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Offline bytemaster

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.
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Offline ripplexiaoshan

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

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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

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.

« Last Edit: February 19, 2014, 04:55:54 am by Troglodactyl »

Offline bitmeat

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« Last Edit: July 26, 2014, 09:33:02 pm by happypatty »