the telegram admin told me that will there be a big announcement on this week and hopefully this isn't nonsense from them. so far there is still no update from the website and how much money they have collected is still unknown. one again, exchange they will launch is also still a to be question mark.
We have not collected any money. Not a cent from anyone, We created a new announcement thread but decided to stick with the original. We decided to do an IEO to raise funds so that we can run the exchange.
We do have a service on our platform where other coins can host IEO's projects.