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I am not convinced with the explanation from the team. So, I decided to do not to run their signature campaign. Escrow funds have been returned to the team.
Sorry for the inconvenience.
Thanks for the refund. And sorry .... |
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First of all I want to apologize for the Shill accounts, it has been totally our fault for trusting an investor who complained that the post would not reach many users and offered to shill the post The fault is ours and we assume the responsibility. Realy sorry
Regarding the copy of significant part of WP from Crypto.com, as CEO of Nexxyo Labs (BambooDeFi) is totally my fault.
Lol, at least he is honest about mistakes:
"I am sorry for hiring army of shill accounts to look like something is going on with my project and I am especially sorry for plagiarism part because I have no clue what my project is all about"Flag supported. When one makes mistakes, has to assume them. We have not hired accounts to shill, but we have allowed it. As I said, it was a mistake not to stop it before. I can't say much more to defend myself, except that we are going to stand up and continue with the project to show that it is not scam. |
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We share a lot of features and although WP is modified with the things that differentiate us, I didn't think about the possible consequences of using some parts of crypto.com as a base, because many things are shared among many DeFi projects. I do agree that many DeFi projects have similar features, but you went one step further, copying directly word for word from Crypto.com. Their explanations, charts, as I said before even text formatting is similar. In general, when you are verbatim copying, it has to be clearly visible that you took it from someone else, so you have to make distinction between something that you wrote and something that you copied. Just sharing links in the end is not enough, and you didn't even done that. Yes, it was only my fault. I've been so concerned with explaining what differentiates us that I didn't realize there was no point in not explaining the rest of the details in our own words. Your team surely read Bitcoin whitepaper. Haven't you noticed those reference links in the end?
We are already adding the reference linksin the WP of all languages. It will take us hours, which are many languages in our web. But we hope to have it added during the next day. Right now I am on a business trip in Estonia, but when I get back to Spain we will rewrite everything that is copied or has too many similarities. You said in your whitepaper that you studied several projects like YAM, Sushiswap and Compound, yet the one which you used heavily as basis of your whitepaper you never mentioned. Not even one word about that.
This was also my fault, I had in mind to add it when we proposed the different pairs for the LPs, but in the end I didn't add it, by mistake. Sure....I know it's no excuse. Regarding risk disclosure, that's another thing you copied word for word from crypto.com. I usually don't mention that because those things tend to be very similar to each other but what baffles me is that you are mentioning legal company "Ferrer-bonsoms & Sanjurjo Abogados" as part of your legal team. Why didn't you consult them regarding all this? You could at least ask them to write you that part, as that's what legal companies are for, among other things.
I didn't consult them about the disclaimer, as I think all of them are the same or very similar, but taking your suggestion into account when I go back to Spain I will ask them to remake the disclaimer. With respect to the countries, they are exactly the same, because they are the ones that the European laws oblige us to not sale.
Can you please share those laws ? It won't change much really as you probably wouldn't mentioned them if they weren't part of Crypto.com whitepaper, but I would like to have that for the future reference when I come across European based DeFi that is conducting sale. It is not a specific law for DeFi, is for any sale (Pre-sale, Private Sale...ICO, STO). Sorry it's not in English. http://www.cnmv.es/docportal/Legislacion/FAQ/QAsFinTech.pdfhttps://www.europarl.europa.eu/doceo/document/TA-8-2018-0178_ES.html?redirect#title2https://www.boe.es/buscar/act.php?id=BOE-A-2015-11435Thing is, we are overrun with DeFi projects similar to yours, where they just copy each others without adding anything new, just wanting to participate in this hype. Other than your project not being anonymous, I doesn't seem any different than dozens of those on this list DeFi-Scams - Big All-In-One-Thread - LAST UPDATE: 17/11/2020. More than half of them are guilty of exactly same thing, plagiarism and new ones are coming on the daily basis. We have other projects ( outerringmmo.com,demo.experiencia360.es, auroracryptomachines.com and more ) we would not compromise everything in such a stupid way. As I have already repeated a few times, it has been my fault and an overconfidence, thinking that what made us equal to the rest of projects was not necessary to work on it. As I have said from the beginning, I want to fix these issues. |
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This is beyond my expectation, I'm not doing research for this project because the thread of this project has received merit from someone who I think is quite credible on bitcointalk ( sometimes someone can make mistakes and I don't blame the person who gave the merit for bambooDefi Project). Thanks for your warning Rikafip
To make it fair I will wait the answer/explanation from bamboodefi project side on scam accusation board I just answered in the other thread. |
