TaaS contributes to vertical take off model – Financial News

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As VIMANA Global´s Token Generating Event is powering through the private pre-sale stage, TaaS fund has finalized its largest-ever contribution towards a portfolio project, solidifying its financial, technical and corporate ties with VIMANA, the company said.

The funds contributed by TaaS (Token-as-a-Service), a Singapore-based first-ever tokenized closed-end fund dedicated to blockchain assets, will go towards enabling VIMANA Global to roll out its Vertical Take Off And Landing Autonomous Aerial Vehicle Smart City Urban Air Mobility-centric program aimed at putting Smart Cities in charge of their Blockchain Airspace.

TaaS is an active blockchain ecosystem contributor. TaaS´ innovative fund management approach encompasses active trading of cryptoassets and contributing to the most promising blockchain projects. TaaS puts hundreds of projects through a thorough financial, technical and legal due diligence, selecting just a few for its portfolio. The most notable partnerships concluded by TaaS include contributions to Bancor, TenX, ICON and Singularity.

VIMANA Global´s turnkey solutions fuse aerospace design with blockchain technology. A team of aerospace engineers led by VIMANA Global CEO Evgeny Borisov has developed VTOL AAVs that lay foundation to a facilities-based blockchain-in-the-sky network. VIMANA is destined to become the backbone of Smart City Blockchain Airspace network that would host other AAVs, UAVs and airspace-specific blockchain applications.

Token-as-a-Service (TaaS) is the next generation tokenized closed-end fund actively contributing to the development of the blockchain ecosystem. Utilizing Ethereum blockchain and its Cryptographic Audit technology, TaaS offers a brand new comprehensive approach to capital raising, fund management, and auditing with full transparency for its token holders.

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