Actually, AGS is expected to exist for a very long time. Every product Invictus ever produces will honor it, not just the first BTS chain. Further, every honorable 3rd party developer that builds on top of the infrastructure that AGS donors have provided will be expected to honor the donors (not their servant Invictus).
我的理解是,一旦BTS发布,AGS是以BTS的形式存在,也就是说AGS已经不复存在了,因为都换成了BTS。但PTS在换成BTS后还继续存在,第3方开发的DAC必须支付PTS持有者10%的份额。这是强制性的分配
If a dishonorable developer released a derived DAC that did not honor AGS donors it seems likely that some of these donors might feel justified in releasing a clone of that DAC that does honor them. Then it would be up to the rest of AGS and PTS holders to decide which of the two DACs they would support.
This Social Consensus might continue long past the lifetime of Invictus. Time will tell!
对于AGS持有者,第3方开发的DAC不需要强制分配给AGS份额,如果这个第3方不愿意的话。
权益
对于所有第三方DACs,发布时必须分配至少10%资产给PTS持有者。
对于所有3I主导研发的DACs,发布时必须分配至少10%资产给PTS持有者,至少10%资产给AGS持有者,而剩下的80%资产的分配由开发者决定。
根据以上的规定,PTS的权益略大于AGS的权益,因为PTS持有者可以获得非3I公司开发的DAC的10%资产,而AGS持有者没有这个保证。
不可交易
AGS相对PTS的主要弱点。就是AGS不可交易,AGS本质是一个捐赠的公开记录,并非股权本身。。PTS持有者有自由在任何时刻将自己手中的PTS卖掉而获得一大笔法币,或是转换为比特币。而AGS持有者则不能这样做,他只能继续持有AGS并等候获取今后DAC的赠送。对于投资PTS的人,只要PTS市值涨了,他就可以随时卖掉PTS而盈利。而对于投资AGS的人,他回本和赚钱仅能通过各种DACs的赠送。如果万一3I研发不顺利,PTS持有者可以在对公司失望的时候卖出PTS来止损,AGS持有者则无法做出任何回应,如果3I失败,AGS持有者将损失全部投资。