By the power of example, you know what it is. A written document to better understand the technical project behind an ICO. But the whitepaper isn’t restricted to ICOs or crypto-space. A whitepaper is a document long used in business.
According to Wikipedia:
“A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.”
Which describes its use the best. It “helps readers understand”, is an informational document meant to deliver you the best information without the PR and marketing filter of the promotional content we get to find on websites, flyers, or advertisement
Lets go back to the question, Do you still have time to read the whitepaper before entering into a bounty campaign of certain ICO? I am very curious why a lot of bounty hunters regrets that they did their best to promote a project thru social media campaign and end up being scam.
Is reading the Whitepaper helps a bounty hunter avoid being scam by scam projects?
Do you really read the Whitepaper or just relying on referral of other bounty hunters?
Of course ,before you start the project, you need to read it in more detail. Just the study of the white book is one of the important points! I am not lazy, and always study the technical document before joining the ICO!