[ANN][Pre-sale] Lambodefi 🚀 An ecosystem of decentralized finance products

[irfan_pak10]

Seems this project has plagiarized the whitepaper, whatsoever the reason is, we are going to lock this thread.

[irfan_pak10]

RESERVED

[tippytoes]

Based from the linkedin profiles of the team members, this project has been on the works since early last year. What do you think will be their edge today for holding their pre-sale? A lot of DeFi projects are already introduced. What will be their selling factor here for DeFi patronizers? And what is their target amount to raise during this pre-sale?

[irfan_pak10]

Based from the linkedin profiles of the team members, this project has been on the works since early last year. What do you think will be their edge today for holding their pre-sale? A lot of DeFi projects are already introduced. What will be their selling factor here for DeFi patronizers? And what is their target amount to raise during this pre-sale?

Their target is 1,5M USDT for the hard cap (2m Lambo tokens) and 500k for the soft cap (750k Lambo tokens), Project is offering a range of products and the team is really ambitious to make all those products available to the marketing before the expected date.

So basically Lambo Token is a tradable token which will be used as the official transactional currency of the LambDeFi ecosystem. What other functions it has?

Lambotoken will be used mostly as a tradable token and Lp token for their Swap dapp, can also be used for yield farming, staking and voting in lambodefi community! The most advantage to the owner of lambo token is the voting process! Where they can vote for all of the lambodefi ecosystems! what does it mean? it means you have the right to vote for lamboswap and lambolend and lambomint, all of their 3 main businesses! If the community wants to change anything they can vote to change it, not only the lambo Swap but Lend and mint too!

[bitLeap]

Based from the linkedin profiles of the team members, this project has been on the works since early last year. What do you think will be their edge today for holding their pre-sale? A lot of DeFi projects are already introduced. What will be their selling factor here for DeFi patronizers? And what is their target amount to raise during this pre-sale?

Their target is 1,5M USDT for the hard cap (2m Lambo tokens) and 500k for the soft cap (750k Lambo tokens), Project is offering a range of products and the team is really ambitious to make all those products available to the marketing before the expected date.

So basically Lambo Token is a tradable token which will be used as the official transactional currency of the LambDeFi ecosystem. What other functions it has?

Lambotoken will be used mostly as a tradable token and Lp token for their Swap dapp, can also be used for yield farming, staking and voting in lambodefi community! The most advantage to the owner of lambo token is the voting process! Where they can vote for all of the lambodefi ecosystems! what does it mean? it means you have the right to vote for lamboswap and lambolend and lambomint, all of their 3 main businesses! If the community wants to change anything they can vote to change it, not only the lambo Swap but Lend and mint too!

I think the use of Lambodefi is not much different from most other projects, do they have private investors or something? is there a bounty program later?

[sinstabal]

As I see Lambo team want to launch the project on Ethereum blockchain in near future and move the project to Binance Smart Chain (BSC)

[irfan_pak10]

Based from the linkedin profiles of the team members, this project has been on the works since early last year. What do you think will be their edge today for holding their pre-sale? A lot of DeFi projects are already introduced. What will be their selling factor here for DeFi patronizers? And what is their target amount to raise during this pre-sale?

Their target is 1,5M USDT for the hard cap (2m Lambo tokens) and 500k for the soft cap (750k Lambo tokens), Project is offering a range of products and the team is really ambitious to make all those products available to the marketing before the expected date.

So basically Lambo Token is a tradable token which will be used as the official transactional currency of the LambDeFi ecosystem. What other functions it has?

Lambotoken will be used mostly as a tradable token and Lp token for their Swap dapp, can also be used for yield farming, staking and voting in lambodefi community! The most advantage to the owner of lambo token is the voting process! Where they can vote for all of the lambodefi ecosystems! what does it mean? it means you have the right to vote for lamboswap and lambolend and lambomint, all of their 3 main businesses! If the community wants to change anything they can vote to change it, not only the lambo Swap but Lend and mint too!

I think the use of Lambodefi is not much different from most other projects, do they have private investors or something? is there a bounty program later?

Yes! We are preparing the bounty program and other promotional activities for this project.

As I see Lambo team want to launch the project on Ethereum blockchain in near future and move the project to Binance Smart Chain (BSC)

Quite interesting.

[Rikafip]

From what I could see, Lambodefi shared the reference links in their whitepaper (even though that could have been done much better and not just sharing them at the bottom of the whitepaper) but some of the content seems like its been taken from another DeFi project that is dead now, Cobweb Finance.

There are several examples of direct copy/paste, but one that really sticks out  is paragraph named "Marketing Strategy". Below is the screenshot of that, with Lambodefi on the left and Cobweb Finance on the right. Original source is from Cobweb Finance Medium where they published whitepaper back in November 2020 while Lambodefi whitepaper was published in December 2020 (at least that's what it says there).] so there is no doubt which one was out first.





As you can see, that is a word for word copy. First thing, I didn't see Cobweb finance being mentioned anywhere in the list of the reference, but even if it was mentioned, how can you copy marketing strategy explanation from another project?


So, I would like to hear from the team how exactly that happened, marketing strategy from another project ending up in their whitepaper?

[FatFork]

So, I would like to hear from the team how exactly that happened, marketing strategy from another project ending up in their whitepaper?

Oh, for the love of God. They copied a marketing strategy from a dead project? What an irony!
I'm hoping they don't have any lofty goals for their project.

[qwertyup23]

Hi, in addition the findings of Rikaflip, I would also like to invite your attention the picture of the team members, namely: "Jeremy Vaughn" and "Sharon Cook."

According to this WEBSITE, if there is any disparity between the eyeglasses frame, it highly concludes that such picture is computer-generated, to quote:

Look at the frame structure; often the frame will take one style at the left and another at the right, or there will be a wayfarer-style ornament on one side but not on the other. Other times the frame will just be crooked or jagged.¹

From the above image, you can see clearly the disparity and the difference of the eyeglasses of both of the pictures which again, suggests that their photos are fake. Thus, the team members posted by this project (as for Jeremy and Sharon), are fake.

¹ https://www.whichfaceisreal.com/learn.html

[Rikafip]

Oh, for the love of God. They copied a marketing strategy from a dead project? What an irony!
I'm hoping they don't have any lofty goals for their project.

It is ironic indeed, but let's wait for an answer from the team.

Hi, in addition the findings of Rikaflip, I would also like to invite your attention the picture of the team members, namely: "Jeremy Vaughn" and "Sharon Cook."

Yep, I didn't want to  mention that until I got confirmation from a few different sources as earlier today I asked you and another forum member  to confirm my suspicion that LamboDefi team is fake. That other member pretty much agrees with our findings.

Just wanna add that I think not only those two are fake, but two others, namely Kaiden Reyes and Alex Bowman are most likely fake too. It was the "Alex Bowman" photo that caught my initial attention. The only one that seems like a real person is "Adefemi Yusuff Adegoke", and there is an obvious difference in quality of his and all other team member photos.


If we are all wrong and these are real people, Lambodefi team shouldn't have an issue to provide few more photos of their team members or even better make a YT video proving that those are real people and not generated photos. Based on my previous experience, somehow I doubt we gonna get that.

[FatFork]

Reverse image search reveals some more interesting details. The photo of Lambodefi founder, Alex Bowman, appears to be identical to the photo in photographer Chris Gillett's portfolio, which can be found at https://headshotcrew.com/gillett


source: https://www.lambodefi.network/


source: https://headshotcrew.com/gillett

Although it is possible that it is the same person, I seriously doubt that someone from Manchester, England (as per his LinkedIn profile) would travel nearly 5,000 miles to take his headshot photo.