Pages:
Author

Topic: Do you read ICOs white paper before investing? - page 9. (Read 3662 times)

sr. member
Activity: 322
Merit: 250
Yes, i am reading a lot of whitepapers right now, i am looking for investing in some icos in the next days/weeks, and i am paying a lot of attention to their whitepapers, i think that is the most important part of the ico because there is all the information, how they are going to distribute the money, how they are going to make the price go up, etc.
I am starting to have a little faith about all the icos that are here right now.
sr. member
Activity: 798
Merit: 251
I only read whitepapers when they got my interest, this way I could understand more of their project and that's the time I invest and show my support to the project.
jlp
sr. member
Activity: 266
Merit: 264
Those are not exactly valid points, as their team consists of a bunch of other people who all have relevant experience, maybe not exclusively in blockchain tech but in overall finance and development. Change offers everything TenX, Monaco, Polybius, ... offers, but also everything a bank offers, including insurance and loans.

Why would we put our cryptos in a bank? We won't. Change isn't ment to be a centralized financial entity but rather a decentralized banking network, fully supported by the network.

To say that you are a "Blockchain Expert" when you worked as an Inside Sales Rep until 1.5 months ago is an outright lie.

To say that you are a "Blockchain Developer" when you've never developed any blockchain is an exaggeration at best, or a lie at worst.

If the team is willing to lie about this, you'll never know what else they're willing to lie about.

I only spent 5 minutes to find out the above.  Here's what I found in another 2 minutes:

Change-Bank's "CTO, Blockchain Developer" was an iOS Developer at Montise Create until March 2017.  Cannot find any info on Montise Create.  How knowledgeable is this guy in managing developers, or about banking, or about cryptos?

How would Change be able to give loans, if people do not give them money (cryptos)?  Someone doesn't understand how banking works.

What problem is Change solving in insurance?

sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
Exactly, if you don't understand the market you don't understand its biggest players and influencers, which means you can't possibly predict where it's going

You have Change Bank in your signature.  Have you researched them?

Their "Blockchain Expert" was an Inside Sales person in his last job.  An Inside Sales person is someone who is not good enough to be a customer-facing Sales person.

Their "Blockchain Developer" never developed a blockchain before.

TenX and Monaco are already building crypto debit cards.  Other than this, what is Change-Bank's compelling value proposition?

Why would we put our cryptos in a bank?  The advantage of cryptos is not to keep our money in untrustworthy banks.


Those are not exactly valid points, as their team consists of a bunch of other people who all have relevant experience, maybe not exclusively in blockchain tech but in overall finance and development. Change offers everything TenX, Monaco, Polybius, ... offers, but also everything a bank offers, including insurance and loans.

Why would we put our cryptos in a bank? We won't. Change isn't ment to be a centralized financial entity but rather a decentralized banking network, fully supported by the network.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Honestly, articles are pretty much enough. I usually go through Whitepapers when I find the project super interesting. Most aren't worth the time.
jlp
sr. member
Activity: 266
Merit: 264
Exactly, if you don't understand the market you don't understand its biggest players and influencers, which means you can't possibly predict where it's going

You have Change Bank in your signature.  Have you researched them?

Their "Blockchain Expert" was an Inside Sales person in his last job.  An Inside Sales person is someone who is not good enough to be a customer-facing Sales person.

Their "Blockchain Developer" never developed a blockchain before.

TenX and Monaco are already building crypto debit cards.  Other than this, what is Change-Bank's compelling value proposition?

Why would we put our cryptos in a bank?  The advantage of cryptos is not to keep our money in untrustworthy banks.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
When I am investing my hard earned money, I need to understand my investment asset completely before investing. I always read Whitepaper. You can easily see a difference between the Whitepaper of fake and real project. Sometimes the Whitepaper are way too tough to understand. In such cases I tend to avoid that project. The most important aspect of investing is to invest in something which you understand properly.

"Never invest in a business that you do not understand"  -- Warren Buffett

Exactly, if you don't understand the market you don't understand its biggest players and influencers, which means you can't possibly predict where it's going
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
When I am investing my hard earned money, I need to understand my investment asset completely before investing. I always read Whitepaper. You can easily see a difference between the Whitepaper of fake and real project. Sometimes the Whitepaper are way too tough to understand. In such cases I tend to avoid that project. The most important aspect of investing is to invest in something which you understand properly.

"Never invest in a business that you do not understand"  -- Warren Buffett
full member
Activity: 239
Merit: 100
sometime I read sometime not. Just care about their dev information and what people say about them. Does this ICO have any article from large website and r people investing it
jlp
sr. member
Activity: 266
Merit: 264
Yes, white paper is important.

Also, the country of origin is important, given the fear of scams.

You should check the corruption ranking of countries:

https://www.transparency.org/news/feature/corruption_perceptions_index_2016

If the ICO is from a country with lots of corruption, then you know you're taking a higher risk.  This is because the team probably has less of an issue with exaggerating, lying or cheating, because these things are more part of their country's culture.



full member
Activity: 252
Merit: 100
I only read the white paper if I am interested in the team and product. Where possible I will also register to try the product, listen to community feedbacks from slack or telegram. Combining white paper with a lot of assessment will probably remove a lot of the clear spams but there is still luck involved in ICOs as not all information are disclosed and they are not validated. One can see why regulation is important in this area.
member
Activity: 112
Merit: 10
no. l don't read icos.... is that important ? Kiss

If you read the bitcoin ico you would see it's amazing - then compare it to other ico whitepapers and you can see the clear difference.
full member
Activity: 336
Merit: 100
https://wallet.merit.me/?invite=Pikachu
Read the whitepaper of Powerledger. They have actually made a real product and platform and written a detailed whitepaper. The ICO is running now and the coins are cheap at the moment. Check it out here
full member
Activity: 210
Merit: 100
If you are into investing in an ICO, a white paper is an important guide to a very important decision regarding your hard-earned money. Read cautiously and understand what the white paper said about their project. White paper is the fastest way to inform the investors about their project.
sr. member
Activity: 379
Merit: 250
Whitepaper is the first thing I read before join any ICO. make sure they are have a good plan
sr. member
Activity: 560
Merit: 250

I always read all of them when checking ico project. I always study every charge that is inside. whether it is important or not for me. and that's what determines and judges for me to invest or follow bounty.
hero member
Activity: 3010
Merit: 794
I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?



a must if you do not want to lose.
if you read first, you will not get stuck or get lost in it.
rarely do people realize it.
for me one must examine and read the concept of an ico project that I am studying.
this is concerned with the benefits and investments we expect.
Knowing that ICO are investments which means it does need money and we dont like to lose money eh?This is why its always been part of our responsibility to see always their white paper so that you do have the idea on whats the thing they are building here.If its a gold or just a complete trash.You would really able to identify if this thing would gain interest or not into the public.
full member
Activity: 126
Merit: 100
u must read whitepaper first for ensure the ico"s is real or scam. ensure the whitepaper accurate and to be responsible on contribution us for them as give we some payment.
full member
Activity: 1386
Merit: 101
ComboLabs
I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?



a must if you do not want to lose.
if you read first, you will not get stuck or get lost in it.
rarely do people realize it.
for me one must examine and read the concept of an ico project that I am studying.
this is concerned with the benefits and investments we expect.
newbie
Activity: 15
Merit: 0
I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?

Of course I do. Why would someone invest in a company blind without doing any due diligence? You have to be able to understand the technology, research the team, the structure of the ICO, etc.
Pages:
Jump to: