Second Report from the BitShares Spokesperson on Various Issues
Web Site
The Foundation had previously discussed its desire to provide a website to be the "the one and only source of information for a potential owner of BTS and inform and educate all authorities and bodies involved." The decision has been made to use the site www.bitshares.foundation as the web site that will be prepared by the Foundation.
Legalities in the US
In order re-list the BTC:BTS trading pair, Bittrex Inc. required an accurate description of the BitShares blockchain and the Bitshares token (BTS), which was previously written by the Foundation one month ago, and needed it to be approved by legal counsel in the US. The Foundation has retained the firm Paul Hasting to do this. The Foundation will seek worker proposal to be approved to pay for this expense in the future.
The firm will also be tasked with asking the US SEC for a "non-action letter". The request will highlight that (a) BitShares had no Initial Crowd-sale (ICO), and (b) there is no reward policy for simply holding BTS.
Upcoming Graphene Conferences
There will be two conferences on Graphene coming up this year. One will be held in Shanghai in April/May, and another will be held in Amsterdam around September/October.
Distinction Between Two Entities
"The BitShares Blockchain Foundation (BBF), that stands behind http://bitshares.foundation, offers open mailing lists, publishes press releases, keeps contact to exchanges and operates multiple workers for the community with highest transparency yet to be found a second time anywhere the entire crypto ecosystem."
"The BitShares Foundation (BF), which is in existence even longer and offers what is called multsignatory contracts by means of Escrow, e.g. for an ICO, for parking funds before release, or for parking funds in a disputed situation to put the matter of available funds at rest."