Post
Topic
Board Tokens (Altcoins)
Re: TaaS — Tokenized Closed-End Fund
by
daniweb
on 15/06/2017, 05:55:19 UTC
TaaS first profit-sharing is scheduled at the beginning of August. Anybody knows how this will be done?

Hey daniweb,

Well; it is in fact quite simple. TAAS are made with an Ethereum smart contract feature which allows the team to automatically send the calculated and proper amount of profits shares to each and single tokens.

Your TAAS address is in fact an ETH address where the ERC20 token is stored. As long as you are storing your tokens in a wallet that allows such contracts to be ran (example: MyEtherWallet or Mist); you will receive what you are entitled to get at the minute that the code is executed on the blockchain.

Hope I answered your question!



Thank you for your reply. I want to ask you if it is possible to get the profit-sharing if I keep the tokens in taas.fund website? I understand that I have to move them from liqui.
Otherwise I will move them to myetherwallet.