What happened; as the title says, Cashlon took content from s everal different sources (MintDice, Fasttoken, Investopedia) without adding it to the reference. While it's trie that they did include some less important ones, they decided not to include rest of it as it would be obvious that they written very little by themselves and that majority of their whitepaper material is taken from others.
Ann
https://bitcointalk.org/index.php?topic=5388707.0Archive
https://archive.ph/F828rWebsite
https://cashlon.info/Archive
https://web.archive.org/save/https://cashlon.info/Whitepaper
https://web.archive.org/web/20220308105317/https://cashlon.info/whitepaper.pdfOriginal sources:
https://www.mintdice.com/blog/centralized-vs-decentralized-gambling https://www.investopedia.com/ https://medium.com/@fasttoken/centralized-vs-decentralized-gambling-the-case-with-bet-365-f98c6b0ff5So, lets start with some proof from their whitepaper. On the left side you can see Cashlon WP and on the right side content from Mintdice blog
Screenshot on the left is comparison between Cashlon and Fasttoken medium article. As you can see, they are unable to write even this kind of project explanation and have to take it from someone else.
There is bunch of other copy/paste examples, especially from Investopedia that weren't referenced at all. Here are few exampes:
There’s one certainty in gambling—nothing is left to chance. The house always comes out the winner in the end. A casino is a business, not a charitable organization throwing free money away. Like any other business, it has a business model in place designed to ensure its profitability. No matter what game you choose to play, the odds of the casino winning your money are greater than the odds of you winning the casino’s money. That’s because all casino games are designed to provide the house with a built-in edge, diminishing the chances and size of potential payouts.
There’s one certainty in gambling: Nothing is left to chance. In the end, the house always comes out the winner. A casino is a business, not a charitable organization throwing free money away. Like any other business, it has a business model in place designed to ensure its profitability. No matter what game you choose to play, the odds of the casino winning your money are greater than the odds of you winning the casino’s money. That’s because all casino games are designed to provide the house with a built-in edge, diminishing the chances and sizes of potential payouts.
Many people who are aware of the house edge still don’t really grasp its implications for their bankrolls. They believe that the roughly 5% edge the house has at the roulette table means that they can reasonably expect to sit down with $100, gamble for a few hours, and the odds are that they will only lose about $5. They fail to understand that the house edge doesn’t apply to their starting bankroll, but to the total amount they wager. The longer you play, the greater the odds are that the result of your play will match up with the house edge. A player may well be ahead in the short term, but over the long haul the house edge will eventually grind them down into unprofitability.
Many people who are aware of the house edge still don’t really grasp its implications for their bankrolls. They believe that the roughly 5% edge that the house has at the roulette table means that they can reasonably expect to sit down with $100, gamble for a few hours, and the odds are that they will only lose about $5. They fail to understand that the house edge applies not to their starting bankroll but to the total amount that they wager. The longer you play, the greater the odds are that the result of your play will match up with the house edge. A player may well be ahead in the short term, but over the long haul, the house edge eventually will grind them down into unprofitability.
But all this really started when I check their website and saw their team. I've busted quite a few scams and saw enough fake team members so I can regognise when something fishy is going on. Maybe I am just too paranoid, but all these names sound to me like they were taken from some name generator. Add on that no social media profiles (all they have really are links to their Tg profiles, expect CEO who has Instagram account as well).
Given the evidence, I think it's pretty much obvious what is going on here; another lazy scammy altcoin project. Looking at the comment made by OP (@julerz12) they planned to have a bounty campaign as well to spread this scam further which I kinda doubt it will happen now.
