Bitcoin Forum

What happened:Ethereum Fire took content from several different sources in order to make their own project. They didn't make ANN here for now, but their ICO just started and they are listed on several ICO tracking sites like ICOmarks (https://icomarks.com/ico/ethereum-fire-insurance) where their project caught my attention today, while checking something else.


Flag Type 1
 https://bitcointalk.org/index.php?action=trust;flag=2282

Website:https://www.ethereumfire.com/
Archive: https://web.archive.org/web/20200331202627/https://www.ethereumfire.com/

Whitepaper:https://drive.google.com/file/d/1QlhOWUTEvSd5siaDADBEOzgKHNESSAmN/view
Archive:https://web.archive.org/web/20200331203052/https://drive.google.com/file/d/1QlhOWUTEvSd5siaDADBEOzgKHNESSAmN/view




Proof of plagiarism

On the left side is ETHFI, and on the right original, SGC
Source (http://zaelaninews.blogspot.com/2019/10/sgc-gold-backed-secured-stable-usable.html)
https://i.postimg.cc/TPR1w8Vt/proof1.png


Here they copied from Mckinsey
Source (https://www.mckinsey.com/~/media/McKinsey/Industries/Financial%20Services/Our%20Insights/Digital%20insurance%20in%202018%20Driving%20real%20impact%20with%20digital%20and%20analytics/Digital-insurance-in-2018.ashx)
https://i.postimg.cc/B65XQqy7/proof2.png


And here they took content from Indian government agency
Source (http://www.policyholder.gov.in/Why_buy_Life_Insurance.aspx)
https://i.postimg.cc/nc9Ns0p7/proof3.png

This is surely a scam they aren't even showing any information for their team both on their website as well as their plagiarized whitepaper. Their whitepaper cannot even be called as a whitepaper as it looks like a presentation made from Powerpoint which is really humorous to see. It's a good thing that they don't have an ANN thread here yet and I'm surely gonna wait for it so that I can report it back to the DT members.

I will add a whitepaper that copies Ethereum fire in the whitepaper.

Obviously this is a blow with the guise of luring these tokens will be listed in Binance and Hitbtc while they rely on ICO in collecting funds.

I hope nobody invests in this project.

Source (https://www.splashbank.com/new-page)

https://i.gyazo.com/049511837933377484a8124c76b18ed4.png

Here he is, the ANN thread just published yesterday

Profile Link: support@ethereumfire.com (https://bitcointalk.org/index.php?action=profile;u=2847885)
ANN Thread Link: https://bitcointalk.org/index.php?topic=5272460

Their whitepaper content is 75% plagiarized, they just added a few graphics, no explanation of their original idea.

Other proof that I found,
Open images in new tab

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Plagirized content from https://www.facebook.com/lifeinsuranceclaimservices/posts/708778062810357
https://i.imgur.com/Gv3RGzl.png

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Plagirized content from https://www.gi-de.com/en/sg/mobile-security/industries/public-sector/smart-health-cards/
https://i.imgur.com/q2Ma3kW.png https://i.imgur.com/R2jit32.png

---

Plagirized content from https://www.policyholder.gov.in/How_To_Make_a_Claim__Health.aspx
https://i.imgur.com/H2X9r6w.png

So they decided to advertise on bitcointalk, but obviously didn't know that they have been busted since March. Thanks for letting me know!

From what I can see by looking at their current whitepaper they still have that old plagiarized  content, nothing changed in that regard even after all those month. If they were legit at least a bit, they would change that, but obviously their sole purpose is quick money grab, therefore I tagged and flagged support@ethereumfire.com (https://bitcointalk.org/index.php?action=profile;u=2847885).

Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=2282