My suggestion would be to clone the new PTS2 coin (or whatever it will be called). Then airdrop 100% of it to AGS holders once the AGS donation period has ended, claimable only by those who have keys to donor addresses. Let them sell it or keep it, their choice. This would unlock some monetary value for those folks who don't want to hold or anyone else who wants to trim their holdings. And it would not hurt 3I the way that an early end to AGS would leave less for development/marketing. Plus, this would give new interested "investors" a chance to join late and still participate by buying AGS coins. And then use that new AGS coin for any future DACs to take their AGS snapshots.
I am all for charities, as you know from lotto and previous thread.
Why?
Number 1: Charities / Good causes will make (hopefully) the best use of the money.
And of course:
It helps to launch the charity / lotto DAC, as it initialises the selection of potential charities.
It will help to clear bad images of crypto in general and show our good will.
It will introduce to people outside of the crypto circle, the potentials of DACs and the offerings we provide.
Many others...
It can be any charity (good and well known) from cancer research to the gates foundation, I am not to decide, and of course it should not be just one. That is a bigger debate to have if we decide to do so.
How would the charity will use it? to finance their projects, or keep it for future investment?
I cant hear all these liquid-ags talks any longer :-(
My suggestion would be to clone the new PTS2 coin (or whatever it will be called). Then airdrop 100% of it to AGS holders once the AGS donation period has ended, claimable only by those who have keys to donor addresses. Let them sell it or keep it, their choice. This would unlock some monetary value for those folks who don't want to hold or anyone else who wants to trim their holdings. And it would not hurt 3I the way that an early end to AGS would leave less for development/marketing. Plus, this would give new interested "investors" a chance to join late and still participate by buying AGS coins. And then use that new AGS coin for any future DACs to take their AGS snapshots.
To clarify, are you suggesting making both PTS and AGS liquid on their own DPOS chains?
It can be any charity (good and well known) from cancer research to the gates foundation, I am not to decide, and of course it should not be just one. That is a bigger debate to have if we decide to do so.
How would the charity will use it? to finance their projects, or keep it for future investment?
How do you address the fact that to benefit from a charitable donation the first thing a charity would have to do is sell the donation, putting pressure on share price? While they could keep it as an investment, that's not what most charities do.
It can be any charity (good and well known) from cancer research to the gates foundation, I am not to decide, and of course it should not be just one. That is a bigger debate to have if we decide to do so.
How would the charity will use it? to finance their projects, or keep it for future investment?
How do you address the fact that to benefit from a charitable donation the first thing a charity would have to do is sell the donation, putting pressure on share price? While they could keep it as an investment, that's not what most charities do.
I was also thinking that myself, we could put a clause on the donation or release the donation over a period of time.