TaaS — Tokenized Closed-End Fund

[abdulaziz07]

TAAS loses money in the crypto markets. So, it is possible there will be no dividends)  https://ca.taas.fund

Any inside news..

what about the profit they made on earlier trades or investing in ICO's?

[jacafbiz]

Already clear if liqui TaaS holders get their dividends?

Not sure about liqui but livecoin exchange users will get dividend on their Taas.
But to me the best way is to keep them either in mew or taas.fund

How many tokens do one need to have in one's wallet to be eligible for dividends. Also with the things are now most of their investment are down, Sphere started dumping the first day it hit the market which was a huge surprise to me

[hrbt]

let's dump all taas on liqui =)

i will buy all

[qiman]

TAAS loses money in the crypto markets. So, it is possible there will be no dividends)  https://ca.taas.fund

Can you please clarify where you received this information? Also what proof do you have and can you please post specific details of profit and loss?
I am an investor here but I know many FUD coins in this forum so I need specific information. Thank you in advance.

[RAGEmond]

TAAS loses money in the crypto markets. So, it is possible there will be no dividends)  https://ca.taas.fund

Can you please clarify where you received this information? Also what proof do you have and can you please post specific details of profit and loss?
I am an investor here but I know many FUD coins in this forum so I need specific information. Thank you in advance.

It doesn't matter if the fund itself is rising or not (because of ETH dump etc.) it depends on the trades they do and if they generated profit or not .. and this profit will be paid out by dividends

[migello]

TAAS loses money in the crypto markets. So, it is possible there will be no dividends)  https://ca.taas.fund

Can you please clarify where you received this information? Also what proof do you have and can you please post specific details of profit and loss?
I am an investor here but I know many FUD coins in this forum so I need specific information. Thank you in advance.

It doesn't matter if the fund itself is rising or not (because of ETH dump etc.) it depends on the trades they do and if they generated profit or not .. and this profit will be paid out by dividends

on that link you can check the trades they have done on various exchanges,if someone have time can also calculate  losses/gains

[Rusupaulmihai91]

i want a taas price prediction! please pm me!

[n00b3rt]

Just 1 question - what tokens do you have, other than the ones shown on the cryptographic audit?

ETH 18966.999856750645306563
BTC 585.68595545
MYST 101999.99999999
XID 1059211.52000000
BNT 293375
TenX 420000

This can't be it, can it?

P.S. Nvm, looked at the exchanges day-by-day, seems that you're hedged well, thanks

But still, do we have some deadline for when the whole balances would be shown in ca? These ones above scared me ****less.

[qiman]

I am sure TAAS has a good set of FUND MANAGERS who are keenly looking after our investments. I know the market is pretty bumpy at the moment but they may have a good hedging strategy and also arbitrage trading is very safe and a good way to make more revenues and profits when things get more volatile in nature.

[btvGainer]

TAAS loses money in the crypto markets. So, it is possible there will be no dividends)  https://ca.taas.fund

Can you please clarify where you received this information? Also what proof do you have and can you please post specific details of profit and loss?
I am an investor here but I know many FUD coins in this forum so I need specific information. Thank you in advance.

It doesn't matter if the fund itself is rising or not (because of ETH dump etc.) it depends on the trades they do and if they generated profit or not .. and this profit will be paid out by dividends

Taas will distribute dividend in eth.No matter what the price of eth is.If they had planned to distibute 1 eth per 10k taas earlier, they can do same even now.

[tomtinderbox]

TAAS loses money in the crypto markets. So, it is possible there will be no dividends)  https://ca.taas.fund

Can you please clarify where you received this information? Also what proof do you have and can you please post specific details of profit and loss?
I am an investor here but I know many FUD coins in this forum so I need specific information. Thank you in advance.

It doesn't matter if the fund itself is rising or not (because of ETH dump etc.) it depends on the trades they do and if they generated profit or not .. and this profit will be paid out by dividends

Taas will distribute dividend in eth.No matter what the price of eth is.If they had planned to distibute 1 eth per 10k taas earlier, they can do same even now.

Let me clear up some confusion here. The fund has a certain baseline. This initial baseline is in fiat (USD) and was calculated at the end at the ICO. If the portfolio would rise above this baseline (in USD), it is already considered profit. So what RAGEmond posted is a little bit confusing since portfolio growth (in USD) in general would put the fund over that baseline.

