Even though they didn’t make bounty distribution yet, it's been a long time bounty ended. I know that they developed many things their smart chain converted Tezos to ERC-20 also token swap.
This potentially to be the next dead project for sure. I may wrong about this but i have heard the team was distributing the bounty but it's only very small amount of tokens to the hunters. CMIIW.
The pump that happened on bitforex is just a common pump and dump game. There's no volume on the bitforex and this is also a garbage exchange site.
If they are still running development and is not it the team still alive?
I thought it was already a scam, Impact it was last year bounty project bounty manager didn’t updated spreadsheet but recently i have seen their spreadsheet. I am participated 1st round signature campaign but i haven’t received payment. I don't know why i miss if they distributed. I don’t see good activity in their discussion group. They should list bigger exchange to make large trading volume.