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Topic: ICO without whitepaper - page 23. (Read 7636 times)

full member
Activity: 265
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
August 31, 2018, 07:17:39 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
Whitepaper is really need for ICO projects, it's the main document that represents the main idea, intentions, technical details and many more about a project. There are many SCAMs, so I think not only investors but even bounty hunters should be picky with that.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
August 31, 2018, 07:15:32 AM
I saw some ICO without WP. Recently I have heard that Chromaway don't have WP because they are very busy. It's not smart imho because WP is the main document for project. How build anything without plans?
They don't usually need a Whitepaper. Some projects state that they made millions of dollars in their crowdsale though they could be hiding that they did not make a single coin.
phm
full member
Activity: 378
Merit: 110
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
August 31, 2018, 07:13:20 AM
I saw some ICO without WP. Recently I have heard that Chromaway don't have WP because they are very busy. It's not smart imho because WP is the main document for project. How build anything without plans?
jr. member
Activity: 294
Merit: 4
August 31, 2018, 07:09:41 AM
In my opinion if ico without whitepaper would be a very big question for investors because investors need to read whitepaper. Whitepaper is one of the most important factors for deciding whether to invest or not so if they don't have a whitepaper then we doubt it.
member
Activity: 134
Merit: 10
August 31, 2018, 07:05:55 AM
Yes for me without whitepaper in a bounty is absolutely a scam because some of bounty hunters and investor's before they want to join bounty or they invest in any bounty they read first the whitepaper for them to know if that bounty is good .   Current ICO project fraud was indeed very much. And we must be careful in making decisions to launch ICO project work.
newbie
Activity: 23
Merit: 0
August 31, 2018, 06:57:03 AM
White Paper is the most important part of a successful project. If it does not exist, I would not take part in it.
newbie
Activity: 105
Merit: 0
August 31, 2018, 02:07:51 AM
It seems to me that such a document would be better attended. He reveals the idea of the project. Moreover, the document can always be corrected.
newbie
Activity: 97
Merit: 0
August 31, 2018, 02:05:44 AM
I fully agree with the previous comments. In any case, whether there is white paper or not, you need to check everything to the last detail. To then on every street corner not to complain about how that you have deceived, you lost time and perhaps even their money. Speaking of your money. I try never to invest and not to buy more coins in the projects which I participate.
newbie
Activity: 224
Merit: 0
August 31, 2018, 01:59:33 AM
No, not a Scam. A lot depends on the project team, which should be ready to implement all the plans, and not just to raise money.
I do not believe any such project. It is not special that it is clearly a lack of rigor in building and developing a project. It is not a scam project but I will ignore it.
jr. member
Activity: 70
Merit: 3
August 31, 2018, 01:57:35 AM
Whitepaper is always the standard for analyzing a project, I always read whitepaper though not in detail, it would be funny thing when ICO without whitepaper as this is a chance to be a scam.
hero member
Activity: 2170
Merit: 891
Leading Crypto Sports Betting and Casino Platform
August 31, 2018, 01:53:29 AM
No, not a Scam. A lot depends on the project team, which should be ready to implement all the plans, and not just to raise money.

Indeed even bitcoin doesn't have whitepaper even it launched. Even the ico have whitepaper it doesn't mean that they won't be a nuts and in fact they use their whitepaper to look a legit one.

Likewise, we need to check every aspect that we can think of and not just by looking in whitepaper or else our hard earned money will just go to their wallets
copper member
Activity: 365
Merit: 1
August 31, 2018, 01:35:58 AM
Definitely any ICO without white paper is a scam, apart from that it will be very difficult for any investors to invest in such project and that will make the project die even before completing the private sale.
full member
Activity: 588
Merit: 103
August 30, 2018, 11:39:15 PM
That is easily scam method do you believe that the project without wallpaper will success? I don't think so before you invest check the website if there's wallpaper and have a live product or a conference attended of the project.
legendary
Activity: 1512
Merit: 1004
August 30, 2018, 11:36:16 PM
Of cus,Due diligence is a must for any projects both with or without papers,even though Papers are not a necessary for ICO IMO.
newbie
Activity: 238
Merit: 0
August 29, 2018, 09:06:52 PM

So DietBitcoin can get trashed talked and called a scam by whoever without the moderators doing a damn thing then when you shine light on another scam coin "WOWNERO" they want to delete the post. That shit is worth 0 dollars and 0 cents and is still allowing promotion. Goes to show who's sucking who's dick. Bitcoin talk is a trash website with moderators who feel as though they hold the most important job in the world like fuck off most of you live in your parents basements and still work at gamestop. Ban me! goes to show the mindset these individuals carry.
member
Activity: 270
Merit: 10
August 30, 2018, 08:25:37 PM
Very complex it will be if such a thing happens. How can ICOs lack whitepaper and how will investors and bounty hunters know more about the token. Very rare to hear this indeed.
jr. member
Activity: 143
Merit: 1
August 30, 2018, 08:08:56 PM
No, not a Scam. A lot depends on the project team, which should be ready to implement all the plans, and not just to raise money.
newbie
Activity: 42
Merit: 0
August 30, 2018, 12:42:18 AM
If You Are Looking For Contracts So I think SciDex Smart Contracts Are Better Then Classic Smart Contracts, There is a big difference between them, Because SciDex Protocol Adaptive, secure and supports complex and variable contracts. This drastically simplifies contract management But Classic Smart Contracts Limited to simple contract conditions and circumstances such as financial transactions.
newbie
Activity: 47
Merit: 0
August 29, 2018, 10:58:37 PM
I would personally avoid most ICO's without a whitepaper. But I always check the dev team and the community behind it first and simply do some research. But in general it's better to avoid them. Due the rise of scam projects it's harder to find a decent project.
newbie
Activity: 196
Merit: 0
August 29, 2018, 10:50:32 PM
This whitepaper is a very important thing for an ICO. Because an investor wishing to invest will also see the whitepaper as a major reference to the project.
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