There are typos and a bug in the existing license:
https://github.com/InvictusInnovations/BitShares/blob/master/LICENSE.md"The genesis block of any blockchain must allocate 10% of the total lifetime shares ever allocated by the blockchain to the holders of BitShares PTS proportional to the percentage of total BitShares PTS held. Additionally 10% of the total lifetime shares ever
allcoated by the blockchain to the holders of BitShares AGS must be allocated in the genesis block."
allcoated -> allocated
The last sentence can be read as:
10% of the total lifetime shares allocated by the blockchain to holders of BitShares AGS must be allocated in the genesis block.
That reads as if I only need to allocate 10% of the shares I will allocate to BitShares AGS holders in the genesis block. So if I was going to give 1million shares to AGS holders, I only need to give them 100k in the genesis block.
I'd use the same language for both PTS and AGS holders:
The genesis block of any blockchain must allocate 10% of the total lifetime shares ever to be allocated by the blockchain to the holders of BitShares PTS proportional to the percentage of total BitShares PTS held. Additionally, the genesis block of any blockchain must allocate 10% of the total lifetime shares ever to be allocated by the blockchain to the holders of BitShares AGS proportional to the percentage of total BitShares AGS held.
EDIT:comments on barwizi's clause 4:
All modified redistributions shall allocate at least 10 % of the total value supply units to BitShares PTS holders at genesis of the modified version. All BitShares AGS sponsored redistributions shall allocate a further 10% of the total value supply to BitShares AGS holders at genesis. The remaining value supply is allocated at distributor's discretion while preserving the percentages throughout the modified redistributions’ lifetime.
what is a modified redistribution?
why "shall"? It should just be "All modified redistributions allocate at least" since it is a restrictive condition.
the last sentence is a nice addition, but technically all sentences in clause 4 list "conditions" so maybe reword it:
"The remaining value supply is allocated at distributor's discretion such that the percentages allocated to BitShares PTS and AGS holders do not decrease below 10% each throughout the modified redistributions’ lifetime."