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Author Topic: Scam - GENKI Token- fake team - Plagiarized whitepaper.  (Read 246 times)
The Cryptovator (OP)
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September 13, 2018, 05:28:02 AM
Last edit: September 13, 2018, 05:53:08 AM by Coolcryptovator
Merited by ICOEthics (1)
 #1

Website : https://www.thegenki.com
Archived: http://archive.is/ssi5u
Airdrop thread : https://bitcointalk.org/index.php?topic=5027171.0
Archived: http://archive.is/vhy3d
ICO live on: https://www.thegenki.com/ico
Archived: http://archive.is/r7Ox2

Reason of Accusation: Fake team & whitepaper plagiarism.

They used cartoon for picture with fake LinkedIn profile those are only 5 connection . That means just newly create LinkedIn profile.


Plagiarized whitepaper: They direct copy whitpaper content from well known website quora.  

 

Copy paste from: https://www.quora.com/Is-going-to-the-gym-good


Only 7 page whitpaper with no details information. I believe there is more plagiarism content. Right now I am on mobile just found it now. Whatever copy paste it's consider plagiarism. They steal others content without permission.

Although I am not experience coding but look like to me there is something wrong. They just copy paste others coding and never change details except Name , symbol and supply. I know open source code can copy anuyone but nothing change means developer of smart contract not professional.
Let's check  smart contract code

Code:
pragma solidity ^0.4.23;



/**
 * @title SafeMath
 * @dev Math operations with safety checks that throw on error
 * Project : Genki (GENKI)
 * Decimals : 8
 * TotalSupply : 100000000000
 *
 *
 *
 *
 */
library SafeMath {

    /**
    * @dev Multiplies two numbers, throws on overflow.
    */
    function mul(uint256 a, uint256 b) internal pure returns (uint256 c) {
        if (a == 0) {
            return 0;
        }
        c = a * b;
        assert(c / a == b);
        return c;
    }

    /**
    * @dev Integer division of two numbers, truncating the quotient.
    */
    function div(uint256 a, uint256 b) internal pure returns (uint256) {
        // assert(b > 0); // Solidity automatically throws when dividing by 0
        // uint256 c = a / b;
        // assert(a == b * c + a % b); // There is no case in which this doesn't hold
        return a / b;
    }

    /**
    * @dev Subtracts two numbers, throws on overflow (i.e. if subtrahend is greater than minuend).
    */
    function sub(uint256 a, uint256 b) internal pure returns (uint256) {
        assert(b <= a);
        return a - b;
    }

    /**
    * @dev Adds two numbers, throws on overflow.
    */
    function add(uint256 a, uint256 b) internal pure returns (uint256 c) {
        c = a + b;
        assert(c >= a);
        return c;
    }
}

contract ForeignToken {
    function balanceOf(address _owner) constant public returns (uint256);
    function transfer(address _to, uint256 _value) public returns (bool);
}

contract ERC20Basic {
    uint256 public totalSupply;
    function balanceOf(address who) public constant returns (uint256);
    function transfer(address to, uint256 value) public returns (bool);
    event Transfer(address indexed from, address indexed to, uint256 value);
}

contract ERC20 is ERC20Basic {
    function allowance(address owner, address spender) public constant returns (uint256);
    function transferFrom(address from, address to, uint256 value) public returns (bool);
    function approve(address spender, uint256 value) public returns (bool);
    event Approval(address indexed owner, address indexed spender, uint256 value);
}

contract GenkiProjectToken is ERC20 {
    
    using SafeMath for uint256;
    address owner = msg.sender;

    mapping (address => uint256) balances;
    mapping (address => mapping (address => uint256)) allowed;    

    string public constant name = "Genki";
    string public constant symbol = "GENKI";
    uint public constant decimals = 8;
    
    uint256 public totalSupply = 100000000000e8;
    uint256 public totalDistributed =  10000000000e8;    
    uint256 public constant MIN_CONTRIBUTION = 1 ether / 1000;
    uint256 public tokensPerEth = 20000000e8;

    event Transfer(address indexed _from, address indexed _to, uint256 _value);
    event Approval(address indexed _owner, address indexed _spender, uint256 _value);
    
    event Distr(address indexed to, uint256 amount);
    event DistrFinished();

    event Airdrop(address indexed _owner, uint _amount, uint _balance);

    event TokensPerEthUpdated(uint _tokensPerEth);
    
    event Burn(address indexed burner, uint256 value);

    bool public distributionFinished = false;
    
    modifier canDistr() {
        require(!distributionFinished);
        _;
    }
    
    modifier onlyOwner() {
        require(msg.sender == owner);
        _;
    }
    
    
    function GenkiProjectToken () public {
        owner = msg.sender;    
        distr(owner, totalDistributed);
    }
    
    function transferOwnership(address newOwner) onlyOwner public {
        if (newOwner != address(0)) {
            owner = newOwner;
        }
    }
    

    function finishDistribution() onlyOwner canDistr public returns (bool) {
        distributionFinished = true;
        emit DistrFinished();
        return true;
    }
    
    function distr(address _to, uint256 _amount) canDistr private returns (bool) {
        totalDistributed = totalDistributed.add(_amount);        
        balances[_to] = balances[_to].add(_amount);
        emit Distr(_to, _amount);
        emit Transfer(address(0), _to, _amount);

        return true;
    }

    function doAirdrop(address _participant, uint _amount) internal {

        require( _amount > 0 );      

        require( totalDistributed < totalSupply );
        
        balances[_participant] = balances[_participant].add(_amount);
        totalDistributed = totalDistributed.add(_amount);

        if (totalDistributed >= totalSupply) {
            distributionFinished = true;
        }

