From CEF to Matchmaking: New ICOs For Ethereum-Backed Projects

Take a look at some Ethereum-based projects that are going for the ICO soon.

9508 Total views
249 Total shares
From CEF to Matchmaking: New ICOs For Ethereum-Backed Projects

Take a look at some Ethereum-based projects that are going for the ICO soon.

TaaS

The first ever tokenized closed-end fund (CEF) will start its month-long Initial Coin Offering on March 27. Token-as-a-Service (TaaS) is dedicated to Blockchain assets utilizing the Ethereum Blockchain and its pioneering Cryptographic Audit technology.

Co-founder of TaaS, Konstantin Pysarenko, calls potential investors to tap into the exponential rise of the Blockchain technology and cryptocurrencies over the last 12 months, with little doubt as to its ability to disrupt and revolutionize major industries over the coming years. According to Pysarenko, the fund will provide full auditing transparency to investors.

He explains: “With so many barriers to entry, TaaS aims to reduce risks and technical barriers associated with investing in the Blockchain space and trading cryptocurrencies. Unlike traditional closed-end funds, TaaS will issue tokens built on a profit-sharing smart contract where token owners collect 50 percent of quarterly profits. To grow the fund’s capital pool without attracting additional investment, 25 percent of profits will be reinvested back into the fund. The premise is, as the Net Asset Value of a token increases over time, TaaS tokens will have its value explicitly tied to the performance of its parent project, thus introducing a Token-as-a-Service (TaaS) business model.”

Cryptographic Audit

Pysarenko adds that an in-house technology - a set of autonomous auditing techniques that track, record and timestamp trading activity - was built to solve the problem of transparency of investing in non-Ethereum tokens since smart contracts can only guarantee payout distribution.

TaaS tokens are intended to be traded on all major exchanges including Kraken, Poloniex and Bittrex.

Kepler

TaaS is also building Kepler, a Bloomberg-like cryptocurrency portfolio management and analytics platform that aims at covering the entire spectrum of the investment process, providing market research, due diligence and order management as well as risk exposure and performance forecasting.

SuperDAO

Also starting its crowdfunding at the end of March is SuperDAO, the tiered and reputation-based Ethereum decentralized autonomous organizations governance system for incentivized global collaborative management of disruptive DApp ventures.

It is a collection of various entities, individuals and autonomous agents cooperating virtually without any geographical limitations to achieve a common goal that would be enabled by open source, democratic software, built on Ethereum Blockchain.

Pokereum

One of its first DApps is Pokereum, the first decentralized poker project that uses an EVM based smart contract, decentralized Blockchain and real-time communication (RTC) peer to peer framework to solve the mental poker problem.

Matchpool and Edgeless

Among other Ethereum-related ICOs there is Matchpool, a platform for matchmakers that allows anyone to create their own community “pool” for free; and Decentralised Edgeless Casino with its Etherium-based online casino which offers zero edge for its players and full transparency.