is there any news coming on this project...i thought they have a good plan
It is hard to say. At the very beginning, the developer was very actively promoting the platform, but now somehow this process is no longer so noticeable.
Now there are quite a lot of different projects with e-commerce loyalty program on the blockchain and for IOU they will be a serious competition , so the team needs to think very well about their marketing to advertise their platform .
But this platform seems different as well as more relevant to other platforms. So they have the advantage of this things and promotions will play a big role to get the platform more popularity.