ICO without whitepaper - page 51. | Bitcointalksearch.org

yatogami

sr. member

Activity: 462

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bvo.trybravo.com

Quote from: isaqyomex1 on July 05, 2018, 05:53:53 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

Definitely, ICO without a ready whitepaper is 110% scam as this means that the project team has nothing to promise to their investors.
Moreover, some projects don't even have a website and a roadmap - and these are scams too.

luongkaren

newbie

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A project should have a full whitepaper, website, team, roadmap, ... A project without a whitepaper is not really secure.

Todoroki

full member

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Quote from: khalifa25 on July 10, 2018, 08:26:42 AM

No question! If ICOs start without showing their whitepaper, then expect it to be a scam. The whitepaper is as important as the team running the ICO. It details important information about the project that is needed by the investor to learn about it. So without it, it is like running an ICO and not knowing where the proceeds of the sale will go.

But for Whitepaper is a kind of declaration the team wants to make, and without this statement they just tell us that they want to make ICO but they do not even decide for the purpose, but still there is a clear and trustworthy whitepaper.

eziodavinci

newbie

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Actually it's not 100%, there are some case projects will update Whitepaper after ICO or Airdrop distribution. Latest project like the case I mentioned is NOBS, they just release Whitepaper and Exchanges as well.

khalifa25

member

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No question! If ICOs start without showing their whitepaper, then expect it to be a scam. The whitepaper is as important as the team running the ICO. It details important information about the project that is needed by the investor to learn about it. So without it, it is like running an ICO and not knowing where the proceeds of the sale will go.

Shenlong bay

newbie

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Since the white paper contains all the necessary and important information about the project, its absense is an alarm signal. I advise you to choose another project that meets all the recommendations of a good and honest ICO.

churaCull

newbie

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Quote from: Singbatak on July 10, 2018, 08:15:18 AM

This is 100% scam. We should avoid these ICOs because we do not know their purpose and what they really want.
So we should avoid this because it is a great chance that our hard-earned money will only come into the hands of exploiters.

We must be careful

Agree. Whitepaper is sort of declaration what team wants to create, and without this declaration they just tell us they want to make ICO but they didn't even decide for what purposes Grin

Singbatak

full member

Activity: 434

Merit: 100

This is 100% scam. We should avoid these ICOs because we do not know their purpose and what they really want.
So we should avoid this because it is a great chance that our hard-earned money will only come into the hands of exploiters.

We must be careful

Cheenguboc143

newbie

Activity: 126

Merit: 0

For me if the project has no whitepaper, how does it will be interesting? How would this project will catches people's attention? So it's difficult to a project without whitepaper, even the scam ICO has a whitepaper 😂.

BanishedDemon

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Quote from: isaqyomex1 on July 05, 2018, 05:53:53 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

ICOs ought to consist of disclosures regarding the maximum huge hazard factors affecting token holders within the presenting record.

Although most investors probable understand that even a success ventures is probably later disintermediated through extra efficient upstarts, a token holder can be surprised to discover that the product does no longer but feature as intended or can also develop a new use or motive altogether depending on the improvement of the technology or, possibly even less predictably

nonkinto

member

Activity: 168

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I'm almost sure that it is. If the project does not have technical documentation, it's probably scammers

mashino12

member

Activity: 273

Merit: 10

I think Yes, if the project does not have a technical document it is 95 % fraud. Good ico's are always transparent

pat25

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Quote from: isaqyomex1 on July 05, 2018, 05:53:53 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 think that many people care a lot of about whitepaper, but this is not the most important thing. The most important thing is product development and listing ob the biggest exchanges!

opobo4real

jr. member

Activity: 164

Merit: 1

ICO without paper, how, is it possible I doubt it
It is just like saying a project without a name
Any ICO without a whitepaper is pure scam
It is written boldly for you it now depends maybe you can decode the message.
No matter how cheap it might appear it is pure scam.

Isiaka208

copper member

Activity: 411

Merit: 1

Whitepaper gives investors the guide about the project in terms of what to expect and what not to expect from the project. Without whitepaper, is like investing blindly or gambling with your money and wanting to drain your money with no trace even if you have legal injunctions against them.

TanteStefana

full member

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The Future Of Work

Quote from: isaqyomex1 on July 05, 2018, 05:53:53 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

In my opinion white paper is exact thing that need to compel you to invest in this project, I think I would not believe the guys which have not developed the white paper at all, because this is like the City without a road sign.

Kasabus

hero member

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Merit: 576

Quote from: dicaprio on July 10, 2018, 07:22:29 AM

I do not think that it will look like a normal project. How do you imagine this? Many people, probably everyone, read a white paper in which there is written a lot of information about the project and people decide to invest or not. It's not right to do a project without white paper.

Absolutely, there is something wrong with that and doubts will be created. Investors will never risk there money with that cause it could be possible that it is just scam. Whitepaper could be a big help for its growth and development in the coming future and that's what we look for.

arthurpendragon00

newbie

Activity: 8

Merit: 0

Quote from: isaqyomex1 on July 05, 2018, 05:53:53 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

The purpose of the whitepaper is to explain what the ICO offers. All the details are there. So what are we supposed to expect? No product but you'd be offering an ICO for nothing? That sure most looks like a cash grab and an exit scam. Some scammers even try to copy other ICOs whitepaper to look legit.

dicaprio

full member

Activity: 560

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I do not think that it will look like a normal project. How do you imagine this? Many people, probably everyone, read a white paper in which there is written a lot of information about the project and people decide to invest or not. It's not right to do a project without white paper.

yaelahwall

full member

Activity: 336

Merit: 100

Next Generation Antivirus

In my opinion, ICO who does not publish whitepaper then the ICO can not be trusted. Meaning that ICO is not serious in making this project a success. ICO without whitepaper is a fraud. Whitepaper is a good medium in bridging between companies and investors. Without a whitepaper then investors can not understand and know the ICO clearly and deeply. Of course, if I am an investor then I do not want to invest in the ICO. My advice, you should not join ICO without the whitepaper. You will only put your money at a loss if you join the ICO.

Topic: ICO without whitepaper - page 51. (Read 7656 times)