Token-as-a-Service Distribution Status Update

TaaS
TaaS
Published in
2 min readMay 21, 2019

SERVICE TERMINATION ROADMAP

Since May 1, 2019 Authorized Users are able to claim TaaS Assets, and receive a distribution per the result of the final TaaS Quarter (February 1 — April 30, 2019).

A visual roadmap of the Service Termination process is provided below.

Any issues regarding the Authorization procedure or the Service Termination process should be forwarded to taas@taas.fund.

Please make sure you carefully read and comprehend the following instructions, policies and terms (accessible after registration/login).before using the Service or claiming any distributions:

  • TaaS User Agreement;
  • Privacy Policy;
  • Compliance Policy;
  • Authorization FAQ;
  • Winding-up Procedure FAQ;
  • Redemption Agreement;
  • Do’s and Don’ts.

TAAS WALLET

As previously mentioned on numerous occasions, TaaS WebWallet (wallet.taas.fund) service and support will be discontinued after 23:59 UTC on December 31, 2019.

In order to avoid unnecessary delays, it is recommended to withdraw funds from the wallet at earliest convenience, by transferring the balances to an eligible ERC‑20 wallet of your choosing, including:

  • web wallets (e.g. MyEtherWallet, MyCrypto and integrated storages);
  • desktop wallets (Mist, Parity etc.);
  • hardware wallets (e.g. Trezor and Ledger).

Please, do not send your ETH or tokens to any exchange/platform accounts or smart contract addresses, as such actions might lead to delays or even permanent loss of funds.

Should you require further assistance regarding any issues related to withdrawal of your funds, please contact support@taas.fund.

SECURITY

Storage

In order to ensure the safety of the underlying assets, TaaS utilizes secure wallets including multi-signature hardware storages, as well as in-house and trusted third-party software solutions.

Redemption

Redemption smart contract was activated on May 1, 2019, at 11AM UTC, and started accepting claims for redemption proceeds from Authorized Users in the form of TAAS token transfers to the smart contract, 0xa6b5e8DF6553969dE6006EDB3A87Ff5226f4a115 (please, double check the address:

).

The smart contract interacts only with the whitelisted wallets of the Authorized Users for redemption purposes pro rata to their submissions of TAAS tokens.

ANNEX 1

TAAS ASSETS LIQUIDATION STATUS

Revision Date: May 21, 2019

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TaaS
TaaS
Editor for

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