Investing in Token as a Service (TaaS) Review

in invest •  7 years ago  (edited)

Taas Logo

Economy

Tokens in circulation: 100%
Inflation: 0%
Website: https://taas.fund/

Purpose

Holders of the TaaS token capitalize on the rise of blockchain markets without the hurdles, risks and technical barriers associated with owning, transferring and trading crypto assets. This generates an attractive passive income for TaaS holders.

Benefits for investors

  • Closed-end fund. There are no mining, staking or any other forms of inflation, the scarcity of TaaS should increase over time as the system becomes more popular and the demand increases for a limited supply.
  • Nobody can tamper with profit-share smart contract on ETH

How to get TaaS

The only way to obtain tokens is on tradable markets.

TaaS may be brought on Livecoin, Hitbtc, Coss.io, Coinexchange. Liqui is also listed on their website, but there are rumors on their group that Liqui is witholding TaaS so that traders are not able to withdraw TaaS.

How do earn a passive income

  • Hold your TaaS tokens in a wallet where you control the private keys. Do not store your TaaS on an exchange, otherwise the exchange will earn your "dividends".
  • You could also deposit your TaaS into their own web based wallet.

How do the TaaS team profit

Each quater the profit is divided like follow:

  • 25% for the TaaS team
  • 25% reinvested to grow the capital
  • 50% for the Taas token holders

Competition

Envion and Spectre

Current value

This system is already live and previous token holders earned the following ROI for each period:

The TaaS team also publishes an audit report on their website which includes their portfolio's assets mix, nett worth, history performance and wallet addresses.

Roadmap

The profit of the TaaS team is used to develop a new platform, named Kepler, that will assist with market research, performance predictions and currency audits.

Technology

ERC20 tokens on ETH

Concerns

Historically TaaS tends to pump before payout announcements and dump after the payout. This is because their smart contract takes a snapshot at given date/time and only those wallets get rewarded with ETH. Unlike bank deposits, TaaS investors are free to move/trade their TaaS between the payouts and the next snapshot and still earn "dividends".


DISCLAIMER: This is not investment advise. You should do your own research and I cannot guarentee that all the information on this page is still relevant or 100% correct.

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