Post
Topic
Board Tokens (Altcoins)
Re: TaaS — Tokenized Closed-End Fund
by
tomtinderbox
on 17/09/2017, 15:02:37 UTC
We added a few more today to our position as I believe TAAS to be one of those more solid investments in the crypto space. It is far less volatile and is holding out quite well. Yes the impending bitcoin crash has made it devalue against the dollar but I am sure BTC will be on the rise once the China debacle and the November fork discussions are over. For now those who like TAAS should keep strengthening their positions.

its worth investing to tokens that offer dividends indeed. I holder both of these tokens but since I have gained hundreds of USD this btc dip,  i'm now caught between TAAS and NEO. i wish i just knew when Taas will take a snap to each ETH address holders so i can shift between the two every now and then. any idea when they'd take snaps?
The TaaS team make a Announcement regarding dividends week before dividends date also send a massages via an e-mail addresses.

do you mean that when the TAAS team sends us email that's the time they will check whether we hold TAAS tokens and thus the calculation of dividends? that would be too easy for us which we can then send out TAAS to our MEW, is that it?

No. How it works is the following (would assume it would be the same this time): https://medium.com/@Taas/taas-payout-instruction-13ab28c48309

TLDR: The team picks a time-frame on when the payout happens (this time-frame is a week). It is important to have your TaaS in a dividend compatible wallet (see post) before the start of that time-frame. Somewhere in that time-frame the team will make a snapshot. Could be during the first day, second, third... no way of knowing. Once that snapshot is taken the team will prepair the payout and pay the profit share to their token holders. You might be wondering why they hide the snapshot date. This is so that people won't be able to manipulate the price by timing the snapshot (see it as a security measure).