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Author Topic: SETiToken - Plagiarized WhitePaper  (Read 174 times)
tvplus006
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August 26, 2019, 10:15:09 AM
Last edit: August 26, 2019, 10:32:22 AM by tvplus006
Merited by bones261 (2), nutildah (1), bakasabo (1), lovesmayfamilis (1), TalkStar (1)
 #1

What happened: Plagiarized Whitepaper

Flag type 1 (support/oppose): https://bitcointalk.org/index.php?action=trust;flag=662

Profile Link  [ANN]: https://bitcointalk.org/index.php?topic=5178875.0
Archived: https://web.archive.org/web/20190826095824/https://bitcointalk.org/index.php?topic=5178875.0
Website: http://www.setitoken.io/
Archived: https://web.archive.org/web/20190826100031/http://www.setitoken.io/
Whitepaper: http://www.setitoken.io/SETIWPP.pdf
Archived: https://web.archive.org/web/20190826101025/http://www.setitoken.io/SETIWPP.pdf

Quote
Domain Name: SETITOKEN.IO
Registry Domain ID: D503300001119992835-LRMS
Registrar WHOIS Server:
Registrar URL: http://www.instra.com
Updated Date:
Creation Date: 2019-07-31
Registry Expiry Date: 2021-07-31



Left on the photo - SETITOKEN.IO, on right - FXPAY.IO

https://fxpay.io/pdf/FXPAY_V.1.4.pdf
https://web.archive.org/web/20190826100837/https://fxpay.io/pdf/FXPAY_V.1.4.pdf
Quote
Domain Name: FXPAY.IO
Registry Domain ID: D503300000069508908-LRMS
Registrar WHOIS Server: whois.101domain.com
Registrar URL: https://www.101domain.com
Updated Date: 2018-08-21
Creation Date: 2018-02-20
Registry Expiry Date: 2024-02-20







The rest of the Whitepaper pages are also a copy of the FXPAY WhitePaper.

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August 28, 2019, 03:57:08 AM
 #2

Hi,

My name is Nick van Rooyen, I the author of the FXP whitepaper. My background is in economics and I was brought in by the FXP team to help conceptualize their problem/solution and help to put it into White Paper form. Before I started, I was promised many things, namely,  100,000FXP plus 0.3% of the funds raised(which should have been a few thousand dollars). This was in 2017 and so far I have received 33,000FXP, worth about $6usd, and ZERO of the percentage of funds raised, with no promise of that ever getting paid to me.

I never kicked up too much of a fuss as FXP soon ran into big problems and it became evident that the white paper authors where at the back of the pecking order when it came to reimbursement. I never signed over any rights to my work and was never compensated in full. With the absence of full compensation, the work still remains mine.

Earlier in 2019 I was approached by the SETi team who have the exact same idea as the FXP project. They asked me to play the same role as I did with FXP and they paid me upfront for the White Paper. In hindsight, I could have altered the white paper to make it a bit more unique but the SETi guys have important deadlines to meet so the White Paper was submitted unaltered. I apologize for bringing any confusion and doubt to the SETi project and the Crypto space as a whole, but my remuneration was my priority for the hard work which I was not rewarded for at FXP. SETi are now the rightful owners to the contents of the White Paper. If I wanted to I could take it up with FXP to remove my work from their project, and perhaps I will.

I hope everyone understands this and this post can be removed as it is damaging to the SETi project.
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August 28, 2019, 05:15:58 AM
 #3

I apologize for bringing any confusion and doubt to the SETi project and the Crypto space as a whole, but my remuneration was my priority for the hard work which I was not rewarded for at FXP. SETi are now the rightful owners to the contents of the White Paper. If I wanted to I could take it up with FXP to remove my work from their project, and perhaps I will.

I hope everyone understands this and this post can be removed as it is damaging to the SETi project.
You were not rewarded from FXP, it doesn't mean other ICO will pay for that. Secondly there is no enough reason to trust you whatever you have said. You should not copy paste same content even it's your own. Because you just own content but projects owners if totally different. Both projects concept could not same 100% exactly. So OP topics is almost valid to me. You need to provide more evidence on behalf of your reply.

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August 29, 2019, 03:12:44 AM
 #4

I have already been compensated by SETi, in full. The project is exactly the same(using a utility coin as a settlement method on a forex platform to reduce trading fees). What evidence do you want to see?
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August 29, 2019, 09:11:45 AM
 #5

I have already been compensated by SETi, in full. The project is exactly the same(using a utility coin as a settlement method on a forex platform to reduce trading fees). What evidence do you want to see?
If you received full compensation from SETiToken, then you can try to sell this Whitepaper again for a new project. This can be called a new kind of fraud, selling the same Whitepaper repeatedly for another project.

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August 29, 2019, 12:51:14 PM
 #6

Im not sure if you read properly. FXP was my first employer, they didnt pay me. SETi is the 2nd employer, they have paid in full. The content of the white paper us now theirs.
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August 29, 2019, 01:06:27 PM
 #7

Im not sure if you read properly. FXP was my first employer, they didnt pay me. SETi is the 2nd employer, they have paid in full. The content of the white paper us now theirs.
I got it right) You for the preparation of this Whitepaper received from the FXPAY.IO 33,000 FXP. It didn’t suit you. And you sold this Whitepaper once again for the SETiToken ICO. Thus, you sold 2 times the same Whitepaper, making small changes.

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August 29, 2019, 01:22:56 PM
 #8

Im not sure if you read properly. FXP was my first employer, they didnt pay me. SETi is the 2nd employer, they have paid in full. The content of the white paper us now theirs.

Dude, you should have taken payment before allowing them to release that white paper, shit! /s

Now that you've confessed this on your own that you sold your "honesty" by using the same content in a different project just because your financial needs (or demands) were not met by the old ICO owners i.e.; FXP shows how unprofessional kind of a person you are and that none of the upcoming projects should ever, ever trust you in that case.

Just because of your greed, you ruined the name of a project?
Had they anything to do with FXP?
Did they give you the job thinking that you'll put down your old content in their project just because ^YOU DIDN'T GET PAID FROM YOUR OLD EMPLOYER WHAT WAS PROMISED^?
What about the project SETi that paid you?
Did they pay you for this?
Why did you do this to them?
You think that it's their content now and copyrighted by them but what about the insult that you brought to the project?
Ask yourself and tell me, did you do fair to SETi?

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August 30, 2019, 03:57:06 AM
 #9

Im not sure if you read properly. FXP was my first employer, they didnt pay me. SETi is the 2nd employer, they have paid in full. The content of the white paper us now theirs.
I got it right) You for the preparation of this Whitepaper received from the FXPAY.IO 33,000 FXP. It didn’t suit you. And you sold this Whitepaper once again for the SETiToken ICO. Thus, you sold 2 times the same Whitepaper, making small changes.

Yeah I wasnt happy with the $6 dollars I was paid. Getting paid in crypto of a yet to be launched project is like getting paid in exposure, its not worth shit. They told me they would give me 100,000FXP and I couldn't care less about that. The real payment was supposed to be in the form of 0.3% of funds raised which amounted to thousands of dollars. Which they never paid. Anyway, was fun talking to you guys. 
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