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![virtuals_io Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1438365197505232902.png) Virtuals Protocol [@virtuals_io](/creator/twitter/virtuals_io) on x 276.5K followers
Created: 2025-06-11 12:49:06 UTC

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.


XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1932782141987041549/c:line.svg)

**Related Topics**
[virtual](/topic/virtual)
[decentralized](/topic/decentralized)
[asset allocation](/topic/asset-allocation)
[protocol](/topic/protocol)
[virtuals](/topic/virtuals)
[$virtual](/topic/$virtual)
[coins solana ecosystem](/topic/coins-solana-ecosystem)
[coins base ecosystem](/topic/coins-base-ecosystem)

[Post Link](https://x.com/virtuals_io/status/1932782141987041549)