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Interesting to see that they are running signature campaign and Coolcryptovator is managing that. I am really surprised how did he start their campaign without proper research.Huh... Honestly, I hadn't deep research on the whitepaper. There are a few reasons why I hadn't take a deep look here. The website still under construction, and I had asked someone to check plagiarism due to lack of my time and internet connectivity issue. But I am admitting, I can't ignore my responsibility this way, and apologize for that. Perhaps that person I assigned missed detecting copy-paste content. Regarding the plagiarism, I have asked the team to respond to this thread. The person from the team who have contact with me, he is traveling somewhere by flight and given me some selfie as evidence. He will reply to this thread when he will arrive at his destination. Let's wait for his explanation. Regarding the team, I wouldn't mind if the team is anonymous in cryptocurrency. But the fake team always an immediate red flag for me. But there is a team behind Bamboo DeFi, you will find it on Nexxyo Labs. Because this project is operated by Nexxyo Labs. Regarding shilling accounts, they have admitted that one of their friend doing such things and they will ask to stop it. I think that person is familiar with the forum. I mark to hold the Signature campaign. Let's see their explanation. There would be some reason since their website is still under construction. I am holding the funds for their campaign (above 0.4 BTC) that is enough to run the campaign for 4 weeks. But I will stop the campaign if their explanation isn't reasonable to the community. If I failed to decide myself, then definitely, I will ask for the help of the community. I'm sorry for the problems I might be causing you with my mistakes. |
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Sharing here an answer that BambooDefi CEO shared on ANN thread Regarding the copy of significant part of WP from Crypto.com as ,CEO of Nexxyo Labs (BambooDeFi) is totally my fault. We share a lot of features and although it is modified with the things that differentiate us, I didn't think about the possible consequences of using some parts of crypto.com as a base, because many things are shared among many DeFi projects.
So because they share a lot of features, they decided that is OK to share whitepaper too. Another excuse that we heard so many times before. I wanna share on more proof of their laziness level; they even copied countries restriction from Crypto.com. What are the chances of that happening, that two projects have exactly the same list of countries restricted? You can check, exactly the same 33 countries on both whitepapers.  Since I believe that Bamboodefi team is dishonest and grossly incompetent, I think that everyone who invests will probably loose the money, therefore raising the flag. Please support. Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=2486
Considering everything, I don't see how they could continue with signature campaign or to put it better, why would anyone that cares about his own reputation wear their signature and promote them? Hi all, im Daniel Valdes, CEO of NexxyoLabs https://www.linkedin.com/in/danielvaldesaraiz/ our company website is www.nexxyolabs.comFirst of all I want to apologize for the Shill accounts, it has been totally our fault for trusting an investor who complained that the post would not reach many users and offered to shill the post The fault is ours and we assume the responsibility. Realy sorry Regarding the copy of significant part of WP from Crypto.com, as CEO of Nexxyo Labs (BambooDeFi) is totally my fault. We share a lot of features and although WP is modified with the things that differentiate us, I didn't think about the possible consequences of using some parts of crypto.com as a base, because many things are shared among many DeFi projects. With respect to the countries, they are exactly the same, because they are the ones that the European laws oblige us to not sale. As I have already said, the failure regarding the WP has been entirely mine, using Crypto.com as a base. Regarding the pre-sale made via bank account, we can make it this way, as long as we do not reach more than 150 investors per country (the pre-sale has been sold mainly in Spain) and as long as we do not aspire to collect more than 5M Euros, these two rules are imposed by the CNMV. I am here, to try to solve it. |
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Hi first of all I want to apologize for the Shill accounts, it has been totally our fault for trusting an investor who complained that the post would not reach many users and offered to shill the post The fault is ours and we assume the responsibility. Realy sorry Regarding the copy of significant part of WP from Crypto.com as ,CEO of Nexxyo Labs (BambooDeFi) is totally my fault. We share a lot of features and although it is modified with the things that differentiate us, I didn't think about the possible consequences of using some parts of crypto.com as a base, because many things are shared among many DeFi projects. Right now, I am arriving to Estonia, but during the day, I will answer the acussation post trying to explain everything in more detail. Yeah, another DeFi scam with a plagiarized whitepaper and an anonymous team! Haven't we had enough of these already? How much do you scammers think you can milk on the DeFi hype?
The project is not anonymous, it is being developed by NexxyoLabs www.nexxyolabs.com/aboutFake project  . I thought the project attracted great attention when sold exceeds 50% of total tokens in only a few days. ETH address received the above amount? Or is it fake proof? The pre-sale has been done via bank account , most of the pre-sale is being sold to investors who already know NexxyoLabs for some of their other products. |
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Do you have any updates about results of Pre-sale?
