Author Topic: 117,567 BitShares allocated to PTS Angel Address  (Read 4582 times)

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Offline smiley35

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I am against this idea.  They are the product of donated pts. We all knew this would happen. And they will be used as part of the angel shares fund. 


They benefit shareholders greatly.  Your sentiment seems to be that of a short term speculator.

Offline gamey

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The more money for I3 the better job they'll do.  I'm pretty convinced Dan has a serious life-longish mission to make the best bitcoin 2.0 technologies he can.  I expect him to keep trying until that big pot of money is gone. So the more he has, the happier I am.
I speak for myself and only myself.

Offline xeroc

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Offline BitShares.com

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http://www1.agsexplorer.com/balances/PaNGELmZgzRQCKeEKM6ifgTqNkC4ceiAWw

How will these be handled? This is effectively a ≈6% corporate premine.

I was thinking of this, and it seems a bit unfair that people donated PTS to get BTSX, but their actual percentage of total shares is diluted by these BTSX allocated to the Angel Address itself. It is even more unfair for BTC donators, as their shares become diluted as more people donate PTS.

Doesn't it make more sense to not include the Angel Address into any of the allocation snapshots?