What are AngelShares?AngelShares
are a way to direct resources currently wasted on mining equipment and electricity and direct them into helping the crypto-equity industry grow.
How many AngelShares will there be?
10,000 AGS * 200 days = 2,000,000
What can I do with AngelShares?
AngelShares will get you a stake in all DACs created and sponsored by Invictus and other teams who use their code.
When does the AngelShares auction start?
January 1 2014: All donations sent to the AGS addresses before the new year will be included in the first day.
Are AngelShares transferrable?
No, they are non-transferrable.
Can I donate from a multi-address PTS/BTC wallet?
Yes, we have to tools to import all keys from your PTS and BTS wallets.
What time zone is the AngelShares auction on?
What happens when I send a donation?
Donations are logged in the public block chain to be referenced every time a new DAC is released. AngelShares are for longterm investments.
Can I send donations from an exchange?
No, you have to have control over your private keys for the addresses you donate from.
Will AGS be sent to me?
No. Shares are abstract in nature and not something transferrable. They will result in your Private Keys being given balances in BTS when launched. Every time we spend from the address we will document the purpose of the transfer. We are working on that system now, until then we are not touching the funds.
How many confirmations does each transaction need to have before the day's deadline?
The timestamp in the block is all that matters.
How can I track the donations to the pools each day until launch?
PTS pool https://coinplorer.com/PTS/Addresses/PaNGELmZgzRQCKeEKM6ifgTqNkC4ceiAWw
BTC pool https://coinplorer.com/BTC/Addresses/1ANGELwQwWxMmbdaSWhWLqBEtPTkWb8uDc
What happens if only one person sends a donation?
If one person sent 1 donation, either AGS or BTC, and they were the only person to make a donation, they would receive the 5000 AGS for that day.
What happens if no one donates?
I don't know. It will probably never happen.
Who profits from AngelShares?
Everyone! 100% of the proceeds go to growing the crypto-equity industry. Zero percent will be retained as profits by Invictus. Funds will be used to encourage new developers with salaries, grants, contracts, and bounties to build everything from small components to entire new DACs. They will be used provide a free high-quality Developer's Toolkit giving DAC developers a huge head start. They will be used for advertisements, conferences, promotions and give-aways to stimulate interest in the new industry and to provide opportunities for everyone to contribute. They will be used for legal advocacy for the ecosystem in many jurisdictions. Anything that we believe will grow the value of ProtoShares and all DACs that honor the contributions of ProtoShares and AngelShares holders.
What if I have a lot of cash or BTC to invest?