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Offline bitmeat

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« on: February 19, 2014, 04:37:34 AM »

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« Last Edit: July 26, 2014, 09:33:02 PM by happypatty »

Offline Troglodactyl

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Re: Will donated PTS also generate BTS?
« Reply #1 on: February 19, 2014, 04:45:31 AM »
The AGS address shares will produce BTS, but these BTS will be used for further bounties and development just like the PTS.  This will increase value for investors.

EDIT: Source is https://bitsharestalk.org/index.php?topic=2666.msg33851#msg33851

Any DAC stake held by the AngelShares PTS address will be claimed for use in bounties the same as directly donated BTC and PTS, correct?

Yes, all funds raised directly or indirectly from the AGS addresses will be put toward the development of DACs.

« Last Edit: February 19, 2014, 04:55:54 AM by Troglodactyl »

Offline ripplexiaoshan

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Re: Will donated PTS also generate BTS?
« Reply #2 on: February 19, 2014, 05:02:28 AM »
For sure that address also get BTS. As the biggest holder, 3I will keep the trade market stable.
BTS ID:xiaoshan

Offline bytemaster

Re: Will donated PTS also generate BTS?
« Reply #3 on: February 19, 2014, 06:01:58 AM »
So here is an interesting question:

Will the donated PTS that are in the PaNGELmZgzRQCKeEKM6ifgTqNkC4ceiAWw address also produce BTS on Feb 28th? I would imagine that it would be better for investors if the donated shares did not participate, but then that's a special case III might not want to cover.

Regardless - would be nice to get clarity.

Actually Invictus needs to participate as all of the equity in BitShares X that we get from PTS will be usable to fund development.   Remember, this isn't about Invictus benefiting as we are using everything for development which benefits EVERYONE.   If we cut off our funding then everyone is hurt.
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Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

 

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