Bitcoin Forum

ICO Name: MICA

ANN Thread: https://bitcointalk.org/index.php?topic=5106893
Archived: https://archive.is/8xZtn
Bounty Thread: https://bitcointalk.org/index.php?topic=5110437.0
Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=2461478


Scammer Website: https://www.microcaplist.com/index.html
Archived: http://web.archive.org/web/20190219032620/https://www.microcaplist.com/index.html
Whitepaper: https://www.microcaplist.com/papers/whitepaper.pdf
Archived: http://web.archive.org/web/20190219032448/https://www.microcaplist.com/papers/whitepaper.pdf

Reason: Whitepaper plagiarized from "Escrow-coin.com"
Source: http://escrow-coin.com/img/EscrowCoinWhitepaper.pdf
And I found Info for ESCROW-COIN: PROJECT IS SCAMMED AVOID THEM (https://bitcointalk.org/index.php?topic=3013252.0)
ANN for Escrow-coin (https://bitcointalk.org/index.php?topic=2801501.0), also Negative trust.

Comparison below. In order from the top down. MICA >> Escrow-coin.

https://i.imgur.com/ufIHyty.png

https://i.imgur.com/TnbsrjZ.png


Reason: Whitepaper plagiarized from "Bch-project.io"
Source: https://www.bch-project.io/Whitepaper/

Comparison below. In order from the top down. MICA >> Bch-project.

https://i.imgur.com/5iR4gIG.png

https://i.imgur.com/LXYB4to.png

In addtion, when I access website to find more information of the TEAM.
Two members of this project (below) can't access in their Likedin.
https://i.imgur.com/9UXnnec.png

Facebook of MICA have created on 17th Feb 2019? Really ???: https://www.facebook.com/pg/micalistofficial/ads/?ref=page_internal

thank you, I've contacted team to clarify this problem. bounty thread for whilst I lock and will unlock until this problem clear

Did you do any due diligence before you start to work as their bounty manager? If yes, would you mind sharing the result here?

---

Btw, it seems like you've started or managed a lot of bounties recently, one of them include the previous FIX Token that is also being accused as a scam project.

Really you deserve red tag since there is multiple accusation against you include FIX Token (https://bitcointalk.org/index.php?topic=5099634.0). This last excuse for you and I left neutral feedback for now. I will leave negative feedback if I see more accusations against you. You are wasting time of hunters for your own greedy nature. You have not research yourself before start any project although there is old accusation against you. So take care next time.

Thanks for the timely warning. I stopped participating in this campaign. There are enough people involved in investigating scams here. Why don't managers contact them before promoting? Why not?

I left negative feedback, will review it in a month or so. Once can be forgiven but twice isn't imo. Especially since he was already aware of the first scam he promoted. I would expect a bounty manager to carefully review new projects after that.

I have a bad feeling about this project right from the very start but I gave it the benefits of the doubt. Oh well, this is not surprising even just reading the kind of project it is into. Good thing this is unearthed so wwe could not be wasting our time, effort and some resources promoting something that will eventually just be another one that bite the dust. I am thankful for people who are always investigating projects so we can expose them here and spare members from frustrations and lost time.

I never know it would scam or not, and I always lock bounty thread of each project that has problem ... I hope you will delete redtrus and I'll be more careful in running project

On January 20th you replied in the FIX scam accusation: https://bitcointalk.org/index.php?topic=5099634.msg49327477#msg49327477

On February 15th you posted the MICA bounty topic, another scam project.

Obviously you're not putting any research in the projects you are promoting, enabling them to scam people out of their hard earned money. As I said, I'll review the negative feedback in a month or so but I highly advise you to do THOROUGH research on projects you are creating topics for.

Some managers do their DD, some don't.


You should at least do your DD. This is not the first time people join a scam project being managed by you (and the sign is clear enough, plagiarized WP should be easy to find). If you're really serious being a bounty manager then you should be prepared if something like this happens. If you want to avoid it, then do some DD (at least check their team, and their WP, etc).

Locking a thread is not the issue. The issue is the bounty hunters' time that has been wasted just because you did not take enough time to do background checks on the projects you are going to promote.
Prevention is better than cure.