This is their update from 4 days ago, the result looks very good although the deadline for the private sale is still quite long. In only 11 days a total of 1262997.6 bamboo has already been sold, that means that 50.5% of the presale is distributed in less than two weeks.Thank you for replying, I didn't see his message. |
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I totally agree with this. In this post you can see the team behind us, we are a software company based in Spain (NexxyoLabs) that collaborates with Kindynos, a Mexican company they are the Polis creators, kindynos work with us for the launch & subsequent support and expansion of BambooDefi. https://bamboodefi.medium.com/meet-bamboodefi-team-update-1-28b87908ad96It is very important to have an experience team that will be able to realize all planned ideas of the project. Now staking, farming & raindrop are very popular but to creat a big and working ecosystem with a lot of users it is necessary to have a big practiocal knowladge to organise and manage the community.  Very few defi projects have their team members published. Because let's admit it, most of them are just interested to screw buyers' money. So if this project is disclosing their team members and showing their photos in public, it means, they are serious in this business. Let's see how far they will achieve as DeFi platform... Thanks for the confidence, we are working on it day by day. In order to launch the protocol and continue improving it in the future, thinking about the stability and usability of BambooDeFi, it is necessary to assign dedicated staff for maintenance and improvement. Also, as you point out, I think it is very important to know the identity of those who are working on the project. |
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IEO start on 25 december.
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Uniswap and ChainX are decentralize exchanges.
Now many Defi products start listing from defi exchanges.
But do you plan to use centralize exchanges for listing and when would you start a listing on centralized exchanges?
CHAINX is centralized ^^ |
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We believe that it is basic to know who is behind the project, there are clear examples of other DEFI projects without known staff in which they have had problems in the end.
It is really very important to increase the trust to the project. But what is about listing here? Do you already have listing? On what exchanges? What are you plans for listing? We are going to be listed in Uniswap and ChainX. In the future we will announce more exchanges. People who invest in the project need to know who is behind it. Being listed and other stuff are nice but there needs to be more trust between users and people behind the project. I totally agree with this. In this post you can see the team behind us, we are a software company based in Spain (NexxyoLabs) that collaborates with Kindynos, a Mexican company they are the Polis creators, kindynos work with us for the launch & subsequent support and expansion of BambooDefi. https://bamboodefi.medium.com/meet-bamboodefi-team-update-1-28b87908ad96 |
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We believe that it is basic to know who is behind the project, there are clear examples of other DEFI projects without known staff in which they have had problems in the end.
It is really very important to increase the trust to the project. But what is about listing here? Do you already have listing? On what exchanges? What are you plans for listing? We are going to be listed in Uniswap and ChainX. In the future we will announce more exchanges. |
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It is really very good that you name your creators. Investors and token holders must know the developers to trust the project more.
Do you plan bounty or airdrop to attract more people to the project?
What kind of promotion will you use?
We believe that it is basic to know who is behind the project, there are clear examples of other DEFI projects without known staff in which they have had problems in the end. |
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Can you give me a link to the site of to the platform of Nexxyo Labs that I would get more inormation about the company that helps you to create your platform?
Nexxyolabs www.nexxyolabs.com is us, our tech partners are Kindynos. www.kindynos.mx |
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I checked you update about results of Pre-sale. You have a very good results of pre-sale even without a big advertising campain. It mean that the project is really interesting for investors and the results are great. You have and experience team and a lot have been done. Luckily for BambooDeFi, all the members of the team have been dedicated to the world of software development for years and many of the investors are people who believe in the project, because they know other developments made by NexxyoLabs or by companies we previously worked for. |
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Social networks are of course, but when was the main influx of investors from social networks? You need a certain marketing plan to attract people with money who are ready to invest in something new.
Now telegram is very popular among social networks. But it is very important to have anouncents about platform on media and press-releases published in media that more people would know about this financial and trading platform, Do you alredy have some published press-releases? And it seems to me that the project should be advertised primarily among people who are fond of cryptocurrencies, and they are only on thematic forums. Social networks have, of course, a large audience, but there 90 percent know nothing about blockchain and cryptocurrencies at all! A lot of telegram users know about cryptocurrency. But I agree that advertizing on specialized cryptocurrency forums are very important. Also necessary to visit blockchain conferences and meetups. Another thing is that if cryptocurrency will become popular all kind of media will speak about cryptocurrency. And even people who did know about cryptocurrency before will start to interest in cryptocurrency market because it is a good opportunity to earn money. We believe that it is important to advertise in general terms, but it is important to focus efforts in order not to waste money and necessary resources. We have already made the first update on the presale, after the first 24 hours. https://bamboodefi.medium.com/bamboo-pre-sale-update-ce1c2f1b8173 |
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