TaaS Contributes 350 ETH to DreamTeam to Take Esports To The Next Level

TaaS
TaaS
Published in
3 min readDec 9, 2017

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Kyiv, Ukraine – December 8, 2017 – Token-as-a-Service (TaaS), the first-ever tokenized closed-end fund dedicated to blockchain assets, announced its contribution of 350 ETH to DreamTeam, the first global blockchain-based platform that provides an all-in-one solution to build, grow, manage, and monetize Esports teams.

DreamTeam takes blockchain-powered tournaments one step further by creating a recruitment and management platform for amateur, novice, and pro teams. With the unlocking of blockchain and smart-contracts technologies, DreamTeam has the unique opportunity to create a one-of-a-kind platform and payment gateway for players, teams, tournaments, and sponsors. Beta-version of the platform was launched less than a month ago and has already reached over 50,000 users (20% US based), with average rate of growth of 60% per week. DreamTeam aims to reach 150,000 registered users in December and become the fastest-growing esports platform ever built.

The platform is co-founded by Alexander Kokhanovskyy, who has 17 years Esports industry experience, and the founder of Na`Vi (Natus Vincere), one of the most popular and successful Esports teams in the world.

“We have been watching a great demand for DreamTeam Tokens from the very beginning of the Presale. And we are happy to see TaaS among our early investors. There are no doubts that our platform will skyrocket the growth of Esports and it will build a multi-billion dollar economy around the DreamTeam Token, “ emphasised Alexander Kokhanovskyy.

The 1st Phase of the DreamTeam Presale has started on December 7th, 2017 and will continue until December 10th, with a bonus of 15% and 2000 Tokens for 1 ETH. It is during this phase that TaaS made its contribution of 350 ETH. The main Token Sale will be held in two phases: the first from December (11th through the 14th), and the second one in February 2018 with exchange rate 1600 Tokens for 1 ETH. The overall cap of the DreamTeam Token sale amounts to $45 Million.

Ruslan Gavrilyuk, TaaS co-founder and President, said, “DreamTeam is a great step forward for Esports. Their team consists of the most experienced people in the industry, and the launch of the Beta version was more than successful. This is the kind of hard work we want to see before a token sale to consider if it is a worthy contribution, and DreamTeam has raised it to a new level.”

This marks TaaS’ third Token Generation Event (TGE) contribution since TaaS completed its second fully-operational quarter. Previously in the third quarter, TaaS contributed 350 ETH to DMarket, the first cross-game platform on the blockchain, and provided 210 ETH to SmartOne, a project aimed at bringing the disruptive capabilities of a blockchain-based enterprise to the legal sector. TaaS also made contributions to OSA Hybrid Platform, Neuromation, and Hacken, the top three winners of the ICO Pitch Competition, the leading conference on decentralisation, organized in Davos, Switzerland by d10e.

During the second quarter, which ended on November 1st, TaaS contributed a total of 1 million USD(T) equivalent to 6 TGEs. TaaS also generated capital gains of 5.5 USD(T) equivalent, producing a 72% ROA over this time. This provided a payout of 0.33USD(T) equivalent to each TaaS token holder. During the first quarter, TaaS contributed a total of 3 Million USD(T) equivalent to 11 TGEs, generating a 61%ROA.

The TaaS Token is currently trading on Livecoin, Orderbook, EtherDelta, HitBTC, Liqui and CoinExchange at the price of 4.6 USD(T) equivalent per 1 TAAS.

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TaaS
TaaS
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Token-as-a-Service (TaaS) is the first-ever tokenized closed-end fund dedicated to blockchain assets.