Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*
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.
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.
Absolutely, I completely agree that they should be able to buy into the ICO with FIMK.
I just don't understand why it has to be more lucrative to buy in with FIMK than it is with BTC and why, even though all HEAT set aside for FIMK buyers was sold out, they still get the 1.45 multiplier
.Anyway, my concerns will obviously be ignored by the developers, so it's time to put the discussion to an end.
In June 2014, FIMK Investors donated 533 BTC for 348440015 FIMK = 0.00000153 BTC/FIMK
stage 1 - 0.00010 BTC/HEAT = 30 FIMK/HEAT = 0.00000333 BTC/FIMK
stage 2 - 0.00013 BTC/HEAT = 40 FIMK/HEAT = 0.00000325 BTC/FIMK
stage 3 - 0.00016 BTC/HEAT = 50 FIMK/HEAT = 0.00000320 BTC/FIMK
stage 4 - 0.00020 BTC/HEAT = 60 FIMK/HEAT = 0.00000333 BTC/FIMK
As you can see, people who believed in the devs, and held FIMK for 2 years since the ico, were given a 100% ROI
What alternative would you rather see? Give the FIMK investors a 0% ROI, after 2 years?
Giving FIMK investors a 100% ROI was clearly a good move. It builds trust with their earliest supporters and gives new investors the confidence to hold strong for years as well.