What should be this community's policy about endorsing third party DACs in general?
I'd say let them do but, ...
We feel responsible for investors and do the following:
* check genesis block and coin distribution after launch
* check source code (in order to prevent stealing of privkeys)
* check DAC model/profit
When all is fine we could announce a +ACK or a -NACK to investors.
OK, so now you have hit on something really, really BIG! This is where PTS/AGS earn their 10%s.
This community is the single biggest group of well-informed experts on what makes a good BitShares DAC.
When a developer honors this community, it is, in part, to take advantage of that expertise to get a thorough rectal examination and vetting
that they can point to with pride.
(Presumably, if this community finds no show-stoppers and is excited about the product, that is the primordial DAC equivalent of an endorsement from Underwriter's Labs, Consumer Reports and an alphabet soup of consumer protection agencies BEUC/SPCA/PETA/EPA, etc.)
This is not something I3 can do, but it is something the BitShares Community can do!
This community is not all-knowing. But who else is better qualified to vet a new DAC?
"Who ya gonna call?"