What is Taas

Title

2019-04-17 TaaS announces it will stop the fund! You have to do a KYC at TaaS website in order to get redemption. More on that here.


Token-as-a-Service (TaaS) is the first-ever tokenized closed-ended fund dedicated to crypto assets, actively contributing to the development of the blockchain ecosystem and paying its token holders a quarterly 50% profit share.

TaaS generates its income from participation in ICO’s, trading crypto assets and cryptocurrencies on major exchanges and fixed income operations from cryptocurrencies. TaaS has a large team (30 people) but only 3 traders.

In order to receive dividends somewhere in Q1/Q2 2019 KYC is needed. More details follow when they appear.


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Upcomming Payment   Payout Structure   Dividend Calculator   Market Value   
ICO Details   Current Performance   All Time Progress   Dividend Yields   
TAAS vs Other Crypto   My view on TaaS   Related Links   

Taas Payout Structure

Every quarter all ‘realized’ profit are split as follows 25% goes to TaaS as management fees. 25% goes back to the fund to be reinvested and 50% is paid out to TaaS Token holders in Ethereum.

How ‘realized’ profit for dividend is calculated is a bit of a mystery. It is not simple the difference in fund size. In their quarterly reports they mention 6 assets: Current Assets (BTC, EHT, USD(T)), Concluded TGEs, Active trading Portfolio, Assets on Hold / Uncompleted Transactions, Early Contributions / Vested Contributions and a reserve fund. The total gains are the first four assets differences added up. If you subtract all assets on hold you get the profit number.

Go to the TaaS dividend calculator to see how many dividend you would receive.

Some basic profit examples and dividend.

Dividend  Dividend  Dividend 
25% ($2,444,576.75)$0.1500 $2,500,000$0.1534 $40,730,004$2.50
15% ($1,466,746.05)$0.0900 $1,000,000$0.0614 $16,292,002$1.00
9% ($880,047.63)$0.0540 $750,000$0.0460 $8,146,001$0.50
5% ($488,915.35)$0.0300 $333,333$0.0205 $4,073,000$0.25
3% ($293,349.21)$0.0180 $150,000$0.0092 $1,629,200$0.10
1% ($97,783.07)$0.0060 $50,000$0.0031 $814,600$0.05
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TaaS dividend calculator

TaaS dividend payouts are calculated by this formula ((Profit / 2) / 8,146,000.78 = payout per TaaS.
The remainder is divided by 2.
One part goes into fund growth the other part is taken as management fees.

You can calculate what you would earn with your TaaS and also how many profit is needed to get a certain amount of profit sharing by entering the numbers below and press "Calculate".

Profit TaaS makes in a quarter $
Amount TaaS you own  
Total dividend you are aming for in a quarter$
Display currency  

TaaS current balance

Fundsize at start this dividend period: $9,778,306.99

 Assets Baseline Current Difference 
Currents Assets (BTC,ETH,USDT)$5,005,819.7151.19%$0.00NAN%$-5,005,819.71-100%
Active$691,731.017.07%$0.00NAN%$-691,731.01-323.54%
Assets on hold$5,154.120.05%$-1,546,313.64-INF%$-1,551,467.76-30101.51%

Total gains$5,702,704.8458.32%$-1,546,313.64-INF%$-7,249,018.48-127.12%

Reserve Fund$977,820.7610%$0.00NAN%$-977,820.76-100%
Early Stage ico's$3,097,781.3931.68%$1,546,313.64INF%$-1,551,467.76-50.08%

Totals$9,778,306.99100%$0.00100%$-9,778,306.99-100%

 
Based on reserve fund the table above leads to the following dividend.
Total gains$-7,249,018.48 
Assets on hold$-1,546,313.64-

Profit for payouts$-5,702,704.8450%

Dividend$-2,851,352.42 

Disclaimer: It is a bit hard to predict dividend. The TaaS Audit tool provides us with to total fund size, but to calculate dividends correctly we need two unknown parameters.

If we take a look at the quarterly reports we can conclude the total gains are calculated by adding up the differences in the currents assets, the concluded TGE's, the active portfolio and the assets on hold. Profit eligible for dividend is this sum minus the assets on hold.

The big problem with the audit tool it does not provide the reserve fund size (it's a part of the BTC, ETH, USDT holdings). According to TaaS it will be determined at the end of each trading period. But the reserve fund is always kept between 10 and 30% of the total fund size. In the last 2 quarters with dividend we have seen a 25% reserve fund, but it has dropped to 10% afterwards.

The other problem with the tool are the ESAH holdings (Early Stage AND Assets on hold) This is a problem, because we need those figures split up.

