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Topic: Do you even read whitepaper bro? - page 111. (Read 9187 times)

hero member
Activity: 2730
Merit: 632
February 28, 2018, 06:52:48 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.
newbie
Activity: 69
Merit: 0
February 28, 2018, 06:48:25 PM
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.
full member
Activity: 490
Merit: 100
February 28, 2018, 06:42:15 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?
newbie
Activity: 42
Merit: 0
February 28, 2018, 06:37:56 PM
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.  Smiley
newbie
Activity: 7
Merit: 0
February 28, 2018, 06:32:55 PM
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
full member
Activity: 462
Merit: 103
February 28, 2018, 06:25:00 PM
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.
full member
Activity: 350
Merit: 100
February 28, 2018, 04:54:37 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.
newbie
Activity: 74
Merit: 0
February 28, 2018, 04:21:24 PM
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.
member
Activity: 350
Merit: 11
February 28, 2018, 03:39:05 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.
newbie
Activity: 28
Merit: 0
February 28, 2018, 03:35:42 PM
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.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
February 28, 2018, 01:02:34 PM
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.
member
Activity: 126
Merit: 11
#1 ICO on a Global eCommerce Ecosystem! Worldwide
February 28, 2018, 12:54:06 PM
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.
member
Activity: 126
Merit: 11
#1 ICO on a Global eCommerce Ecosystem! Worldwide
February 28, 2018, 12:49:16 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.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
February 28, 2018, 12:46:19 PM
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.
newbie
Activity: 126
Merit: 0
February 28, 2018, 12:31:56 PM
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.
full member
Activity: 392
Merit: 100
February 28, 2018, 12:08:18 PM
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?
newbie
Activity: 280
Merit: 0
February 28, 2018, 11:39:47 AM
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.
newbie
Activity: 14
Merit: 0
February 28, 2018, 10:01:54 AM
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
sr. member
Activity: 1050
Merit: 251
February 28, 2018, 09:54:01 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.
full member
Activity: 308
Merit: 134
February 28, 2018, 09:47:28 AM
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
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