TaaS — Tokenized Closed-End Fund

[Anarchy101]

Is this project still alive? Or it's scam now?

The project is alive (I think) but they have stopped paying us dividends from the last 3 quarters because they lost a lot of money.

[Hullo]

They have invested huge amount of money (Bitcoin) in highly potential and rapidly being built exchange which will cover multiple tasks and offer huge variety of products. I am referring to Switchdex which also raised funds from public and private investors. That has been rebranded from ethershift to this new name and looks good with huge upside growth chances.

[hrbt]

Is this project still alive? Or it's scam now?

The project is alive (I think) but they have stopped paying us dividends from the last 3 quarters because they lost a lot of money.

doesn't look good if they are delisted from hitbtc they are gone

no updates from team

it's time to dump taas and get 20% back from ico time

better then nothing

so long guys

[Anarchy101]

Is this project still alive? Or it's scam now?

The project is alive (I think) but they have stopped paying us dividends from the last 3 quarters because they lost a lot of money.

doesn't look good if they are delisted from hitbtc they are gone

no updates from team

it's time to dump taas and get 20% back from ico time

better then nothing

so long guys

Yes, there's no point of keep holding TAAS right now because the price/volume and liquidity all went to drain plus what's the reason to support them if they stopped paying us dividends.

[futureofeth]

Is this project still alive? Or it's scam now?

The project is alive (I think) but they have stopped paying us dividends from the last 3 quarters because they lost a lot of money.

doesn't look good if they are delisted from hitbtc they are gone

no updates from team

it's time to dump taas and get 20% back from ico time

better then nothing

so long guys

Yes, there's no point of keep holding TAAS right now because the price/volume and liquidity all went to drain plus what's the reason to support them if they stopped paying us dividends.

Yes, already they stopped paying dividends to us from many days, due to the value of TaaS coin went very low in the market and the investment made by them also went low which makes them hold the coins. The only possible thing is until the market starts recovering it is impossible for them to pay the dividends. Before paying dividends the price of TaaS coin should be more than 1$, otherwise, it is impossible for them to pay dividends.

[mr.relax]

Again: The price of the token at exchanges has nothing to do with the profit of the closed fund.
Maybe you dont understand the nature of taas...

[Anarchy101]

Again: The price of the token at exchanges has nothing to do with the profit of the closed fund.
Maybe you dont understand the nature of taas...

I understand the nature of TAAS but what I don't understand is why they are still not releasing the quarterly report shouldn't they have released it by now?

[quality.crypto]

Again: The price of the token at exchanges has nothing to do with the profit of the closed fund.
Maybe you dont understand the nature of taas...

I understand the nature of TAAS but what I don't understand is why they are still not releasing the quarterly report shouldn't they have released it by now?

Yes, even we are not getting any updates from them, even though telegram is a little bit active with support people but why they kept silent for not giving proper updates to the community. Accurate updates will always help the community to keep on the project.

[scolary23]

Again: The price of the token at exchanges has nothing to do with the profit of the closed fund.
Maybe you dont understand the nature of taas...

I understand the nature of TAAS but what I don't understand is why they are still not releasing the quarterly report shouldn't they have released it by now?

I think mr.relax wrote this for futureofeth, which, indeed, is not aware of the nature of the TaaS.
I think the quarterly report will be. And I also wonder what they will write there.

[oljo]

with all the negative scammy posts that yelll   sell sell,    im  forced now to buy more.... this makes me now bullish.... 8 million tokens..... duhm not to bagg up when fuddy muppets type

[Anarchy101]

with all the negative scammy posts that yelll   sell sell,    im  forced now to buy more.... this makes me now bullish.... 8 million tokens..... duhm not to bagg up when fuddy muppets type

Yea if the team would have been little more active in social media I would have kept buying TAAS myself. But 3-4 months without any update is a cause of worry don't you think?

[miningguru]

Again: The price of the token at exchanges has nothing to do with the profit of the closed fund.
Maybe you dont understand the nature of taas...

We understand the nature of the TaaS coin but the problem now the price of coin decrease a lot in the market which it is impossible for them to share the dividends because when the price of TaaS coin is healthy they will share the dividends otherwise, we will not get any dividends from them.

