TaaS (cryptocurrency)

TaaS (Token-as-a-Service) is a tokenized closed-end fund that is focused on blockchain assets. The company is headquartered in Singapore, Singapore and was founded in 2016 by Ruslan Gavrilyuk, Konstantin Pysarenko, Dimitri Chupryna, and Maksym Muratov. Taas is built on the Ethereum blockchain and uses profit sharing smart contracts that offer TaaS token holders a quarterly 50% capital gains payout. The company uses 25% of capital gains to reinvest into the TaaS portfolio, and the final 25% of capital gains are kept as performance fees.

Introduction to TaaS.

On April 27, 2017 TaaS concluded their ICO selling approximately $7.5 million worth of TaaS tokens.