Bitcoin Forum

Economy => Scam Accusations => Topic started by: morvillz7z on December 24, 2019, 05:13:39 PM



Title: EtherArc Token - fake team member, plagiarized content!
Post by: morvillz7z on December 24, 2019, 05:13:39 PM
What happened: EtherArc Token have at least one fake team member, also parts of their website/whitepaper are copy-pasted.

Reference Link: https://www.etherarctoken.com

Announced by: EtherArc Token (https://bitcointalk.org/index.php?action=profile;u=2736585)

ANN: [ANN]EtherArc Token - An utility token that will be used for business purposes. (https://bitcointalk.org/index.php?topic=5212137.0)

Flag 1: https://bitcointalk.org/index.php?action=trust;flag=1108

  • EtherArc Token have content on their website plagiarized from a minimum three different projects.
  • They have at least one fake team member.
  • Their website is less than a week old.
  • Comparing both Payeercoin (scam) and EtherArc Token website i'm almost 100% sure it is run by the same people.

Domain Name: ETHERARCTOKEN.COM
Registry Domain ID: 2469083073_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.meshdigital.com
Registrar URL: http://www.domainbox.com
Updated Date: 2019-12-19T00:00:00Z
Creation Date: 2019-12-19T00:00:00Z

https://i.ibb.co/5chJ2Lt/akkr1.png (https://i.ibb.co/5chJ2Lt/akkr1.png)




Akira Makoto (Manager & ERC_20 Blockchain Specialist) = Michael Sasaki (Actor)

https://i.ibb.co/N3kbLYc/rekog.png (https://i.ibb.co/N3kbLYc/rekog.png)

https://www.imdb.com/name/nm7916384/
https://twitter.com/michaelisready



Plagiarism

Etherarctoken(ETT) is the world's first utility token, serving needs and providing solutions to make payments or make any money transactions whenever and wherever you travel, utilize the latest technology that promotes efficiency and accountability. Etherarctoken will be built on the Ethereum Blockchain platform using its smart contract technology.

BisMillahCoin (BMC) is the world's first Sharia-compliant utility token, serving needs and providing solutions to at least 1.8 billion Muslims, utilizes the latest technology that promotes efficiency and accountability. BisMillahCoin will be built on the Ethereum blockchain platform using its smart contract technology.

ETT is equal to dollars or coins like physical currency. However, what makes it unique is that it allows for instant transactions and border transfers of ownership. Since all payments are processed through secure servers, users do not need to worry about anything at risk, this is the most user-friendly system that allows you to have confidence and control over it. The ETT is accessible and available wherever and whenever you need it, no limits, no borders, which means you can transfer the ETT directly to your friends and family at no charge.

BMC equals dollars or coins like physical currency. However, what makes it unique is that it allows for instant transactions and border transfers of ownership. Since all payments are processed through secure servers, users do not need to worry about anything at risk, this is the most user-friendly system that allows you to have confidence and control over it. The BMC is accessible and available wherever and whenever you need it, no limits, no borders, which means you can transfer the BMC directly to your friends and family at no charge.

The Economist scholars think that when a person gives out, the funds are used to create either a debt or an asset. There is no justifiable reason for a debt or an asset in the first case why lenders should get a return? Moreover, there is no justification from the point of view of the economy running smoothly, or from any tenable scheme of social justice. Regardless of the state, unconditional commitment should be tried the use borrowed money. If this money is used to create additional capital assets, the question is why the lender should be entitled to only a small fraction (represented by the interest rate) the exchange value of utilities made with non-loan money. The trial claimed that should be remunerated to the extent his financial capital is involved in creating increasing wealth.

Muslim scholars think that when a person gives out, the funds are used to create either a debt or an asset. There is no justifiable reason for a debt or an asset in the first case why lenders should get a return? Moreover, there is no justification from the point of view of the economy running smoothly, or from any tenable scheme of social justice. Regardless of the state, unconditional commitment should be tried the use borrowed money. If this money is used to create additional capital assets, the question is why the lender should be entitled to only a small fraction (represented by the interest rate) the exchange value of utilities made with non-loan money. The trial claimed that should be remunerated to the extent his financial capital is involved in creating increasing wealth.




https://i.ibb.co/J2j49v4/wp1.jpg (https://i.ibb.co/J2j49v4/wp1.jpg)

https://i.ibb.co/C95ktDw/pwp2.png (https://i.ibb.co/C95ktDw/pwp2.png)

https://icobench.com/ico/payeercoin





Archive of the website: https://web.archive.org/web/20191224171050/https://www.etherarctoken.com/
Archive of the ANN: http://archive.md/wip/35wKo
Archive of the whitepaper: https://web.archive.org/web/20191224171138/https://www.etherarctoken.com/whitepaper/whitepaper.pdf


Title: Re: EtherArc Token - fake team member, plagiarized content!
Post by: stompix on December 24, 2019, 05:22:02 PM
Only one small thing to add, the image is taken from his Instagram, here's the full picture

https://www.instagram.com/mikeisready/
https://www.instagram.com/p/Bz2T7iCgPme/





Title: Re: EtherArc Token - fake team member, plagiarized content!
Post by: masulum on January 01, 2020, 01:06:05 PM
Look, they are made a change of their team very fast

https://i.ibb.co/L1D9z4s/image.png (https://ibb.co/5LXsWqJ)

Archive: https://web.archive.org/web/20200101130403/https://www.etherarctoken.com/


Mahmudur profile on fiverr https://www.fiverr.com/mahamudur6242
Short summary of his profile on fiverr:
Quote
I am an expert graphic designer and SEO. I am working in a renowned company as graphic design expert. I am very friendly you can ask me any kind of question. I am very honest to my work and punctual.


Title: Re: EtherArc Token - fake team member, plagiarized content!
Post by: Theb on January 01, 2020, 07:08:04 PM
Look, they are made a change of their team very fast

Mahmudur profile on fiverr https://www.fiverr.com/mahamudur6242
Short summary of his profile on fiverr:
Quote
I am an expert graphic designer and SEO. I am working in a renowned company as graphic design expert. I am very friendly you can ask me any kind of question. I am very honest to my work and punctual.

Probably a damage control on their part in order to save their scam project so I wouldn't be surprised if they would reason out that this is due to a mix up on one of their department uploading the “wrong” photo. Another thing I'll see coming is that the plagiarized whitepaper is due to it being “outsourced” from a third-party and their only fauly what not double checking it. Anyways I have supported the flag as I see no alibis or excuses conving me on opposing it.