Ok, so you're going to collect 300+ millions (some 60%) of FIMK , right? what for...?
Your excellent question slipped by as I had addressed it on the FIMK forum, and it was quoted here on this forum too:
The FIMK option and its better rates compared to other HEAT credit purchase options are mainly a favor to reward the loyal FIMK stakeholders, and redeem the FIMK donations received in 2014 for a no-loss proposition for the patrons.
What is the purpose of collecting millions of FIMK?
To reward the FIMK holders. As we haven't been able to help to improve the FIMK market rate further, this arrangement gives FIMK holders the way to receive more value than the 160 satoshi per FIMK level they put in FIMK donation period.
It's significant amount of unspendable (or hardly spendable) assets, so you're actually reducing your ICO income.
Exactly. That's accounted for. We take the loss to offer a valuable option for FIMK holders.
It's not yet decided what will be done with the FIMK we collect. One quite likely option is that they will be burned ie. removed from the FIMK blockchain.
Do devs own any FIMK assets?
Assets, as in asset exchange? Or FIMK tokens? FIMK developers do own FIMK.
My guess is that HEAT devs together with FIMK devs (regardless if they're the same, or not the same guys) are trying to multiply their holdings with the new brand.
Collecting FIMK tokens is just for increasing their HEAT stake. If you could please explain why are you so nice to "reward the loyal FIMK stakeholders" with the HEAT tokens? What did FIMK holders do for HEAT? Why are they so special? If they want to take part in HEAT ICO, they should just accept their financial loss (from bad investment in FIMK), sell their tokens, and buy HEAT for BTC (as all other users do). What if HEAT will fail? Are you then going to introduce WARM coin, and reward both FIMK and HEAT holders with WARM tokens + collect some additional BTC and ETH?