolio balances. Among other solutions, Cryptographic Audit consists of Regular blockchain Snapshots. Proof of Reserves and view-only API key Cryptograph, Audit is built to set high security standards for money flow in blockchain projects We see it as a significant milestone for future ICO's on their way of mainstream adoption.
this mean that Crptographic Audit is that the CA is very useful for this project, CA is able to monitor and provide security to this project, amazingly! so Imvestor can rest easy about the fate of their money because there has been this kind of technology Crptographic Audits.
TaaS ICO crowdsale was raised over $3.000.000 USD.
for more information about this TaaS ICO you can viisit the official website of TaaS
Official Website : https://taas.fund
and you can also discuss about this project in forum bitcointalk.org
Official Thread in Bitcointalk : Here
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