Dedicated Cryptocurrency Fund TaaS Starts its Initial Coin Offering
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Dedicated Cryptocurrency Fund TaaS Starts its Initial Coin Offering
TaaS, a tokenized closed end fund dedicated to blockchain assets, has launched its Initial Coin Offering (ICO) today, which will last until April 27, 2017. The venture will issue tokens built on a profit-sharing smart contract where token owners receive 50% of the quarterly profits.
TaaS co-founder Dimitri Chupryna said: “TaaS’ model solves the major problems faced by early adopters of cryptocurrencies, issues that make it impossible for institutional or traditional investors to access the world’s fastest growing market. We have designed the TaaS platform to reduce the risks and barriers faced by investors when entering the surging blockchain and cryptocurrency space.
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