Crimson Capitals (OP)
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August 22, 2020, 10:13:33 PM
Last edit: August 29, 2020, 03:01:58 AM by Crimson Capitals |
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Sorry to say, but this project has been abandoned. No funds were collected from crowd. |
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Crimson Capitals (OP)
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August 23, 2020, 04:26:45 PM |
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Thank you for the heads up, we are working on that issue right now and also a reply has been posted there. |
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wmaurik
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August 23, 2020, 04:55:51 PM |
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Thank you for the heads up, we are working on that issue right now and also a reply has been posted there. Apart from Whitepaper issue, I found an interesting thing the address of contract creator sending ethereum to an unknown address twice, after that ethereum was received in another unknown address which was my question why that address had sent eth to Forsage.io which is known as a ponzi site, This is suspicious.  |
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Crimson Capitals (OP)
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August 23, 2020, 05:19:35 PM |
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Thank you for the heads up, we are working on that issue right now and also a reply has been posted there. Apart from Whitepaper issue, I found an interesting thing the address of contract creator sending ethereum to an unknown address twice, after that ethereum was received in another unknown address which was my question why that address had sent eth to Forsage.io which is known as a ponzi site, This is suspicious. You can ask why ETH was send to an address (though you can't ask it, people has freedom to spend their money) from contract creator but can't ask why ETH was send to an address that is 1 degree away. Contract creator deposited 1.564434 ETH initially to deploy the smart contract but 100% of it wasn't taken as deployment fee. So few other small payments/transactions have been cleared with the leftover amount. Now it's not possible to say what the receiver will do with his money. |
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Crimson Capitals (OP)
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August 23, 2020, 06:13:11 PM |
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Everyone, this is an important announcement regarding to our Whitepaper. We got to know that our Whitepaper is plagiarized with PECUNIO Whitepaper. 8 pages out of 33 pages have similar contents as Whitepaper. This issue came into our knowledge when one of the bitcointalk member pointed it out. Our Whitepaper was rewritten by a local content writer and it was his 1st Whitepaper writing and made a mistake. This is our mistake, we didn't check for plagiarism before publishing our Whitepaper. We didn't do this intentionally. And we are very sorry for this. But there is nothing to worry as our business case is completely different and unique. This is the first decentralized investment based dividend paying project. We are working on our new whitepaper and will be published within few hours. Rest assured that, this project is legit and every details mentioned in our website and about core team is real and legit.
Kind Regards,
- Crimson Capitals
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MonsterV
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August 23, 2020, 06:47:27 PM |
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Apart from Whitepaper issue, I found an interesting thing the address of contract creator sending ethereum to an unknown address twice, after that ethereum was received in another unknown address which was my question why that address had sent eth to Forsage.io which is known as a ponzi site, This is suspicious. ahhaha, looks like this project are planned to use investor money and invest it on forsage then they will use monthly profit from forsage hyip to pay their user monthly who hold their token, well they have bad start getting caught by plagirized whitepaper, very shady project to me, stay away if possible. |
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Crimson Capitals (OP)
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August 23, 2020, 06:55:36 PM |
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Apart from Whitepaper issue, I found an interesting thing the address of contract creator sending ethereum to an unknown address twice, after that ethereum was received in another unknown address which was my question why that address had sent eth to Forsage.io which is known as a ponzi site, This is suspicious. ahhaha, looks like this project are planned to use investor money and invest it on forsage then they will use monthly profit from forsage hyip to pay their user monthly who hold their token, well they have bad start getting caught by plagirized whitepaper, very shady project to me, stay away if possible. Yeah you know all the plans, that was not even tokensale fund, what a point. |
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Stalker22
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August 23, 2020, 07:33:17 PM |
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Everyone, this is an important announcement regarding to our Whitepaper. We got to know that our Whitepaper is plagiarized with PECUNIO Whitepaper. 8 pages out of 33 pages have similar contents as Whitepaper.[...]
Looking at both documents, I noticed a large amount of copied/pasted text. How did you come to the conclusion that it was only 8 pages? Even the table of contents is almost identical. Did you even look at the original document and compare it to your own?  In any case, plagiarism in itself, regardless of quantity, is a pretty big omission and very bad for any project. Whitepaper is the backbone of the project and should not be taken lightly.
