I recommend an AGS-style fundraiser be used to get money for this project and allocate part of the initial supply.
For those that don't know, AGS are the "virtual" shares represented by addresses of people who sent money to special fundraising addresses for the bitshares ecosystem. It is similar to how Mastercoin raised money, except that instead of fixing a price per BTC and letting the supply be variable, the supply is fixed and the price per share is determined by splitting the fixed shares-per-day among all the donators from any particular day. (Personally I think you should count time in terms of blocks instead of days, but whatever).
Of course if we're going with bitshares_toolkit we should allocate 10%/10% AGS/PTS.
There is also value in dropping a fraction onto BTC or MSC/XCP.
Maybe 30%-50% allocation for "Proto-Truthcoins" (the virtual TC fundraiser share)?
I do *not* recommend distributing shares to miners. Mining has not been "fair" or "decentralized" for like a year now. Even if you go with POW, their rewards should be paid explicitly from the network's income rather than implicitly via coin/share dilution. Miners are subcontractors for your network.
I do *not* recommend a dev premine. That's the point of this type of fundraiser.
There is also a question of coin distribution vs share distribution. Whichever is the one that pays fees is the one that should be preallocated to AGS/PTS/"PTC".
For those that don't know, AGS are the "virtual" shares represented by addresses of people who sent money to special fundraising addresses for the bitshares ecosystem. It is similar to how Mastercoin raised money, except that instead of fixing a price per BTC and letting the supply be variable, the supply is fixed and the price per share is determined by splitting the fixed shares-per-day among all the donators from any particular day. (Personally I think you should count time in terms of blocks instead of days, but whatever).
Of course if we're going with bitshares_toolkit we should allocate 10%/10% AGS/PTS.
There is also value in dropping a fraction onto BTC or MSC/XCP.
Maybe 30%-50% allocation for "Proto-Truthcoins" (the virtual TC fundraiser share)?
I do *not* recommend distributing shares to miners. Mining has not been "fair" or "decentralized" for like a year now. Even if you go with POW, their rewards should be paid explicitly from the network's income rather than implicitly via coin/share dilution. Miners are subcontractors for your network.
I do *not* recommend a dev premine. That's the point of this type of fundraiser.
There is also a question of coin distribution vs share distribution. Whichever is the one that pays fees is the one that should be preallocated to AGS/PTS/"PTC".