TaaS — Tokenized Closed-End Fund

[legendbtc]

Ethereum Price going higher now thats great

It's not that great really. That means they will pay less dividends.
Taas is still profitable but waiting 3 months for shares is hard. I'm tempted to do trades in exchanges.

Who said it will be low whatever the price of ETH, they will pay according to profits they gained from the investment they do. Maybe next time the price of TaaS going to touch more than 10$ for sure because already the price of TaaS ATH is nearly 7.5$.

[newb-dev]

What’s the requirement for the payout? Someone has to own taas tokens? Is there a holding period requirement?

[fast2fix]

What’s the requirement for the payout? Someone has to own taas tokens? Is there a holding period requirement?

you have to own taas in your mew/taas wallet to get profit share. basically you have to keep taas up until snapshot[its announced way in advance] to receive profit share.

[bitcircle]

What’s the requirement for the payout? Someone has to own taas tokens? Is there a holding period requirement?

Payout done on quarterly based you need to keep hold the token till snapshot dev announce about this event. You can find the details about previous payout rounds. This is very simple method to get rewarded just hold and peace.

[hrbt]

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[KuromaYoichi]

Ethereum Price going higher now thats great

It's not that great really. That means they will pay less dividends.
Taas is still profitable but waiting 3 months for shares is hard. I'm tempted to do trades in exchanges.

Who said it will be low whatever the price of ETH, they will pay according to profits they gained from the investment they do. Maybe next time the price of TaaS going to touch more than 10$ for sure because already the price of TaaS ATH is nearly 7.5$.

What he means is the dividend we get based on $$ so if ETH price increase we will get less ETH. Personally i don't mind because taas also has some eth in their portofolio so that should boost our dividend gain if eth price increase. Also that target price can be achieved if the funds performance near the next dividend payment is good.

[qiman]

I am a little disturbed at the sharp fall in price this quarter. I expected it to perhaps drop by maximum 20% but not by 50% where it is at now. This actually puts me in a loss even with two lots of dividends so am thinking if I SHOULD SELL A FEW OFF AND JUST KEEP SOME Bitcoin as TAAS keeps going down while Bitcoin keep going up so am not making any profit here at all. Only those who bought in the beginning are really still in profit here.

[kivo2004]

I was intrigued about TaaS but after researching a little from what I've read here, it appears that you get roughly a 3% return per quarter on the investment. That value is much worse compared to some other coins in the markets that I'm learning about such as Bitcore. Obviously, this is highly speculative but they're offering a guaranteed weekly return of 3% in the form of an airdrop for the month of November while increasing that return by 1% each month going forward. There are certainly downsides to this approach which we'll see as time goes by but from a purely compounding perspective, it seems like a no-brainer to choose another altcoin such as Bitcore over TaaS. Please note that I'm a newbie trying to build a portfolio of dividend coins similar to my stock portfolio and my only intent is to see whether it makes sense for me to consider TaaS as an option. Thanks everyone for their input and best of luck!

[GreatFelix]

I was intrigued about TaaS but after researching a little from what I've read here, it appears that you get roughly a 3% return per quarter on the investment. That value is much worse compared to some other coins in the markets that I'm learning about such as Bitcore. Obviously, this is highly speculative but they're offering a guaranteed weekly return of 3% in the form of an airdrop for the month of November while increasing that return by 1% each month going forward. There are certainly downsides to this approach which we'll see as time goes by but from a purely compounding perspective, it seems like a no-brainer to choose another altcoin such as Bitcore over TaaS. Please note that I'm a newbie trying to build a portfolio of dividend coins similar to my stock portfolio and my only intent is to see whether it makes sense for me to consider TaaS as an option. Thanks everyone for their input and best of luck!

You misread some stuff. ICO price was 1 USD = 1 TaaS and the payout of the first quarter was 0.28 USD / TaaS and the second was 0.3358 USD / TaaS. I don't get how you calculate your 3 percent per quarter. If you would grab TaaS at the current rate of $4.19 and the payout in February would be like the last one you would get about 8 percent dividend. If TaaS performance is better it will be more - vise versa - it will be a bit less.

[hrbt]

I was intrigued about TaaS but after researching a little from what I've read here, it appears that you get roughly a 3% return per quarter on the investment. That value is much worse compared to some other coins in the markets that I'm learning about such as Bitcore. Obviously, this is highly speculative but they're offering a guaranteed weekly return of 3% in the form of an airdrop for the month of November while increasing that return by 1% each month going forward. There are certainly downsides to this approach which we'll see as time goes by but from a purely compounding perspective, it seems like a no-brainer to choose another altcoin such as Bitcore over TaaS. Please note that I'm a newbie trying to build a portfolio of dividend coins similar to my stock portfolio and my only intent is to see whether it makes sense for me to consider TaaS as an option. Thanks everyone for their input and best of luck!

