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.