Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - nhil8r

Pages: [1]
1
Hi new user here.  Is this still active.  If so I came up with some explanation here.  If it's good I can start to do the infographic.

Distributed Autonomous Corporations

DAC is another term for cryptocurrency such as bitcoin.  There is a growing consensus in the community that bitcoin is an early form of a DAC.  Bitcoin can be considered a DAC because much of its value is derived by performing a trustworthy confidential fiduciary service without a CEO or board of directors.  Learn more about DACs here: http://invictus-innovations.com/i-dac/
Invictus Inc. is a company currently developing DACs and are using two methods of funding called Protoshares and Angelshares. 

Protoshares

Protoshares are basically stock or shares of the company Invictus.  Invictus sells these shares like any other company and uses the funds to accomplish their business plan.  However there are other benefits to owning these shares such as:
•   Own 10% of the genesis block in all future DACs developed by invictus
•   Own 50% of the genesis block in the first DAC (Bitshares)

Angelshares
Angelshares are a new form of funding invented by Invictus.  For two-hundred days, 10 000 Angelshares will be available daily to those who donate Bitcoin and Protoshares.  These funds will also be used to accomplish their business plan.
•   5000 AGS will be split proportionately between bitcoin donaters daily.
•   5000 AGS will be split proportionately between Protoshare donaters daily.
•   Own 50% of the genesis block in the first DAC (Bitshares)



Pages: [1]