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1  Economy / Scam Accusations / Re: [WARNING] Torch-network Plagiarized Website Contents on: September 01, 2020, 02:37:38 PM
Recently this project launched a bounty and I don't know if this is legitimate or not its obvious to me if a project has done plagiarizing the whitepaper of another project is likely not a legit project.

Bounty; https://bitcointalk.org/index.php?topic=5272653.0
Archived; https://archive.is/0mgYF

Flags: https://bitcointalk.org/index.php?action=trust;flag=2277

The whitepaper had not update,where Ican plagiarizing? are u come from the spark?
2  Economy / Scam Accusations / Re: [WARNING] Torch-network Plagiarized Website Contents on: August 30, 2020, 01:24:52 PM
At first, our production team really appreciates the web style of the defipie.
Secondly, in a strict sense, we only include a majority of features to the defipie, and there are many more features we are developing, including the lucky transfer mechanism and unsecured loan, which will be detailed in the whitepaper.
That's not the reason for you to copy the content of another project, using the same template or hiring the same web developer is enough, though

Our team has stated that we are using the best technology on the market, Our technical team has reviewed their code and approved it
Torch is not a open scam accusation, we collect the ETH by the smart conctract,you can check the code .
you can submit your question in our Telegram,we would answer your question quickly.
Nowadays everyone can create their own smart contract easily, it does not prove anything at all. Moreover, you did not embed your Github on the site how everyone can verify it if there's nothing there?

we want add a Eflation mechanism of Lucky system ,you can read our medium
Why need to post in another medium account, what's going on with the old one? Suspended?
Code:
https://medium.com/@Torch_network


We welcome your continued oversight of this project, ICO smart contract could create easily by everyone,but our token was control by the smart contract,we would upload our contract code recently.
You can read our article in the office Medium now!
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀🚀Ťorch-Innovation DeFi Platform🚀🚀 on: August 30, 2020, 01:16:51 PM
We also can explain the same concept in different words, but would it have any different?

Yes! Now you're getting it.
What you did is called plagiarism. Look it up in the dictionary, I'm not paid to be your teacher.

besides, Smart conctract don't need your trust,you can check the code if it's safe. all token would release by the rules of code.


Your code, your rules...


I had said that we release our project by ICO Smart contract.
I can understand you don't have the enough knowledge to understand the Smart contract,
when the ICO begin?when the dev team's token release? when the bounty token unlocked?
everything would excutived by the Contract. Don't smear us with your ignorance
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀🚀Ťorch-Innovation DeFi Platform🚀🚀 on: August 30, 2020, 07:26:10 AM
There is an open scam accusation against Torch-network. Plagiarized website contents: https://bitcointalk.org/index.php?topic=5272124.0

Doesn't hurt to be cautious regarding this project, that's all.


At first, our production team really appreciates the web style of the defipie.
Secondly, in a strict sense, we only include a majority of features to the defipie, and there are many more features we are developing, including the lucky transfer mechanism and unsecured loan, which will be detailed in the whitepaper.

None of this, actually, answers the question at hand. Why did you steal the content of another project for your website? This is not the way legitimate projects work.

Our team has stated that we are using the best technology on the market, Our technical team has reviewed their code and approved it
Torch is not a open scam accusation, we collect the ETH by the smart conctract,you can check the code .

Anyone can create a smart contract, that doesn't prove that you aren't trying to scam you investors.

you can submit your question in our Telegram,we would answer your question quickly.


Since you decided to promote your project on bitcointalk, I prefer to ask questions here.



we can provide the same technology but couldn't said the same things?  Inovation was basic on the technology of Market ,so adopt the technology is a behavior of steal?
so all DEFI project was steal the concept from the guys who provide the Idea?
 We also can explain the same concept in different words, but would it have any different?

besides, Smart conctract don't need your trust,you can check the code if it's safe. all token would release by the rules of code.
5  Economy / Scam Accusations / Re: [WARNING] Torch-network Plagiarized Website Contents on: August 30, 2020, 06:46:58 AM
What do you have in mind when you say our project is an open scam without asking us any questions?
Question is simple: why is your whitepaper a complete copy of another project's whitepaper?

This is not a 5th grade science project where you ask your seniors to provide their laboratory files so you can copy and just change the names from them and get an easy A on the project.

This is supposed to be a professionally competent project, as far as DeFi is concerned but I highly doubt that. Majority of the stuff posted in the accusations are true and you guys are such pieces of scum that you fool users and take their hard earned money. You deserve to have a red flag on your accounts so that people are warned of the same.
Are u kidding me ? Our Whitepaper had not update in our Website
Besides, I had said that our project was an innvation platform which basic on the other project.
we want add a Eflation mechanism of Lucky system ,you can read our medium

6  Economy / Scam Accusations / Re: [WARNING] Torch-network Plagiarized Website Contents on: August 30, 2020, 04:32:49 AM
Although they were able to launch a whitepaper no doubt it just copying from others' work.

