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RE: TaaS First-Quarter Payout Received

in #cryptocurrency7 years ago

Yeah, I think if next quarter is successful again, the token could be real valuable. As of now, the price support is pretty good at more than 2x the initial price even after dividends for the quarter has been paid out. Some don't agree that the team takes 25% of quarterly profits though. I'd agree it's quite high, but if they're making good use of it to improve the blockchain space, why not :)

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The 25% for themselves: well, they need to be able to pay their bills. If this should be 25% or something else, that is indeed the question. In the end I think this amount shall be flexible, meaning, when the fund value becomes (super) large, the percentage may come down. I suppose, whatever they do with the 25% they take themselves, they also justify for, what they do with it. I like models that includes continuous revenue for those who create, develop and market since when only relying on the coin value itself (assuming the creators kept coins themselves), it may be more a pump thing driven by the whales (and creators). No business can survive without continuous revenue, therefore they have chosen a good model IMHO.

They do all the work. It's fair and was transparent from ICO. I would be more concerned if they only wanted 10%. I would ask myself why would they go through the trouble and risk. Right now Taas is on track to provide another nice dividend. People think of Taas like another crypto but that is wrong. Where it's closed fund it really shouldn't have the volatility of other coins which in most cases have value based on speculation. Of course this is all my opinion haha

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