Topic: TaaS — Tokenized Closed-End Fund - page 38. (Read 277295 times)

perfect for buying more....very nice

When everyone got more than 1 ETH you should learn about the dividends distribution method it depend on holding amount.


Agreed with you something is better than nothing. That is true the whole markets were really bearish and the team did something great to show great performance.

was to be expected  thx

Dimitri said this on Telegram:


Given the fact that the whole market is down like 60% since December, it is still quite good to receive something.

On the other hand get ready for the dump of TaaS and buy everything up.

so everyone gets less than 1 ethereum?

does not sound to hot.

capital gains exceeding 265 thousand USD

good question.....nothing

how much dividend per 1 token taas?

May 7th, 2018 — Singapore — Token-as-a-Service (TaaS), the first-ever closed-end tokenized fund dedicated to blockchain assets, announces its summary of operations during its fourth fully-operational quarter (February 1st, 2018 — April 30st, 2018).

As of April 30th, 2018, the share of BTC, ETH and USD(T) in the portfolio approached 37%, while the share of other tradable cryptocurrencies (including Singularity.net AGI, Kyber Network KNC, iExec RLC, Raiden Network RDN, Qlink QLC, and others) equaled 44% (13.1 million USD(T) equivalent).

The net asset value as of April 30th equaled 30.1 million USD(T) equivalent, outperforming the market benchmark by 3.5%, and resulting in capital gains exceeding 265 thousand USD(T) equivalent in Q4.

During the fourth quarter, TaaS participated in seven (7) early-stage TGEs with the total amount of contributions equivalent to 880 thousand USD(T): Iconiq Lab (115.48 ETH), Morpheus Labs (300 ETH), InsurePal (2.73 BTC), Persona (2.73 BTC), theMINE (2.73 BTC), Native Protocol (2.73 BTC), YGGDRASH (700 ETH).

As of the reporting date, fifteen (15) projects were in their early contribution stage, and the relevant assets are vested or have limited liquidity.

As of April 30th, 2018, the token price equaled an equivalent of 5.5 USD(T)/TAAS resulting in a market capitalization of over 45 million USD(T) equivalent, and providing an approximate 500% ROI to the participants of the Token Sale.

The total circulating supply of TAAS tokens amounts to 8,146,000.78. TAAS tokens are currently listed on the following exchanges/platforms: Bancor Protocol, Orderbook, Livecoin, EtherDelta, HitBTC, CoinExchange and Liqui.

https://t.me/taasfund

You contact with devs through Telegram this the only channel to reach them. I have no info about discord channel and slack is almost dead there is activity all conversation moved to Telegram.

What a mess, maybe we see this token above that value soon and that guy can at least recover his investment.

Buying in small tranches is best way to get any token at low prices without disturbing market. May be someone tried to grab many tokens to receive large chunk of dividends and most probably was under panicked sentiment. After snapshot ahead few weeks will allow good buying opportunities so buying easy by easy on steady basis will be best way.

This is really weird, and bad for the guy who payed 16.50$ for 1 Taas. The price right now is only 4.72$ for 1 Taas. From what i know, Bancor recomends to buy the tokens gradually if you want to buy a large amount of tokens, so probably that guy didn't do this and bought all the tokens at the same time, resulting in this very big price that he had to pay.

I think it is better to use the bancor one after completion of this dividends because sometimes we are facing problems with the liqui. Bancor is best platform for trading the TaaS coins.

Liqui has strange issue to process withdrawal request of TAAS I also faced this problem especially near the snapshot time. When they will take snapshot than it will start working normally Bancor is nice platform to buy this token it works smoothly.

I advise everyone not to purchase from Liqui; I have a stuck processed but failed transaction for 10 days now and will not be resolved for months.  Now balance is removed so I can't try or re-initiate again.

There are many users who have the same issue, one user which I have confirmed with screenshots has same issue since February and no solution or withdraw since; "ERC-20 Token Transfer Error (unable to locate corresponding Transfer event log), check with sender."  

some withdraws are successful while others will most likely arise to this issue; trade at your own risk.

I thought this could be the case too, when I calculated the conversion on bancor at the time it was 50 taas for 1 eth; by the time I managed to load my eth wallet it was 50 taas for .52 eth which was still around $8.70 but decided not to do any trades.

this is the bancor algorithm - https://blog.airswap.io/the-lay-of-the-land-in-decentralized-exchange-protocols-55ed00feb3df

Yeah really nice spike. I don't know how bancor calculate the value of a Token, but it seems like a little whale just bought a bunch of tokens so the price pumps. Or maybe this was just an api accident by CMC/Bancor

Anyway this gonna be an exciting week for all TaaS holder

Anyone see the pop last night?  Taas hit $16.50 on bancor yesterday

Agreed with you this quarter is not profitable like previous dividends payout but ongoing is looking nice. I hope next time we will get more bigger shares the team is showing nice performance and some good features already out.