Yeah you know all the plans, that was not even tokensale fund, what a point.
By the way, a great relationship with potential customers. I admire your communication skills.  |
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CaVO32
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August 23, 2020, 11:21:47 PM |
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Everyone, this is an important announcement regarding to our Whitepaper. We got to know that our Whitepaper is plagiarized with PECUNIO Whitepaper. 8 pages out of 33 pages have similar contents as Whitepaper.[...]
Looking at both documents, I noticed a large amount of copied/pasted text. How did you come to the conclusion that it was only 8 pages? Even the table of contents is almost identical. Did you even look at the original document and compare it to your own? In any case, plagiarism in itself, regardless of quantity, is a pretty big omission and very bad for any project. Whitepaper is the backbone of the project and should not be taken lightly.
Yeah you know all the plans, that was not even tokensale fund, what a point.
By the way, a great relationship with potential customers. I admire your communication skills. We will see more of this situation because the DeFi hype is not over. So most of them are in a hurry to deploy their project to the public to get their share of the DeFi hype. With this, they overlooked some of the vital component of their project, which in this case is their very own whitepaper. As they hired someone to do that, it is aggravating that they didn't even check the content of their own whitepaper, which is basically the heart of their project. I hope people are not so gullible from this mistake and just forget what has been done. Because later on, you don't know what kind of problem you will gonna encounter because of this rush preparation. |
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Crimson Capitals (OP)
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August 24, 2020, 03:01:41 AM |
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Leif D
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August 24, 2020, 03:52:57 AM |
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Everyone, this is an important announcement regarding to our Whitepaper. We got to know that our Whitepaper is plagiarized with PECUNIO Whitepaper. 8 pages out of 33 pages have similar contents as Whitepaper. This issue came into our knowledge when one of the bitcointalk member pointed it out. Our Whitepaper was rewritten by a local content writer and it was his 1st Whitepaper writing and made a mistake. This is our mistake, we didn't check for plagiarism before publishing our Whitepaper. We didn't do this intentionally. And we are very sorry for this. But there is nothing to worry as our business case is completely different and unique. This is the first decentralized investment based dividend paying project. We are working on our new whitepaper and will be published within few hours. Rest assured that, this project is legit and every details mentioned in our website and about core team is real and legit.
Kind Regards,
- Crimson Capitals
Wait a second here, so your team didn't write the whole Whitepaper but asked a content writer to write it? Your team created this project, but didn't know how to write the whitepaper? **Update** "The tokens shall be considered as company shares." - already a STO, big boys will come after you |
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Stalker22
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August 24, 2020, 07:53:34 AM |
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Wait a second here, so your team didn't write the whole Whitepaper but asked a content writer to write it? Your team created this project, but didn't know how to write the whitepaper?
I may be wrong, but, frankly, I doubt it. There has never been any 'content writer' that's just their excuse for this train wreck. Nobody in their right mind would publish such an important document for any serious project without prior double-checking (and triple-checking). They say they have never even heard of the PECUNIO project before but, at the same time, claim that their project is 'completely different and unique'. How can anyone claim something like that if they haven't previously researched similar projects? And it just so happens that the whitepaper matches another project in over 60% of the content? Come on, give me a break! **Update**
"The tokens shall be considered as company shares." - already a STO, big boys will come after you
Yeah! This makes them unique. And the funny thing is that there isn't even a mention of the legal aspects of their company. |
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Leif D
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August 24, 2020, 03:25:41 PM |
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The project team wants to ensure each and every investor to profit no matter what, based on a wise choice of varying assets which include cryptocurrencies, stocks, bonds, commodities, Forex, and the depth of the company members have shown themselves to have years of successful experience in these fields.
"depth of the company members have shown themselves to have years of successful experience in these fields" Where? I saw two guys only. Like two guys deep? The team size is a joke for launching this huge project, huge I mean "investing xxxxxxx" plus "Defi project" |
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Crimson Capitals (OP)
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August 24, 2020, 03:49:16 PM |
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The project team wants to ensure each and every investor to profit no matter what, based on a wise choice of varying assets which include cryptocurrencies, stocks, bonds, commodities, Forex, and the depth of the company members have shown themselves to have years of successful experience in these fields.
