FM-1 is an interesting case study. From what I understand, M-Vave saw what the community was doing with their device, and decided to go along with the flow by releasing an official SDK and a new "open" groovebox firmware, in addition to this Workbench tool.
Right now, designing and mass-producing hardware is still a bit specialized, but creating software isn't. They have decided to embrace life as a creative hardware platform.
I think that's what happened, but follow-up.. if one orders an "FM-1" from AliExpress, does the China-based company M-Vave make any money from the sale?