Re: TaaS — Tokenized Closed-End Fund

I just bought 1200taas

How can I calculate how much dividends we will get in first quarter? O.50$ = 600$ for 1200of taas?

We calculate masterplan and if team of taas will deliver everything on time price of taas will be at the end of year 40-50$ range.

If you are wise invest in taas now so you will get dividends + price rise

Stable with legal team

Awesome

There is so much horrible, horrible information here so let me explain to you how the fund works.

1) You won't get many dividends if at all during the first quarter. They are interested in mid to long term investments, not day trading. Thus they need time to get more investments made that appreciate in value. There are no magical dividends to be calculated, it is all based on math.

2) The only way the Taas Token could be worth 40-50 is if the value of their holdings grew 40-50x from the ICO. Ethereum grew 3-4x, true, and Bitcoin grew, but not 40-50 times its ICO price. If they take the BTC/ETH they received and get involved in projects that increase vastly in price, then you may get some payouts.
3) If the price of the TAAS token grows beyond the value of their holdings, it would be because people think the team can somehow do magic and earn greater rewards in the future (e.g., they demonstrate they are able to be fast enough to get into hard ICO's like BAT, which they failed to get into).
4) If you are truly interested in slowly but surely growing your investments, buy Bitcoin or Ethereum and hold it. As Warren Buffet has said (paraphrasing) "the stockmarket is a way to transfer wealth from the impatient to the patient".

I would be cautious buying too much TAAS until they actually start buying into projects.

TAAS, if you're reading this, my money is on FCT, MKR, XRP, NVO, and IOTA. Best of luck!

Let me explain :

Price of btc (at this momen): 2555
Price of ether (at this moment) : 235

Taas hold:
44 773.5 ether
2596.7 btc

So they have 17 156 000 $

NAV : 17 156 000 - 7 569 000 = 9 987 000
(The 7 569 000 was given by gran thornton, an external audit)

The holders have 50%, so 4 493 000.
The number of token : 8 146 000.
4493000 ÷ 8146000 = 0.61 $ per token for the first quarter.
And I don't even put the 570 ether who were invested.

I saw that this calculation had been approved by Dimitri on telegram.

But of course, if the price of ether and btc crash before august, the dividends will crash too.
(Sorry for my english)

If that's what they're doing, it's stupid and should never have been done. They should give everyone 10 cents dividend first quarter, and use the BTC/ETH to invest in other projects that could multiple returns. Giving back 25% of the fund is a dividend is fraudulent, they're literally giving you back your own money you could have held. The promise is that they can/will/should/could use the funds and their expertise in the space to achieve outsized returns relative to what an individual might be able to do.

25 % of the profits are reinvested. That was in the whitepaper since the beginning. Not 80 or 90, but 25. If you re not ok with the project, you should go away.

The problem is that the appreciating value of BTC/ETH is not "profit". Distributing your own money back to you is not what people signed up for. They needed to make this clear and have not, sadly.

I also can't believe they will distribute dividents this way. If they do so in 2 years they will hold nothing, whats the point ? someone from the team should make it clear I think dividents will be only from the "extra profit" from what they invest and not from holding their ICO money

How can you say "If they do so in 2 years they will hold nothing" Huh

I think you don't understand the concept ...
They had 7 560 000 in the ico, they will increase the fund of more then 2 million after august, and they will always increase the fund if they make money. Where is the loss ?

I think you don't understand not me.. Imagine if they hold 100 ETH, the price of ETH goes x2 so from what you say they make money and need to pay dividents. But this dividents will be paid in ETH so they will sent you ETH from their pool of 100 ETH.
For next dividents they will hold less than 100 ( for example 75ETH) if they didn't made any extra ETH.
you make several cycles like this and you hold nothing
I hope you understand what I mean with this english

As the say dividend will be calculated in usd,they may pay the difference in price during ico and price at the time when dividend is paid.
For example if btc was $2000 at the time of ICO and it's price goes up at the time of dividend to $2500,the difference I.e $500 is the profit.
$2000-$2500=$500 profit per btc they hold.

I think it was like that, when they will "earn" (so not the ICO money) money, like with the different ICO investments they earn 100 BTC, then 50% that means 50 BTC will be distributed amongst the share holders. 50 BTC with their moment price (~2500$) that means = 125000$ will be split with the 8.200.000 TaaS, 125000 / 8200000 = 0.015$ per coin. THIS IS JUST FOR EXPLAINING. 3 Months are a long time, when they can get much more and with the ICO money, you can earn much more. The share will get bigger.