Virtuals releases I.R.I.S. counterfeit project risk warning and distribution of one-time refund

PANews reported on June 11 that Virtuals Protocol tweeted that a project recently launched on the platform highly imitated the original release of I.R.I.S., causing some users to mistakenly invest Points and $VIRTUAL in the counterfeit project. As a decentralized platform, Virtuals will not censor or delist projects unless the basic terms are violated. However, considering the confusion of users, the platform will issue a one-time full refund of Points to the relevant wallet, $VIRTUAL it is difficult to determine that it will not be refunded due to the intention of the transaction. The official reminds users to be sure to DYOR and ensure that the project information is verified before participating. Yesterday, it was reported that Virtuals launched the smart contract audit agent "IRIS", with 50% of the total token supply allocated to the Ethereum community.

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