Topic: TaaS — Tokenized Closed-End Fund - page 179. (Read 277295 times)

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it depends on if they don't hold any liquid assets to make payouts on their profits from the beginning (i.e. not over-leverage their ETH/BTC holdings).  Also, technically TAAS could never be a ponzi scheme, since they wouldn't be taking in any new capital investment.  The premise of a ponzi is to pay out dividends to investors from new money that flows into the fund.  They could do something similar, but I think the premise of the cryptographic audit they will be providing should allow for transparency and allow for confidence in the funds.
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Well thats the thing it seems they wont be holding any liquid assets. As an investor I wouldn't even want them to be forced to liquidate positions just to issue a quarterly payout. While not a traditional ponzi it could work in a pretty similar manner. They could hold onto their existing positions and use funds raised to pay the quarterly dividends for a period, this would raise the value of the token and allow them to profit from that.

it depends on if they don't hold any liquid assets to make payouts on their profits from the beginning (i.e. not over-leverage their ETH/BTC holdings).  Also, technically TAAS could never be a ponzi scheme, since they wouldn't be taking in any new capital investment.  The premise of a ponzi is to pay out dividends to investors from new money that flows into the fund.  They could do something similar, but I think the premise of the cryptographic audit they will be providing should allow for transparency and allow for confidence in the funds.

You know that doesn't make sense and is making me concerned to be an investor in TAAS. There are zero capital gains if a position is held. IE if TAAS invested $1mil into BANCOR they would have to sell that position to have liquid gains to pay investors. So it seems what actually is going to happen is that TAAS is going to look at their paper returns from the 3 ICO investments and then pick an arbitrary number to return to TAAS token holders. That really isn't terrible, but it could go very wrong if the positions reverse ending up with a paper loss. This sort of model could quickly turn into a ponzi scheme...

I was gutted when I got hacked by that etherwallet phishing site and lost over 500 TAAS to the hacker, but I will try to buy up some more over the next few days so at least I can have some TAAS long term as I really believe in this project.

I hope this investment will raise Taas coin value. I'm still waiting for Bittrex to list Taas. I don't want to use Liqui, Livecoin or other small exchanges. Taas is over 3$ again now.

Hey RAGEmond,

Well, to be clear about the situation; long-term partnerships does not mean that they don't generate capital gains.

In practice, a portfolio reshuffling (not necessary but is an option if some of the positions are really hot and profitable) can happen on the last day of the quarter if needed. At any given point, we understand the FIAT value of ETH that we need to allocate for the payout and may gradually accumulate it OR liquidate some of the positions.

Thank you!


Hi anahata,

You can refer to the answer I provided to RAGEmond.

Also; profits sharing are to start this quarter and the current date is scheduled to be in August.

Thanks!

Yeah I have the same question. But I think profit sharing will start from next quarter.

Yes but my question was: how does TAAS generate profit which they will be able to share during quarterly "profit-sharing" if 1/7 of the capital has been invested in a longterm partnership which will be a HODL. Imo there is no net profit in july so nothing to share?

Hey TeraBite,

Our team is thrilled by this new investment and looking forward to getting new amazing partners!

Thank you for your comment and the trust you seem to be putting in us; it really is heart warming.

That is awesome I also think Taas will grow rapidly because this team taking wonderful decision soon all holders will make nice profit so keep doing like this.

Hi leetcoiner,

Thank you very much for providing us your ideas and feedbacks!


Hey RAGEmond,

The team is looking forward to providing long lasting innovations to the community.
At the end of each quarters, profits sharing are still considered as profits sharing and everyone will get what they are entitled to get.

Thank you!

atm TAAS is investing in good projects .. also in longterm partnerships (like bancor) however how do you make a netprofit when you invest in a project and hold for longterm? Sure the value increses but theres no net profit = no profit-sharing .. and since the first profit-sharing will be soon we can expect 0.00$ cause theres no sell of any investments = no profit .. am I missing something?

liqui.io  have good traffic and offers for buying TAAS

our chinese team will be buying today there so put your sell walls there please

We see TAAS project with kepler in range 1 year   price x500 predictions

thank you all who will sell their taas

let's load up our bags =)


   13.06.2017 15:31   buy   257.18290691 TAAS   0.0011 BTC   0.2829012 BTC
   13.06.2017 15:31   buy   15 TAAS   0.00109995 BTC   0.01649925 BTC
   13.06.2017 14:49   buy   11.14964457 TAAS   0.0011 BTC   0.01226461 BTC
   13.06.2017 14:49   buy   11.30881474 TAAS   0.0011 BTC   0.0124397 BTC
   13.06.2017 14:45   buy   15.3059909 TAAS   0.0011 BTC   0.01683659 BTC
   13.06.2017 14:44   buy   64.49955268 TAAS   0.0011 BTC   0.07094951 BTC
   13.06.2017 14:19   buy   1.23341226 TAAS   0.0011 BTC   0.00135675 BTC
   13.06.2017 14:15   buy   727.20435035 TAAS   0.0011 BTC   0.79992479 BTC
   13.06.2017 14:04   buy   1.23341226 TAAS   0.0011 BTC   0.00135675 BTC
   13.06.2017 14:03   buy   167.22840795 TAAS   0.0011 BTC   0.18395125 BTC
   13.06.2017 14:03   buy   189.97479843 TAAS   0.0011 BTC   0.20897228 BTC
   13.06.2017 14:02   buy   192.30860011 TAAS   0.0011 BTC   0.21153946 BTC
   13.06.2017 14:02   buy   194.81548225 TAAS   0.0011 BTC   0.21429703 BTC
   13.06.2017 14:02   buy   188.8512376 TAAS   0.0011 BTC   0.20773636 BTC
   13.06.2017 14:02   buy   0.72418561 TAAS   0.00109955 BTC   0.00079628 BTC
   13.06.2017 14:01   buy   12.80093227 TAAS   0.00109843 BTC   0.01406093 BTC
   13.06.2017 13:57   buy   17.19906773 TAAS   0.00109843 BTC   0.01889197 BTC

Woow great news now i am waiting for better new exchanges!

This indeed is a great news! Bancor is good project to invest in.This investment will bring value to both bancor and Taas.

TaaS invests $1 million in Bancor’s $150 million Token Allocation Event

”Cooperation between TaaS and Bancor brings a lot of advantages to both companies. TaaS’ financial portfolio management expertise and Bancor’s
technical experience will allow the creation of a fundamentally new set of liquid smart tokens, powered by Bancor’s protocol,” said Ruslan Gavrilyuk, CEO of TaaS.

https://medium.com/@Taas/taas-invests-1-million-in-bancors-150-million-token-allocation-event-e4e457d8d8c6

thats huge! thanks taas team for this amazing investment!

TaaS chose mega project to invest into it and this is going to bring huge profit to the platform. We those holding TaaS token will get benefited as well having our shares as dividends. TaaS team has shown great vision by choosing great opportunity of making profit. Having profit from few more projects like Bancor will bring enough funds to TaaS as well for futures investments.

Imagine if TaaS start raking in profits in the hundreds of millions...

That's a nice hefty paying for token holders each quarter.