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Topic: TaaS — Tokenized Closed-End Fund - page 161. (Read 277295 times)

legendary
Activity: 1148
Merit: 1000
July 18, 2017, 03:50:33 AM

Oh man, not TaaS. Well they did not see the hacks coming oh well from the past premium ICO TaaS had, this investment with CoinDASH really has to have a red label.

No need to be panic all investors will be compensated as the Coindash team post update about this issue. who invested into this project will get coins all people just need to submit the claim form there.

Even if they distribute CDT to the people who lost ETH to the hack and also to the ones with ETH to the correct address, the project has lost the trust and ones CDT hits the market I can only sense a lot of sell orders even below the ICO price.
sr. member
Activity: 1442
Merit: 265
July 18, 2017, 03:49:37 AM
I am sure Taas investment is safe as they did not participated in public ICO or crowdsale opened by coindash, Infact they were the few early investors into the project and they call this investment as partnership with coindash, the same way the early investor companies are listed by coindash on their homepage as partner companies, so the partner investments are safe and recorded,
However, i think an official statement about all this situation is required at this moment from Taas management.
hero member
Activity: 910
Merit: 1000
July 18, 2017, 03:47:44 AM

Oh man, not TaaS. Well they did not see the hacks coming oh well from the past premium ICO TaaS had, this investment with CoinDASH really has to have a red label.

No need to be panic all investors will be compensated as the Coindash team post update about this issue. who invested into this project will get coins all people just need to submit the claim form there.

Just can't imagine how negligence comes into place with that security procedure the dev or someone in charge with the portal for accepting ETH .
sr. member
Activity: 1540
Merit: 255
July 18, 2017, 03:45:33 AM
Damn, it would be a big hit for us, but i'm 99% certain we are safe.. They must have bought directly from Coindash

Nobody doesn't know what was happened to TaaS amount which is invested in CoinDash. The only team should clear about the situation before ICO only they mentioned we are going to invest 500ETH into CoinDash. Let's wait and see until any update from the team.
sr. member
Activity: 1008
Merit: 253
July 18, 2017, 03:43:48 AM

Oh man, not TaaS. Well they did not see the hacks coming oh well from the past premium ICO TaaS had, this investment with CoinDASH really has to have a red label.

No need to be panic all investors will be compensated as the Coindash team post update about this issue. who invested into this project will get coins all people just need to submit the claim form there.
hero member
Activity: 910
Merit: 1000
July 18, 2017, 03:35:25 AM

Oh man, not TaaS. Well they did not see the hacks coming oh well from the past premium ICO TaaS had, this investment with CoinDASH really has to have a red label.
full member
Activity: 406
Merit: 100
July 18, 2017, 03:09:53 AM
Damn, it would be a big hit for us, but i'm 99% certain we are safe.. They must have bought directly from Coindash
sr. member
Activity: 425
Merit: 250
July 18, 2017, 03:02:16 AM
i hope your guess is right since the dividends is just around the corner, if they lose 500 ETH that will be a hard punch on our faces.
good luck to the team.
NrX
sr. member
Activity: 770
Merit: 254
July 18, 2017, 02:53:19 AM
did TAAS team mention that their funds on COINDASH were safe from the hacker, i mean TAAS fund were not included in that stolen 7m$ ?

I do think there investment will be in safe place because they were in direct contact with CoinDash team and surely got the investing addresses of smart contract personally using proper channel. We will see some statement coming in this regard to tell us the actual situation but it should be safe in my opinion.
sr. member
Activity: 425
Merit: 250
July 18, 2017, 02:43:42 AM
did TAAS team mention that their funds on COINDASH were safe from the hacker, i mean TAAS fund were not included in that stolen 7m$ ?
sr. member
Activity: 355
Merit: 250
July 17, 2017, 04:48:49 PM
Quote from the official Coindash.io Website:

Quote
Dear CoinDash contributors,

It is unfortunate for us to announce that we have suffered a hacking attack during our Token Sale event. During the attack $7 Million were stolen by a currently unknown perpetrator. The CoinDash Token Sale secured $6.4 Million from our early contributors and whitelist participants and we are grateful for your support and contribution.

CoinDash is responsible to all of its contributors and will send CDTs reflective of each contribution. Contributors that sent ETH to the fraudulent Ethereum address, which was maliciously placed on our website, and sent ETH to the CoinDash.io official address will receive their CDT tokens accordingly. Transactions sent to any fraudulent address after our website was shut down will not be compensated.

This was a damaging event to both our contributors and our company but it is surely not the end of our project. We are looking into the security breach and will update you all as soon as possible about the findings.

