While explaining to my business partners how BTS,PTS and AGS worked I had to create this infographic to explain it. The infographic on page one inspired me to share mine with the community. There are some differnces in how the X chains are distributed from the first infographic so I am wondering which one is correct. In mine I assumed that BitsharesX/XT would work like a tree, in which BTS -> BTSXI and BTS -> BTSXVI, some clarification would be nice.
fullsize:
http://i.imgur.com/VIJR9iz.jpg
Great info graphic... we would like to avoid any confusion about Corporations which are legal entities and DACs which are software with no legal standing or definition.
Second... we are very interested in having the wide spread understanding our role is to produce software, the communities role is to allocate stake and launch the software. We cannot make any promises of allocation; however, we theorize that market forces will conspire to honor recommendations we make even in the extreme case of our team being killed in a plane crash and someone else is left to finish the software.
I completely understand from a legal point of view what you mean.
My goal was to make business people understand the system in a way they understand. PTS and AGS is not venture capital, but can be thought of as similar rolls that VC would play in getting equity in a corp they invest in. Similarly the DACs don't have products, but people understand that corporations make products and they get equity out of those products.
The invictus inovations section was also never meant to indicate products I3 would release directly just the software and the 50%/50% stake in future software created by i3 that was discussed previously.
Also can you shed some light on how the BTS will be distributed in chains. Is it like the first graphic, where the snapshots are taken from the previous chain:
BTS>BTSXI>BTSXV
or is it more like mine, where all bts chains derive the snapshot from holders of BTSX at the time of genesis:
BTSX
|
--------|----------
| | |
XI VI XC