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Topic: ICO without whitepaper - page 14. (Read 7656 times)

sr. member
Activity: 1652
Merit: 262
September 10, 2018, 05:02:04 AM
I think ICO without a whitepaper is not fully called a scam. but whitepapers are important things that are read by investors or companies who want to invest their money for the first time. so it can be called, whitepaper is the front page of a book that will be published.
hero member
Activity: 1680
Merit: 505
September 10, 2018, 04:58:23 AM
To me no white paper is a bounty is definitely a scam. The white paper fills a gap between investors and companies. Without the white paper's ICO, we don't know what they did.

White paper is the basic document for ICO. If the project does not have white paper, it is probably not worth the investment. It is better not to get involved in such ICO, which will certainly fail or become a scam.
newbie
Activity: 168
Merit: 0
September 10, 2018, 04:27:10 AM
To me no white paper is a bounty is definitely a scam. The white paper fills a gap between investors and companies. Without the white paper's ICO, we don't know what they did.
sr. member
Activity: 700
Merit: 250
September 10, 2018, 04:22:37 AM
little encountered ICO could be successful in the absence of a clear whitepaper. though not fully guarantee however due to this whitepaper at least making enough conviction happened to investors entered in ICO. This, of course, would be a direction or a clear picture of the ICO. for many people, a whitepaper is a part that is important to the decision to invest.
member
Activity: 308
Merit: 10
September 10, 2018, 03:51:49 AM
No, it doesn't mean that it is a scam straight away, but it looks very unprofessional to me. Normally coin developers should give as much as possible information about their coin to attract investors. Making ICO without whitepaper is just asking for money without showing their plans and future, I'm not sure if anyone will want to invest in that project.
newbie
Activity: 107
Merit: 0
September 09, 2018, 05:22:48 PM
I believe so. A project of this kind must be with technical information prepared by good technical specialists, so that investors can study the essence in detail.
newbie
Activity: 13
Merit: 0
September 09, 2018, 11:41:44 AM
Quite possible. After all, most users first of all want to know how the system differs from other similar ones.
member
Activity: 297
Merit: 10
🤖UBEX.COM 🤖
September 09, 2018, 07:00:44 AM
From such ICO you need to run far. Such projects are generally not worthy of your attention to consideration and most likely scammers.
newbie
Activity: 196
Merit: 0
September 09, 2018, 06:58:16 AM
Never joined ico without have whitepaper, how to know is great ico or not if the ico project do not have whitepaper, by reading whitepaper on ico project we know what the vision of ico project, when their ico listed on exchange market, how much token sale to public.
newbie
Activity: 101
Merit: 0
September 09, 2018, 06:22:23 AM
Personally , I don't think there should be an ICO without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a ICO without a whitepaper is a scam? Or what can you say about an ICO without whitepaper

I don't think an ICO without whitepaper absolutely means that it is a scam, although of course the majority are. It is mostly to say that with or without whitepaper an ICO can be a scam. However, there are promising ICO's that publish their whitepaper later. If you think that the ICO in question is promising then it inquire with the devs, ask them the question about the whitepaper
sr. member
Activity: 980
Merit: 261
September 09, 2018, 06:21:34 AM
having a whitepaper means that the project has a vision without it, it means that they dont have a plan to have work it for a long period of time whitepaper indicates the purpose of the coin and with that it helps the team and the project to be introduce to the investors in the market so without it its either a scam or it will be an unsuccessful one.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
September 09, 2018, 06:12:06 AM
there will be no legit ICO without white paper because that one thing that determines its genuineness, in a first place how can  have ICO on going campaign without it? how can they monitor their campaign and advertiser without it. for me it is important for bounty hunter to really look into it before joining any campaign
newbie
Activity: 210
Merit: 0
September 09, 2018, 06:01:49 AM
I have not seen an ICO project that did not publish a white paper. The most important part of the ICO is the white paper, so without a white paper project, it must be a scam. At least I am absolutely impossible to participate in such an ICO.
hero member
Activity: 1080
Merit: 500
September 09, 2018, 05:03:52 AM
There are cases when the ICO passes without white paper and this was not a fraud, but there were only a few such ICO. Now I would not invest in an ICO, even if it has a finished product.
full member
Activity: 443
Merit: 101
September 09, 2018, 03:45:19 AM
ICO without whitepaper is the highest degree of scam, they just were too lazy to copy it from a project and change it a little. Always avoid ICO where there is no whitepaper or information about the team.
full member
Activity: 186
Merit: 100
September 09, 2018, 03:29:47 AM
Ico without whitepaper is scam and fake ico, you have leave it before you have lost your money. how to become success and good ico without knowing by investor background of ico project. by reading whitepaper investor know what the opportunity of the ico project before investment or buy coin by investor.
copper member
Activity: 112
Merit: 0
Am KOFIY!
September 09, 2018, 03:28:39 AM
Am yet to come across with such ICO project
newbie
Activity: 84
Merit: 0
September 09, 2018, 03:26:12 AM
Funny thing these days is that some of these icos, one cannot even trust. The Whitepaper is really very important as it's a some kind of guide to the project as a whole, but I've come to lose faith in whitepapers as some of them are just manipulated to suit what the project team want investors to know, some other information, they keep to themselves.
newbie
Activity: 252
Merit: 0
September 09, 2018, 01:43:43 AM
The first thing when taking an ico project is checking its whitepaper. I never believed and never invested in such a ico project.
newbie
Activity: 83
Merit: 0
September 09, 2018, 12:30:37 AM
It is irrational for any genuine undertaking offering ICO not to have a white paper. Any accomplished speculator should see that as a warning and keep running for their dear cash. What precisely will influence me to spend on a venture without a white paper when am mindful of the rate at which individuals are being defrauded with ICO nowadays
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