BitShares Forum

Main => General Discussion => Topic started by: bitmeat on February 19, 2014, 04:37:34 am

Title: -
Post by: bitmeat on February 19, 2014, 04:37:34 am

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Title: Re: Will donated PTS also generate BTS?
Post by: Troglodactyl on February 19, 2014, 04:45:31 am

The AGS address shares will produce BTS, but these BTS will be used for further bounties and development just like the PTS.  This will increase value for investors.

EDIT: Source is https://bitsharestalk.org/index.php?topic=2666.msg33851#msg33851

Quote from: bytemaster on February 01, 2014, 11:53:47 pm

Quote from: Troglodactyl on February 01, 2014, 11:07:24 pm

Any DAC stake held by the AngelShares PTS address will be claimed for use in bounties the same as directly donated BTC and PTS, correct?

Yes, all funds raised directly or indirectly from the AGS addresses will be put toward the development of DACs.

Title: Re: Will donated PTS also generate BTS?
Post by: ripplexiaoshan on February 19, 2014, 05:02:28 am

For sure that address also get BTS. As the biggest holder, 3I will keep the trade market stable.

Title: Re: Will donated PTS also generate BTS?
Post by: bytemaster on February 19, 2014, 06:01:58 am

Quote from: asenski on February 19, 2014, 04:37:34 am

So here is an interesting question:

Will the donated PTS that are in the PaNGELmZgzRQCKeEKM6ifgTqNkC4ceiAWw address also produce BTS on Feb 28th? I would imagine that it would be better for investors if the donated shares did not participate, but then that's a special case III might not want to cover.

Regardless - would be nice to get clarity.

Actually Invictus needs to participate as all of the equity in BitShares X that we get from PTS will be usable to fund development.   Remember, this isn't about Invictus benefiting as we are using everything for development which benefits EVERYONE.   If we cut off our funding then everyone is hurt.