Do you even read whitepaper bro? - page 111.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: Blas on February 28, 2018, 05:42:15 PM

Quote from: Yana_M1 on February 28, 2018, 03:54:37 PM

When you participating in bounty I don't think you should read the whitepaper and when you investing in ICO, of course, you must read it.

I don't agree with you, because there are a lot of scam ICO. reading the whitepaper can give you some idea of the nature of the project. Is it good or not and so on? When participating in bounty you are investing your time so why wasted if the project is no good?

Only dumb people would really waste their time into projects which is totally a crap one but the yet we are still facing this problem after all these years on crypto which even on reading up the whitepaper isnt really still a guarantee that you are engaging into a good project.I have seen there are lots of good projects in terms on reading up their WP but yet in the end they do still failed down.

LainL1

newbie

Activity: 69

Merit: 0

yes, try every project is read first whitepaper it. with a whitepaper, we can know the elements of the project, from the concept of the project, the business plan, to the development team of the project.

Blas

full member

Activity: 490

Merit: 100

Quote from: Yana_M1 on February 28, 2018, 03:54:37 PM

When you participating in bounty I don't think you should read the whitepaper and when you investing in ICO, of course, you must read it.

I don't agree with you, because there are a lot of scam ICO. reading the whitepaper can give you some idea of the nature of the project. Is it good or not and so on? When participating in bounty you are investing your time so why wasted if the project is no good?

Ovidijus01

newbie

Activity: 42

Merit: 0

Any ICO project should be researched, if you wanna invest in it.
A whitepaper it's important and you must read it.
Also you need to find a project on different social media platforms like Facebook, Telegram, Reddit and etc.
Another thing to know about the ICO's is to find professional reviews at specific web sites such like icobench.
One more important step before investing is to ask to see a smart contract at github.
I hope this info. will be helpful.

Vladislav Artur

newbie

Activity: 7

Merit: 0

The average investors I don't think reads a single white paper. I don't understand this. It's like marrying a woman without checking if she is the right sex. This was a poor example but you need to check the white paper, you can learn so much about the company for good or for bad

Hati

full member

Activity: 462

Merit: 103

Yes, I usually read the whitepaper before to invest in a project. I think it's fundamental, and it helps to reduce the risk. At least I read that part about which I have knowledge, such as the business plan and the economic part of the project. I still don't master the technical aspects, I don't know much about that. But I try to ask someone who knows more than me.

Yana_M1

full member

Activity: 350

Merit: 100

When you participating in bounty I don't think you should read the whitepaper and when you investing in ICO, of course, you must read it.

Yusuf214

newbie

Activity: 74

Merit: 0

Yes i am reading whitepapper before investing in any ICO because whitepapper contains every necessary information which we need to know about the project. Reading whitepapper before investing in ICO project is very useful way to invest.

Klovezio

member

Activity: 350

Merit: 11

Quote from: CryptoDemonElite on February 07, 2018, 01:07:29 PM

Let be real. How many of you guys actually read the whitepaper? I read whitepaper sometimes, but reading multiple of them can be a burden and a headache. Do you guys got any tips on getting through whitepaper a little faster. It killing a lot of time. Thank.

I prepare carefully for video reviews and always read and think about the meaning of this document. This is very important for understanding the future of the project.

rlclub

newbie

Activity: 28

Merit: 0

If you want to understand where your money is going, I recommend reading whitepapers, watching videos, and carefully looking through web content. You want to look at the integrity of the business plan and the people who will execute on it.

Check out the ICO for RLCoin, an enterprise solution for loyalty: www.rlcoin.io. The product has existing traction with 250 clients and partners in Europe and Asia.

Mumbeeptind1963

hero member

Activity: 1190

Merit: 568

Sovryn - Brings DeFi to Bitcoin

Quote from: klebsiella on February 28, 2018, 11:08:18 AM

Reading the whitepaper is really time consuming, but then I agree with what most of the people said in this thread, it is important! If you want to invest your hard earned money in the right ICO, then read the whitepaper. If you are lazy, then choose to read the very important details such as: What is their product and its usage? What is the problem they want to solve and how will the project do it? Their vision? Who is in the team behind the ICO?

