Author Topic: Why would a new DAC developer want to give PTS/AGS/XTS/etc. holders free shares?  (Read 8807 times)

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Offline ebit

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Offline Stan

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Have you guys noticed the theory behind SiliconValleyCoin?

They are doing a "helicopter air-drop" of their currency into certain "zip" mailing codes in Silicon Valley under the theory that it directs their shares into the hands of a demographic more likely to be good supporters of their currency.

Quote
This coin is Premined 50%. Silicon Valley Coin will serve as a bridge between Silicon Valley innovation and the Crypto Community effectively by distributing our premined coins to certain zip codes surrounding the big tech companies of Silicon Valley. The distribution of our coins to these zip codes will commence on April 25, 2014.


This is exactly what PTS and AGS holders are:  A demographic MUCH more likely to be good supporters.  These block chains are like mailing codes that let you target your shares to the people you want to reach much, much, much more precisely than using Silicon Valley mailing codes!

It's like dropping shares with terminal homing DAC-savvy supporter seekers on them!

« Last Edit: April 03, 2014, 02:09:47 am by Stan »
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Stan

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The Bottom Line Up Front

PTS is just an altcoin you can mine or buy from others (not us)
to try to get targeted by developers
who see promotional advantages in a free airdrop of their new product samples
to a demographic of people who understand DACs.

AGS is just a public ledger of donors you can get on by donating to a development trust, 
to try to get targeted by developers
who see promotional advantages in a free airdrop of their new product samples
to a demographic of people who donate to developers!

We think these are two demographic "mailing lists" that every savvy developer will want to honor as airdrops replace mining as the preferred way to get a fair (but targeted) distribution of new give-away samples.  Targeted airdrops to finely-tuned demographics are far better than tossing your samples into a few zip codes or to all the uncaring masses of a typical currency.  Companies pay big money for focused mailing lists.  We have generated two outstanding lists - and make them available for free.

-----------------------

Key points:

Savvy developers want to give free promotional shares in their new digital companies to people who will appreciate them – the kind of people who will hold onto and promote them so their value goes up, rather than crashing prices by dumping them on the market.

BTS Prototype block chains work like mailing lists that tell developers where to send free shares to the kind of supporters they want to reach.  We have defined many prototype families that certify their shareholders as bona-fide members of a group that developers will want to target with their promotional give-aways. 

These shares work like “sign-up lists” for more free shares

BitShares PTS – The original grandfather prototype formerly called proto-shares (PTS).  Having PTS in your wallet means you are a “holder” not a “dumper” – presumably because you think long term and value owning a stake in the BitShares industry.  Whether you mined them or bought them on the market, the fact that you still have them proves you are a long-term supporter.  BTS companies allocate 10% - 50% of their shares to PTS family holders.

BitShares AGS – The original grandmother prototype formerly called angel-shares (AGS) in reference to the patron “angels” who once funded the performing arts.   That’s why AGS are not liquid.  (No one can trade the proof that you were the one willing to donate to this cause.)  But you can imagine why developers will want to give an industry donor free shares more than anyone else!  BTS companies allocate 10% - 50% of their shares to AGS family holders.

Families of Companies (Market Sectors)

If you want to focus on more specific sectors you can hold any of these parent prototypes.

Get them by holding PTS/AGS grandparents
Hold them to get free shares in their children.

BitShares X – A family of banks and exchanges. 
BitShares ME – A family of do-it-yourself shares.
BitShares Music – A family of music trading businesses. 
BitShares Games – A family of robotically honest games of chance. 
BitShares DNS – A family of domain name registry enterprises.
BitShares MAS – A family of mutual aid society (insurance) firms.

These industry sectors are rapidly evolving and their names will evolve too. 

But the important point is that we think owners of shares in this industry
make the best possible group of people to target with any promotional shares you intend to give away!

Remember - your donations are recorded in a public block chain which developers may or may not use to target 10% or more of their shares as a promotion to gain your support for their projects.  It is their choice - we merely define the public ledger documenting your contributions and a recommended formula for computing a fair share proportional to everyone's contribution.  Our free open source genesis-block initialization software will implement the recommended formula, but we cannot prevent any developer from modifying or replacing this software with their own algorithms or none at all.
« Last Edit: June 05, 2014, 12:08:13 am by Stan »
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.