About the project1

TaaS is a tokenized closed-end fund designed to reduce the risks and technical barriers of investing in the blockchain space. Built on a profit-sharing smart contract, TaaS introduces an innovative Token-as-a-Service business model, allowing investors to subscribe to the fund’s income stream. TaaS built an innovative Cryptographic Audit technology to become the first, truly transparent fund dedicated to cryptocurrencies and tokens.

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.

Read more

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.

Cryptographic Audit

Cryptographic Audit (CA) is a set of complex monitoring tools that allows any member of the public to easily validate trading history and portfolio balances. CA 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.

Here is how we’re going to achieve our transparency goals:

  1. Proof of Reserves

    We will give preference to using exchanges that have Proof of Solvency (PoS) implemented; cold storage reserves can be audited, as in Poloniex and Kraken.

  2. Auditable Exchange Accounts

    For each account that is going to be used for trading on the exchanges, we will create a view-only API key that will allow anyone to verify the balance and trade history of the account. We believe that this does not increase the security risk as it is already known that exchanges are managing large volumes of cryptocurrency and we have an account with every major exchange. TaaS will be hosting an audit page with a full list of API keys and aggregate account information, automatically pulled from the exchanges by our service. It will look similar to Tether implementation.

  3. Proof of Reserves for Non-Exchange Accounts

    For all non-exchange accounts, such as cold storage addresses, that will be used for storage of our funds we will provide a proof of ownership: a transaction with a special marker in OP_RETURN (or similar feature, depending on a the blockchain protocol) will be sent from each account in order to verify that the account in question belongs to TaaS.

  4. Proof of Reserves for Fiat Accounts

    We will use TLSNotary or a similar solution to provide cryptographic proof of fiat currency reserves in our bank and exchange accounts. In short, this can be achieved by recording SSL signatures of online banking sessions.

  5. Regular Blockchain Snapshots

    To have proof that nobody mismanaged data between audits, a special smart contract will be developed to hold permanent daily snapshots of audit data. The contract will be supplied with a convenient contract explorer.

Taas innovations

  • First truly transparent CEF dedicated to blockchain
  • Token-as-a-Service business model
  • Cryptographic Audit

Roadmap2

  • October 2016Concept development
  • December 2016White paper publication
  • March 2017Initial coin offering
  • July 2017 Q1 payout
  • December 2017 Kepler beta release

Ico details3

TOKEN NAME:

ICO Duration: March 27th 2017 - April 27th 2017

TaaS

WHAT DOES THIS TOKEN REPRESENT?

PAYOUT STRUCTURE

TOTAL SUPPLY:

101,000,000 tokens

PRICE PER TOKEN:

US$1

ADJUSTABLE:

Ico structure4

TAAS
TOKEN DISTRIBUTION

Individual investors & contributors100 %

ICO
FUNDS DISTRIBUTION

Portfolio75 %Operations15 %Reserve Fund10 %

Bonuses

Grid is constructed with regards to amount raised

  • 30.0 %
  • 22.5 %
  • 15.0 %
  • 7.5 %
  • 0 %
  • 25.0 %1,000 BTC
  • 22.5 %2,000 BTC
  • 20.0 %3,000 BTC
  • 17.5 %4,000 BTC
  • 15.0 %5,000 BTC
  • 12.5 %6,000 BTC
  • 10.0 %7,000 BTC
  • 7.5 %8,000 BTC
  • 5.0 %9,000 BTC
  • 0 %9,000+ BTC

Executive team5

We believe it takes an inspired team to build something big, so we make sure every single member of our staff loves blockchain technology as much as we do. Ever since TaaS was founded, we have been humbled to have truly outstanding software engineers, data analysts and money managers join the team. We are united by our mission to build innovative products in one of the world’s most exciting industries.

our team

Ruslan Gavrilyuk

Co-Founder, President

More

our team

Ruslan Gavrilyuk

Co-Founder, President

Ruslan Gavrilyuk is a co-founder of Token-as-a-Service (TaaS), a last generation closed end fund that allows its investors to capitalize on the rise of blockchain markets. Gavrilyuk has more than 14 years’ experience in founding and managing projects in geoscience, mobile money solutions, oil and gas operations, precious minerals mining, sports and fashion. Realizing the urgent need for accessibility, security, transparency and mutually-beneficial decentralized cryptoactivity in finance, Gavrilyuk turned his focus to crypto- and blockchain financial projects. Gavrilyuk’s global experience spans East and West Africa, the Middle East, Europe, and America

our team

Konstantin Pysarenko

Co-Founder, Vice-President

More

our team

Konstantin Pysarenko

Co-Founder, Vice-President

Konstanin Pysarenko is a serial entrepreneur with more than four years of experience in the cryptocurrency space. Pysarenko is a co-founder of Token-as-a-Service (TaaS), a last generation closed end fund that allows its investors to capitalize on the rise of blockchain markets. Prior to starting TaaS, Pysarenko founded several startups around the world in food manufacturing, geological oil and gas surveying, and international aviation sales. Pysarenko holds Bachelor of Arts in Entrepreneurship from the University of Buckingham.

our team

Dimitri Chupryna

Co-founder, Technology & Analytics

More

our team

Dimitri Chupryna

Co-founder, Technology & Analytics

Dimitri Chupryna is a co-founder of Token-as-a-Service (TaaS), a last generation closed end fund that allows its investors to capitalize on the rise of blockchain markets. Chupryna brings experience in project management, data analytics and risk management to the board of TaaS. Prior to founding TaaS, Chupryna, and was involved in the development of numerous startups in Silicon Valley. Chupryna holds a Bachelor of Arts in Economics from the University of San Francisco.

our team

Maksym Muratov

Co-founder, Technology & Trading

More

our team

Maksym Muratov

Co-founder, Technology & Trading

Maksym Muratov has over three years’ experience in cryptocurrencies, specializing in trading. Muratov is a co-founder of Token-as-a-Service (TaaS), a last generation closed end fund that allows its investors to capitalize on the rise of blockchain markets. Prior to launching TaaS, Muratov managed private assets in Argentina. Muratov holds a Film Studies degree from Kyiv National University of Culture and Arts.

our team

Andriy Dubetsky

Managing Director

More

our team

Andriy Dubetsky

Managing Director

Andriy is a high-integrity energetic leader with proven success in large, global corporations. A founding member of Bitcoin Foundation Ukraine, he has extensive experience in strategic planning, executing short and long term business plans ensuring successful company growth. As an Executive Director of Warsaw Stock Exchange RepOffice in Ukraine, he managed to generate the majority of IPOs from Ukraine. He is well versed at creating a cohesive work environment.

our team

Matviy Zakharuk

Jr Data Analyst

More

our team

Matviy Zakharuk

Jr Data Analyst

is a developer-turned-data-scientist fascinated by the newest developments in big data and machine learning. Novel and revolutionary solutions always draw him in, so to work with cryptocurrencies was a natural choice. When he is not hunched over a computer, he can be found dancing and doing aerial acrobatics.

our team

Olga Tertyshna

Marketing

More

our team

Olga Tertyshna

Marketing

is a marketing and advertising specialist. She used to live in different parts of the world, learned hundreds of brand success stories and did her best to understand people. For more than 10 years she’s been answering TA’s WHY and WHAT FOR questions. She does it to improve today and to build the future. In love with cryptocurrencies and blockchain, she is fascinated to be a part of this team because of a great challenge of managing complex marketing strategies.

ADVISORS AND PARTNERS