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Web3 Graveyard
DiscontinuedTokenized investment fundEthereum2017–2019

TaaS

Token holders were promised quarterly profit distributions

A closed-end cryptocurrency investment fund whose TaaS tokens represented participation.

Capital raised (announced)
Reported figures differ

Funding

RoundDateAnnouncedInvestors
Initial coin offering28 April 2017Not disclosed

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

People

NameRolePeriodNowLast checked
Ruslan Gavrilyuk—Founder and CEO, TeqAtlasOct 2026

How it ended

Chain Bulletin reported that TaaS announced liquidation and distribution of its remaining assets. PCMag’s later reference entry records that the fund shut down in 2019.

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Sources

4 sources behind this page.

  1. 1Token-as-a-Service fund shuts down · Chain Bulletin · Apr 2019
  2. 2TaaS ICO concludes with $7.7 million raised · CryptoNinjas · Apr 2017
  3. 3TaaS definition · PCMag
  4. 4Tracxn: professional biography · Tracxn · user-editable

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.

TaaS · Web3 Graveyard