It was a great move to give FIMK holders a buyout. Just like Lisk gave Crypti holders a buyout.
Imagine if years from now the heat devs switch to a new project with a new ico. And they are building the new project on the heat tech, which you paid for with your heat investment and also the opportunity cost of holding heat for years and trusting the devs to deliver.
You would surely be demanding that heat investors receive a buyout from the new project ico in that situation.
+1
I wish jl777 and Sasha from waves took this option of letting 'old' investors exchange for a stake in 'new' ventures. I'm not saying those guys are scammers, but both have created new projects that haven't really honored commitments to previous investors
jl777: from NXTventure > InstantDEX > BTCD > SuperNET > crypto777 .... if you invested in NXTventure back in early 2014 and none of the later assets your share in jl777's enterprises has been diluted into oblivion, same for InstantDEX, but less so. SuperNET & BTCD bagholders have bled the NXTventure & InstantDEX stakeholders share in 'jl777 inc' down by at least 75%.
Sasha from WAVES is basically doing the same thing, diluting previous investors in his many NXT assets share of his WAVES 'empire' down to peanuts. There was a swap, but it wasn't made clear during the WAVES ICO that the coinomat operations were being sold or abandoned, and not included in WAVES platform. Obviously insiders like jl777 were told (he exchanged all his coinomat bases assets for WAVES), but afaik regular guys didn't hear of these plans until after the WAVES ico finished
I like that FIMK bagholders were offered a parachute in full view.