lol I'm pretty sure protoshares are related to Invictus Innovations' decentralized autonomous corporations/communities, henceforth known as DACs. They're taking the idea of decentralized coins and applying it to entire companies, which in theory, is pretty revolutionary.  The way they explain it, is for every ProtoShare you buy/mine/own, it will be converted to every new DACs share, which is why people are saying if you get ProtoShares, you will own Bitshares when that project is finished, and you'll own stock in any other new DAC that's released afterwards.  And so far there's quite a few planned including a decentralized Youtube.  Whether they'll be successful we've yet to know.  But I'm pretty impressed by the theoretical implications of it all.  Do I own PTS?  No.  Do I want some ... well sure.

Some of the things protoshares (Invictus) claim to accomplish are some of the same things Mastercoin are working on.  Bitshares is similar to Mastercoins decentralized exchange.  BUt they're both using different techniques to provide real time ticckers for virtual versions of real world assets such as a virtual USD or virtual Gold.  THere's an entire forum dedicated to Protoshares and Bitshare and the DACs.  If you want to learn more, check it out......you adorable lil' 5 yr old, you

https://bitsharestalk.org/