This is great thinking

TAAS is best investment for me in crypto    beside BTC and ETH offcourse =)

[Galabau24]

I was intrigued about TaaS but after researching a little from what I've read here, it appears that you get roughly a 3% return per quarter on the investment. That value is much worse compared to some other coins in the markets that I'm learning about such as Bitcore. Obviously, this is highly speculative but they're offering a guaranteed weekly return of 3% in the form of an airdrop for the month of November while increasing that return by 1% each month going forward. There are certainly downsides to this approach which we'll see as time goes by but from a purely compounding perspective, it seems like a no-brainer to choose another altcoin such as Bitcore over TaaS. Please note that I'm a newbie trying to build a portfolio of dividend coins similar to my stock portfolio and my only intent is to see whether it makes sense for me to consider TaaS as an option. Thanks everyone for their input and best of luck!

This is great thinking

TAAS is best investment for me in crypto    beside BTC and ETH offcourse =)

For me too !!!

[clixcoin]

I was intrigued about TaaS but after researching a little from what I've read here, it appears that you get roughly a 3% return per quarter on the investment. That value is much worse compared to some other coins in the markets that I'm learning about such as Bitcore. Obviously, this is highly speculative but they're offering a guaranteed weekly return of 3% in the form of an airdrop for the month of November while increasing that return by 1% each month going forward. There are certainly downsides to this approach which we'll see as time goes by but from a purely compounding perspective, it seems like a no-brainer to choose another altcoin such as Bitcore over TaaS. Please note that I'm a newbie trying to build a portfolio of dividend coins similar to my stock portfolio and my only intent is to see whether it makes sense for me to consider TaaS as an option. Thanks everyone for their input and best of luck!

This is great thinking

TAAS is best investment for me in crypto    beside BTC and ETH offcourse =)

No doubt TAAS is best performing asset the team utilizing their capital wisely and their ROI is simply the that is the great reason to hodl this token. I also believe in long term each token will get more big value hopefully around 3rd payout.

[Pipesnake]

I am a little disturbed at the sharp fall in price this quarter. I expected it to perhaps drop by maximum 20% but not by 50% where it is at now. This actually puts me in a loss even with two lots of dividends so am thinking if I SHOULD SELL A FEW OFF AND JUST KEEP SOME Bitcoin as TAAS keeps going down while Bitcoin keep going up so am not making any profit here at all. Only those who bought in the beginning are really still in profit here.

Don't sell, hold on.BTC reaching new ATH every month and all altcoins are going down.We should be seeing a point where it will stabilize after CME listing in December.All Altcoins should be slowly recovering by new year and taas to be one of them.

[kivo2004]

I was intrigued about TaaS but after researching a little from what I've read here, it appears that you get roughly a 3% return per quarter on the investment. That value is much worse compared to some other coins in the markets that I'm learning about such as Bitcore. Obviously, this is highly speculative but they're offering a guaranteed weekly return of 3% in the form of an airdrop for the month of November while increasing that return by 1% each month going forward. There are certainly downsides to this approach which we'll see as time goes by but from a purely compounding perspective, it seems like a no-brainer to choose another altcoin such as Bitcore over TaaS. Please note that I'm a newbie trying to build a portfolio of dividend coins similar to my stock portfolio and my only intent is to see whether it makes sense for me to consider TaaS as an option. Thanks everyone for their input and best of luck!

You misread some stuff. ICO price was 1 USD = 1 TaaS and the payout of the first quarter was 0.28 USD / TaaS and the second was 0.3358 USD / TaaS. I don't get how you calculate your 3 percent per quarter. If you would grab TaaS at the current rate of $4.19 and the payout in February would be like the last one you would get about 8 percent dividend. If TaaS performance is better it will be more - vise versa - it will be a bit less.

Thanks for that insight. I was skimming through the pages on this forum and must've pulled out the wrong number. With regard to the performance of TaaS, is there any transparency around how well they're performing / how much we should expect to receive in each of the next quarters in advance or is it mostly a black box from our perspective until the dividend gets paid out?

[GreatFelix]

I was intrigued about TaaS but after researching a little from what I've read here, it appears that you get roughly a 3% return per quarter on the investment. That value is much worse compared to some other coins in the markets that I'm learning about such as Bitcore. Obviously, this is highly speculative but they're offering a guaranteed weekly return of 3% in the form of an airdrop for the month of November while increasing that return by 1% each month going forward. There are certainly downsides to this approach which we'll see as time goes by but from a purely compounding perspective, it seems like a no-brainer to choose another altcoin such as Bitcore over TaaS. Please note that I'm a newbie trying to build a portfolio of dividend coins similar to my stock portfolio and my only intent is to see whether it makes sense for me to consider TaaS as an option. Thanks everyone for their input and best of luck!

You misread some stuff. ICO price was 1 USD = 1 TaaS and the payout of the first quarter was 0.28 USD / TaaS and the second was 0.3358 USD / TaaS. I don't get how you calculate your 3 percent per quarter. If you would grab TaaS at the current rate of $4.19 and the payout in February would be like the last one you would get about 8 percent dividend. If TaaS performance is better it will be more - vise versa - it will be a bit less.

