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Author Topic: Can whitepaper still shows the weakness of a project and their team  (Read 914 times)
Oilacris
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October 01, 2022, 09:56:06 PM
 #61

If the idea is copied, and it also happens that team members are copied, or fake photos are added to team photos, to which the organizers later explain that fake photos are for privacy, all this suggests that this is a scam. 
At the same time, copying, and even a partial change, speak only of the impending scam. It happened many times. To collect money from future investors, scammers do not disdain anything, add strangers to the team, and copy other people's ideas.
A copied whitepaper is a total turn off for any investor, I can't take any project that copy others whitepaper even if it just a portion of the whitepaper that is copied from other project is still a red flag. If a project can not take the time to right their own whitepaper then it shows that there is no seriousness in them and also show that team project is just a potential scam waiting to happen. Most of the altcoins projects are guilty of this copied whitepaper scam and that is why we have so much scam projects around the altcoin market today.
Due to lots of projects in the market then there's no way on whose project or the origin of the said whitepaper which is something a very tough challenge if you do really tend to trace up its origin and find

the original ones.We know that there are lots or most of project creators would just simply copy out someones projects Whitepaper which is really that shit, there's no originality.

Its really hard to tell which one to believe yet everything almost identical.There might be some alterations or changes made up but it would be that
obvious that they are just copying into each other.

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October 01, 2022, 10:33:38 PM
 #62

Sometimes there are some crypto projects that have almost the same white paper as other projects or in other words, they partially copy it from the previous project. And it turned out that unexpectedly, the project was actually a success in the market. The success of the project is not due to the white paper it has, but depends on the team and the goals of the project.

I have never come across a project with a plagiarized whitepaper that was ultimately successful. Can you give us an example of such a project?
I mean, if the team wasn't competent enough of writing their own whitepaper, what are they really capable of anyway?
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October 01, 2022, 10:45:40 PM
 #63

I have never come across a project with a plagiarized whitepaper that was ultimately successful. Can you give us an example of such a project?
I mean, if the team wasn't competent enough of writing their own whitepaper, what are they really capable of anyway?
Actually not projects with plagiarized whitepapers can be categorized as successful projects but one of them many projects may be lucky to experience high price increases due to the effect of fomo news to influence the community, so the category of successful projects for long term development and currently no successful projects / top projects copying whitepapers are found from other projects or other sources without mentioning the source.

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October 01, 2022, 11:03:31 PM
 #64

Yes i think it shows their weakness or their quality. If there is any copied part i wouldnt waste my time to on it. And if team make revision or update on their whitepaper i consider them worth to examine. I said that because in my opinion they are trying to be transparent on their job. If so that, they are worth to follow. With this attidude my failure rate is so low.
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October 01, 2022, 11:21:29 PM
 #65

Well OP, not totally the basis to say if that project or that whitepaper itself is the basis to say it was a scam project but if we can find out that is was a copy from other projects, it is pretty obvious that was a scam. But why there are so many people into scam projects? And that is because we all not bothered to read each whitepaper of all projects, that is why we don't know if that is a copy or not, or if there is a part of it that wasn't easy to remember.

It was not a weakness of the project but this serves us a hint that this project can't be trusted nor is worth trying for this is an indication of a questionable project.
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October 01, 2022, 11:27:12 PM
 #66


Since the creation of this thread, OP is still not mentioning those big projects that somehow copied a whitepaper.

The fact that OP used the word "big projects", should be supposed to be popular by now or successful on their run.

Still waiting for those sample big projects that did this copied whitepaper scheme.

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October 01, 2022, 11:35:47 PM
 #67

At the bare minimum a new project should have an original whitepaper. If it is plagiarized then I would have no confidence in it being a legitimate project. There are even some websites where you can hire someone to write a whitepaper for you for very cheap. There really is no excuse for copying a whitepaper.
A project that used plagiarized whitepaper was a scam project and it doesn't matter how excuse already made by the team. So many scammers are not creative in creating the whitepaper. that's why they were trying to take or hire someone from internet to create whitepaper for them. The only problem is those scammers didn't even aware if someone who already hired by them were doing copy paste with the whitepaper that will be used by scammers lol

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October 01, 2022, 11:55:29 PM
 #68

It should be common sense, a project copying a whitepaper shows not capable of running a project.

