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Author Topic: CadinEx - plagiarized whitepaper, stolen content!  (Read 198 times)
morvillz7z
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June 22, 2019, 02:46:11 PM
Last edit: June 22, 2019, 02:56:16 PM by morvillz7z
Merited by bones261 (2), nutildah (1), marlboroza (1), Heisenberg_Hunter (1), logfiles (1), ICOEthics (1)
 #1

What happened: CadinEx has plagiarized their whitepaper, almost everything is 1:1 copy from Pundi X

Reference Link: https://www.cadinex.com/

Announced by: Cadinex

ANN: [ANN] [Airdrop] CadinEx - A new unique interconnected digital asset Platform

  • Almost everything on their website, including their whitepaper is copy-pasted word for word from Pundi X
  • Their ANN-Airdrop thread is filled with newbie accounts bumping it with "Good/best/amazing/promisng project"
  • Since it's an Airdrop I think it goes under the "no altcoin giveaways" rule
  • Website is approx. 3 weeks old

Flag type 1: https://bitcointalk.org/index.php?action=trust;flag=256

20 days old
Created on 2019-06-02
Expires on 2020-06-02
Updated on 2019-06-02

https://pundix.com/pdf/PundiX_Whitepaper_EN_Ver.pdf























Archive of the website: https://web.archive.org/web/20190622140726/https://cadinex.com/
Archive of the ANN: http://archive.fo/F2Quv
Archive of the whitepaper: https://web.archive.org/web/20190622142623/https://cadinex.com/wp-content/uploads/2019/06/cadinex-White-paper-V1.0.pdf

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June 22, 2019, 05:21:38 PM
Last edit: June 22, 2019, 05:35:00 PM by Cadinex
 #2

Hi, we are deeply touched in writing to you about the references you gave about our project (CadinEx). Truly, most of the words in our whitepaper are borrowed from thenPundi X whitepaper on the concrete reason that we really aim to build something similar and improve on it. Since the primary target of Pundi X was to bring crypto nearer to th masses and foster world wide adoption, we thought it would make sense if there can be a way by which people would just be able to spend their digital asset like they would with their physical ones such as cash. We thought right now, the only use case for majority crypto was to buy or exchange other cryptos which is true to some extent, so we really want to change that. To our own philosophy about blockchain, what cryptocurrency really needs to get into mass adoption isn’t creation of ultra high performance blockchain or a privacy concern cryptocurrency, what crypto really need is a channel that will allow people to swap old money (fiats) for new money (crypto) and spend them without facing any cumbersome. This is what really gave birth to our project. And also, truly our domain is newly registered. Although, the team has been researching on ways to help bring cryptocurrencies to the masses. So we started reviewing all blockchain project that has come up to tackle this aspect to improve on their idea and of course put it to work. That’s where we came across Pundi X which has almost the same mission as we. sowhen we finally decide to create a project based on an idea from Pundi X for further improvement (as we can say forking), we then decide that, what Pundi X really lacked in fufilling their mission was the instant OTC swap. For crypto to come into mainstream, it needs to be able to serve as a local currency if not totally replacing them. It needs to be easy to access not to be a geeky term. People would love to be able to spend bitcoins in their local regions using their payment cards or NFC bands or devices.
For the whitepaper aspect: The main fact that our team is relatively small though not new, gives us less chance to completely rewrite the whitepaper, hence the cause for making minor adjustments in the original Pundi X white paper. Our project is 100% legit and the team will be releasing some beta of our MVPs in the coming months. Everyone working on the project are mainly blockchain and app dev from different regions. We only shared the same interests, which is to make contribution to the world of cryptocurrencies and make our name never to be forgotten in the areas we serve, for good.
Our original white paper is in the works and it will be released in a week time. That’s why the current whitepaper what tagged as the unrevised and speculative version.
On where you mentioned Newbies bumping the thread up:
We will like you to be aware that we are relatively a new and coming project which is still a work-in-progress. We really want the public to be aware of what we are bringing up into the cryptoverse, hence, the reason why we started an airdrop program. The airdrop wasn’t only meant to drive awareness and publicity toward the project. All team working on the project are private individuals with blockchain development knowledge. We just want to use our talent to serve the crypto cummunity not harm or defraud them. And since this is an airdrop which most of our tokens are going to be distributed for free, we only encouraged participants to give unbiased reviews about the project on our official thread and also challenging questions as those will really help us on our journey of building the platform. We really hope you see the truth in this.
If this has caused any distrust in us, we really urge to you please have faith in us and we will prove ourselves right. We sincerely apologize for confusions and if any, perplexities we may have caused within the crypto community. We will be very honored and grateful if you can reverse your statement about the project as we are more than willing to avoid anything which may dent the project reputation.
Sincerely,
daniel R, Gattello
COO, CadinEx.
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June 26, 2019, 01:14:25 AM
 #3

Come on! If you have same aim of the project Pundi X why you haven't said so on the very first place on your whitepaper or on your site. Now been caught underhanded you'll just explain what your project want to be? Seems unprofessional.

On where you mentioned Newbies bumping the thread up:
Yes that is correct that it's full of shitpost from spambies with all context of only "good project", "nice project" blah blah. You want proofs? Here is my report history and I highlighted just one report to see that it is really your thread.




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