http://m.youtube.com/watch?feature=youtu.be&v=qeweF05tT50
The allocation is
20% AGS
20% to BitShares-PTS
10% Developers
& the remaining 50% gets released over few years by the DAC according to shareholder votes.
(So really PTS gets 40% of the initial equity which is pretty good)
https://bitsharestalk.org/index.php?topic=6753.0;all
Announcing the Decentralized Namespace Service - get your share by holding PTS before the end of August 21st
Featuring:
.p2p - .bit killer and DNS cash cow
KeyID - replacing usernames everywhere
Enabling services like
Browsing .p2p websites - no spying, no seizures!
"SignIn with KeyID" - think google/facebook signin only MORE SECURE. OUTRAGEOUSLY SECURE if the website is a .p2p site.
"KeyMail" - more on this later... will be a critical piece of infrastructure for BTS ecosystem as a whole
Features ready NOW (test net incoming):
* .p2p Punishing Throttled Auction (with hard-coded throttle) for initial distribution - more on this later
* .p2p Sell/Buy embedded market
* .p2p TITAN transfers
* KeyID "points" with upburn/downburn - how much money will people spend adjusting a meaningless number associated with their account? Probably a bunch!
* Everything in the toolkit except Markets - *maybe* we will add BitUSD far in the future
Features ready at launch at end of august (hopefully, it's just a goal):
* Punishing auction throttle size set by delegates, with fallback to fixed rate
* .p2p "offers" - put up bids before a domain is for sale or before it even exists. Not everyone wants to risk the Punishing Auction.
* SignIn with KeyID - we can already do this with ID-to-ID but we want to be able to do ID-to-.p2p because then you can check the site you are logging in to is who you think it is
Features ready after launch:
* DNS servers / browser plugins / "invisible" clients - seamless browsing experience
* DNS delegates that act as smart oracles for other decentralized application platforms - ethereum, ripple, etc... KeyID usernames *all over crypto land
Watch out for:
* PAID positions for content creation and development (web, core client, and DNS infrastructure)
* Instructions for migrating Keyhotee and BTSX names
Featuring:
.p2p - .bit killer and DNS cash cow
KeyID - replacing usernames everywhere
Enabling services like
Browsing .p2p websites - no spying, no seizures!
"SignIn with KeyID" - think google/facebook signin only MORE SECURE. OUTRAGEOUSLY SECURE if the website is a .p2p site.
"KeyMail" - more on this later... will be a critical piece of infrastructure for BTS ecosystem as a whole
Features ready NOW (test net incoming):
* .p2p Punishing Throttled Auction (with hard-coded throttle) for initial distribution - more on this later
* .p2p Sell/Buy embedded market
* .p2p TITAN transfers
* KeyID "points" with upburn/downburn - how much money will people spend adjusting a meaningless number associated with their account? Probably a bunch!
* Everything in the toolkit except Markets - *maybe* we will add BitUSD far in the future
Features ready at launch at end of august (hopefully, it's just a goal):
* Punishing auction throttle size set by delegates, with fallback to fixed rate
* .p2p "offers" - put up bids before a domain is for sale or before it even exists. Not everyone wants to risk the Punishing Auction.
* SignIn with KeyID - we can already do this with ID-to-ID but we want to be able to do ID-to-.p2p because then you can check the site you are logging in to is who you think it is
Features ready after launch:
* DNS servers / browser plugins / "invisible" clients - seamless browsing experience
* DNS delegates that act as smart oracles for other decentralized application platforms - ethereum, ripple, etc... KeyID usernames *all over crypto land
Watch out for:
* PAID positions for content creation and development (web, core client, and DNS infrastructure)
* Instructions for migrating Keyhotee and BTSX names