Key features of business
TaaS introduces an innovative business model that allows investors to capitalize on the rise of blockchain markets without dealing with the hurdles, risks and technical barriers associated with owning, transferring and trading cryptocurrencies and tokens. Open for investment exclusively during the Initial Coin Offering, TaaS is a last generation closed-end fund (CEF) that utilizes the Ethereum blockchain and Cryptographic Audit technology to offer full transparency to its investors. Unlike traditional closed-end funds that issue a fixed number of shares which are not redeemable from the fund, TaaS issues tokens built on a profit-sharing smart contract.
The smart contract allows token owners to collect 50% of quarterly profits. To grow the capital pool without attracting additional investment, 25% of profits will be reinvested back into the fund. This allows the Net Asset Value (NAV) of a token to increase over time, making TaaS the first blockchain token to have its value explicitly tied to the performance of a parent project. In its essence, by effectively eliminating entry barriers and allowing investors to safely subscribe to the fund’s income flow, TaaS introduces a Token-as-a-Service (TaaS) business model.
While smart contracts can safely guarantee honest payout distribution, they don’t provide transparency when investing in non-Ethereum tokens. We built an in-house Cryptographic Audit (CA) technology to provide this transparency. CA is a set of monitoring tools that lets any member of the public, regardless of TaaS token ownership, to easily validate trading history and portfolio balances. Among other solutions, it includes Regular Blockchain Snapshots, Proof of Reserves and view-only API keys. Cryptographic Audit is built to set high security standards for money flow in blockchain projects. We see it as a significant milestone for future ICOs on their way of mainstream adoption.
Our mission is to deliver long-lasting innovations to blockchain community, hence in additionally to running the fund, we are building Kepler, the first Bloomberg-like cryptocurrency portfolio management and analytics platform. Kepler will covering the entire spectrum of the investment process, from market research, due diligence and order management all the way to risk exposure and performance forecasting. Development expenses will be covered entirely by TaaS’ profits. Kepler MVP is already in the making, with private beta release scheduled for Q3 2017.