PANews reported on June 11 that Virtuals Protocol tweeted that a project recently launched on the platform highly imitated the original release of IRIS, causing some users to mistakenly invest 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 wallets, and $VIRTUAL will not be refunded because it is difficult to determine the transaction intention. The official reminds users to DYOR and verify the project information before participating.

According to reports yesterday, Virtuals launched the smart contract auditing agent "IRIS", with 50% of the total tokens allocated to the Ethereum community .