Token-as-a-Service (TaaS), a tokenized blockchain asset fund, today announced the decision to terminate Token-as-a-Service and distribute assets to token owners, and move over to developing new products and services. The team says it has fulfilled its objective of making smart contributions and providing its initial 3,942 members and subsequent token holders with returns on their contributions.
developed a range of tools, including the Cryptographic Audit, a suite of analytics and monitoring tools accessible to any member of the public who currently owns or considers purchasing TaaS tokens.
At the end of the first fully-operational year, ending April 30, 2018, the Net Asset Value (NAV) increased from the original token generation event benchmark (7,569,371.61 USDT equivalent) by over 23 million USDT equivalent while the total gains exceeded 32.5 million USDT equivalent, resulting in an aggregated 780% annual growth rate. TaaS is expected to exceed 16.5 million USDT equivalent in quarterly distributions, as a result of the 24 months of operations, thus providing over 220% ROI and 275% ROA.
“I am proud of our team for continuously over performing the blockchain market benchmarks and generating alfa. We love this constantly evolving industry and will stay dedicated to blockchain and cryptocurrency. I would also like to express my gratitude to 15,000+ community members for placing their trust in us”, said Ruslan Gavrilyuk, co-founder and President of TaaS.
At the beginning of May 2019, TaaS will publish the results of its eighth and final fully-operational quarter (Feb 1 — Apr 30). The token membership wind-down procedure will commence immediately, and the underlying assets will be distributed to the users who have completed the Authorization procedure in accordance with TaaS Compliance Policy.