For me, white paper will be an addition to the credibility of any ICO!
Together with their team members and website, this will stand a good grounds for their project ICO.
Everyone will look for it, this will show the community what is their plan and project in the near future.
Topic: Does Whitepaper determined credibility of an ICO - page 2. (Read 2071 times)
The best whitepaper does not guarantee you of a successful ICO, and neither does it guarantee you of the credibility of the ICO in question. Infact, scammers design the best whitepapers that wont make you suspicious of their plans.
For me, we can use white paper of one project to know their plan and how their project will work to be one of the successful project in the future, but yes its not enough to conclude that those project will be successful in the future, for me we need to include the ICOs rating and other things a like.
Sometimes yes sometimes not, we still need other reason. Roadmap,dev team and how project will struggle in the future. Good ICO will have good team good roadmap and have good inovation to attract investor.
According to me, WP is just a roadmap but then for me, the most important thing is the team behind the project and the community. I can write all hyped stuff in WhitePaper but then if I do not have a team to deliver and community to support it, its all waste. Many a time a lot of projects write all impressive things on their WP to attract investors but then the reality is something different.
Have a nice day.
Have a nice day.
Whitepapers are important in any ICO. It reveals what the team is trying to build to the general public. However, it does not 100% guarantee that the credibility of the projects. It only informs us what of the plans the team is involving. How active the team is in accordance with their roadmap really matter to me.
Sorry to those who think that a whitepaper actually goes as far as determining the credibility or success of an ICO, because it doesn't. While it is an integral part of a project, and one that cannot be overlooked, it still doesn't determine whether or not the ICo is credible. It just goes as far as giving insight to those who are interested about the project.
No. Making quality white paper is a $1K deal can be a bit more. If you're a real idiot, you can pay 10 times more. To my mind.
Nowadays not all whitepapers are legit and reliable. The proliferation of scam icos would attest to that. The thing is we should exhaust all our efforts in researching for us to know the legit whitepapers.
It will never become a good thing to determine or give a rating about how good that ico is. as you can see that whitepaper is just a concept that can be changed anytime without need any approve by investors. The whitepaper is a marketing trick and i will never care or take it seriously. The whitepaper is just a temporary thing and it can't define how good that ico is.
In determining the credibility of an ICO goes beyond the whitepaper. I have seen some well crafted whitepapers for projects that ended up being scam, so whitepaper is never the sole determinant of how successful a project will be.
If an ICO will turn out to be scam, the whitepaper is not enough to determine or make it credible, the scammers are becoming so smart that they make everything so good and perfect, even at times it seems too good to be true..... One just have to be careful and trust your instincts when choosing ICOs after doing background check for the team and the projects business track record
Whitepaper is like the book you use for the subject at collage days. It serves as a guideline. Ico instead depend on the team
Whitepaper is like the book you use for the subject at collage days. It serves as a guideline. Ico instead depend on the team
Nowadays not all whitepapers are legit and reliable. The proliferation of scam icos would attest to that. The thing is we should exhaust all our efforts in researching for us to know the legit whitepapers.
Not always, see Whitepaper is a technical analysis of the project, but this does not mean that the project can not change, the information is constantly updated and of course the project can simply be fraudulent because no one is immune to it
It can’t be said with confidence. White paper gives some information about the company. This is not enough information for investors. With this, the company team should be good too, due to which they can invest their money and get good profits.
Yes, I think the white paper determines the credibility of the ICO. I think the white paper shows the professionalism of the team. The white paper can help us understand their team development path more clearly.
The White Paper is very important but the team and the marketing campaign are of great importance too. Personally, I only invest in ICO's that already have a product. This means upon fundraising it is a very quick process to coin profitability, especially when that ICO is for a cryptoexchange 
actually, whitepaper helps us to understand the project that we will follow. by reading the whitepaper, then we can find out the team that handles, the supply of tokens, and also the duration of ico. it will help the investors and bounty hunters to find out more clearly about the project. therefore, it's important to read the whitepaper before following a bounty.
I always follow the white paper very closely and use it as a key strategy for my coin picking. A well written paper is a way to look into the project team and see what their attention to detail is like. This combined with social media is the combined method I use to pick ICO credibility.
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