TaaS Contributes 884 ETH to Proof Platform’s Upcoming TGE Meant to Transform Traditional Investments for the Digital Future TaaS Follow Aug 15, 2017 · 3 min read

Kyiv, Ukraine – August 14, 2017 – Token-as-a-Service (TaaS), the first tokenized closed-end fund allowing investors to capitalize on the rise of blockchain markets, announced today a strategic contribution to Proof, a platform created on blockchain technology to transform traditional investments.

Through this new innovative platform, real estate, businesses, interest-yielding business loans and even commodities can now become ownership tokens, available for anyone to buy. Proof provides seamless access to investment deals by using smart contracts on a decentralized platform.

Proof’s Token Generation Event (TGE) is scheduled for October 8, 2017. Proof token owners will be in a unique position to potentially realize exponential growth. TaaS has joined Proof’s TGE during the Pre-sale with a contribution of 884 ETH, which is equivalent to 260,000 USD(T).

“We are excited to be added to the portfolio of TaaS. Their enthusiasm for our vision is a testament to Proof’s long-term objectives. TaaS will lead the way, adopting Proof’s platform to facilitate trades,” said Mike De’Shazer, co-founder and CEO of Proof.

Last month, Forbes reported 20 new hedge funds launched over the past coupe to months, which are investing in diversified portfolios of crypto assets. Proof’s platform provides these users with the necessary tools to analyze, monitor and trade their digital assets.

“Proof will be a game-changer in traditional investing. We believe their new platform will be indispensable to investors worldwide,” said Ruslan Gavrilyuk, co-founder and President of TaaS.

This marks TaaS’ first TGE contribution since it completed its first fully-operational quarter, which ended on August 1, 2017. During the first fully-operational quarter TaaS contributed to 12 TGEs a total to 3 million USD(T). TaaS also generated earnings of 4,623,111.61 USD(T) which was the equivalent of a 61% ROI. This provided a payout of 0.28USD(T) to each TaaS token owned.