RE: How to get your free BEOS

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How to get your free BEOS

in bitshares •  6 years ago  (edited)

Interesting. Looking forward to the rain.

Who is this Terradacs, and am I required to trust them as a 3rd party to transfer tokens to qualify for the raindrop offer?

Am I correct that I retain full ownership rights of tokens locked up under this offer?

Is any KYC / AML registration required?

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  ·  6 years ago (edited)

Terradacs is a private funding pool that has hired Dan Notestein's BLOCKTRADES.US team to implement Doc Brown's vision for real. Dan will set up a multi-sig escrow account to hold funds on one chain while their proxy tokens remain active elsewhere. Keys will be held by five formal trustees. This is a temporary arrangement until this duty gets handed pff to elected block producers and ultimately encoded in a trustless way if bts community votes to add that capability to bitshares. We aren't waiting for that. instead opting for a pragmatic hybrid approach, similar to how gold escrow is handled at Quintric.

You own all your escrowed funds and are issued digital receipts for them on non-native chains just like openBTC, et, al,

no kyc/aml.