Post
Topic
Board Tokens (Altcoins)
Re: TaaS — Tokenized Closed-End Fund
by
birdonthewire
on 15/06/2017, 11:49:54 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!



Hello Samuel.

The fund of Taas was make some movement around IOTA ?

Thanks.