A whitepaper should be its own work. If they will copy a whitepaper, that's a red flag.

If that simple thing can't properly execute, how more the future of the project.

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October 02, 2022, 06:09:56 AM
 #69

Most times a project Whitepaper revealed it all, either good or not good enough or even a scam project you can find it all in the whitepaper but I have seen very few projects that later work on the whitepaper, or let me say upgrade their whitepaper and they are doing fine since then.
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October 02, 2022, 06:28:30 AM
 #70

this is an issue that people need to start not to ignore the fact that a whitepaper should not be copied, even if there are some parts it should not be copied, we have to ask ourselves the following:

There were 1 and 2 world wars. right? and how many books are there in the world about world war? There are thousands of books, but each historian went to the field to do research, he sought to know the version of a survivor and told this story in the book, the historian cannot copy someone else's book and sell it.

with altcoins it should be the same thing, the person must sit down and create their project and after creating that project the person explains everything in detail in the whitepaper, no need to copy from other people. now when the person copies, then that person did not sit down to research the project, the idea is not his, with that it is clear that we are facing a scam project. in the past a guy who plagiarized whitepaper said like this: "I copied some stuff from the altcoin Z whitepaper because I'm forking this altcoin so no problem", I told him I had a problem because he was forking because he wanted to improve something that altcin and his altcoin was new altcoin and he had to have his own ideas and put that in the whitepaper

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October 02, 2022, 08:03:32 AM
 #71

For newbies is a copied whitepaper still a red flag for projects? I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

well if it's a plain copy paste it's bad then..

imagine raising a project and in the process, people know your project just copy paste some shit, and you will lose trust in people who support the project.
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October 02, 2022, 11:12:31 AM
 #72

For things like this, there are indeed many projects that use white paper only to be copied in a few sentences, the vision and mission is the same, it looks like a fraudulent project. Especially now that we are in a bear market condition, many people are competing to make projects by copying white papers and correcting and then replacing some data that they think is important for making projects. If you look at the project with the white paper copy, this is clearly a scam project they just want to take advantage of a damn project like this and it will definitely not make this project a success in the future. So basically if you really see it better go and leave or you can do something to let everyone know this project is a scam and don't forget to provide any important evidence you saw in the project.
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October 02, 2022, 12:33:04 PM
 #73

For newbies is a copied whitepaper still a red flag for projects? I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

Ofcourse yes. The potential projects will definitely work hard to make their whitepaper define the actual potential of their project.
They would want the people to understand what they are making and they will want people to support them.
If a project is having a whitepaper which is matching with other projects then it is mostly a scam project.
Besides that, if there isn't anything new to bring to the table why would people invest in that project anyway.

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posi
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October 02, 2022, 01:11:19 PM
 #74

At the bare minimum a new project should have an original whitepaper. If it is plagiarized then I would have no confidence in it being a legitimate project. There are even some websites where you can hire someone to write a whitepaper for you for very cheap. There really is no excuse for copying a whitepaper.
A project that used plagiarized whitepaper was a scam project and it doesn't matter how excuse already made by the team. So many scammers are not creative in creating the whitepaper. that's why they were trying to take or hire someone from internet to create whitepaper for them. The only problem is those scammers didn't even aware if someone who already hired by them were doing copy paste with the whitepaper that will be used by scammers lol

There would be no excuses to listen to in this situation, if they were really serious about developing a project, they wouldn't need to go for plagiarism. Build projects from the ideas that come to their mind so they are fully qualified to create something unique and create their own personality. Once they copy, plagiarism shows they don't have any idea or plan for any project they are just trying to scam people.

Scammers often don't want to think much, just go and steal ideas and say it's theirs to scam. In short, once you come across projects like this, you should stay away from it and give warnings to the community to remove it as soon as possible.

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October 02, 2022, 07:28:59 PM
 #75

A project that used plagiarized whitepaper was a scam project and it doesn't matter how excuse already made by the team. So many scammers are not creative in creating the whitepaper. that's why they were trying to take or hire someone from internet to create whitepaper for them. The only problem is those scammers didn't even aware if someone who already hired by them were doing copy paste with the whitepaper that will be used by scammers lol

If a project is created with the sole purpose of raising money from gullible investors, then the organizers try to minimize their costs. In this case, as a rule, a free domain is registered, from which the design is copied, and a whitepaper copied from another project is also presented.

