IS SOLSWAP A REAL SOLANA PROJECT?

Hello I’m wondering if anyone can tell me if this Solana solswap ICO is real? I was looking for a few other Solana ico’s I have since invested it also but came across this one on 3 different ICO sites so I finally checked it out and it seemed legit and white paper was ok not a technical and we’ll put out as other Solana ones but I didn’t think much about it till a solscan showed two red flags it’s mutable and ownership is not renounced.. I brought it up on the telegram page that is also a little weird considering there’s only like 30 something people in it compared to other Solana ones where there’s a ton more!? Anyway the team member from solswap told me it’s just because it’s a unreleased coin. Anyone n ow anything on this project or if real? Or was is a very well established rug pull? It’s been going for sooo long tho??