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Author Topic: Kingscoin - Plagiarized whitepaper  (Read 468 times)
ICOEthics (OP)
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November 10, 2018, 01:42:23 PM
Last edit: November 12, 2018, 08:12:25 PM by ICOEthics
Merited by marlboroza (1)
 #1

What happened: PLAGIARIZED WHITEPAPER

Profile Link: ANN - https://bitcointalk.org/index.php?topic=5066726.0
http://web.archive.org/web/20181110131713/https://bitcointalk.org/index.php?topic=5066726.0


Website: https://www.kingscoin.biz
(someone please try to archive this website/it returned with a blank page every time we tried to archive) Thank you CucakRowo for archiving
Archive: https://web.archive.org/web/20181112200051/https://www.kingscoin.biz/


Their whitepaper is found here: https://www.kingscoin.biz/wp-content/uploads/2018/10/KingsCoin-White-Paper-Final.pdf
Also saved on our website: http://icoethics.com/imgs/kingscoin/KingsCoin-White-Paper-Final.pdf



We want to see an image and a profile of their CEO: Paul Smith


Their whitepaper is copied from LightPay and CDMCoin:













Blockchain Decentralized Security verse traditional databases – copied from:
https://lightpaycoin.org/wp-content/uploads/pdf.php

Proof of Work versus Proof of Stake and Master-nodes – copied from:
http://cdmcoin.org/condominium_wp1.pdf

Our Philosophy – copied from:
http://cdmcoin.org/condominium_wp1.pdf

Masternodes – copied from:
https://lightpaycoin.org/wp-content/uploads/pdf.php

SwiftTX – copied from:
https://lightpaycoin.org/wp-content/uploads/pdf.php

Masternodes and Return on Investment – copied from:
http://cdmcoin.org/condominium_wp1.pdf

Inflation Targeting and what you need know before you invest – copied from:
http://cdmcoin.org/condominium_wp1.pdf

Summary and future plans – copied from:
http://cdmcoin.org/condominium_wp1.pdf

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kingscoin007
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November 11, 2018, 05:47:05 PM
 #2

Dear Complainer,

We apologise for this and highly regret it and we will remove the white paper ASAP and appoint a legit copy writer to write it again. We actually,  appointed a copywriter to write and not aware that this person would give us this kind of copy work. This was done before we did our swap and one of the reasons  of the swap is to clean up this kind of so called marketers and copywriter who are not credible to hold our coins. FYI, this copy writer is no where to be found now.  Thank you once again for helping us see this terrible thing, I've appointed our BTT team to look into this ASAP. 

Thanks and please accept our sincere apologies CDM and Litepay

Paul Smith 
CEO

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CucakRowo
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November 12, 2018, 08:01:55 PM
 #3

As your request mate.

Web archived : https://web.archive.org/web/20181112200051/https://www.kingscoin.biz/


marlboroza
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November 12, 2018, 08:25:37 PM
 #4

Dear Complainer
Well that is just funny.
~blablabla~
Thank you once again for helping us see this terrible thing, I've appointed our BTT team to look into this ASAP.
Last time I checked this is scam accusation against your shitcoin so no one is really helping you - it is pointed to investards to be careful and to stay away from this "project".

Interesting how someone who is not related to project had to point to team behind project that their whitepaper is nothing but blatant plagiarism.
kingscoin007
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November 16, 2018, 06:56:45 AM
 #5

Well it's up to you to believe and make conclusions. It could be some work of the previous Dev whom we had to ban who treathen to tarnish our name and project. We have a good reason to exist and we will continue with our project and new Whitepaper will be written by a credible person.

There are so many scam coins which you guys should be hunting them down not wasting your time with good guys like us.. It's ironic!!  Smiley The MN world is full of scammers everywhere, all I can say is you are barking at the wrong tree mate.

The way it looks like a personal vendeta to me Roll Eyes

We will move on..

Cheers
 
Paul Smith
CEO KGS


ICOEthics (OP)
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November 16, 2018, 02:06:09 PM
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Well it's up to you to believe and make conclusions. It could be some work of the previous Dev whom we had to ban who treathen to tarnish our name and project.


The typical excuse "the dog ate my homework".


There are so many scam coins which you guys should be hunting them down not wasting your time with good guys like us.. It's ironic!!  Smiley The MN world is full of scammers everywhere,

Yes and you are one of them!!


all I can say is you are barking at the wrong tree mate.

You are not even a tree, you are just a thorny bush that needs to be cut down.

ICOEthics ━█ ██ Monitoring ICO Scams ██ █━ ICOEthics
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November 16, 2018, 02:35:04 PM
 #7

all I can say is you are barking at the wrong tree mate.
You are not even a tree, you are just a thorny bush that needs to be cut down.

I need tissue, i can't stop laughing.


kingscoin007
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November 20, 2018, 12:04:36 AM
 #8

Looks like you seriously have some problem or personal vendeta against our project..Keep on barking my friend.  Cheesy
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To the Moon


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February 03, 2019, 02:48:08 PM
 #9

New thread ANN: https://bitcointalk.org/index.php?topic=5105556.0

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..BUY/ SELL CRYPTO..
Mining-Joe
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March 26, 2019, 07:02:13 PM
 #10

Even if some stuff didn't go correct a 100% during startup, I did good experience until now. All quiet transparent, a responsive Discord, and a long term experience with one one of the devs, which is really honest and satisfying. I'm not part of the KGS team, but a holder of several masternodes. And I'm good til now. I have seen a lot of scam out there, lost a lot of money, but KGS doesn't look like this to me.

All the facts brought up here is a whitepaper copied by a fake guy sold to the KGS team. Anything else? Maybe some people just using their status in here a bit too much. Let's judge again in 6 months! Until then: Go KGS, go!
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March 31, 2019, 12:55:54 AM
 #11

So far Detective SCAM is right. Where are the photos and what country is this project from?
Wants to know? I had bought some coins and I just sold it!
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April 12, 2019, 08:58:44 PM
 #12

They updated their whitepaper by now, still a whole load of crap in it though. Talks about a real use case and real-world business model but no details.

Also they have had their second swap and their third or even fourth dev working on this. I must say that the current dev seems to be ok, at least it is a stable implementation now......

Anyways, better stay away from this......
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