Genesis Risk Management Notice: I.R.I.S. Confusion
A project has recently launched on Virtuals that closely replicates the branding and naming of the original I.R.I.S. launch. Some Virgens have mistakenly bid Points and $VIRTUAL on this project.
As a permissionless and decentralized platform, Virtuals Protocol does not censor or remove projects unless they violate fundamental terms. However, given the rise of new participants and in light of recent confusion, we are issuing a one-time full Points refund to wallets that bid on the duplicate I.R.I.S. project.
Please note:
•Only Points will be refunded.
•$VIRTUAL will not be refunded, as it is difficult to determine transaction intent with precision.
We strongly advise all Virgens to DYOR (Do Your Own Research) before participating in any launch. Always verify project details through official sources, and stay vigilant.
Virtuals will continue to support a fair, open launch environment while taking selective measures to protect ecosystem trust.
Stay Virgen. Stay safu.
Genesis Risk Management Notice: I.R.I.S. Verified, Points Refunded
The official I.R.I.S. launch is now verified to prevent confusion with similarly named projects.
To protect the ecosystem, we’ve issued a one-time Points refund for Virgens who pledged to an unverified project using the I.R.I.S. name before 20:51 SGT / 12:51 GMT, when the verified launch badge and official announcement were published.
1,067 unique wallets
1,100 pledge records
28,057,224 Points refunded
Virtuals Protocol remains a permissionless platform, but we take community protection seriously. Always DYOR. Stay safe.

@Carlitoswa_y
Genesis Risk Management Notice: I.R.I.S. Confusion
A project has recently launched on Virtuals that closely replicates the branding and naming of the original I.R.I.S. launch. Some Virgens have mistakenly bid Points and $VIRTUAL on this project.
As a permissionless and decentralized platform, Virtuals Protocol does not censor or remove projects unless they violate fundamental terms. However, given the rise of new participants and in light of recent confusion, we are issuing a one-time full Points refund to wallets that bid on the duplicate I.R.I.S. project.
Please note:
•Only Points will be refunded.
•$VIRTUAL will not be refunded, as it is difficult to determine transaction intent with precision.
We strongly advise all Virgens to DYOR (Do Your Own Research) before participating in any launch. Always verify project details through official sources, and stay vigilant.
Virtuals will continue to support a fair, open launch environment while taking selective measures to protect ecosystem trust.
Stay Virgen. Stay safu.
311.45K
2.83K
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