TaaS is a tokenized closed-end fund designed to reduce risks and technical barriers of investing in blockchain space. Built on a profit-sharing smart contract, TaaS introduces Token-as-a-Service business model, allowing investors to subscribe to fund’s income stream. TaaS built an innovative Cryptographic Audit technology to become transparent fund dedicated to cryptocurrencies and tokens.
The NEXO Token is an asset-backed token and is backed by the underlying assets of Nexo’s loan portfolio. NEXO Tokens Holders will get 30% of the company’s profits. NEXO Tokens offer additional utility features such as discounted interest rates on the Nexo Instant Crypto-backed Loans and are also accepted as collateral on the Nexo Platform. Check out CoinBureau for the full review of Nexo Coin.