Token-as-a-Service (TaaS) Releases Membership Wind-Down Announcement for Token Owners
The Token as a service, also referred to as the Taas has gone ahead to fulfill their objective. This is the objective of making smart contributions and being able to provide the initial 3,942 members and the token holders good returns on the contributions they have made.
The company had gone ahead to make the decision that the current membership token be distributed and the remaining assets are distributed to the token holder. A move that has been considered to be a natural step, as the markets have evolved ever since the initials launch of the company.
The Company Has Been Able To Grow In The Market Gradually
The company has been in operation for two years, and it has been able to evolve over time, this is from just having the original four founders and the three advisors within the company to now having a team of more than 40 professionals running the company.
Professionals who are from different countries, this is the likes of the USA, Poland, South Africa, China Ukraine, and even Romania.
The team that is backing this growing company has been able to play a significant role when it comes to the development of the ecosystem.
This was achieved through several activities that they were responsible for from conducting the much needed due diligence and being able to screen of more than 1500 projects, developed several tools that have been made accessible to all their members to even being able to trade with more than 300 crypto coins on a daily basis.
Taas Has The Vision To Take The Market Places
From its inception, the company has been aspiring to provide the best standards when it comes to transparency levels within the blockchain space. Just before the company was able to start with trades in the market, the ICO results they got initially got verified by the Grant Thornton firm.
And from here the company has been ensuring they have kept the public well informed with their every move, they have even gone a step ahead to ensure that they publish detailed reports this is both quarterly and annually to ensure they heave everyone well informed. But this is not all they have been able to produce about 70 press releases in just 26 months, a clear indication that their transparency levels are no joke.
“I am proud of our team for continuously over performing the blockchain market benchmarks and generating alfa. We love this constantly evolving industry and will stay dedicated to blockchain and cryptocurrency. I would also like to express my gratitude to 15,000+ community members for placing their trust in us”, said Ruslan Gavrilyuk, co-founder and President of TaaS.
Taas Is Slowly Making An Economic Impact In The Market
The total assets of the company were about 10.72 million USDT, and the total supply of the Taas tokens was approximately 8,146,000.78 at the time of writing.
The tokens of the company were initially created to ensure they benefit from the operations that would take place on the smart contracts that have been based in the Ethereum. Benefits, like offering the token owners more than 50% of the quarterly gains and from this about 25%, will get retained, this is just to ensure that the company is continually increasing the capital pool.
The rest of the 25% has been allocated to the management to ensure they slowly grow the operations and properly remunerate the team, to ensure there is continuous growth taking place in the company.