Ah. I hadn't seen that. Thanks for the link.
Reading the text of that, my understanding is that the ITO has already ended unsuccessfully and that refunds are taking place in the form of a buy-wall for people to return their coin into.
Yes? No?
No, it hasnt failed. A wall has been set up for dumpers to dump, if that doesnt exceed a certain point were 850BTC cannot be maintained for the team, then blocknet wont go through. For now we r good.