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October 02, 2022, 10:02:09 PM
 #76

For newbies is a copied whitepaper still a red flag for projects?

Definitely, that is a red flag.  It only shows how scum the developer is.  Plagiarising other's whitepaper is a serious crime and is considered theft.

I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?



It does matter, ever seen a project being busted when their whitepaper is discovered plagiarized?  We have several of them on the reputation/scam accusation board.  Those project that got caught with plagiarized whitepaper often ends up badly due to the members review in this forum.

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

It is simple, stay away from projects that has red flags.  and if ever you find out one, you can point that out and announce it in this forum to get support from the member in busting these kinds of scam projects.

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October 03, 2022, 10:21:31 AM
 #77

this is an issue that people need to start not to ignore the fact that a whitepaper should not be copied, even if there are some parts it should not be copied, we have to ask ourselves the following:

There were 1 and 2 world wars. right? and how many books are there in the world about world war? There are thousands of books, but each historian went to the field to do research, he sought to know the version of a survivor and told this story in the book, the historian cannot copy someone else's book and sell it.

with altcoins it should be the same thing, the person must sit down and create their project and after creating that project the person explains everything in detail in the whitepaper, no need to copy from other people. now when the person copies, then that person did not sit down to research the project, the idea is not his, with that it is clear that we are facing a scam project.
Unfortunately that is not the case for 99.99% of the projects. I have seen too many people with basically the same exact token and they just didn't do enough improvements on it and then say go with utility instead, create literally the same token and use it in a different name and then add a utility is not the way to go.

Original works are no longer available in crypto, there are a few, but they are unique and rare which means that it is really hard to find them and even when you do, they may not have the funding to keep going and they may fail. This is why I believe that it is going to be a lot better for everyone involved if we could end up with a better return with the coins we already know at the top.
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October 03, 2022, 10:24:44 AM
 #78

White paper to me is just a copy pastes writing or a written words that disclose more about a project and we should not be mislead by what we see. Many of the rug pull projects I have seen had interesting white paper that are very convincing enough to capture investors mind making them lose huge funds because of what they read and promises about the project.
that's not more than a way for the developers to telling the story about the imagination to develop the project. I rarely seen projects that fully following the roadmap. They were always taking the opposite decision. The fact that if so many times people have aware if dev change their roadmap at the middle of development progress. WP is just BS from the team right now. Im only interested to read it caused by tokenomic and no more

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October 03, 2022, 12:07:11 PM
 #79

in the whitepaper, it is clear how the development of their project in the future. in the whitepaper, their vision and mission must be clear. In addition, you need to clearly see that the whitepaper follows what project, if it is a large project, it might be useful and develop in the future, but they need to differentiate with more advanced project development. however, if it's a whitepaper from a failed project, then it's best to stay away from it.
After all, Whitepaper is the thing they will do in the project. if they really don't really care about their project, then they will show weakness in the whitepaper.
Not really the thing I consider when choosing the project because there are a lot of things that we need to see. In fact, a whitepaper can be full of lies, you can't just simply think that it will be followed, not even the roadmap. This is not actually the basis to tell the weakness and strength of the project but rather rely on the output of their developments. Because it was useless to see and read such a promising whitepaper but lack of executions as it will still end nothing.

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October 03, 2022, 12:20:03 PM
 #80

as you say it's a big project, meaning serious and methodical investment projects to prepare for a long working process, why can't they create a whitepaper of their own? but have to go copy someone else's. their very actions tell you that they wanted to scam you in the first place, because those things are not theirs but they claim to be theirs

such type of project is not worth considering let alone investing in it. don't believe any excuses from scammers, they are just trying to trick you and have no better intentions

in the whitepaper, it is clear how the development of their project in the future. in the whitepaper, their vision and mission must be clear. In addition, you need to clearly see that the whitepaper follows what project, if it is a large project, it might be useful and develop in the future, but they need to differentiate with more advanced project development. however, if it's a whitepaper from a failed project, then it's best to stay away from it.
After all, Whitepaper is the thing they will do in the project. if they really don't really care about their project, then they will show weakness in the whitepaper.
what you said about the whitepaper is true even though they are incomplete but it looks like you are just reading the title of the article and not the content of the OP's article

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