A lot of people compare Taas with ICONOMI platform,what are the basic difference between these two projects and if there is any similarities,how is Taas better?
As I see today TaaS is token which from definition will be fueled by itself with trading it will buyback itself and trade on markets.
So even if lets say bounties or early investors with massive bonuses dump in theory TaaS will buy back those tokens over time from market increasing rest of it value. While in ICONOMI they require profits + platform + good trading to get money so start of ICONOMI when it pays off is longer and have many variables. Project will deliver more but that cost time and effort new clients ext in general it will take a lot of more time than TaaS.
TasS managers can start trading faster.Earned income goes directly to token holders via buybacks.
From my perspective Tass require less work to get return for investors. With good trading they will fast pump TaaS if they will be bad at trading all fails.
Iconomi even with bad trading can be profitable because it will have those automatic indexes when they not itereferate with trading and platform where others trades.
In summary:
ICONOMI: higher quality product but needs more to be polish
TaaS: less complex but gives people that what they want DIRECT own stock buybacks
In theory TaaS token should always go up because team will burn tokens from market putting there 25% of income,
Past experience from coin like Cinicoin those folks wanted buy 3strong LTC miners and make buyback own stock but failed
so not all solution works forever.
while ICONOMI price depends on dividends that are vary from market conditions customer base, trading history, crypto bull/bear markets,legal stuff.
Those projects are quite different in build.
If you like buybacks TaaS will officially do it ICONOMI today not.
I spotted buyback and exchange arbitrage as something different not offered by ICONOMI,
while ICONOMI offers share in 6000BTC fund,TaSS offer 75% of investment goes to fund so no number here.
ICONOMI will deliver dividends from 2 platforms but need customers, marketing, seciurity while TaaS will mostly trade for profit.
Looking at that TaaS should be delivered faster and have less costs but that will be traded for scalability.
TaaS once have those fund online will make mostly profit from it, while ICONOMI by expanding user base can rise with rising customer base.
ICONOMI have higher rated task to accomplish like 2 years while TaaS can be fast.
It is hard to judge both projects today, in year we will see results in numbers of both I guess.
I like self buy backs but cinicoin proved me that it can be overrated.
What are risk with TaaS same as everywhere exchange hacks, fail at trading but this is common for ALL such projects.
