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Topic: Can whitepaper still shows the weakness of a project and their team - page 2. (Read 918 times)

hero member
Activity: 2520
Merit: 952
Imo, most projects don't even follow wp anyway, they just do their own thing or worse project gets abandoned.
copper member
Activity: 1428
Merit: 253
I think what matters most is the technical and implementation of the project, they could be very well using the same generic templates like any other but if they couldn't be comprehensive in the technical then it seems that's red flag and their project could be just a scam.
what you say is true, but it might be difficult to analyze the technical and implementation of a new project. maybe it will be good to apply to projects that have been running for a long time in the market. of course when they already have a trade.

Unfortunately, there are still many new projects that even copy whitepapers from other projects. That's what makes it difficult for investors to believe in new projects.
legendary
Activity: 2534
Merit: 1338
I think what matters most is the technical and implementation of the project, they could be very well using the same generic templates like any other but if they couldn't be comprehensive in the technical then it seems that's red flag and their project could be just a scam.
While it is true that at the end the only thing that matters is the execution of the project, at the same time this is not something we can ignore, since if they plagiarize the white paper from another project then how likely do you think it is that those developers will actually work hard to make their promises and their vision a reality? And to me this is not very likely at all, and as such people need to avoid a project which does something like this.
member
Activity: 994
Merit: 14
Projects with copied whitepaper is already a red flag for me. If a team is truly serious about their project, they will take out time to come out with their own whitepaper even if they have similar ideas.

Some just go ahead and copy other projects whitepaper verbatim and only change the name of the project. That's bad and a sign that the team has dubious tendencies.

In academics, we oftentimes use previous literature for our personal work, but then, make sure you give credit to the original author, hence you get fined for plagiarism.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
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
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
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.
sr. member
Activity: 1162
Merit: 260
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
legendary
Activity: 2338
Merit: 1124
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.
legendary
Activity: 3010
Merit: 1280
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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.
legendary
Activity: 2268
Merit: 1655
To the Moon
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.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
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.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
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.
full member
Activity: 630
Merit: 102
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.
sr. member
Activity: 1079
Merit: 352
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.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
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
sr. member
Activity: 686
Merit: 403
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.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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
legendary
Activity: 3122
Merit: 1398
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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.
hero member
Activity: 2828
Merit: 518
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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