The month-long ICO ended on Apr. 27 and raised $7,569,373.61 stored in 3,536.674 BTC, 45,273.50 ETH, and 193,562.032 USDT, with investors receiving one TaaS token for every $1 USD. Investors of the first 1,000 BTC received a 25 per cent bonus. The current portfolio value is $15.4 million and tokens traded at $1.72 as of May 31.
“The independent audit ensures investors have full transparency into the ICO results including the total number of tokens issued and in circulation, the exact capital amount raised, the use of proceeds, and the proper token listing on crypto exchanges LiveCoin and Kuna,” TaaS president and cofounder Ruslan Gavrilyuk said.
Tony Zerucha is the managing editor of Bankless Times.
A two-time LendIt Journalist of the Year nominee, Tony has written more than 2,000 original articles on the blockchain, peer-to-peer lending, crowdfunding and emerging technologies over the past seven years, making him one of the senior writers in the alt-fi sector.
"The evolution of the crowdfunding and peer-to-peer lending scenes is absolutely fascinating to chronicle. It is a joy to be around people with such passion and vision."