Few questions to TaaS team:

1. ICO structure:
-- Why do you set a fixed price to your token at $1? Why not $0.50 or $10?
Wouldn't it make more sense to have a fixed number of tokens, and let the ICO participants set the initial price (total funds raised/number of tokens)?
-- Why you decided to have a bonus structure based on total amount of funds collected and not based on time? It looks "pumpy", like those power hour bonuses. Wouldn't it make more sense to have a weekly based bonus decrease?

2. This Cryptographic Audit sounds a lot buzz words and nothing much. Please explain how it is more based on the following:
-Proof of Reserves - everybody is using the same exchanges, nothing "cryptographic" here
-Auditable Exchange accounts - good idea, how does a view-only API key fits into this bombastic buzz phrase "Cryptographic Audit"?
-Proof of reserve - basically you will provide the public address of the crypto asset, so people can view the balance and transactions? Is there more than that in this "Cryptographic Audit" feature?


3. If I understood correctly, the smart contract will hold the funds, is that correct? If so, it is a BIG BIG BIG NO GO. We had The DAO fiasco, and smart contract holding and managing funds is still couple of years ahead.
If you think you can put all the honey in one pot and be smarter than the entire community - well, good luck. I can't see how investors will keep their funds in a smart contract.

4. Do you have an escrow?

thanks