All DACs have snapshots that honor something.
Upgrade DACs honor their predecessor.
New DACs honor their industry parent which honor PTS/AGS.
If a DAC is the first in a new industry, it honors PTS/AGS directly, just like XT did on February 28.
When an upgrade occurs it can be done either by hard fork if there is delegate consensus or as an alternative chain if not.
When an alternative chain is offered, everybody gets shares in both via the snapshot mechanism. As long as there are users for both, they can co-exist like Coke Classic and New Coke a few decades ago. The expectation is that one or the other of the products will win and the other will fade to zero - but that is up to the market to decide.
Been sitting quietly on the sidelines watching this forum everyday. Recently there was a thread: Today I loose confidence in I3. I thought come on guys, just be patient some great products will come. And so far your logic always made sense.
But the coexistence of PTS and PTS2 just seems like a quick money scheme, the fact that you're considering to do this even before the AGS funding is over, makes me think you're having funding problems. Another million would be enough for now, but what will you come up with, when those funds have dried up?
For investors your making the deal more complicated than it already is, now they have to choose between holding PTS and PTS2, because DAC's can choose to honor either one
PTS will drop from the top 10 coin market list, because it has effectively lost half it's value.
Sorry to be cynical, I still believe in I3, but this just doesn't make any sense.