BitShares Music & AGS

[onceuponatime]

quoted from:

https://bitsharestalk.org/index.php?topic=9387.30

Just some quick napkin math that I did:

5 million daily x 60 days = 300 million NOTES presale

Presale is 20%, so:

300 million / 0.20 = 1.5 billion (1500 million) NOTES total

AGS/PTS each get 35% as stakeholders, so 525 million NOTES each.

You can calculate the amount you would get based on angelshares:

525 million * (your AGS) / (1,000,000) (2,000,000) = your angelshare NOTES

Edit: Forgot that there were 2mil AGS   Thanks clayop
« Last Edit: October 06, 2014, 08:26:11 AM by pariah99 »

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So it means
1 AGS = 262.5 Notes
1 PTS =  ± 298 Notes

Correct me if I'm wrong.

[bitAndy]

I was wanting to work out how many BitShares Music NOTES I would receive from AGS.

There will be 1.5 billion NOTES in total. 35% goes to AGS holders. That's 525 million.

There was 2 million AGS shares in total (I think).

Dividing 525 mill by 2 mill = 262.5 NOTES per AGS share.

Is that about correct?