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Topic: Does Whitepaper determined credibility of an ICO - page 9. (Read 2149 times)

member
Activity: 378
Merit: 13
I actually figured the whitepaper is more about the concepts and ideas of a project; the way and manner to implement it and make it happen
The strategies to make it happen
The importance of the token of the project
And Much more

It doesn’t determine if it’s a good or bad ico
jr. member
Activity: 378
Merit: 1
It does to an extent, but these days some projects are deceptive if only their whitepaper is considered. I believe questions that would challenge the project team on telegram will go a long way, as well as researching the team.
jr. member
Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network
Naturally the whitepaper is the most important document in an ICO it provides extensive details on a project - the short term goals, the long term ones, what is the aim, the project, things that a wise investor will always want to know before making a decision.
full member
Activity: 1078
Merit: 102
Good day. Mostly investors look at the whitepaper of the projects but in my opinion credibility can't be proven by what's written there alone. Some ICOs have fake team members. Some would just think of a convincing plan to entice investors to invest. It's more advisable to check social media activities, telegram channels where you can talk to the team members and check the events they are involved with.
jr. member
Activity: 152
Merit: 1
Not only that white paper determine the credibility
Of an ICO, it plays a major role in the project.
Which play vital role in the future of the project.
Whitepaper allows investors to know more about the project.
full member
Activity: 133
Merit: 101
Res Et Non Verbum
White paper is one of the factors by which one can determine how promising the project is. This document should be carefully read, all information is stated there. After reading, it becomes clear whether the project is a scam.
full member
Activity: 462
Merit: 100
An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.

I do not think Whitepaper will guarantee that you will not fall for the scammers. I have several times met projects in which a part of Whitepaper was copied from other projects. The big mistake lies in blind trust in the "white books". Investors rarely check the information described in WP and do not have the proper level of competence to check the open source of a project. This is enjoyed by a huge number of ICO organizers, who do not even bother to develop smart contracts that are stated in the technical documentation. You can not trust people, you need to trust the code
sr. member
Activity: 1680
Merit: 259
An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.

White paper is all information that users needed to know about the project, meaning detail. Depend this information ( white paper ) you'll know how realistic they are and how the do the project progress. We must see from two things, first is white paper and second thing is support system, how good they finish users problems. See the project as one big picture don' split them.
member
Activity: 244
Merit: 20
I agree with the mention that not so much whitepaper but staff of project determine its credibility.
Undoubtedly, well-formed whitepaper helps potential investors to get on track rapidly. More over from whitepaper you can understand the main goal of project and its attainability.

But recently many of ICO-makers make beautiful pages and stop at this stage. One should be careful.
hero member
Activity: 1274
Merit: 516
No, whitepaper alone wont be a guarantee that the project is going to succeed, whitepaper only one of the factor, the other important factor is the team developer, whitepaper is used to get information what is the goal of the project and how the team going to achieve it, whitepaper will give you basic information about project but it is not a guarantee that the project wont be scam
member
Activity: 276
Merit: 23
An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.

No, it only gives a basic element made of claims. So the ICO claims to have this and that, this member an that advisor, etc... Then, if all that is satisfactory, comes the real DYOR.
newbie
Activity: 55
Merit: 0
for Whitepaper, I admit it is very important because it contains ideas from the ICO, even though the whitepaper is easy to imitate. but still we cannot reject its existence. so we must have considerations other than the whitepaper, when we want to join the ICO. like Develop, Manager, technology, investors, softcaps ,hardcaps and Marketcap need to be considered
member
Activity: 350
Merit: 10
An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.

White paper explains all about the project. This will be the basis for all investors whether they support it or not. It really affects on how ICO will conclude and be accepted by market. All information including their team members, roadmap and others are stated. Just make time to read all of it before investing. Make research of team members if they are real and credible enough to implement their platform. Also make sure that the content is unique( not plagiarized) and attainable with their given time.
full member
Activity: 420
Merit: 101
An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.
The reliability of the project depends on Teamdev and the investor. White paper is only to help you understand their project as well as their development path in the future. If Teamdev completes the roadmap then it is a reliable project
newbie
Activity: 196
Merit: 0
Whitepaper cannot determine the credibility of the project. Many projects copied the whitepaper from others and did some little editions to make it real as if it was their original plan.
legendary
Activity: 1302
Merit: 1025
What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.
Partly yes. For me, a well-written whitepaper shows how professional a team is. Surely a good whitepaper can't be just bought somewhere. It has to undergo several reviews / proofreading to make sure that every single details in it is explained clearly.
On the other hand, a well-written whitepaper can mean nothing if the team can not deliver what they had planned to do with their project.
I've seen ICOs which are at first, good and everything seem to go as what they had planned and according to their whitepaper, yet the date comes and months had passed, still nothing. Words written does not compare to a work well done.
member
Activity: 938
Merit: 13
AMEPAY
Yes real projects with clear objectives and business plans always have a nicely written whitepaper and it does matter to get the clarity for small things on how the project is designed, planned and how everything will be implemented. Poorly written or copy pasted whitepaper is a big red flag for me.
legendary
Activity: 3108
Merit: 1029
An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.
For me it doesn't, i will try to tell you about the truth and did you remember about what has already happened with iconomi and any other ico platform that changing the roadmap at the middle of development? Whitepaper just like a concept that has already created like a document and it's not a permanent concept and i think that will not give you a lot of things to determine how good the ico is.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
Absolutely, you can find all the thing about ICO in their whitepaper, their vision, mission, roadmap, team, milestone. etc. And when you find that an ICO has whitepaper that too similar to other ICO, it might indicate that the ICO is scam. Then you look for the team member, and search it in google, if you find something suspicious better left the ICO.
R9s
member
Activity: 406
Merit: 10
Fast, Smart, Trustworthy
The white paper can only be used as a way to refer to the ICO project. We can't just rely on the white paper to decide whether to invest, just like you see a person with a very high level of education, but you can't think he can't sin!
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