The CoinDash vision, product and team will continue to live on. We will be fast to recover and we will create the future of trading.

Reminder: We are still under attack. Please do not send any ETH to any address, as the Token Sale has been terminated.

More information will be published on our social channels and our website.

-CoinDash Team
legendary
Activity: 1092
Merit: 1000
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July 17, 2017, 03:51:53 PM

I heard today that Coindash site has been hacked and they lost all funds. This means Taas lost 500 ETH?  Huh
Read few posts above yours and you will get the answer.Alco coindash did not lost all funds.They secred $6.5m from early incestors and whitelist participants which is not lost.They have lost $7m
member
Activity: 76
Merit: 10
July 17, 2017, 03:35:15 PM

I heard today that Coindash site has been hacked and they lost all funds. This means Taas lost 500 ETH?  Huh
newbie
Activity: 2
Merit: 0
July 17, 2017, 01:22:16 PM
RAGEmond: that scenario could indeed happen. No one knows what the market is going to do next though, so anything is possible really. However, they accumulated some strong positions in LTC, ZEC, XEM and other large coins the last few days. I'm pretty sure the team knows what they are doing.

TaaS began trading and investing at nearly the cusp of the crash, which may well mean their ICOs are not doing well, not to mention the day trading they are supposedly performing. The ICO tokens that have been launched, to my knowledge, are massively down post-launch due to the ICO craze dumping every single one, which in turn led to the ETH/BTC crash, which has, on average, halved the value of their holdings I believe. It'd be cool if someone had the time to stick all the data into one report and reveal if TaaS is currently losing or is still in the green. If they're in the red, I see no way they could pay out dividends without further compromising their market position, being forced to liquidate in order to pay the ever-more crazed dividend sharks. The only surefire way they could have profited massively off the crash is if they happened to short the market even anywhere near the peaks. Swing trading the bear market in smaller trades seems overly risky for the kind of money they are trading with. But hey, perhaps this fancy Kepler program has guided them through all this, and they did precisely that?

Personally, I'm fairly worried about the way TaaS has decided to manage the payout intervals. 3 months seems like a rather harsh window to impose on the team to turn a profit. I think the dividend should be annual, so once per year. Too frequent dividend payouts put further stress and risk on the team and potentially harm their performance. Once per year is a nice, round period of time and provides ample opportunities for the team to successfully produce results, not to mention it gives time for the ICO investments to mature. Looking at the numbers on ICOstats.com, there are no ICOs that turned a considerable profit in just a few months, so liquidating them seems counter-productive. On average, the ICOs have taken at LEAST a year and usually 2-3 to mature.

In closing, I fear for the productivity of the TaaS team if they are run under such a tight leash. I will be quite surprised if the first year, much less this first quarter turns a genuine profit. That is, they generate enough income to pay out reasonable dividends WITHOUT compromising their market holdings too much. In my honest opinion, the team should have a good 1 year interval to do their job. Better for their focus and trading integrity. Better for investors' peace of mind. Certainly better for potential profits. All I know is that more than the dividend payouts, I await their progress reports. I am sincerely interested in how they are faring with their strategies and how much Kepler has had an impact on their trading.
newbie
Activity: 33
Merit: 0
July 17, 2017, 01:19:05 PM
When taas pay dividend ? .

In the beginning of august. No specific date/time as of yet.

And CoinDash website hacked... At least they say so...

From Dimitri: "Guys, please stay calm. TaaS made a commitment during a pre-sale, and funds were sent to a different address [not the hacked one]. Let's wait for an official statement from Coindash team, and stay rational before situation is more clear."
legendary
Activity: 1134
Merit: 1001
July 17, 2017, 10:45:07 AM
When taas pay dividend ? .
member
Activity: 126
Merit: 11
July 17, 2017, 08:48:45 AM

And CoinDash website hacked... At least they say so...
newbie
Activity: 364
Merit: 0
July 17, 2017, 07:45:03 AM
Looks like TaaS is turning a big amount of BTC into LTC. Any ideas on how TaaS could have done things or could do things differently in the future to come?
member
Activity: 126
Merit: 11
July 17, 2017, 07:24:40 AM
TaaS invests 500 ETH in CoinDash, a crypto-based Social Trading Platform

https://medium.com/@Taas/taas-invests-500-eth-in-coindash-a-crypto-based-social-trading-platform-14a6055c5fd8
newbie
Activity: 33
Merit: 0
July 17, 2017, 06:20:48 AM
RAGEmond: that scenario could indeed happen. No one knows what the market is going to do next though, so anything is possible really. However, they accumulated some strong positions in LTC, ZEC, XEM and other large coins the last few days. I'm pretty sure the team knows what they are doing.
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