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

Virtuals Protocol tweeted that a recently launched project on the platform highly imitates the original release of I.R.I.S., causing some users to mistakenly place Points and VIRTUAL in the counterfeit project. As a decentralized platform, Virtuals will not review or remove projects unless they violate basic terms. However, considering user confusion, the platform will issue a one-time full refund of Points to the relevant wallet, and VIRTUAL will not refund due to difficulty in determining transaction intention. The official reminds users to use DYOR to ensure verification of project information before participation. Yesterday, it was reported that Virtuals has launched a smart contract audit agent called "IRIS", with 50% of the total token allocated to the Ethereum community.