How AGS is handled is a completely different problem, and I agree with you wholeheartedly, tonyk!
However given that he is giving away 20% to BTC and DOGE, is a huge blow to bitshares community. BTC and DOGE don't give you anything in return either, well perhaps some free marketing.
I know the bitshares community has been largely behind the creation of the open source beyond bitcoin show. If a DAC has open access to a community that creates content for its own show, to me that community is pretty valuable to not only to DAC Devs, but also the crypto community as a whole.
Just think...Open source blockchain awareness media network and the Legend gives a humble shout out to the bitshares community and BM for being first movers in the adoption of beyond bitcoin. Along with that you have open access to the community and their appreciation..
Maybe I am too positive here, but it seems like a great place to establish an early DAC to media and community exposure advantage, it seems like a smart long term synergistic play.