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Topic: ICO without whitepaper - page 28. (Read 7656 times)

newbie
Activity: 57
Merit: 0
August 17, 2018, 10:28:30 AM
I've experience many ICO's without a whitepaper and they are definitely not a scam. Not rule it out just because of that.
There are many other things you should look at. Specially the dev team behind the project. Check twitter and discord too.
newbie
Activity: 45
Merit: 0
August 17, 2018, 10:26:59 AM
All ICO without white paper shouldn't be termed scam because not all with white paper still come out good. A good idea can be relayed and developed over time without ICO
newbie
Activity: 252
Merit: 0
August 17, 2018, 10:25:45 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 agree with your opinion. For me, whitepaper is one of the most important thing if project want to held an ICO. In this whitepaper, the substance is really complex that describe and give information about the project. Whitepaper help team and developer to attract attention for investor, so when investor read project's whitepaper, they can know some information about the project, the vision and mision, token allocation, target that project want to reach, and advantages that project can give to investor. With whitepaper can make investor interested with the project and invest in that project.
newbie
Activity: 93
Merit: 0
August 17, 2018, 10:25:36 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

well it may not be a scam for sure but an ico without whitepaper looks scammy and shows at least in my opinion that the team behind it is not even set on what they want to build and what they want to achieve with their project other than to obviously sell some utility tokens through an ICO for me i wouldn't invest in an ico with no whitepaper no matter the hype behind it
newbie
Activity: 154
Merit: 0
August 17, 2018, 10:25:17 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

ico without whitepaper is the same as you cook but there is no cooking ingredients. If you invest in ICO that does not have a whitepaper, you will lose money. whitepaper is a source of information about ico, so how can I invest in ico that we don't know anything about ico.
full member
Activity: 448
Merit: 100
August 17, 2018, 10:23:22 AM
I think investors will not be interested in ico who does not have Wp. How do investors know about the ico project? it's a bad project.
I think investors will not be interested in ico who does not have Wp. How do investors know about the ico project, but it's a bad project.
newbie
Activity: 210
Merit: 0
August 17, 2018, 10:19:39 AM
I think investors will not be interested in ico who does not have Wp. How do investors know about the ico project? it's a bad project.
member
Activity: 462
Merit: 13
August 17, 2018, 10:17:27 AM
ICO without white paper will be some way and personally thinks it should raise the red flag for you to be much careful with such project. Since without the whitepaper where will you actually get the breakdown of the project, trust me such projects are very alarming.
jr. member
Activity: 210
Merit: 2
August 17, 2018, 10:00:26 AM
WP is very important to introduce products to investors. investors will know how the concept of ico and the development of the ico project in the future.
legendary
Activity: 3108
Merit: 1029
August 17, 2018, 09:58:16 AM
Without whitepaper ICO is incomplete. No ICO will collect $ 1 without technical documentation.I think this is a very important condition for a successful ICO
With paper can be considered as a proposal and concept. that explains a lot of technical roadmap of ico it's really important but remember it can be changed by the team. So many icos have been changing their business. As you can see that how they are changing the roadmap and then take your own conclusion about that.
newbie
Activity: 84
Merit: 0
August 17, 2018, 09:57:08 AM
Well if you can't read about what you're about to invest in, then why would anyone be investing? Sure it's not a problem if they have began the bounty campaign or something, and the whitepaper (doesn't have to be a whitepaper, would be even better if it's a comprehensive explanation of the idea and the way to execute that idea) is being worked on, but if the project reached it's timing for ICO and there isn't even a nice explanation of it, it's almost certainly a scam, and the one targeting not exactly the brightest type of investors. It might possibly be a bad organization (ICO planned for much sooner than it should have been) but what should one expect of a project with such a bad basics in the first place.
member
Activity: 196
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 17, 2018, 09:51:17 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
well, the mere fact that they took pains to create it tells us they are at least responsible scams Wink but yes, usually it helps to appreciate the risks
newbie
Activity: 27
Merit: 0
August 17, 2018, 06:48:57 AM
I think calling it just a scam at this stage is not a right way to go about it.
newbie
Activity: 251
Merit: 0
August 16, 2018, 02:48:35 PM
Yes, I agree that the more information the project provides the smaller the gap in investor confidence in this project
jr. member
Activity: 68
Merit: 1
August 16, 2018, 02:47:05 PM
I think it is. There is a certain list of what the project should have. And so even it is unclear whether people will work there and create something.
newbie
Activity: 112
Merit: 0
August 16, 2018, 12:44:00 PM
Personally I don't think an ico will be complete without a white paper, whitepaper is like an easy tour guide into the project get to know what is it about and also get to understand the idea properly
full member
Activity: 588
Merit: 101
August 16, 2018, 12:40:44 PM
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 that white paper is the most important thing in the project and in the ICO. But in my opinion the lack of white paper looks rather strange that the organizers did not make white paper.
member
Activity: 672
Merit: 10
August 16, 2018, 08:33:09 AM
If the project is serious then making a whitepaper is mandatory, if there is an ICO without a whitepaper then I don't dare to follow because it has the chance to become a scam, choose an ICO that is clearly a prospect and a roadmap and of course all contained in the whitepaper.
member
Activity: 249
Merit: 13
dApps Development Automation Platform
August 16, 2018, 08:31:09 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

Probably the ico is very honest, since most teams don´t follow the roadmap at all and are not able to deliver even half of it in due time. Else, it may be a cheap scam.
jr. member
Activity: 179
Merit: 1
August 16, 2018, 08:30:00 AM
this is impossible to gather much investors...
ICO without white paper is just like listing it to water.
how can the investors know what will happen to it?
what will be the track? what will be their future?
what are the plans?
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