MNEX --Plagiarized Whitepaper

[lovesmayfamilis]

What happened: Plagiarized whitepaper

Scammers Profile Link: ANN https://bitcointalk.org/index.php?topic=5102522.0
https://web.archive.org/web/20190127053301/https://bitcointalk.org/index.php?topic=5102522.0

Scammer website: https://mnex.io
https://web.archive.org/web/20190127053216/https://mnex.io/

whitepaper https://web.archive.org/web/20190127053243/https://mnex.io/mnex_files/WP_MNEX_OR.pdf


plagiarism of whitepaper from the site https://www.bitvalve.com/
https://www.bitvalve.com/Whitepaper.pdf

Code:

Domain Name: MNEX.IO
Registry Domain ID: D503300000089151941-LRMS
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Updated Date: 2019-01-24T12:04:09Z
Creation Date: 2018-04-03T12:42:28Z
Registry Expiry Date: 2019-04-03T12:42:28Z
Registrar Registration Expiration Date:
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: 
Registrar Abuse Contact Phone: +1.4806242505
Reseller:
Domain Status: clientDeleteProhibited https://icann.org/epp#clientDeleteProhibited
Domain Status: clientRenewProhibited https://icann.org/epp#clientRenewProhibited
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Domain Status: clientUpdateProhibited https://icann.org/epp#clientUpdateProhibited
Registrant Organization: Domains By Proxy, LLC
Registrant State/Province: Arizona
Registrant Country: US
Name Server: MARY.NS.CLOUDFLARE.COM
Name Server: TREY.NS.CLOUDFLARE.COM
DNSSEC: unsigned

[VINSIN]

It's not a copied website, it's a quite used template for ico's .

[rhomelmabini]

It's not a copied website, it's a quite used template for ico's .

I guess you only seen the last images of the OP's post. Scroll up and you'll see. Template for a website used in an ICO is common nowadays but having a plagiarized content in a whitepaper is clearly not a good sign for a project.

[VINSIN]

It's not a copied website, it's a quite used template for ico's .

I guess you only seen the last images of the OP's post. Scroll up and you'll see. Template for a website used in an ICO is common nowadays but having a plagiarized content in a whitepaper is clearly not a good sign for a project.

oh yeah indeed, i am totally true, tho i wanted to mention that is template used a lot.

I wouldn't trust even the main first real project because they used a 15$ template...

[MNEX]

Hello,

Thank you for your kind analysis.

The white paper and the website was developed by the company and now  we understand that they just copied some parts of the white paper from another project and used the known website template.

Many ICO and Coins are using the same template for the website and I can send you tons of the links.
What about white paper we have contacted the company and asked them to change the structure and content.

We are mainly group of developers not a writers. Indeed our main goal is write working code that will be 100% secured.

And one more thing we have MNEX Platform almost ready and will be present it soon.

Thanks again for the post, we take criticism in any form.

[The Cryptovator]

The white paper and the website was developed by the company and now  we understand that they just copied some parts of the white paper from another project and used the known website template.

Well explanation and it was expected. But is not new, all ICO who have exposed they have presented same explanations. So your team isn't aware about your goal ? If it's true then you have no right to run a ICO. It's not acceptable explanation, you don't know bould website and write whitpaper then why you are going to sell token ? Perhaps you have no idea what is whitpaper and why is it. An ICO depend on concepts and total concept describe on whitepaper but unfortunately you have no idea about your concept. How can we believe you and invest on it ?

[ICOEthics]

Many ICO and Coins are using the same template for the website and I can send you tons of the links.

We are aware of that. There is no need to send links.  Usually, just scammers plagiarize website and whitepaper.
Maybe you should learn about plagiarism:
Here is a good website to read about: https://www.plagiarism.org/article/what-is-plagiarism

"turning in someone else's work as your own
copying words or ideas from someone else without giving credit"

[lovesmayfamilis]

There is not a single word on your site that you would say on your behalf. Everything is copied from start to finish.

