What is IRR (TOMAN)?

IRR TOMAN TOKEN is an on-chain token pegged to the Iranian rial/toman, primarily issued on chains like BSC. It's a niche/high-risk project; based on public indications, the project has virtually no active operation and is essentially a "dead" or "zombie project."

I. What is IRR TOMAN TOKEN?

Based on the official website, exchange tutorials, and on-chain information:

1) Project Positioning (Self-Promotion):

The official website and agreement describe itself as a cryptocurrency token called IRR (Toman) Token, corresponding to the Iranian rial/toman. It emphasizes that this is a "crypto token" and repeatedly warns in the white paper that the token may become worthless; purchase is entirely at your own risk, and you may never receive the token.

2) Issuance Chain & Contract Traces:

A contract address and transaction records named "IRR: Toman Token" can be found on BscScan, belonging to the BEP-20 token category. Some trading platforms have published guides titled "How to Buy IRR (TOMAN)," indicating that it was once listed on certain DEXs.

3) Strong Disclaimer / High-Risk Warning:

The official terms explicitly state: the project team does not guarantee the token's use or value; the buyer may lose their entire investment; the project team even reserves the right to terminate the agreement by refunding only 75% of the purchase amount under certain regulatory circumstances. This wording is rare in legitimate projects and seems more like a "self-protective clause" that absolves all responsibility in advance.

Overall, it's essentially an on-chain token packaged with the concept of the "Iranian currency unit," not a truly stablecoin backed by any central bank, and lacks clear practical application scenarios. It resembles a highly speculative small-cap coin.

II. Is the Project Still Operating?

Based on several publicly available signals, it can be concluded that it is almost completely ceasing effective operation.

1. Extremely Low On-Chain Activity

Looking at the contract transaction records on BscScan, the most recent transactions are from early 2023 or even earlier, with almost no regular user transactions since then—a typical characteristic of "on-chain activity depletion."

2. Very Inactive Social Media Accounts

There's an account on Twitter, @IRR_Toman, with the bio mentioning CRYPTO TOKEN, but it has very few followers (only a few dozen), and posts are scattered, showing no consistent promotion, development progress, or community activity.

3. The Official Website/White Paper Constantly Hints at "Possible Dissolution"

The website's terms and conditions include a whole section about "future risks," stating that "the platform may dissolve, the website may cease operation, and the token may become worthless," essentially providing a preemptive warning about the project's potential failure.

4. Industry Opinion & Exchange Support

Currently, no major exchanges have listed the IRR TOMAN TOKEN. There have been no new announcements, development roadmaps, ecosystem partnerships, or technical updates, which is highly unusual for a project still operating seriously. Based on the above signals, it can be concluded that the project is in a state of "fact-shock/zombieization," and cannot be considered to be operating normally. Even if the contract still exists on the chain, it only means that "the on-chain code has not been deleted," which does not mean that the team is doing anything serious.

III. If you have or are considering buying this coin, here are a few very direct suggestions:

1) Do not treat it as a "stablecoin" or "fiat currency mapping."
Although the name is IRR/Toman, based on the terms and public information, it has no central bank or official guarantee, nor does it show a strict asset collateral mechanism, and it is not like a stablecoin like USDT/USDC.

2) Buying now is basically pure "speculation + counterparty risk."

With extremely poor liquidity, almost no project operation, and no new story to promote, the price fluctuations of this type of coin can be extreme. The most common outcome is getting deeper and deeper into losses, until no one is willing to take over.

3) If you already hold IRR/Toman,

first check the following information: which exchanges/DEXs can still trade it on; what is the actual trading volume and depth?

Assess the following information: Can you gradually sell without causing a severe market crash, even at a loss? If there's almost no buying pressure, treat it as a "sunk cost" and consider it zero in position management.

4) From a trader's perspective, it's also valuable to use it as a "negative example."

You can develop a checklist to "filter out junk projects" for these types of small-cap coins, such as:

Is there consistent on-chain activity and development updates?

Is there genuine interaction and transparent disclosure on social media?

Does the white paper/terms excessively emphasize "you might lose everything" without providing a reasonable business logic?

What is the exchange coverage and liquidity like?