This thread has been created to try to provide a no-hype summary of critical information you might just want to know about.
At launch, the big gold-rush excitement will be about signing up new users since those who do will receive up to 80% of the lifetime fees generated by every user they sign up. (So you can get a share of the blockchain's profits without owning any of the BitShares yourself.)
Is this a decentralized coin or a gym membership?
Sounds like a top-down corporation to me.
Feel free to delete my post which I assume you will. I can copy it to an unmoderated thread.
Look what's going on with btc at the moment, thus why having a "corporation" may be positive. With DPOS, individual shareholders have a say in who, what, where, when, and why.
https://bitshares.org/technology/delegated-proof-of-stake-consensus/