[CORNEL]

Again: The price of the token at exchanges has nothing to do with the profit of the closed fund.
Maybe you dont understand the nature of taas...

We understand the nature of the TaaS coin but the problem now the price of coin decrease a lot in the market which it is impossible for them to share the dividends because when the price of TaaS coin is healthy they will share the dividends otherwise, we will not get any dividends from them.

Agreed with you this business model is based on investment profit and in current situation it is not possible for them to pay any kind of dividends when they are not generating profit from their investment. When the whole market will be back on the track and start moving like early 2018 than it will show good performance.

[mr.relax]

If the team would only communicate and tell about their strategy the price of the token would be much higher,
as they claim to hold more in coins than the marketcap of the taas-token represents.
So I ask myself, why are they not doing more, at least keep theis website actualised.

[Dimosscolorist]

Again: The price of the token at exchanges has nothing to do with the profit of the closed fund.
Maybe you dont understand the nature of taas...

We understand the nature of the TaaS coin but the problem now the price of coin decrease a lot in the market which it is impossible for them to share the dividends because when the price of TaaS coin is healthy they will share the dividends otherwise, we will not get any dividends from them.

Agreed with you this business model is based on investment profit and in current situation it is not possible for them to pay any kind of dividends when they are not generating profit from their investment. When the whole market will be back on the track and start moving like early 2018 than it will show good performance.

Now the market looks like a butterfly cocoon, waiting for spring. In such conditions, the project has no profit, which they could share among holders. And for this I agree with you that we should wait for the growth of the market, and then, dividends.

[Anarchy101]

If the team would only communicate and tell about their strategy the price of the token would be much higher,
as they claim to hold more in coins than the marketcap of the taas-token represents.
So I ask myself, why are they not doing more, at least keep theis website actualised.

Not responding to the community for this long is making me worried that they are preparing to pull off an exit scam.

[Ale88]

If the team would only communicate and tell about their strategy the price of the token would be much higher,
as they claim to hold more in coins than the marketcap of the taas-token represents.
So I ask myself, why are they not doing more, at least keep theis website actualised.

Not responding to the community for this long is making me worried that they are preparing to pull off an exit scam.

I agree, I always trusted those guys but now the situation is getting worrying.

[btcyoda]

Again: The price of the token at exchanges has nothing to do with the profit of the closed fund.
Maybe you dont understand the nature of taas...

We understand the nature of the TaaS coin but the problem now the price of coin decrease a lot in the market which it is impossible for them to share the dividends because when the price of TaaS coin is healthy they will share the dividends otherwise, we will not get any dividends from them.

Agreed with you this business model is based on investment profit and in current situation it is not possible for them to pay any kind of dividends when they are not generating profit from their investment. When the whole market will be back on the track and start moving like early 2018 than it will show good performance.

I do agree, we have seen the situation of the TaaS coin in the market and it is impossible to increase at the current situation, so we don't have any choice because the market should recover and the price of TaaS coin should recover otherwise, we won't get any dividends from the team.

[scolary23]

Again: The price of the token at exchanges has nothing to do with the profit of the closed fund.
Maybe you dont understand the nature of taas...

We understand the nature of the TaaS coin but the problem now the price of coin decrease a lot in the market which it is impossible for them to share the dividends because when the price of TaaS coin is healthy they will share the dividends otherwise, we will not get any dividends from them.

Agreed with you this business model is based on investment profit and in current situation it is not possible for them to pay any kind of dividends when they are not generating profit from their investment. When the whole market will be back on the track and start moving like early 2018 than it will show good performance.

I do agree, we have seen the situation of the TaaS coin in the market and it is impossible to increase at the current situation, so we don't have any choice because the market should recover and the price of TaaS coin should recover otherwise, we won't get any dividends from the team.

Again the same thing.
But the price, TaaS, is not necessary to recovering. The main thing is that their funds/assets, could be profitable. Recovery of price for TaaS is a secondary phenomenon here.

[Anarchy101]

Is there any way through which we can find out the price of tokens when they bought them? I am especially interested in knowing whether they bought BTT during ICO or in the market.