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Topic: TaaS — Tokenized Closed-End Fund - page 22. (Read 277294 times)

member
Activity: 336
Merit: 10
December 06, 2018, 10:09:18 AM
TAAS Fund is losing funds constantly Roll Eyes   they did not prepare themselves for bear market. Another annoying thing - they count loss/profit in USD(T) while paying dividends in ETH.

That is really horrible to see how bear can effect the any project who don't prepare it for this kind situation. It is not a problem they use ETH to pay dividends but this equal to USD(T) on the price at the moment.
had time to sell for $ 3, TAAS now only costs $ 0.2, this is terrible for tokens holders,
not only TAAS, 80% of coins and tokens experience a very drastic decline
legendary
Activity: 1876
Merit: 1003
December 06, 2018, 09:13:08 AM
Hello, tell me please the addresses BTC, ETH and other for which ICO investors sent BTC, ETH...

https://taas.fund/audit/

You can track the activity of dev funds they are investing in promising projects as private investors so they are giving details in advance about this investment.
full member
Activity: 613
Merit: 105
December 06, 2018, 08:58:59 AM
Hello, tell me please the addresses BTC, ETH and other for which ICO investors sent BTC, ETH...
newbie
Activity: 89
Merit: 0
December 03, 2018, 01:05:18 PM
Holy Cow,  24 hr volume=$139?!! this is worse than i thought!!!   it may truly be over kiddies.   
sr. member
Activity: 1008
Merit: 253
December 02, 2018, 02:13:13 PM
TAAS Fund is losing funds constantly Roll Eyes   they did not prepare themselves for bear market. Another annoying thing - they count loss/profit in USD(T) while paying dividends in ETH.

That is really horrible to see how bear can effect the any project who don't prepare it for this kind situation. It is not a problem they use ETH to pay dividends but this equal to USD(T) on the price at the moment.
newbie
Activity: 172
Merit: 0
December 02, 2018, 01:58:19 PM
TAAS Fund is losing funds constantly Roll Eyes   they did not prepare themselves for bear market. Another annoying thing - they count loss/profit in USD(T) while paying dividends in ETH.
full member
Activity: 826
Merit: 103
November 26, 2018, 04:11:51 PM
Taas did not live up to expectations and was completely disappointed. Just in difficult moments, you can understand what the project is worth. They failed and made it clear to many that the fund is not able to earn on falling courses.
Yes it is. They did not cope with the falling market. But I am not going to leave my TAAS. I think this team will still show itself positively. In addition, this market has taught them a lesson, and they can revise their strategy for such situations.
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network
November 24, 2018, 09:56:40 AM
is taas closing down?  They should issue a refund
No, it does not close. Just taken some changes in the work. Such as passing through the KYC. I must say, a rather unpopular solution.
However, I hope that the projects, that the team has invested in earlier can give their results in the future.

This kind of project has no solution how to perform good in bear situation and that is the reason they are bringing something stupid which will make out majority of the investors and maybe some already left this before due to this decision.
Yes, I think that many holders will leave this project after changes in these conditions. And the team does not do well at the time of the bear. But we must admit that it is hard. But I think that they will reconsider their strategy, and next time they will be able to show other results.
sr. member
Activity: 686
Merit: 250
November 22, 2018, 04:47:20 PM
Taas did not live up to expectations and was completely disappointed. Just in difficult moments, you can understand what the project is worth. They failed and made it clear to many that the fund is not able to earn on falling courses.
full member
Activity: 1288
Merit: 102
November 22, 2018, 01:42:26 PM
is taas closing down?  They should issue a refund
No, it does not close. Just taken some changes in the work. Such as passing through the KYC. I must say, a rather unpopular solution.
However, I hope that the projects, that the team has invested in earlier can give their results in the future.

