Side note: I would like to ask, why Bytemaster, Stan, and Toast have 100% delegates? If I3 has a huge chunk of BTS, shouldn't this be divvied out as payment until it is exhausted and then start dilution for payment? I am not talking about the BTC, I am talking about the BTS acquired through the PTS donations. If you began to pay this out to those who want to be the "100%" delegates it would also help decentralize faster. I know the 100 or 300 million you guys have looks nice for a bonus when price rises to $1.00 per, and it helps you vote the people you want in but if you are planning on just holding those forever, I think it's not such a good idea for the concept of decentralization. I am pretty sure you have not divvied these shares since you still pull a 7-9% weight in voting people in and out.
Your numbers are wrong: I have 95M BTS of which 30M BTS is already earmarked for certain marketing milestones and thus cannot be touched until those milestones are not met by the deadline. That leaves us with ~65M which ~30M will be paid to the core developers as end of year one time bonus and the remaining 35M will be retained to cover misc expenses such as accounting, lawyers, office space, and taxes.
Starting next year the "Core Developers" will be taking the pay of a SINGLE delegate position which is about 20% of what they are worth. You don't want us to hold out giving them their bonus because that would centralize trust and result in a large additional tax liability which wouldn't be good for anyone.
We started wit a total of ~120M from the PTS Angel address. ~25M has been divided between Chinese and US marketing teams for operation budget and incentives.
The one thing a lot of you are confusing is that the crypto markets are in some way as efficient as Wall St. They are not and this is why the Market Cap is inflated with the dilution of new shares. If this market was as liquid and efficient as any stock traded on the NYSE, AMEX or NASDAQ, the share price would never go up and most likely continue to drop because shares are continually being created out of thin air in the form of dilution and market cap would stay the same. If you have ever seen a stock dilute shareholders, the market cap doesn't all of a sudden rise because you are adding more, it usually will stay the same and price per share will drop so the new share count equals the previous market cap.
You are wrong. If a company sells shares to raise capital the MarketCap would grow proportional to the increase of cash reserves on the balance sheet and the share price would stay flat (in a perfectly efficient market).
If the company burns the capital and produces nothing of value then the MarketCap will fall back to where it was to start with but the price per share will be down.
If the company uses the capital to produce something of greater value then the MarketCap will rise even more and the price per share will go up.
Conclusion: Dilution that produces more value than the value of the diluted shares increases the Price Per Share.
Challenge: Determine whether or not more value is being produced than the value of the diluted shares. This is what the market is estimating/pricing.