Post
Topic
Board Scam Accusations
Re: [Warning]BambooDefi plagiarised whitepaper + hiring sock puppet accounts
by
bamboodefi
on 23/11/2020, 17:06:38 UTC
We share a lot of features and although WP is modified with the things that differentiate us, I didn't think about the possible consequences of using some parts of crypto.com as a base, because many things are shared among many DeFi projects.
I do agree that many DeFi projects have similar features, but you went one step further, copying directly word for word from Crypto.com. Their explanations, charts, as I said before even text formatting is similar. In general, when you are verbatim copying, it has to be clearly visible that you took it from someone else, so you have to make distinction between something that you wrote and something that you copied. Just sharing links in the end is not enough, and you didn't even done that.
Yes, it was only my fault. I've been so concerned with explaining what differentiates us that I didn't realize there was no point in not explaining the rest of the details in our own words.


Your team surely read Bitcoin whitepaper. Haven't  you noticed those reference links in the end?
We are already adding the reference linksin the WP of all languages. It will take us hours, which are many languages in our web. But we hope to have it added during the next day. Right now I am on a business trip in Estonia, but when I get back to Spain we will rewrite everything that is copied or has too many similarities.

You said  in your whitepaper that you studied several projects like YAM, Sushiswap and Compound, yet the one which you used heavily as basis of your whitepaper you never mentioned. Not even one word about that.
This was also my fault, I had in mind to add it when we proposed the different pairs for the LPs, but in the end I didn't add it, by mistake. Sure....I know it's no excuse.
 

Regarding risk disclosure, that's another thing you copied word for word from crypto.com. I usually don't mention that because those things  tend to be very similar to each other but what baffles me is that you are mentioning legal company "Ferrer-bonsoms & Sanjurjo Abogados" as part of your legal team. Why didn't you consult them regarding all this? You could at least ask them to write you that part, as that's what legal companies are for, among other things.

I didn't consult them about the disclaimer, as I think all of them are the same or very similar, but taking your suggestion into account when I go back to Spain I will ask them to remake the disclaimer.


With respect to the countries, they are exactly the same, because they are the ones that the European laws oblige us to not sale.
Can you please share those laws ? It won't change much really as you probably wouldn't mentioned them if they weren't part of Crypto.com whitepaper, but I would like to have that for the future reference when I come across European based DeFi that is conducting sale.

It is not a specific law for DeFi, is for any sale (Pre-sale, Private Sale...ICO, STO).
Sorry it's not in English.
http://www.cnmv.es/docportal/Legislacion/FAQ/QAsFinTech.pdf
https://www.europarl.europa.eu/doceo/document/TA-8-2018-0178_ES.html?redirect#title2
https://www.boe.es/buscar/act.php?id=BOE-A-2015-11435

Thing is, we are overrun with DeFi projects similar to yours, where they just copy each others without adding anything new, just wanting to participate in this hype. Other than your project not being anonymous, I doesn't seem any different than dozens of those on this list DeFi-Scams - Big All-In-One-Thread - LAST UPDATE: 17/11/2020. More than half of them are guilty of exactly same thing, plagiarism and new ones are coming on the daily basis.

We have other projects ( outerringmmo.com,demo.experiencia360.es, auroracryptomachines.com and several more ) we would not compromise everything in such a stupid way. As I have already repeated a few times, it has been my fault and an overconfidence, thinking that what made us equal to the rest of projects was not necessary to work on it.  As I have said from the beginning, I want to fix these issues.