For calculations on this site we take the difference between ESAH and the baselines for assets on hold + early stages. We split the difference and add it up with the baselines. Meaning dividend prediction could be off from the real world, the number here is a speculation!

Return of investment


Current total profit this quarter: $-5,702,704.84.
Related to fund at the beginning of this quarter ($9,778,306.99) Profit margin -58.32%
Related to fund after ICO closed ($7,569,371.61) Profit margin -75.34%

Current TaaS Fund size


Total fund at the moment TaaS NaV 5000 TaaS  
0.00USD0.00000000USD0.00000000USD
0.00EUR0.00000000EUR0.00000000EUR
0.00ETH0.00000000ETH0.00000000ETH
0.00BTC0.00000000BTC0.00000000BTC




Current profit ( $-5,702,704.84 ) related to next dividend payouts


Based on current profit, this is what we will receive at next pay outs:
1 TaaS500 TaaS5000 TaaS5000 TaaS
0.00000000USD0.00000000USD0.00000000USD0.00000000USD
0.00000000EUR0.00000000EUR0.00000000EUR0.00000000EUR
0.00000000ETH0.00000000ETH0.00000000ETH0.00000000ETH
0.00000000BTC0.00000000BTC0.00000000BTC0.00000000BTC
0.00000000TAAS0.00000000TAAS0.00000000TAAS0.00000000TAAS

To get a $1000 quarterly dividend you need inf TAAS tokens with $-5,702,704.84 profit.
With 5000 TAAS profit needs to be $3,258,400.31 to get a $1000 quarterly dividend.


Extrapolated profits over the quarter ( $-4,502,135.40 ) related to next dividend payouts


Based on extrapolated profit, this is what we will receive at next pay outs:
1 TaaS500 TaaS5000 TaaS5000 TaaS
-0.27634023USD-138.17011321USD-1,381.70113212USD-1,381.70113212USD
-0.23856341EUR-119.28170606EUR-1,192.81706056EUR-1,192.81706056EUR
-0.00111262ETH-0.55630940ETH-5.56309396ETH-5.56309396ETH
-0.00003455BTC-0.01727422BTC-0.17274222BTC-0.17274222BTC
-0.22306183TAAS-111.53091420TAAS-1,115.30914204TAAS-1,115.30914204TAAS

To get a $1000 quarterly dividend you need -3,619 TAAS tokens with $-5,702,704.84 profit.
With 5000 TAAS profit needs to be $3,258,400.31 to get a $1000 quarterly dividend.
TaaS Fund progress during this dividend period
 
TaaS all time progress
Lifetime TaaS Performance (7 dividend periods).
Total Average 
Profit$12,451,161.74$1,778,737.39
Fees$8,140,493.29$1,162,927.61
Dividend$16,280,986.70$2,325,855.24
Dividend Per Token$1.99864606$0.28552087
Dividend per Token in ETH 0.00373704 0.00053386
USD Value now if you kept the ETH$0.92816467$0.13259495

TaaS profit breakdown
TaaS Yields
Dividend yields are the ratio between annual payment(s) and price.

Indicated Annual Yield last dividend ($0.000000 per TAAS)
The indicated annual yield is the ratio between annual dividend and token price.
((last div * annual payments) / price) x 100%
Indicated yield with dividend day price ($0.27):0.000000%
Indicated yield with current price ($1.24): 0.000000%
Indicated yield with ico price ($0.80): 0.000000%
 
Average Annual Yield ($0.004096 per TAAS)
The average annual yield is the ratio between the dividend average of last 12 months and token price.
((avg dividend * annual payments) / token price) x 100%
Average yield with dividend day price ($0.27): 6.060236%
Average yield with current price ($1.24): 1.322562%
Average yield with ico price ($0.80): 2.048070%
 
Average Yield overall ($0.285521 per TAAS)
The average yield is the ratio between the all time dividend average and token price.
((avg dividend * annual payments) / token price) x 100%
Average yield with dividend day price ($0.27): 422.427915%
Average yield with current price ($1.24): 92.188976%
Average yield with ico price ($0.80): 142.760433%

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TAAS Performance vs BTC, ETH, XRP, LTC, DASH and NEO

Would you have done better investing in the big crypto coins instead of buying TaaS?
Table below gives an overview if you had the choice to invest $1000 at the ICO ending or any given day.

