So, 'Blocknet' is in the above announcement subject for NHZ. What's going on with blocknet? I've been reading a lot about it being a scam and such. Is that news FUD? Probably not a good idea to associate NHZ with blocknet if it's a no go imo.
http://www.coinssource.com/interview-with-dan-metcalf-regarding-recent-blocknet-concerns/This interview answers a lot of Blocknet related questions. It's not a scam, and it is strictly FUD. If at the end of the ITO, Blocknet fails to raise the 850 BTC minimum, then the project will be cancelled. If the project meets its BTC goals, then Horizon will receive an initial amount of BTC, and anything past that, will require formal fund requests that will be held in escrow.
It was all orchestrated FUD from trolls of a specific coin. Everything was debunked, and things are moving along. I have no doubt in my mind that BLOCK will achieve their minimum requirement for funding and will move forward. BLOCK is not a scam. If you follow Dan and/or XC you know that he delivers. I have no doubt that he will deliver on BlockNet and it will be a force to be reckoned with. Timelines may be a little bit of an issue for most people, but everything is outlined in the BlockNet summary PDF.
IMO, NHZ will benefit from blocknet in the long-run. It will bring more people over to the asset network because if you own BlockNet tokens, they will be exchanged for assets on NHZ. More traffic = more buyers. Once the latest wallet is completed, it opens NHZ up onto more exchanges, again increasing traffic.
Hearing that the NHZ raised from BLockNet exchange are staying as NHZ assets and not being transferred to BTC is encouraging. That can be used for bounties or whatever down the road. Basically it's 32 million coins off the market for now!