They can still conduct IEO in another exchange, they are about listing on bitrue. although the exchange is not well versatile as top exchanges like hobit, binance and co. it will be preposterous to see hacken another new emerging project go down so easily. the project looks young and has a lot of possibilities. ICO is still a possibility if they are unable to find another exchange for conducting IEO.
As far as I know, this project implemented an ICO in 2018. And recently they have continued IEO at Oceanx exchange. Although they have not completed IEO, their project is listed at this exchange, and most likely they will not extend IEO at other exchanges.