Crypto Open price Nr coins for $1000 Current price Current $ value percentage%
BTC$1,042.21000.9595$7,998.6301$7,674.6817667.47%
DASH$84.420011.8455$155.0380$1,836.507783.65%
ETH$53.120018.8253$248.3692$4,675.6248367.56%
LTC$4.1800239.2344$100.5557$24,056.37862,305.64%
NEO$0.21254,706.5911$11.3459$53,400.48135,240.05%
XRP$0.010198,765.4321$0.3829$37,817.85483,681.79%
TaaS market opening$0.81991,219.6594$1.2389$3,948.6431*294.86%
TaaS ICO price$0.80001,250.0000$1.2389$4,046.8705*304.69%
TaaS ICO NaV$0.92921,076.1793$1.2389$3,484.1265*248.41%
* Dividend included (Value TAAS + total dividend)
If you want to compare TaaS prices form a specific date, just select one and click the 'Performance' button
   

My view on TaaS

2019-02-26 It could be a bargain at the moment, trading at 25% at NaV. But the results past year where very disappointing, with 3 quarters in a row with no profit and 1 with just dust it’s also no certainty. If you are in it you might consider average your holdings down and buy a bit more.

Trading results seems to be a little bit better at the moment and I have not given up on the project. ICO and investments, well let’s leave it with the 2017 craziness has past and there are very few ICO projects ongoing worth investing.

Will you be better of holding crypto longer term rather than investing in TaaS. TaaS could be a hedge against that to spread risks, but 25% fees for just holding with a little different strategy than your own is a huge payment.

The only reason to buy more TaaS is the current market price and the statement TaaS made about “What will happen when the fund stops”. According the whitepaper token holders only rights is to receive dividends and if the funds stops it won’t be redistributed to token holders. This will change, making owning TaaS would be more like shares in the fund than it was.

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Upcoming TaaS Payment

TaaS Q6 dividend payout can be expected in the first week of May 2019

If you hold TaaS at the moment snapshot is taken (somewhere in the first week of November 2018) in any erc_20 supported Ethereum Wallet like MyEtherWallet, Nano Ledger S, Trezor or any other (except any exchange) you will receive your pay out automatically.

Last 10 TaaS Payments
DateDividendIndicated Yield
Div DayPrice
2019-02-05$0.00000000.00%0.00%
2018-11-06$0.00000000.00%0.00%
2018-08-02$0.00000000.00%0.00%
2018-05-12$0.01638461.02%5.29%
2018-02-03$1.362700097.64%439.99%
2017-11-04$0.335795828.64%108.42%
2017-08-07$0.283765753.54%91.62%

See all payments
TaaS ICO and token details

Websitetaas.fund
WhitepaperWhitepaper
Ico started2017-03-28
Ico ended2017-04-27
Ico Price1$ with 20% bonus
Ico Price$0.80000000
Ico NAV$0.92921322
Total Raised
$7,569,371.61
Total supply8,146,000.780000
Circulating supply8,146,000.780000
Payout currencyEthereum
BlockchainEthereum
TokentypeERC-20
TickerTAAS
Decimals6
Contractaddress
0xe7775a6e9bcf904eb39da2b68c5efb4f9360e08c

TAAS related links

Main WebsiteTaas
MediumMedium
RedditTaaSfund
LinkedinTaaS
Facebooktaasfund
Steemit@taas
BitcointalkBitcointalk
EtherscanTokenholders
Telegram Chat@taasfund
Telegram Newsfeed@taasfundnews

Rating: 4.5/5 (200 stemmen)

TAAS market value
Last traded TAAS price:$1.23885036
In ETH: 0.00498794 ETH
In BTC: 0.00015488 BTC
1 ETH: 200.48360686 TAAS
1 BTC: 6,456.49411719 TAAS

Source CoinMarketCap.com taas
TaaS Exchanges

ZappleTaaS
EtherdeltaTAAS-ETH
LivecoinLivecoin
OrderbookTAAS-ETH
CoinexchangeTAAS-BTC
HitBTCTAAS-BTC
HitBTCTAAS-ETH
ForkDeltaTAAS-ETH

Donations


Any beer / donation is appreciated, thx!
BTC:
3Hc6PFL6yctFG15HQ5EekBNykkgzyoRabr

ETH or any ERC-20 tokens:
0x3279fd991AA42a1759bef80b1C3202EE985668d3

If you want to donate any other coin. Contact me. I'm sure I have a wallet somewhere.
TaaS on Twitter
TaaS Blogs

After 1 year TaaS.
After 1 year TaaS. zon 13 mei; TaaS had an excellent start. First 3 quarters booked all 3 a nice profit and I never took much attention to it after a while. But after the results from quarter four I realized I'm not that happy about TaaS as a was before. How come?

 

Taas made first pay out to investors
Taas made first pay out to investorsma 8 aug; Taas made first pay out to investors. The Fund concluded its first quarter with earnings of 4,623,111.61 USD. Every Taas holder received 0,00140664640426012911004496244756 ETH per TaaS Token. Due to a rise in Ethereum at the time token holders received their share the 28 $cents a TaaS was close to 37 $cents...
 

 
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