Future DACs should honor PTS for helping bootstrap this community and fund development of the toolkit... but should we continue to dilute PTS holders just to fund mining?
Based upon designs for future DACs that we have, there is no need to have PTS be liquid.
What if we simply shut down PTS after one last snapshot for all eternity for any and all future DACs after which it becomes an empty token with the value of all the other alt coins?
I think it would be much cleaner to simply end PTS... have DACS launch their own proto-dac like Toast did or even BTSX did.
Why do this? It simplifies our marketing message... no need to advertize/support PTS after the last snapshot.
Those who want liquidity could sell prior to the last snapshot and buy into individual proto-dacs when the time comes.
This will also create one genesis block initial balance template for all DACs and remove the need to support the genesis block generators for arbitrary dates.
We are coming up on November 5th, 1 year from the launch of PTS so I would like to propose that November 5th be the last snap shot day for all time after which we would dump all of our PTS on the market to who ever wants to speculate. I suspect that the price fall on PTS after this date would stop mining in its tracks anyway..
Mining is costing our community over $5000 per day right now and over $1 million over the next year.... assuming block times will "average" 5 minutes. We should certainly end mining prior to the next difficulty adjustment... because with what we are paying for mining on PTS we could hire many developers.
Just a proposal...