Utilitycoin will be moving forward regardless of the Great Halloween Drama of 2014.  I see nothing wrong with an investor putting his own BTC into a project to help build it into more than originally envisioned.

I understand the attacks on BlockNET - the other coin teams do not want to see 2,500 BTC taken out of the alt market when we are all already struggling. I dislike IPO also. From everything I know and see, the BlockNET project seems to be very real and not shady.  I've gotten to meet members of other coin teams and forge working relationships with them, as mentioned in the latest ANN update.

One of the bright points in this crazy unregulated altcoin gambling market is having a testing ground to try new ideas and new approaches to old solutions. Having a project to bring together the work of various coins and get them helping each other is good for cryptocurrency as a whole, I believe. This is not buying or selling advice, just my personal opinion.

UtilityCoin will be continuing work and releases and we applaud all those who held fast to their investments today.