[rhomelmabini]

We are mainly group of developers not a writers. Indeed our main goal is write working code that will be 100% secured.

Then why not take a consideration of hiring a writer and more writers on your team? Whitepaper entails your decisions, where your project headed and from what can I tell that is the backbone of every project. It may be short but it has longing rate of success not just a plagiarized content then that provides vision.


White Paper (WP) is a document that helps your prospective customer make an informed decision in favor of your company or a specific product.

"The principle of the WP is that potential clients receive a detailed response to a complex problem. And who gave them this answer, to that and trust."
https://en.bitcoinwiki.org/wiki/White_Paper#cite_note-1

[MNEX]

As I wrote before we have contacted the company that prepared WP for us and we already have expressed our dissatisfaction to them.

We will present the new version of WP soon. We do not have any Content Writers in our team now as we are small.

We are NOT an ICO that are asking for the money to realize the project. We are investing our own savings and our platform is almost ready.

The time will show everything!!!

[ICOEthics]

As I wrote before we have contacted the company that prepared WP for us and we already have expressed our dissatisfaction to them.

That is exactly the same words/excuse that everyone uses when they get caught.
Remember:  A professional always blame themselves for their mistakes. An unprofessional always blames someone else.

~...
We are NOT an ICO that are asking for the money to realize the project...

Asking for money and trading money for your coins/tokens end up the same way - money goes to your pocket.

~...
The time will show everything!!!

Which time? DO we have enough time?
Lets see: website site purchased in: April 2018,
website expires in April 2019.  (Source: https://hypestat.com/info/mnex.io  )

We all are aware that scammers do this all the time:

1 - buy a website and wait 6+ months to develop it
2 - Start token sales close to the expiration date of the website.
3 - Token sales end " coincidentally" at the same time the website domain registration expires, which is never renewed.
4 - Scam exit - social media accounts deleted, no other way to contact team, etc..

So, you have no team, no phone number, no office, a plagiarized whitepaper, doesn't take responsibility for your mistakes, basically, nothing that can make investors secure about investing in your project.

[MNEX]

As I wrote before we have contacted the company that prepared WP for us and we already have expressed our dissatisfaction to them.

That is exactly the same words/excuse that everyone uses when they get caught.
Remember:  A professional always blame themselves for their mistakes. An unprofessional always blames someone else.

~...
We are NOT an ICO that are asking for the money to realize the project...

Asking for money and trading money for your coins/tokens end up the same way - money goes to your pocket.

~...
The time will show everything!!!

Which time? DO we have enough time?
Lets see: website site purchased in: April 2018,
website expires in April 2019.  (Source: https://hypestat.com/info/mnex.io  )

We all are aware that scammers do this all the time:

1 - buy a website and wait 6+ months to develop it
2 - Start token sales close to the expiration date of the website.
3 - Token sales end " coincidentally" at the same time the website domain registration expires, which is never renewed.
4 - Scam exit - social media accounts deleted, no other way to contact team, etc..

So, you have no team, no phone number, no office, a plagiarized whitepaper, doesn't take responsibility for your mistakes, basically, nothing that can make investors secure about investing in your project.

ONE MORE TIME, WE ARE NOT AN ICO PROJECT!!!

Specially for you we will prolong it now, but still we have an automatic renewal for domain.

Also we have working prototype platform. You need to understand that PLATFORM IS READY, we are not selling the great written WP for investors money and do nothing like many ICO's do.

WE SPEND OUR OWN MONEY TO DEVELOPMENT!!!

[bittraffic]

If you have tagged MNEX, the OP of the ANN thread, you might wanna do it to the MNEX_Dev who is taking over the ANN thread this one here https://bitcointalk.org/index.php?topic=5102522.msg49546989#msg49546989

One that is most interesting is that its added to the exchange https://crex24.com/exchange/MNEX-BTC
I wonder what arrangement had they agreed for this set up.