Because I used to spend too much time working but met a scam project. I do not want people like me.
I will continue to search for a scam to warn everyone.

He has made two mistakes by becoming a bounty manager on a deceptive project. I think he is indeed not careful or may be the part of the fraudster. Every bounty manager must be given decisive action, because they are the ones who bring anger to investors and bountiers, they also contribute to the bad image of the world development of blockchain and cryptocurrencies.
If they are given a second chance, then there is hope to repeat the same method.
We must maintain that blockchain and cryptocurrencies are the future that must give full trust to the community.

Why the project manager does not care, read, look for him, instead of wasting our time in these fraudulent projects, thank you so much for your interest.

 MICA ico is not scam as pointed at this thread

if we take a look at the reasons, it will be cleared that is not scam any where

#1 The plagiarism

The plagiarism is detected at 2 paragraphs that not related to the main content and idea of white paper

A. The definition of (What is escrow), it is just a definition which can be used ant many documents, articles or white paper when review the basic expressions the white paper use, and writers have some definitions use them repeatedly.

 
B. Part of the disclaimer, the disclaimer is very slandered and some disclaimer points can be similar at many projects, it is standard in common and away to be a reason to call a project to be scam

 
Generally, the idea of the project and white-paper all are unique and new and not connect by any way to escrow coin or any other coin,

#2 linked-in of 2 of the team members

It updated correctly,  website connections were still under checking and update when you tried to go to linked-in. The team members all are real pictures and identity and ready for any verification by anyone.

 
We know you try to detect scam projects which affect more investors and appreciate that control, but we also want to clarify the project situation and confirm the reality of team members and the unique content and idea of the project.

You were wrong, with other projects, if they were a real project, you wouldn't be able to find any plagiarism, because they actually composed whitepaper.
Even the part of the disclaimer statement, their sentence will be different.

I spent a lot of time comparing, in other projects I couldn't find any suspicions in their whitepaper. They don't take the definitions that are available online to add to their whitepaper.

Anyway, your project has plagiarized, you get negative points not because of me but by the community.

LOL.

Every time I open the Announcements board I can always find at least 1 or 2 projects with a plagiarized white paper. So, my question is, do all of these deserved to be tagged as scam projects?

My rule of thumb is, it depends on which parts are being plagiarized. Of course all of it is bad and if you were in college you could be expelled without at least crediting your sources, and putting "quotes" around the parts you "referenced."

Is the common standard that plagiarism should always result in a red tag for the ICO promoter? I'm just curious.

The bounty manager locks the thread so the bounty hunters just start posting their reports in the Scam Accusation thread for the bounty they are supporting.

Unreal how brain dead some people are.  ::)

Maybe the moderator will take care of them for spamming (?)


(edited)

When searching for plagiarism we don't count the "Legal Disclaimer" since many projects just use the same format.
But everything else that is found, if it is not original and doesn't have a source, we will consider as plagiarism.
Using someone else whitepaper is an indication of a possible scam.  There other factors to consider along with the plagiarized whitepaper to call a project a scam.

From MICA team,

MICA project is real and do not aim to any kind of scam, we already clarified the issue but may be some try to win more trust points on bitcointalk without detailed check, it is hard work to call an ico to be finally scam because every project surly had hard effort by its team. We must differentiate between mistakes may be done by writer or any other mistalk and between scam. Scam projects do not have real team identity and unique idea.

For all those reasons and because we as a team actually paid great effort for this project and believe it its success, we will continue campaign through MICA Telegram, all previous participants will be rewarded their bounties and also can join through the new one on telegram (will be announced on Telegram announcement channel). if you choose to support us, you are welcome

MICA presale will start as planned and the project will be directed only for success, you can now join presale registration list before presale start.

 

No thanks. If I were investing in ICOs (I don't), I would immediately move on to another one that didn't plagiarize their white paper.

I pulled up a random paragraph and sure enough, it was also plagiarized.

From your white paper:


From another ICO white paper (https://www.eblockcoin.io/uploads/whitepaper/whitepaper_1542301348.pdf):


By the way, detecting plagiarism isn't necessarily deserving of positive trust points, but offering an ICO with a plagiarized white paper is deserving of negative ones.