TaaS Contributes to VIMANA Global’s TGE Vertical Take Off

VIMANA Global’s Token Generating Event is having a successful private pre-sale. 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’ innovative fund management approach encompasses active trading of crypto assets and contributing to blockchain projects. TaaS only selects a few to invest in, including Bancor TenX, ICON and Singularity.

“As more category-creating partners like TaaS join our TGE, Blockchain Airspace is becoming a reality,” Evgeny Borisov, VIMANA Global CEO and co-founder. “It is extremely gratifying to find partners that share our vision of elevating blockchain to do everything from air traffic control to urban development.”

VIMANA Global is a facilities-based network operator of a blockchain network lifted into the air by VIMANA fleet of Vertical Take Off and Landing Autonomous Aerial Vehicles (VTOL AAVs) and other vessels interoperable with VIMANA’s network. VIMANA uses blockchain technology to both operate aircraft and enable blockchain applications in the air.

During the first three fully-operational quarters, TaaS participated in 28 TGEs with 9.2 million USD(T) equivalent of contributions.

TaaS contributed to VIMANA Global the amount of 2071 ETH, equivalent to 2 million USD(T).

“VIMANA Global’s patent-pending vertical to horizontal flight transition technology will finally make VTOLs mainstream, thus reshaping contemporary airspace industry,” said Ruslan Gavriluyk, President and co-founder of TaaS.

Funded by serial angel investors from aerospace and blockchain industries, VIMANA is on prototype 2.0 with its four-seater VTOL AAV model, this will support the first Smart City Blockchain Airspace network to host other AAVs, UAVs and airspace-specific blockchain applications.

About VIMANA Global

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.

About TaaS

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. TaaS was co-founded by blockchain pioneers Konstantin Pysarenko, Ruslan Gavrilyuk, Dmytro Chupryna, and Maksym Muratov, and employs professional managers hailing from the U.S., Ukraine, Poland, Romania, South Africa and China. TaaS token (TAAS) is currently traded on Livecoin, Orderbook, EtherDelta, HitBTC, Liqui, CoinExchange and Bancor Protocol.

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