"depth of the company members have shown themselves to have years of successful experience in these fields" Where? I saw two guys only. Like two guys deep? The team size is a joke for launching this huge project, huge I mean "investing xxxxxxx" plus "Defi project" It has been mentioned that they are core members/owners who are responsible for everything. There are many people working under them but it isn't mandatory to publish about employees. |
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Leif D
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August 24, 2020, 04:18:38 PM |
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The project team wants to ensure each and every investor to profit no matter what, based on a wise choice of varying assets which include cryptocurrencies, stocks, bonds, commodities, Forex, and the depth of the company members have shown themselves to have years of successful experience in these fields.
"depth of the company members have shown themselves to have years of successful experience in these fields" Where? I saw two guys only. Like two guys deep? The team size is a joke for launching this huge project, huge I mean "investing xxxxxxx" plus "Defi project" It has been mentioned that they are core members/owners who are responsible for everything. There are many people working under them but it isn't mandatory to publish about employees. You guys must be so new to this game that your team didn't write the whitepaper by themselves, and have only 2 core members with empty background. Go read some proper whitepapers and do some research 1st before answering or launching this "DeFi" project. |
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Crimson Capitals (OP)
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August 24, 2020, 04:56:07 PM
Last edit: August 24, 2020, 05:34:17 PM by Crimson Capitals |
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The project team wants to ensure each and every investor to profit no matter what, based on a wise choice of varying assets which include cryptocurrencies, stocks, bonds, commodities, Forex, and the depth of the company members have shown themselves to have years of successful experience in these fields.
"depth of the company members have shown themselves to have years of successful experience in these fields" Where? I saw two guys only. Like two guys deep? The team size is a joke for launching this huge project, huge I mean "investing xxxxxxx" plus "Defi project" It has been mentioned that they are core members/owners who are responsible for everything. There are many people working under them but it isn't mandatory to publish about employees. You guys must be so new to this game that your team didn't write the whitepaper by themselves, and have only 2 core members with empty background. Go read some proper whitepapers and do some research 1st before answering or launching this "DeFi" project. Core members are in this cryptospace since 2015, they are not new to this game, they have invested in a lot of cryptos/DeFis, and now for example watching Near Protocol to make possible investment strategies, I can say if this project reaches atleast it's softcap, a big portion of funds will be invested in Near Protocol. But yes, this was their first attempt to launch an ICO/tokensale and they choosed to go with the honest way, it's not impossible to make 15-20 profiles under team. People are doing this all the time. |
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Stalker22
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August 24, 2020, 07:21:42 PM |
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Core members are in this cryptospace since 2015, they are not new to this game
[...]
Care to share their bitcointalk profiles with us? Surely they are respectable members of this community, aren't they? But yes, this was their first attempt to launch an ICO/tokensale and they choosed to go with the honest way,
[...] By stealing someone else's intellectual property and lying to potential customers? Obviously we have a very different understanding of the term 'honesty' ... People are doing this all the time.
Yeah, but what if they're just trying to scam us? |
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Crimson Capitals (OP)
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August 24, 2020, 08:31:44 PM |
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Care to share their bitcointalk profiles with us? Surely they are respectable members of this community, aren't they?
Having a Bitcointalk profile or not doesn't prove anything. Like Justin Sun, Binance CZ don't have Bitcointalk profile. By stealing someone else's intellectual property and lying to potential customers? Obviously we have a very different understanding of the term 'honesty' ... what was the intellectual property actually? and how do you know it was lie or truth? Get a life, you are not even a Senior member of Bitcointalk. Stop posting $hit here. Just some additional contents were added by the rewriter from another project which the team were not aware of. It has been removed already and the team has published the original one in few hours. Show us if that original one is also copied from somewhere, then your word might have some value. And also, it is not possible to make a Whitepaper in few hours, it proves that there was already one version there along with the plagiarized one. Yeah, but what if they're just trying to scam us? 90% of the projects are scam or don't actually have any value. This cryptospace is full with project spams, development of bla bla bla which is not necessary for the world or for people, it is more like a troll and attempt to take away investors money. But Crimson Capitals is not that type of project, it's a straight forward project, more like a Trader - Investors contract, investors give money to traders, traders make money and share profit with investors. |
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