This kind of project has no solution how to perform good in bear situation and that is the reason they are bringing something stupid which will make out majority of the investors and maybe some already left this before due to this decision.
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network
November 22, 2018, 11:17:25 AM
is taas closing down?  They should issue a refund
No, it does not close. Just taken some changes in the work. Such as passing through the KYC. I must say, a rather unpopular solution.
However, I hope that the projects, that the team has invested in earlier can give their results in the future.
member
Activity: 258
Merit: 12
November 22, 2018, 07:49:47 AM
is taas closing down?  They should issue a refund
member
Activity: 258
Merit: 12
November 20, 2018, 01:14:26 PM
ouch
full member
Activity: 826
Merit: 103
November 15, 2018, 09:40:10 PM
Yes, this report is not very pleasant. Especially this KYC.  I hope that the projects in which the TAAS team took part will ultimately bring results. Already, for a long time there were no dividends.
sr. member
Activity: 686
Merit: 250
November 15, 2018, 06:37:24 AM
The holders of the TAAS coins are "very pleased" with the news about the passage of KYC. Since confidentiality and anonymity is a priority for many. Now the course of the coin can fall even more.
legendary
Activity: 1260
Merit: 1001
November 15, 2018, 05:24:25 AM
If I got it correctly the implementation of KYC that is for those interested to receive dividends continuously. In that case keep your tokens holding in compatible wallet is continuously good option when letting on exchanges isn't recommended because of security concerns. Taas already was going through hard times in this specific scenario KYC introduction didn't come out at right time.
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network
November 14, 2018, 05:31:16 PM

Quote

if you can check its all time high per usd price, taas lost its value more than %75. taas shouldn't have lived this fate, they are a closed-end fund. and dude, there are many projects did't fall this much and they are not even fund management projects like taas.
almost 11 months TAAS can be stable at $ 2.6 to $ 5, and now the price of TAAS is only $ 0.37, this really doesn't meet our expectations, because usually the project with a funding concept doesn't end horribly
The news of passing through the KYC probably caused many to drop it now or later, when it is more profitable. But I think that this is a sign, for the perspective work of the project, in the long-term future.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
November 11, 2018, 09:55:17 AM

Quote

if you can check its all time high per usd price, taas lost its value more than %75. taas shouldn't have lived this fate, they are a closed-end fund. and dude, there are many projects did't fall this much and they are not even fund management projects like taas.
almost 11 months TAAS can be stable at $ 2.6 to $ 5, and now the price of TAAS is only $ 0.37, this really doesn't meet our expectations, because usually the project with a funding concept doesn't end horribly
sr. member
Activity: 854
Merit: 256
November 11, 2018, 08:43:11 AM
It actually cannot really go mainstream, because its a closed fund.
So more value can only get in, if the taas investmenst go up in value.
Even if that happenes, a fund with now less than $10 Mio cannot become mainstream,
thats dust in the investment world.
Well I dont mind about that.

Many people sell Taas because they dont like KYC.
But doing KYC seems to be the absolute necessary way to go, if you dont wanna have expensive legal problems in near future.
So to me its a cost saving thing and good for Taas and us.

The value of the Taas token is much to low, compared to the value of the assets it holds.
I only worry about their cashburn rate.
Their investments had been loosing value this year.
But have a look, how many ICOs did fail.
Most ICOtokens have lost more than 90% in that time.
But the invested capital of Taas did not loose close to that number.
So the Taas guys seem to be smarter than the market, even in bearish mode.

Right now the price of a Taas lost much to much.
It should be at least triple of todays exchange price.
I am buying and waiting ;-)

Whenever markets turn bullish, Taas token price should go up faster than general crypto market.

if you can check its all time high per usd price, taas lost its value more than %75. taas shouldn't have lived this fate, they are a closed-end fund. and dude, there are many projects did't fall this much and they are not even fund management projects like taas.
hero member
Activity: 1651
Merit: 863
November 11, 2018, 05:02:30 AM
It actually cannot really go mainstream, because its a closed fund.
So more value can only get in, if the taas investmenst go up in value.
Even if that happenes, a fund with now less than $10 Mio cannot become mainstream,
thats dust in the investment world.
Well I dont mind about that.

Many people sell Taas because they dont like KYC.
But doing KYC seems to be the absolute necessary way to go, if you dont wanna have expensive legal problems in near future.
So to me its a cost saving thing and good for Taas and us.

The value of the Taas token is much to low, compared to the value of the assets it holds.
I only worry about their cashburn rate.
Their investments had been loosing value this year.
But have a look, how many ICOs did fail.
Most ICOtokens have lost more than 90% in that time.
But the invested capital of Taas did not loose close to that number.
So the Taas guys seem to be smarter than the market, even in bearish mode.

Right now the price of a Taas lost much to much.
It should be at least triple of todays exchange price.
I am buying and waiting ;-)

Whenever markets turn bullish, Taas token price should go up faster than general crypto market.
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