Yes, trades are considered 'profit', but only if these 'profits' are still above the baseline (if for example the market would drop) at the end of the quarter. Then there is also the reserve fund (ETH) that can be used to pay the profit (our share, manager fee and reinvestment) without the need to liquidate certain trading positions. Making it so that the fund does not necessarily lose (trading positions for example) when paying out the profits.

So in general, the amount of ETH that is paid as profit can fluctuate per quarter depending on the price of ETH, and the value of the fund.

That being said, 50% of these quarterly profits are for the token holders, 25% is for the fund managers, and the other 25% is reinvested in the portfolio and thus basicly rises the baseline for the next quarter. That is how the fund grows over time.

[RAGEmond]

TAAS loses money in the crypto markets. So, it is possible there will be no dividends)  https://ca.taas.fund

Can you please clarify where you received this information? Also what proof do you have and can you please post specific details of profit and loss?
I am an investor here but I know many FUD coins in this forum so I need specific information. Thank you in advance.

It doesn't matter if the fund itself is rising or not (because of ETH dump etc.) it depends on the trades they do and if they generated profit or not .. and this profit will be paid out by dividends

Taas will distribute dividend in eth.No matter what the price of eth is.If they had planned to distibute 1 eth per 10k taas earlier, they can do same even now.

Let me clear up some confusion here. The fund has a certain baseline. This initial baseline is in fiat (USD) and was calculated at the end at the ICO. If the portfolio would rise above this baseline (in USD), it is already considered profit. So what RAGEmond posted is a little bit confusing since portfolio growth (in USD) in general would put the fund over that baseline.

Yes, trades are considered 'profit', but only if these 'profits' are still above the baseline (if for example the market would drop) at the end of the quarter. Then there is also the reserve fund (ETH) that can be used to pay the profit (our share, manager fee and reinvestment) without the need to liquidate certain trading positions. Making it so that the fund does not necessarily lose (trading positions for example) when paying out the profits.

So in general, the amount of ETH that is paid as profit can fluctuate per quarter depending on the price of ETH, and the value of the fund.

That being said, 50% of these quarterly profits are for the token holders, 25% is for the fund managers, and the other 25% is reinvested in the portfolio and thus basicly rises the baseline for the next quarter. That is how the fund grows over time.

So due to recent dump of eth and mostly other coins:if the "profit" of trading is lower than the decrease of the net worth we could be below the baseline which will lead into 0$ payout? not estimating this but this could be a possible scenario also in future payouts?

[tomtinderbox]

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.

[cryrpt777]

TaaS invests 500 ETH in CoinDash, a crypto-based Social Trading Platform

https://medium.com/@Taas/taas-invests-500-eth-in-coindash-a-crypto-based-social-trading-platform-14a6055c5fd8

[MBW_2]

Looks like TaaS is turning a big amount of BTC into LTC. Any ideas on how TaaS could have done things or could do things differently in the future to come?

[cryrpt777]

TaaS invests 500 ETH in CoinDash, a crypto-based Social Trading Platform

https://medium.com/@Taas/taas-invests-500-eth-in-coindash-a-crypto-based-social-trading-platform-14a6055c5fd8

And CoinDash website hacked... At least they say so...

[giagge]

When taas pay dividend ? .

[tomtinderbox]

When taas pay dividend ? .

In the beginning of august. No specific date/time as of yet.

TaaS invests 500 ETH in CoinDash, a crypto-based Social Trading Platform

https://medium.com/@Taas/taas-invests-500-eth-in-coindash-a-crypto-based-social-trading-platform-14a6055c5fd8

And CoinDash website hacked... At least they say so...

From Dimitri: "Guys, please stay calm. TaaS made a commitment during a pre-sale, and funds were sent to a different address [not the hacked one]. Let's wait for an official statement from Coindash team, and stay rational before situation is more clear."

[KevBeans]

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.

[atricoz]

TaaS invests 500 ETH in CoinDash, a crypto-based Social Trading Platform

https://medium.com/@Taas/taas-invests-500-eth-in-coindash-a-crypto-based-social-trading-platform-14a6055c5fd8

I heard today that Coindash site has been hacked and they lost all funds. This means Taas lost 500 ETH?