its concise and easy to follow
my one suggestion might be changing the word 'donation' to 'funding' - makes it sound a bit more serious business venture and less of a charity case imo :)
Yea, I was going to write it more like that but I thought the technical party line is that AGS are pure donations and are not an investment so I wrote it that way in case it was better not to imply otherwise.
Donations. This must remain crystal clear everywhere. Thanks!
The entire reason developers want to target promotional shares to people who donated to AGS is that it proves those people belong to a rare group of those who donate to developers. Developers want the support of proven donors and AGS lets them precision-target that unique demographic.
I believe that it would be very important to make AGS liquid. This will allow for AGS owners to represent a much larger community of persons interested in DACs. Yes it will no longer 100% represent donors but the people who may have lost interest and sold their AGS would be replaced by others who are keen to join the community.
If we extrapolate into the future and see AGS as becoming one of the most sort after shares in the community it will become tradable anyway but through centralized exchanges. Something we look to differentiate ourselves from.
Additionally if we do not make AGS liquid the group of AGS owners who are forced to become powerful shareholders, because they cant sell, will appear to become a small 'cartel' of people who get a stake in everything.
after the donation period what is the difference between an angelshare and a protoshare?
The represent two different demographics that developers will want to target with free promotional shares.
You can read about how they are different and why that matter's here:
http://bitshares.org/bitshares-airdrop-theory/ (http://bitshares.org/bitshares-airdrop-theory/)
Also PTS is tradable but AGS is not -- for these reasons:
https://bitsharestalk.org/index.php?topic=4732.msg63437#msg63437 (https://bitsharestalk.org/index.php?topic=4732.msg63437#msg63437)
its concise and easy to follow
my one suggestion might be changing the word 'donation' to 'funding' - makes it sound a bit more serious business venture and less of a charity case imo :)
Yea, I was going to write it more like that but I thought the technical party line is that AGS are pure donations and are not an investment so I wrote it that way in case it was better not to imply otherwise.
Donations. This must remain crystal clear everywhere. Thanks!
The entire reason developers want to target promotional shares to people who donated to AGS is that it proves those people belong to a rare group of those who donate to developers. Developers want the support of proven donors and AGS lets them precision-target that unique demographic.
I believe that it would be very important to make AGS liquid. This will allow for AGS owners to represent a much larger community of persons interested in DACs. Yes it will no longer 100% represent donors but the people who may have lost interest and sold their AGS would be replaced by others who are keen to join the community.
If we extrapolate into the future and see AGS as becoming one of the most sort after shares in the community it will become tradable anyway but through centralized exchanges. Something we look to differentiate ourselves from.
Additionally if we do not make AGS liquid the group of AGS owners who are forced to become powerful shareholders, because they cant sell, will appear to become a small 'cartel' of people who get a stake in everything.
after the donation period what is the difference between an angelshare and a protoshare?
The represent two different demographics that developers will want to target with free promotional shares.
You can read about how they are different and why that matter's here:
http://bitshares.org/bitshares-airdrop-theory/ (http://bitshares.org/bitshares-airdrop-theory/)
Also PTS is tradable but AGS is not -- for these reasons:
https://bitsharestalk.org/index.php?topic=4732.msg63437#msg63437 (https://bitsharestalk.org/index.php?topic=4732.msg63437#msg63437)
appreciate the answer, but it was a rhetorical question posed in response to MrJeans argument that AGS should be liquid because future trolls might view AGS investors as a private bitshares cartel. i could have elaborated a bit though:
MrJeans, theres no reason to make AGS liquid because a protoshare has the same effect as an angelshare as far as stakes in DACs are concerned (when you donate a protoshare to the ags fund now, you get credit multiple ags)
seeing as how a protoshare and an angelshare have the same net effect, if ags were ever made liquid it would be valued the same as a pts so no point in making it liquid (a potential angelshare buyer can just buy a protoshare, distinction between donor and crypto-holder set aside, a protoshare is functionally a liquid angelshare)