        // log
        emit Airdrop(_participant, _amount, balances[_participant]);
        emit Transfer(address(0), _participant, _amount);
    }

    function adminClaimAirdrop(address _participant, uint _amount) public onlyOwner {        
        doAirdrop(_participant, _amount);
    }

    function adminClaimAirdropMultiple(address[] _addresses, uint _amount) public onlyOwner {        
        for (uint i = 0; i < _addresses.length; i++) doAirdrop(_addresses[i], _amount);
    }

    function updateTokensPerEth(uint _tokensPerEth) public onlyOwner {        
        tokensPerEth = _tokensPerEth;
        emit TokensPerEthUpdated(_tokensPerEth);
    }
          
    function () external payable {
        getTokens();
     }
    
    function getTokens() payable canDistr  public {
        uint256 tokens = 0;

        // minimum contribution
        require( msg.value >= MIN_CONTRIBUTION );

        require( msg.value > 0 );

        // get baseline number of tokens
        tokens = tokensPerEth.mul(msg.value) / 1 ether;        
        address investor = msg.sender;
        
        if (tokens > 0) {
            distr(investor, tokens);
        }

        if (totalDistributed >= totalSupply) {
            distributionFinished = true;
        }
    }

    function balanceOf(address _owner) constant public returns (uint256) {
        return balances[_owner];
    }

    // mitigates the ERC20 short address attack
    modifier onlyPayloadSize(uint size) {
        assert(msg.data.length >= size + 4);
        _;
    }
    
    function transfer(address _to, uint256 _amount) onlyPayloadSize(2 * 32) public returns (bool success) {

        require(_to != address(0));
        require(_amount <= balances[msg.sender]);
        
        balances[msg.sender] = balances[msg.sender].sub(_amount);
        balances[_to] = balances[_to].add(_amount);
        emit Transfer(msg.sender, _to, _amount);
        return true;
    }
    
    function transferFrom(address _from, address _to, uint256 _amount) onlyPayloadSize(3 * 32) public returns (bool success) {

        require(_to != address(0));
        require(_amount <= balances[_from]);
        require(_amount <= allowed[_from][msg.sender]);
        
        balances[_from] = balances[_from].sub(_amount);
        allowed[_from][msg.sender] = allowed[_from][msg.sender].sub(_amount);
        balances[_to] = balances[_to].add(_amount);
        emit Transfer(_from, _to, _amount);
        return true;
    }
    
    function approve(address _spender, uint256 _value) public returns (bool success) {
        // mitigates the ERC20 spend/approval race condition
        if (_value != 0 && allowed[msg.sender][_spender] != 0) { return false; }
        allowed[msg.sender][_spender] = _value;
        emit Approval(msg.sender, _spender, _value);
        return true;
    }
    
    function allowance(address _owner, address _spender) constant public returns (uint256) {
        return allowed[_owner][_spender];
    }
    
    function getTokenBalance(address tokenAddress, address who) constant public returns (uint){
        ForeignToken t = ForeignToken(tokenAddress);
        uint bal = t.balanceOf(who);
        return bal;
    }
    
    function withdraw() onlyOwner public {
        address myAddress = this;
        uint256 etherBalance = myAddress.balance;
        owner.transfer(etherBalance);
    }
    
    function burn(uint256 _value) onlyOwner public {
        require(_value <= balances[msg.sender]);
        // no need to require value <= totalSupply, since that would imply the
        // sender's balance is greater than the totalSupply, which *should* be an assertion failure

        address burner = msg.sender;
        balances[burner] = balances[burner].sub(_value);
        totalSupply = totalSupply.sub(_value);
        totalDistributed = totalDistributed.sub(_value);
        emit Burn(burner, _value);
    }
    
    function withdrawForeignTokens(address _tokenContract) onlyOwner public returns (bool) {
        ForeignToken token = ForeignToken(_tokenContract);
        uint256 amount = token.balanceOf(address(this));
        return token.transfer(owner, amount);
    }
}

Perhaps they copied from ForeignTokens but they never change it. I am not sure about coding case. Developers can confirm it.



Domain information
:
Code:
 Website: thegenki.com
Title: Genki Project
Domain Age: 45 Days
Last Refreshed: Just now
Website Speed: Slow
Website Value: $141.58
Organisation: Statutory Masking Enabled
Owner: Statutory Masking Enabled
Owner Address: Statutory Masking Enabled
Owner City: Statutory Masking Enabled
Owner Postcode: Statutory Masking Enabled
Phone Number: Statutory Masking Enabled

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Guvn0r
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September 13, 2018, 09:19:14 AM
 #2

Linkedin accounts are on sale here, they buy old accounts and make it look like a proper team..All the red flags here, who cares about all these..this forum is full of alts and spammers who just want to pile up airdrop tokens which are now all garbage..look at eth network now..it is sad really
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September 14, 2018, 11:28:33 AM
 #3

Their airdrop thread has been trashed. And OP got temp ban. Thanks to moderator.

Trashed thread and temp banned the OP, thanks for the heads up.

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ICOEthics
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September 14, 2018, 11:49:55 AM
 #4

Good job catching another scammer. They will never stop until the crypto market is regulated.

It appears they got tired of using stock photos and now cartoons characters are on the rise. (Kinda hard to face match them.  Grin )

But I doubt a smart investor will put any penny on an ICO with a cartoon character. ICOs using cartoons are automatically classifying themselves as a scammer.

If you don't mind I will post that cartoon on our cartoon thread.

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October 12, 2018, 02:29:01 AM
 #5

Thanks for the warning. I meet this token also in mercatox and still cheap. Good that I read your post. Theres so many scam ICO token nowadays really. They keep on sprouting and just keeping trying to be true to look at but in reality they are just scam.

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November 28, 2018, 05:42:43 PM
 #6

Look like they already scammed. Website is offline right now.

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