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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: TaaS — Tokenized Closed-End Fund on: July 28, 2017, 12:41:12 PM
The distribution of TaaS first dividend is coming. Yet still we don't know what the figures are. This is really a make or break situation for me. So if its adequate I will keep and buy some but will sell otherwise.

Honestly, this is dangerous conduct for all people involved with TaaS. You all need to take into consideration the fact that TaaS began investing in ICOs and trading at what was nearly the cusp of the ICO rush induced crash of Eth and BTC correction. As it stands, they are down quite a bit on their ICO investments. The only thing that could have generated positive returns was if their trading team timed the bubble bursting and shorted ETH, BTC and whatever else alt all the way down. Perhaps Kepler is aiding them in riding these waves?

In any case, I think it's premature to expect any dividends at all for this quarter considering the huge losses across the board. For now, the more important milestone would be establishing the successful functionality of the TaaS smart contract. If there are dividends at all, them being paid out to all token holders is a huge thing. TaaS will be among the very few tokens of the hundreds that have actually delivered on what they promised. They'll have proven the fund is fully functional and payouts are indeed working as intended. I hope investors will understand THAT is the more important thing for now. Expect dividends in later quarters. While we're at it, it'd be financially sound to make dividend payouts annual events. Quarterly payouts stress the team too much and puts additional risk pressure on the TaaS funds and reserves. Coin movements make major moves within the timeframe of many months up to a year. Trying to cut profits from marginal movements within just a few months seems unwise.
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: TaaS — Tokenized Closed-End Fund on: July 17, 2017, 06:22:16 PM
RAGEmond: that scenario could indeed happen. No one knows what the market is going to do next though, so anything is possible really. However, they accumulated some strong positions in LTC, ZEC, XEM and other large coins the last few days. I'm pretty sure the team knows what they are doing.

TaaS began trading and investing at nearly the cusp of the crash, which may well mean their ICOs are not doing well, not to mention the day trading they are supposedly performing. The ICO tokens that have been launched, to my knowledge, are massively down post-launch due to the ICO craze dumping every single one, which in turn led to the ETH/BTC crash, which has, on average, halved the value of their holdings I believe. It'd be cool if someone had the time to stick all the data into one report and reveal if TaaS is currently losing or is still in the green. If they're in the red, I see no way they could pay out dividends without further compromising their market position, being forced to liquidate in order to pay the ever-more crazed dividend sharks. The only surefire way they could have profited massively off the crash is if they happened to short the market even anywhere near the peaks. Swing trading the bear market in smaller trades seems overly risky for the kind of money they are trading with. But hey, perhaps this fancy Kepler program has guided them through all this, and they did precisely that?

Personally, I'm fairly worried about the way TaaS has decided to manage the payout intervals. 3 months seems like a rather harsh window to impose on the team to turn a profit. I think the dividend should be annual, so once per year. Too frequent dividend payouts put further stress and risk on the team and potentially harm their performance. Once per year is a nice, round period of time and provides ample opportunities for the team to successfully produce results, not to mention it gives time for the ICO investments to mature. Looking at the numbers on ICOstats.com, there are no ICOs that turned a considerable profit in just a few months, so liquidating them seems counter-productive. On average, the ICOs have taken at LEAST a year and usually 2-3 to mature.

In closing, I fear for the productivity of the TaaS team if they are run under such a tight leash. I will be quite surprised if the first year, much less this first quarter turns a genuine profit. That is, they generate enough income to pay out reasonable dividends WITHOUT compromising their market holdings too much. In my honest opinion, the team should have a good 1 year interval to do their job. Better for their focus and trading integrity. Better for investors' peace of mind. Certainly better for potential profits. All I know is that more than the dividend payouts, I await their progress reports. I am sincerely interested in how they are faring with their strategies and how much Kepler has had an impact on their trading.
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