Gamey, the snapshot date is not an issue I am trying to address here; my question will still be the same no matter which exact date the BTS X uses for the snapshot from the AGS.
So you are more interested in the percentages? Are you suggesting they gave away a large percentage in some manner? There are infinite distributions they could have chose, but I think the one they went with was meant to motivate people to donate while increasing the price of PTS. You'd have to propose a specific distribution for me to make any comment as their choice seems reasonable to me. I'd also guess the Bitshares guys would stick with their choice of distribution. I am curious though what you think might have been better.
Let say I donated 300 PTS in February (those cost me +/- $2,500) .For that I get 750 AGS (wishful thinking I know, just bending the numbers against my point). For 750 AGS, I get roughly 2,500 BTS X (if 4 Mil total BTS X, or about 1/1600 of the total DAC).
Let’s say that my ‘unconfirmed resources are correct’ (that is totally random, I am making this stuff up) and
1.There are really only about 2000 active users on BTT. So, about 1600 will not mind participating in a free deal.
2.The best way to distribute some DAC is to give equal share to those active users of BTT, other than honoring PTS/AGS holders with 10%+ each (honoring the social consensus).
My points revolve around the following: the $2500 spent in Feb seem like money thrown away for any well-established BTT user. (in other words the alternatives/relative costs are to spend $2500 or to post ‘I am interested’)
^^ merockstar You did not have to post and then delete your post in the thread in question. :) That particular idea seem unlikely to go anywhere, but rises interesting general questions.