This project is definitely a failed project. FIII raised about $ 10.7 million in its ICO, and the price of each FIII currency in this ICO was $ 0.12, but even the first prices recorded for this currency in coinmarketcap were around $ 0.04. This means that the investors in this ico have probably seen a lot of losses.
The current price of each FIII is about $ 0.0001, which is much less than the original price. Of course, this is not surprising, because this project is inactive in coingecko.
According to its markets section in coinmarketcap, only one pair in an exchange can trade this currency, which means that if that exchange decides, the currency becomes completely worthless.
The project's Twitter page has not been active for a long time, and its latest post is for 2019.
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