Token as a Service (TaaS) has made some additions to its board.
Mike Costache is the cofounder and managing partner for strategic crowdfunding advisory and investment firm KrowdMentor. He is a past member of Tech Coast Angels and was president of Leo & Leo, a management and franchise representation service with clients including Maserati and Miss Universe.
Marshall Swatt is the founder of and major investor in ATS, a producer of algorithmic trading systems focusing on alternative financial instruments like cryptocurrencies. He was CTO of Coinsetter and Cavirtex.
Arnold A. Spencer is general counsel at Coinsource and managing director of corporate criminal defense firm Spencer & Associates. He will save as TaaS’ strategic U.S. legal advisor.
TaaS is a tokenized closed-end fund dedicated to blockchain assets. It uses the Ethereum blockchain and its Cryptographic Audit technology.
TaaS launches its ICO Mar. 27. It is offering a 25 per cent bonus for the first 1,000 BTC raised. The bonus progressively decreases up to 9,000 BTC. TaaS will reserve two per cent of collected funds for bounty uses.
TaaS has hired legal services platform Otonomos to assist with its Singapore operations and will use Cubits as its bitcoin transaction gateway outside of the United States.