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Topic: ICO without whitepaper - page 58. (Read 7636 times)

sr. member
Activity: 630
Merit: 253
July 06, 2018, 11:01:21 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

That is so stupid. No one would and should ever invest in something as shaky as that. Why would anyone invest in something they don't know. Only if you want to waste your money and donate it will you do this kind of thing.

Not release without witepaper. Project information in the witepaper. So project information in the witepaper. So learn the project information. Then easy to choose the best project ICO. Most of the people check the more projects and invest. Project is good then get more profit. People will be get more ideas and more information.
jr. member
Activity: 56
Merit: 3
ONNI COIN! The New Paradigm!
July 06, 2018, 10:57:06 AM
Having a whitepaper is not a guarantee that an ICO is genuine. There are lots of copycat whitepapers and not difficult to spot for the learned. It helps to have a focus-based whitepaper with genuine intention behind it to fulfill the tasks of the project before the ICO.

Whitepapers for ICO could be publicly assessed or privately obtained upon request. It is a red-flag to not have whitepaper at all before ICO.
newbie
Activity: 120
Merit: 0
July 06, 2018, 10:28:07 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

That is so stupid. No one would and should ever invest in something as shaky as that. Why would anyone invest in something they don't know. Only if you want to waste your money and donate it will you do this kind of thing.
jr. member
Activity: 55
Merit: 2
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
July 06, 2018, 10:25:48 AM
Whitepaper is a necessary document to have. All ICO need to have the whitepaper.
But it is not a guarantee!
Even if the ICO has the whitepaper, it can be a scam project.  As you can read / hear everywhere be wise and don't invest into projects without researches, enough information.
member
Activity: 228
Merit: 10
July 06, 2018, 09:25:40 AM
I agree with that 100%! that's one of my basis to know if that ICO is really profitable and worth the effort. So if they can't show anything like that, I mean the whitepaper so you are only wasting your time and effort with that ICO.
newbie
Activity: 11
Merit: 0
July 06, 2018, 09:25:22 AM
Maybe scam but If they have great team + great investor and can verify.
I will invest  Tongue
newbie
Activity: 126
Merit: 0
July 06, 2018, 09:22:14 AM
whitepaper is an essential part of any bounty project, without a whitepaper it means the project has no plan whatsoever, and it will obviously be a scam project, no investor will want to invest if the project does not have a whitepaper.

Indeed. No one in their right mind would be spending their money without reviewing something first and seeing if what they're getting into is true and legitimate and most especially, profitable.
newbie
Activity: 94
Merit: 0
July 06, 2018, 09:21:49 AM
I agree with that. Altough if the ICO aren't SCAM, that projet will not be success because of many people will doubt to invest in that ICO. Also I think that no more ICO without Whitepaper, even the scam one make their fake Whitepaper or just copying.
hero member
Activity: 3080
Merit: 603
July 06, 2018, 09:20:13 AM
Can we say a ICO without a whitepaper is a scam?
It's likely.

Or what can you say about an ICO without whitepaper
An ICO without a proposal. As an investor, why would an invest to something that doesn't have a clear proposal?

I do not understand how this can be? I do not often read white paper, I will not lie, but it is still interesting how other investors who are actively studying the project before investing will be treated like this, it seems to me that nothing will come of it.
I guess many aren't really reading the whitepaper.

A whitepaper is a proposal of that ICOs purpose so if they can't show something on why they are doing that ICO and what's their plan, are you comfortable to invest into such projects?
full member
Activity: 672
Merit: 100
July 06, 2018, 09:18:43 AM
whitepaper is an essential part of any bounty project, without a whitepaper it means the project has no plan whatsoever, and it will obviously be a scam project, no investor will want to invest if the project does not have a whitepaper.
newbie
Activity: 278
Merit: 0
July 06, 2018, 09:17:21 AM
Well I won't fully say that such an ICO without a whitepaper is a scam or not. Any ICO that cannot present a standard whitepaper or do not have a decent website is not a no go area for me. Because if we have to think of it very well, what is stopping the team from preparing such since they are fully aware of how important that would be to their investors. Just leave it and check for another Solid Project that has all the requirements any investor would like to have before investing.
newbie
Activity: 224
Merit: 0
July 06, 2018, 09:15:11 AM
ICO without Whitepaper is very risky to follow. Because it is very susceptible to fraud when ICO is done. It could be the funds will be carried away after getting some funds collected from the sale. Although there is also a whitepaper will also end up like that. Better avoid ICOs that do not have complete information to avoid a scam.
member
Activity: 420
Merit: 10
July 06, 2018, 09:11:56 AM
I do not understand how this can be? I do not often read white paper, I will not lie, but it is still interesting how other investors who are actively studying the project before investing will be treated like this, it seems to me that nothing will come of it.
member
Activity: 308
Merit: 10
July 06, 2018, 09:09:51 AM
Well for me, it is also like a scam if the ICO doesn't have any whitepaper because without it that ICO doesn't have enough information about it and more likely the investors will have a doubt to invest with it. Transparency is really important to any ICO so that investors will know if that ICO is really legitimate or not that is why whitepaper has a very important role.
member
Activity: 124
Merit: 10
July 06, 2018, 09:02:22 AM
Whitepaper is the most important part in launching a project. It holds all the information and plans about it. It serves as the bridge between the team and the investors. To think that having an ICO without whitepaper is a huge scam and it would be a great loss of you particiate in that act.
newbie
Activity: 20
Merit: 0
July 06, 2018, 09:02:10 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
You want to know whether the ICO project is real or fraudulent, you should find out about the founder, the programming team, find out easily on the network thanks twitter account, google
newbie
Activity: 140
Merit: 0
July 06, 2018, 09:00:29 AM
This days with the amount of revolution happening in icos processes, I won't buy into any project with a viable white paper. That could happen last year not this year.
sr. member
Activity: 574
Merit: 251
July 06, 2018, 09:00:10 AM
Ico without whitepaper is a no go for me, how can you trust someone else with your money when you don't know what they will do with your money and they can't explain what their plans are. Whitepaper is one of the most important factor to decide whether to invest or not so if they have no whitepaper then i won't look at the project.
sr. member
Activity: 728
Merit: 252
July 06, 2018, 08:59:33 AM
I do not think that this will be a good idea, because in the white paper the whole spectrum of the work of your project should be painted. If you think that your project does not need this, then try it, but I do not think that people will understand how your project will work.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
July 06, 2018, 08:57:50 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

Obviously..why would you even ask something like this. I don't think anyone would even invest in something they don't even know exists.  Nonsense question. It won't be called investment. It's just gamble whether or not something exists and it's a waste of money.

   It`s really funny question. Whitepaper is fundamental for every ICO, without it you don`t know who they are, what they are doing,
what plans they have, and what`s more important than that?
   Project without whitepaper is scam project. Nobody normal would invest in ICO that doesn`t have whitepaper, roadmap, public info
about their team. Investing in such project is not waste of time, it`s throwing money away into air.
   Never invest in something you don`t know nothing about. Whitepaper should give you all informations you need, but don`t trust in
them blindly, use some methods to check how valid informations are in whitepaper, only than invest in project.
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