Yeah I do read qhite papers but it's true that it was time consuming if you're going to read it first before you going to register on the ICO you're going to join with. Though it may seems time consuming but i need to read it first to check the background of the ICO and if it is worth it to work on with this ICO. Sometimes we need to lot our so much time on keep on reading and reading.

superloy

member

Activity: 126

Merit: 11

#1 ICO on a Global eCommerce Ecosystem! Worldwide

Quote from: chaser15 on February 28, 2018, 11:46:19 AM

Quote from: MancyZz on February 28, 2018, 08:43:59 AM

usually, the explanation on the whitepaper is usually too long-winded so spend our time. to make efficient the time normally I just read a glance by taking the core of the project. usually I also just read the important info I am looking for and the advantages of the project.

You don't need to read the whole whitepaper.

As an investor, what you must look for is:

-Technology
-Uses
-Token policy
-ICO period
-ICO terms
-Roadmap

Can't imagined why others will just invest their money just because of hype and when ICO ends, lots of questions will be asked by them and all answers can be found on whitepaper.

That's the important information and project detail if you're an investor.
For me, I haven't invested yet but I really do have my favorite altcoins when I do invest in the future and Yes, those you mentioned above are some of the many project information that' s needs to be considered because we really don't waste our time and our money on investing into scam ICOs.
I do not prefer white papers but instead I will bump into their Telegram Channel group and check whether they have many active members otherwise, I'll better drink a cup of coffee and rest.

superloy

member

Activity: 126

Merit: 11

#1 ICO on a Global eCommerce Ecosystem! Worldwide

Quote from: CryptoDemonElite on February 07, 2018, 01:07:29 PM

Let be real. How many of you guys actually read the whitepaper? I read whitepaper sometimes, but reading multiple of them can be a burden and a headache. Do you guys got any tips on getting through whitepaper a little faster. It killing a lot of time. Thank.

In my personal experiences, I never read white papers, but only few of them.. Very often. I do read white papers only when I already get the bounty stake tokens and try to understand what is their project is all about but that's it. I don't do read white papers that bumps my screen and for me it seems waste of time because most ICOs are just having the same projects and the world "decentralization" is too garbage on my ears.

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: MancyZz on February 28, 2018, 08:43:59 AM

usually, the explanation on the whitepaper is usually too long-winded so spend our time. to make efficient the time normally I just read a glance by taking the core of the project. usually I also just read the important info I am looking for and the advantages of the project.

You don't need to read the whole whitepaper.

As an investor, what you must look for is:

-Technology
-Uses
-Token policy
-ICO period
-ICO terms
-Roadmap

Can't imagined why others will just invest their money just because of hype and when ICO ends, lots of questions will be asked by them and all answers can be found on whitepaper.

PaPog

newbie

Activity: 126

Merit: 0

Of course i read the whitepaper, you can decide that ICO you join is good or not, first from the whitepaper, do not be lazy to read the whitepaper and the website, to learn all of information about the project.
You can see roadmap of the project from whitepaper.

klebsiella

full member

Activity: 392

Merit: 100

Reading the whitepaper is really time consuming, but then I agree with what most of the people said in this thread, it is important! If you want to invest your hard earned money in the right ICO, then read the whitepaper. If you are lazy, then choose to read the very important details such as: What is their product and its usage? What is the problem they want to solve and how will the project do it? Their vision? Who is in the team behind the ICO?

Alex09012004

newbie

Activity: 280

Merit: 0

I guess if you plan to invest your money in the project, it's very important to analyse it thoroughly . And reading of whitepaper is one of the most important aspects.

matrasatan

newbie

Activity: 14

Merit: 0

A lot of projects are offering one-pager a short copy of the WP.
Anyway, I'm always checking three things -
1) technology - how innovative it is, whether it is real to implement it and how blockchain related to the project
2) token distribution - max supply, whether the unsold tokens will be burnt, whether the tokens are frozen/locked for 12-18 months (for team, founders etc)
3) team - whether they real or not and years of experience + references on the internet

Soots

sr. member

Activity: 1050

Merit: 251

Quote from: MancyZz on February 28, 2018, 08:43:59 AM

usually, the explanation on the whitepaper is usually too long-winded so spend our time. to make efficient the time normally I just read a glance by taking the core of the project. usually I also just read the important info I am looking for and the advantages of the project.

Correct, which we need further explanation that's why we need some ideas from the white paper. Also, in some possible situation we can see if the project is very dedicated by their own white paper to provide us a copy if its a legit or not which also differ on their platforms, advocacy and platforms.

Morphling

full member

Activity: 308

Merit: 134

surely i will read whitepaper, people must be responsible for their investment and do a detailed research, so we should not only read the whitepaper but investigate the team member

Topic: Do you even read whitepaper bro? - page 111. (Read 9210 times)