Thanks for that insight. I was skimming through the pages on this forum and must've pulled out the wrong number. With regard to the performance of TaaS, is there any transparency around how well they're performing / how much we should expect to receive in each of the next quarters in advance or is it mostly a black box from our perspective until the dividend gets paid out?

You could read their Medium page first. This gonna give you the knowledge what TaaS invested in and how they performed in the first two quarters.
https://medium.com/@Taas/

Additionally you can check out the cold storage here:
https://ca.taas.fund/wallets/list

I do not reget my investments in TaaS and I gonna hodl for a long time. :-)

[kivo2004]

Thanks! Very helpful stuff. As I said earlier, I'm a bit of a risk-averse investor coming from the traditional side of holding stock dividends. As I learn more about cryptos, I'm learning that this is a quite different animal from an investment perspective. Very fascinating indeed.

[GreatFelix]

Thanks! Very helpful stuff. As I said earlier, I'm a bit of a risk-averse investor coming from the traditional side of holding stock dividends. As I learn more about cryptos, I'm learning that this is a quite different animal from an investment perspective. Very fascinating indeed.

You learn every day something new in this space! When I started to get more into cryptos I was fascinated "how much bigger this world is". Keep in mind that - if you buy TaaS - liqui gonna stop sending the Tokens like one week before the payout. At least they did that this quarter. As far as I heard because all people withdraw TaaS their system shut down the transfer of TaaS to prevent a hack.

And it is good that you put time and effort into it - to do your own research is the most important thing in this crypto world.

Cheers!

[Kryptiq]

...
At about $0.30 USD per TAAS this coin is great for hodlers. The ICO people receive well over 100% per year on their ICO investment. I saw $0.80 mentioned as ICO price, I thought I had paid $1.00, but fine. I just wish I had deposited a year salary into it then
Anyone buying the coin around $4.50 will receive 25% return per year (based on dividend of around $0.30). Try and find that in financial products... If you reinvest all the dividend, and you should since people dump TAAS to current levels again right after dividend payout which is very nice of those people, you can grow your total amount of TAAS by 30% per year.

Must have missed that post also, kivo2004. But that is about it. 6% return every three months if price is around $4.50 and dividends are about the same. TAAS is cheaper right now, so potentially better returns.
Keep your TAAS off the exchanges if you want to receive dividend. It's not paid out to TAAS which is kept there.

And yes, such things are great for risk-averse people. I am too involved with my coins to be trading with them. If price drops, I panic, and if price jumps, I panic

[mcfom]

...
At about $0.30 USD per TAAS this coin is great for hodlers. The ICO people receive well over 100% per year on their ICO investment. I saw $0.80 mentioned as ICO price, I thought I had paid $1.00, but fine. I just wish I had deposited a year salary into it then
Anyone buying the coin around $4.50 will receive 25% return per year (based on dividend of around $0.30). Try and find that in financial products... If you reinvest all the dividend, and you should since people dump TAAS to current levels again right after dividend payout which is very nice of those people, you can grow your total amount of TAAS by 30% per year.

Must have missed that post also, kivo2004. But that is about it. 6% return every three months if price is around $4.50 and dividends are about the same. TAAS is cheaper right now, so potentially better returns.
Keep your TAAS off the exchanges if you want to receive dividend. It's not paid out to TAAS which is kept there.

And yes, such things are great for risk-averse people. I am too involved with my coins to be trading with them. If price drops, I panic, and if price jumps, I panic

Let sitting our tokens on any exchange is not a good decision anything bad could happen in term of hacking. If want to get rewarded than must keep them under our control I also think if we have our tokens on exchange little drop or increase can make us panic. TAAS is performing so nice so it will be amazing investment in future.

[GreatFelix]

...
At about $0.30 USD per TAAS this coin is great for hodlers. The ICO people receive well over 100% per year on their ICO investment. I saw $0.80 mentioned as ICO price, I thought I had paid $1.00, but fine. I just wish I had deposited a year salary into it then
Anyone buying the coin around $4.50 will receive 25% return per year (based on dividend of around $0.30). Try and find that in financial products... If you reinvest all the dividend, and you should since people dump TAAS to current levels again right after dividend payout which is very nice of those people, you can grow your total amount of TAAS by 30% per year.

Must have missed that post also, kivo2004. But that is about it. 6% return every three months if price is around $4.50 and dividends are about the same. TAAS is cheaper right now, so potentially better returns.
Keep your TAAS off the exchanges if you want to receive dividend. It's not paid out to TAAS which is kept there.

And yes, such things are great for risk-averse people. I am too involved with my coins to be trading with them. If price drops, I panic, and if price jumps, I panic

The price of the TaaS token is driven by the free market alone and has no direct impact on how the TaaS team manage our funds. Keep in mind a good part of the earnings will be reinvested into the TaaS fund itself. You can't predict a 25% return per year or a 6%  return per quarter.

I wish it would be February soon.