donSchoe's tradable Angelshares (tAGS)
Wait, what?
Angelshares are by design not tradable. Many people rather keep their Protoshares because of the increased flexibility. This is not true anymore as of today: I'm introducing tradable Angelshares!
Why tradable Angelshares?
To allow more investors to approach Angelshares without being bond to I3, you can now purchase Angelshares from me and I will allow to trade these shares among the community. The benefit is clear, if you dont want to hold any AGS anymore, just find a buyer and sell your shares. I will keep track of the owner of all the shares.
How does that work?Send PTS to PtAGSL6YnPMuyGkoMHPnVg28nGEyryyRJM or BTC to 1tAGSAuZT4m3K6YFfa2Dqfve2WUxrGCXe. I will keep track of all incoming transactions on a daily basis and add them to the orderbook (link see below). Your final balance of tAGS will be calculated by the daily AGS/PTS or AGS/BTC rate multiplied by 0.9 (why see below).
- Claiming tradable Angelshares:
You dont want to hold any tAGS anymore? Just create a post or thread on forum stating the amount of tAGS to be sold and the price. This post must be signed by the public key you used above to claim the tAGS initially. With the signature you prove the ownership of the tAGS. If you find a buyer, send me message or point me to the thread/post where the trade was agreed and again, create a signed message which includes the new owners public key. I will change the owner on the orderbook after successfull pubkey verification.
- Selling tradable Angelshares:
You can either claim tAGS by sending PTS/BTC to me (see above) or buy tAGS from other shareholders if they wish to sell (see above). Confirm potential sellers by public key verification and double check back with the orderbook (link below).
- Buying tradable Angelshares:
How to claim future DACs?
As I'm holding the Angelshares for you and organize the virtual tAGS, I'm also responsible for claiming and distributing the shares of future DACs. You will get your share by the value of the AGS you are holding. For each future DAC I will create a claiming thread where everyone holding tAGS creates a signed post which includes a public address of the DAC where I can send the shares to. PMs are fine too, as long as they are signed by the public key holding the tAGS.
What's the price?
10%. I'm selling tAGS 10% below the daily AGS/BTC and AGS/PTS rates. This might sound high at first glance but it's alot of work for me to organize the Orderbook on daily basis and to payout future DAC shares and Bitshares. If it's too much for you, you can still buy regular untradable AGS here: https://bitsharestalk.org/index.php?topic=1863.0
Book of Shareholders:
https://docs.google.com/spreadsheet/ccc?key=0AsHKRepEtagfdHZSM1FmMEhWTU5Ud1NDNUlqS1RlaVE&usp=sharing
PTS Transactions: https://coinplorer.com/PTS/Addresses/PtAGSL6YnPMuyGkoMHPnVg28nGEyryyRJM
BTC Transactions: https://blockchain.info/address/1tAGSAuZT4m3K6YFfa2Dqfve2WUxrGCXe
Fineprint:
- I'm not buying tradable Angelshares back. If you purchased some before and want to sell them, find a buyer first before contacting me.
- The rate AGS/PTS and AGS/BTC may vary on daily donation amount. The daily rate will be the final value at 0:00 UTC minus 10%.
- If a future DAC allocation is announced, only tAGS issued until 0:00 UTC at the day of the DAC launch will be accounted in the DAC shares distribution.
- I got a job and family, If I'm not able to update the rates for 1-2 days at midnight, don't panic. Your tAGS wont change or get lost as the rates are defined above and are fixed by definition. I will write a script to automate tAGS rates calculation soon to improve usability and transparency of this service. Until then, you will have to check coinplorer and google docs manually.
Did I mention, they are tradable? ;D
Ok, let's sum up the feedback so far:Why we can trust you?How?Btw, I'm serious about this. Is it too much text or why isn't anyone commenting?
- amazing
- awesome
- brilliant
TLDR; I manage your AGS - you can do whatever you want with them; Sell, trade, donate for charity. Any questions?
Ok, let's sum up the feedback so far:Why we can trust you?How?Btw, I'm serious about this. Is it too much text or why isn't anyone commenting?
- amazing
- awesome
- brilliant
TLDR; I manage your AGS - you can do whatever you want with them; Sell, trade, donate for charity. Any questions?
BAD idea,that's it!
Don't trust anybody but yourself.
Anybody could die tomorrow!
It is easy for 3I to have liquity with AGS 200 days later.
Just honor new AGS2.0 which honor AGS1.0 100%, to replace AGS1.0. In this case, AGS2.0 is almost same with PTS, everybody can trade them on market.
But this is up to 3I to honor or not.
I thought you have similar ideas when I saw the title.
It is easy for 3I to have liquity with AGS 200 days later.
