TaaS Token Crowdsale Concludes with $7.7 Million Raised

TaaS, the world’s first-ever closed-end fund dedicated entirely to blockchain assets, has revealed the conclusion of its Initial Coin Offering on April 27, 2017.

The complete tally on its fairly successful raise was $7.7 million, with 3761 investors from all over the world. TaaS has reserved 2 percent of the collected funds for bounty programs. In addition, the token, TaaS, will be offered on exchanges Livecoin and Kuna as of today.

President and Co-Founder of TaaS Ruslan Gavrilyuk said: “TaaS is extremely pleased with the successful crowdsale result, which garnered a high degree of public interest well before the ICO opened. The investment rate reflects the strong market demand for a platform that reduces the barriers to entry for investing in cryptocurrencies, a niche that TaaS has now filled.

“TaaS would like to thank the community for the enormous show of support it received and reaffirm its commitment obtaining the highest yields possible for its investors. As the token is integrated with exchanges Kuna and Livecoin today, with further exchanges becoming available soon, investors can benefit from easy, fully transparent and convenient access to the vast cryptocurrency market,” he added.

Various currencies were accepted during the ICO, such as Bitcoin, Ethereum, and Tether directly on the platform. In total, 3,424 BTC, 45,180 ETH, 192,562 USDT and $43,368 USD were invested throughout the ICO.

Different currencies were accepted during the ICO: digital currencies Bitcoin, Ethereum, and Tether directly on the platform, as well as U.S. Dollars through exchanges. In total, 3,424 BTC, 45,180 ETH, 192,562 USDT and $43,368 USD were invested in the platform during the ICO.

Ruslan Gavrilyuk said: “TaaS is proud to launch the token into the market and offer investors a new way to participate and benefit from the growing blockchain space. We trust the high degree of transparency and user-friendly experience provided by the Cryptographic Audit feature will set a new standard for future ICOs.”