Thanks for all the feedback that you left for us on our subreddit for our website similarity post. We have created whitepaper analysis of ongoing ICOs as promised. The goal is to find plagiarism(copy+paste) of whitepapers.
Similarity algorithm works by first finding key terms in a whitepaper, and later checking with all the other whitepapers to find similar key terms. If you feel a bit technical, here’s a good start: http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.332.4480&rep=rep1&type=pdf
Range is between dark red to dark blue. Dark red is identical and Dark blue it different.
We found some of the ongoing ICOs are really similar to others.