Topic: This project has been abandoned (Read 461 times)

CONGRATS!! 
This is 2020. Welcome to the year when (indicated as) scam project will not be survived. Many investors has learnt from previous tough year (2018-2019). Any "weak" projects (in preparation, funds and etc) will not  survived. GUARANTEED.

Plagiarized white paper, non-existent company with an investment product in the form of a security token, suspicious owners/core team, without any previous references, with a vision of a revolutionary DeFi project !?
Yeah, the success of this 'project' was guaranteed.

Don't let the door hit you in the ass on the way out!

Where one project falls, another is born https://bitcointalksearch.org/topic/project-announcement-projecte-privacydefi-5271655

"looks like you really don't have any idea about traders lol" Whatever you say 

"And I have showed this as an example." If you believe "Tradingview profile" can justify the founder experience in trading, why don't you sell it on the Whitepaper/website? To show someone like me (a newbie), that your founder is a woooooow super strong founder, a moon coin

Tradingview is the basic tool of a trader, looks like you really don't have any idea about traders lol. And I have showed this as an example.

A profile on Tradingview can justify his experience in this sector. Okay, big selling point guys! You should put it on the Whitepaper and website!
Crimson to the moon!

Really? Did you even check their profiles on Linkedin? Let me show you something.

Don't tell me DeFi and ICO hype was there 5 years ago. The founder sometimes shares his analysis with community, not for business but just as passion. This is screenshot of his tradingview profile, it justifies his experience in this sector.

I have already told above, 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 through DApp.

I must defend against false acquisitions. This is a legit project, so it needs to get defended. I am managing this bitcointalk section and it's my responsibility. You can verify every details that have been provided and check yourself if it's legit or scam.

Hmmmm boys I was talking about ICO, OMG I missed the Bitcoin ICO

"A lot of top crypto had single or two developers." experience experience and experience I said your two guys "empty or 0 relevant backgroun"

"how many people do you need to trade on Binance or stocks lol" What about trading now? experience experience and experience

"It looks like you don't even understand what it's all about." Most likely, tell me then lol 

"And your rank in bitcointalk shows how experienced you are, newbie." Yep, you're right, I am a newbie and you're a Copper Member, so what?
Crimson Capitals:
Position:   Copper Member
Date Registered:   August 07, 2020, 07:18:27 PM

Leif D
Position:   Newbie
Date Registered:   December 18, 2017, 02:49:11 PM

Why don't you show us something and make us shut up then arguing here (defending). Oh do you think you can avoid this warning banner? Maybe you can do something.

"Warning: One or more bitcointalk.org users have reported that they believe that the creator of this topic displays some red flags which make them high-risk. (Check their trust page to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.

These warning banners will disappear when you have 7 days of login time. You should familiarize yourself with the trust system before then."

They invested in Bitcoin where there was only one guy, Satoshi Nakamoto. Satoshi didn't share his linkedin profile. A lot of top crypto had single or two developers. Number of people doesn't matter here, the project and it's success does. Tell me how many people do you need to trade on Binance or stocks lol. It looks like you don't even understand what it's all about. And your rank in bitcointalk shows how experienced you are, newbie.

Oh come on boys, "game" I meant ICO... this kind of fund raising game. "They have invested in a lot of cryptos/DeFis" tell me that they invested in some ICOs that only showed 2 guys with empty or 0 relevant background, and most importantly didn't get REKT.

Having a Bitcointalk profile or not doesn't prove anything. Like Justin Sun, Binance CZ don't have Bitcointalk profile.

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.

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.

Care to share their bitcointalk profiles with us? Surely they are respectable members of this community, aren't they?


By stealing someone else's intellectual property and lying to potential customers? Obviously we have a very different understanding of the term 'honesty' ...


Yeah, but what if they're just trying to scam us?

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.

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.

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.

"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"

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!


Yeah! This makes them unique. And the funny thing is that there isn't even a mention of the legal aspects of their company.

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

Whitepaper A has been published, check it out: https://crimsoncapitals.com/whitepaper/crimson-capitals-whitepaper-original-v1.pdf

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.

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.

---

By the way, a great relationship with potential customers. I admire your communication skills. 

Yeah you know all the plans, that was not even tokensale fund, what a point.

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.

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

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.

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.

Thank you for the heads up, we are working on that issue right now and also a reply has been posted there.

You have issues with your whitepaper, as mentioned in this thread : https://bitcointalksearch.org/topic/m.55048468
To new investors, please avoid to invest in this project till Crimson teams provide clear and detailed response. And please always remember this quote "Don't trust, Verify".

A new article about Crimson Capitals has been published on Medium: https://medium.com/@CrimsonCapitals/introduction-a60cdd405737