Post
Topic
Board Tokens (Altcoins)
Re: [2000+ BTC RAISED] TaaS: Token-as-a-Service | Closed-End fund [JOIN ICO]
by
Haemophilus
on 04/04/2017, 00:12:27 UTC
Hello, therefore Taas token is something like a mutual fund service? where peole invest in the tokens, taas use the funds to trade and we are publicly accessible to the trade ledger and 50% profit will be payback to investor?


Thanks

That's right, it is a closed-end fund that will accept investors only during the ICO, distributing tokens as a proof of membership of the fund, this tokens will be tradeable in different exchanges after the ICO ends. 50% of the profits made quarterly will be distributed between the token holders (Proportionally to the number of tokens in possesion), 25% of the profits will be reinvestend in the portfolio and the remaining 25% will be stored in a fund. You can read the whitepaper here:

http://taas.fund/media/whitepaper.pdf