Just honor new AGS2.0 which honor AGS1.0 100%, to replace AGS1.0. In this case, AGS2.0 is almost same with PTS, everybody can trade them on market.
But this is up to 3I to honor or not.
I thought you have similar ideas when I saw the title.
The only advantage PTS has over AGS is liquidity. If it turns out that in future AGS will be liquid too, then I should be selling all my PTS now.
Changing schemes midway is no good. You invest in AGS knowing fully well that you can't sell of the stake.
HackFisher:
AGS刚出来时,我想很多人都没有看清楚,但是50%-50%和BTC平分绝对是个错误的决定,现在进行到一半打破约定肯定不对,但是需要总结教训。
虽然我觉得这么说有点马后炮,但我觉得为了社区的利益,正确的做法应该是100%来自PTS,这样有人会投PTS吗,因为AGS的吸引力,肯定会有人投AGS。 另外,因为新的吸引力,会导致PTS的需求增加,导致PTS的价格上涨,BTC的资金也会进入PTS。并且,因为3I收到了AGS投资的PTS,随着价格上涨也完全可以拿到资金。
最终结果,很可能就是PTS价格上涨了一倍,接近1/3的PTS到了3I手中,PTS社区的利益都有保护。
现在的结果,就跟A股开闸IPO一样的效果类似。。资金被吸引进入了BTC投资通道。
You can't trust me, you should not trust anyone at all.Why we can trust you?How?It's donschoe! Why would you even ask that?
It's donshoe goddamnit.
BTW, is the future DACs honoring tAGS created by you? Do you already have some under Planning?Read the OP carefully. tAGS = AGS, so every future DAC which allocates AGS will also include tAGS. I'm buying and holding AGS for you.
The only advantage PTS has over AGS is liquidity. If it turns out that in future AGS will be liquid too, then I should be selling all my PTS now.Well, since I introduced tAGS PTS lost that advantage. :)
Changing schemes midway is no good. You invest in AGS knowing fully well that you can't sell of the stake.
I think this is fine and a perfect example of market forces at play. tAGS is a valuable service that comes at the price of 'trust', you are trusting a 3rd party to manage a long-term investment. If anything happens to him you will loose your keys.Exactly. Thanks for your comment.
Good work and I hope it meets a market demand.
I think this is fine and a perfect example of market forces at play. tAGS is a valuable service that comes at the price of 'trust', you are trusting a 3rd party to manage a long-term investment. If anything happens to him you will loose your keys.
Good work and I hope it meets a market demand.
Well, since I introduced tAGS PTS lost that advantage. :)
No offense, but its really not the same thing as converting AGS into a currency like PTS. Good luck on your plan - it will be interesting to follow.
You can't trust me, you should not trust anyone at all.Why we can trust you?How?It's donschoe! Why would you even ask that?
It's donshoe goddamnit.
All I can is assure you as a Sr. Member and Board Moderator that I'm really doing that for you as a service and wont do evil. In addition, the administrators know my real life identity.BTW, is the future DACs honoring tAGS created by you? Do you already have some under Planning?Read the OP carefully. tAGS = AGS, so every future DAC which allocates AGS will also include tAGS. I'm buying and holding AGS for you.The only advantage PTS has over AGS is liquidity. If it turns out that in future AGS will be liquid too, then I should be selling all my PTS now.Well, since I introduced tAGS PTS lost that advantage. :)
Changing schemes midway is no good. You invest in AGS knowing fully well that you can't sell of the stake.I think this is fine and a perfect example of market forces at play. tAGS is a valuable service that comes at the price of 'trust', you are trusting a 3rd party to manage a long-term investment. If anything happens to him you will loose your keys.Exactly. Thanks for your comment.
Good work and I hope it meets a market demand.
I'm running this service for the long shot but my target audience are short- and midterm investors who rather play with the shares value than hope for the long term success of I3. This is a win/win situtation as I3 still sells shares and the short-term investors get another toy to play with.
I think this is fine and a perfect example of market forces at play. tAGS is a valuable service that comes at the price of 'trust', you are trusting a 3rd party to manage a long-term investment. If anything happens to him you will loose your keys.
Good work and I hope it meets a market demand.
If you have been hacked, who will be responsible for the loss?I am responsible for the loss and will compensate if nessesary. But it wont happen.
Earthquakes, fires, epidemics, amnesia…… There are many things to consider.I am sorry.
I think tAGS is a bit "opposite" to the philosophy of decentralized trading of bitshare (where AGS will go eventually).Well, I agree, but tAGS is not more centralized than AGS are.
It is centralized trading mechanism managed by one person.
I wonder why these questions were not raised when AGS was introduced. I did not invent the wheel, I'm using it.