To be honest I didn't forget to create the flag just still not confident on how
Anyway flag created already, support/oppose: https://bitcointalk.org/index.php?action=trust;flag=2271


Hopefully I am not creating the wrong flag


At first, our production team really appreciates the web style of the defipie.
Secondly, in a strict sense, we only include a majority of features to the defipie, and there are many more features we are developing, including the lucky transfer mechanism and unsecured loan, which will be detailed in the whitepaper.

Our team has stated that we are using the best technology on the market, Our technical team has reviewed their code and approved it
Torch is not a open scam accusation, we collect the ETH by the smart conctract,you can check the code .
you can submit your question in our Telegram,we would answer your question quickly.

What do you have in mind when you say our project is an open scam without asking us any questions?
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀🚀Ťorch-Innovation DeFi Platform🚀🚀 on: August 30, 2020, 04:20:46 AM
There is an open scam accusation against Torch-network. Plagiarized website contents: https://bitcointalk.org/index.php?topic=5272124.0

Doesn't hurt to be cautious regarding this project, that's all.


At first, our production team really appreciates the web style of the defipie.
Secondly, in a strict sense, we only include a majority of features to the defipie, and there are many more features we are developing, including the lucky transfer mechanism and unsecured loan, which will be detailed in the whitepaper.

Our team has stated that we are using the best technology on the market, Our technical team has reviewed their code and approved it
Torch is not a open scam accusation, we collect the ETH by the smart conctract,you can check the code .
you can submit your question in our Telegram,we would answer your question quickly.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀🚀Ťorch-Innovation DeFi Platform🚀🚀 on: August 29, 2020, 05:24:36 PM
Telegram is not working or you give me wrong adress.
I am sorry about this ,it had been re-edit,
or open it by https://t.me/Torch_network
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀🚀Ťorch-Innovation DeFi Platform🚀🚀 on: August 28, 2020, 03:11:11 PM
RESERVED
10  Alternate cryptocurrencies / Announcements (Altcoins) / 🚀🚀Ťorch-Innovation DeFi Platform🚀🚀 on: August 28, 2020, 03:03:17 PM
Torch-network


WEBSITE  ||  TELEGRAM   || TWITTER   || MEDIUM



ABSTRACT


  • Torch-network is a platform which combines Lending-as-a-Service (LaaS)、Liquidity Pool-as-a-Service (LPaaS) with Staking-as-a-Service (SaaS).
  • Decentralized Finance (DeFi) is one of the most quickly growing innovations in financial services. Torch aims to create an open financial system to everyone which don’t need to rely on central authorities.
  • Torch network aims to innovate DeFi through blockchain-based credit loans (including small loans and unsecured loans), thereby improving global access and gaining consumer trust, making DeFi financial solutions available to most users, and further Expand the user base of DeFi services.




ADVANTAGE



Torch adopt the best features of other protocol while providing its own unique features, enabling users to enjoy the promise of decentralized finance.




  • Lenders and borrowers can lend or borrow crypto assets by the anonymous way without registration or KYC.(inclube unsecured loan)
  • Investors, traders, and speculators can offer their idle capitals as custom pools with a fixed rate for lending.
  • Liquidity miners can provide assets to existing asset pools with an annual percentage return rate of up to 115% and manage Torch DAO by the vote of token .
  • Users can also stake PoS-based assets in existing pools to earn staking rewards according to the underlying protocols.
  • In addition, the governance token of Torch has a transfer burning mechanism, and each transfer has a relatively high probability burning 3% of the transfer amount.(Of course, if you're lucky, you might get more Torch .)





TOKEN DETAIL


  • The Protocol Governance Token – TOC - is distributed to those who lock value in the protocol, providing a significant incentive to liquidity providers. As well TOC is needed to setup a liquidity pool.

TOC

Total supply:100 million

Sale:19.5 million

Liquality pool:10.9 million

Advertising:4.3 million

Foundation: 4.8 million

Team: 1.1 million

Staking Reward:59.4 million




FAQ


HOW I CAN TRUST YOU?



You don't have to trust anyone.
Our contract eliminates any need to trust a third party and will be available for your review.
All ETH raised will be locked in the Uniswap/Bal $ Toc/ETH liquidity pool in a verifiable manner.
In addition, the Torch team is buying its own tokens at the same price as everyone else, with no discounts or bonuses.



WHAT ARE YOU USING THE FUNDS FROM THE COMMUNITY SALE FOR?



78% of the ETH funds collected during the sale process will be locked in the UniSwap/Bal liquidity pool and will be used as a continuous source of liquidity.
The remaining 22% is used for future exchange listings, marketing, security audits, web development,
dapp development and further development in general.



Where will the Torch (Toc) be listed?



Uniswap and Bal – Initial working capital is approximately $226,000 (will be locked through smart contract) More exchanges will only be announced on our official channel.
For legal reasons, we are unable to comment on this.



IS THERE A WHITEPAPER?



The whitepaper is currently under review and will be ready for publication in the coming days.
Join our twitter to stay informed.



WHAT SHOULD I DO IF I MISSED THE PUBLIC SALE?


You can continue to follow our Twitter page for upcoming bounty programs
that will allow more and more people to become part of the Torch community and to understand the Torch concept.
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