Topic: [ANN] Bitshares AGS crowd funding - *2* days until close - page 2. (Read 2591 times)

AGS had already been running for two months at that stage. I think a few thousand BTC and a few hundred thousand PTS were donated before the snapshot. http://www1.agsexplorer.com/

But yeah originally the first release of BitShares X was planned for late March I believe. That was before Daniel Larimer came up with DPOS - Delegated Proof of Stake, which then had to be created...


Yeah PTS is low as its price decreased after the snapshot as you'd expect. Also they haven't announced any major snapshots since, as they were still working on DPOS but as soon as it's up and running which should be this month. We can expect quite a few.

And BitShares X is pretty awesome so hence the high price - but it's actually still good value as it is valued at +- what people were paying for it before the Feb 28 snapshot.

I find it somehow weird, why you guys set the snapshot to february, where ags was quasi not existent.
The nice thing is, that I had my pts at that time on an exchange, because I didn't know it better...
and the market cap of bitshares x is higher as pts? FUCK!

25 million is quite a bit for an unreleased product.

The nice thing about these chains that aren't POW is that there isn't constant downward pressure by mining inflation which puts the currency in the hands of people who are not likely to be long term investors.

BitShares X IOU's trading on bter.com and btc38.com! Pre-release market cap of BitShares X looks to be hovering around 25 million.

Down to less than 2 days 6 hours remaining.


We'd would like to inform everyone of the approaching close of the Bitshares AGS (or Angelshares) crowd-funding. The longest round of crowd-funding for any crypto-equity related project to date is coming to a close with approximately two weeks remaining.  There is great benefit for people who donate to AGS right now.

The term "angel" in this context originally comes from Broadway, where it was used to describe wealthy patrons who provided money for theatrical productions. We think everyone should have a chance to be a patron angel! BitShares AGS, represent a way to gain a stake in this new and exciting industry without mining coins. The donations to the AGS fund support the research, development and creation of the BitShares technology. Those who support the fund are given public credit as 10,000 AGS shares , proportional to the amount donated. AGS donations started on January 1, 2014 and run for 199 days. BitShares AGS is a public way to document who has donated to help build the industry. Donations are used to help build software tools and a powerful ecosystem to help developers launch their new digital autonomous companies. In return, 3rd party developers may choose to give shares in their new companies as “tips” to those donors. They do this primarily as a targeted promotion to attract the support of people who are likely to contribute to their new ventures in a variety of helpful ways.

For those who do not know about Bitshares - Bitshares is a technology supported by next generation entrepreneurs, investors, and developers with a common interest in finding free market solutions by leveraging the power of globally decentralized consensus and decision making. Bitshares looks to extend the innovation of the blockchain to all industries that rely upon the internet to provide their services. Whether its banking, stock exchanges, lotteries, voting, music, auctions or many others, a digital public ledger allows for the creation of distributed autonomous companies (or DACs) that provide better quality services at a fraction of the cost incurred by their more traditional, centralized counterparts. The advent of DACs ushers in a new paradigm in organizational structure in which companies can run without any human management and under the control of an incorruptible set of business rules. These rules are encoded in publicly auditable open source software distributed across the computers of the companies’ shareholders, who effortlessly secure the company from arbitrary control. Bitshares does for business what bitcoin did for money by utilizing distributed consensus technology to create companies that are inherently global, transparent, trustworthy, efficient and most importantly profitable.  

Info on AGS - http://wiki.bitshares.org/index.php/BitShares_AGS

Bitshares Wiki - http://wiki.bitshares.org/

Forum -http://bitsharestalk.org/

http://wiki.bitshares.org/images/5/5a/DPOS-infographic.jpg