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Topic: ICO without whitepaper - page 63. (Read 7636 times)

member
Activity: 350
Merit: 10
July 06, 2018, 12:10:34 AM
#26
What kind of people do one team have to run a public bounty uninformed as though nobody knows the way. Not ready to be a good, for example a goal is the scam. One project is to raise it with a bounty so would like the community and have an investor. so if a project really increases your mood without any whitepaper, it really does play a poop. so go away and look for the best thing to do.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
July 05, 2018, 11:52:14 PM
#25
Personally , I don't think there should be a bounty without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a bounty without a whitepaper is a scam? Or what can you say about a bounty without whitepaper
I would happily trade a whitepaper for a minimum viable product. Whitepapers only outline what they intend to do, not what they are capable of executing. Seen too many ICO's that end up coming to nothing because the people behind it fail to execute what is in their whitepaper. Actions speak louder than words.
full member
Activity: 2100
Merit: 174
July 05, 2018, 09:34:40 PM
#24
The whitepaper states in detail what a company will do once it accumulatea funds from investors. They can start a bounty without whitepaper (it might be just a draft and still finalizing) in the pre-sale period. But having no whitepaper once the main ICO is underway is unacceptable and can be considered a scam.
jr. member
Activity: 146
Merit: 1
July 05, 2018, 09:29:36 PM
#23
I'm not going to get involved without a white paper reward, and I'm sure it's a hoax.

The white paper is on the road map for the future, development. I think projects without white paper are doomed to failure.
member
Activity: 72
Merit: 10
July 05, 2018, 09:30:52 PM
#23
Without a whitepaper how do you know the idea of the project? How is the team that will carry it out? What is their roadmap, their goals?
A project that starts a bounty and does not have a whitepaper seems more focused on getting money than in carrying out a project and developing a product.
Stay alert!
full member
Activity: 896
Merit: 198
July 05, 2018, 09:27:57 PM
#22
Personally , I don't think there should be a bounty without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a bounty without a whitepaper is a scam? Or what can you say about a bounty without whitepaper
Hello, I agree with you, The whitepaper bridges the gap between an investor and a company. If the ICO without whitepaper, we don't know what they do, what they provide, how they work... So that ICO is truly scam! Please don't do invest in the ICO which don't have the white paper.

It's totally crazy, how can you imagine if the one project are don't have a white paper but there's bounty? For sure, most of the investors and also bounty hunters will thought that is a scam project.
jr. member
Activity: 322
Merit: 2
July 05, 2018, 09:24:30 PM
#21
As a bounty hunter, I would probably go for it because in my experience, I once had a bounty that had no whitepaoer but still succeeded and have profit from it. However, as an investor,  I will check first before investing.
newbie
Activity: 196
Merit: 0
July 05, 2018, 09:19:40 PM
#20
For me bounty without whitepaper is simply the team are lazy. Whitepaper is the basic tool in order to understand the project easily providing whatsoever that necessary.
jr. member
Activity: 90
Merit: 4
July 05, 2018, 09:17:20 PM
#19
Personally , I don't think there should be a bounty without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a bounty without a whitepaper is a scam? Or what can you say about a bounty without whitepaper
Hello, I agree with you, The whitepaper bridges the gap between an investor and a company. If the ICO without whitepaper, we don't know what they do, what they provide, how they work... So that ICO is truly scam! Please don't do invest in the ICO which don't have the white paper.
full member
Activity: 756
Merit: 133
- hello doctor who box
July 05, 2018, 09:14:33 PM
#18
That’s one of the main key for someone to invest on a ICO. Clearly it’s a scam for icos without the whitepaper and roadmaps. They have nothing to bring to you when and it’s not luring the investors if they have no whipepaper.
full member
Activity: 686
Merit: 131
July 05, 2018, 09:13:21 PM
#17
I've only come across one project that didn't have a whitepaper and the whole ico website looked like it was done by a 6th grader.
Scams will at least copy and paste (plagiarize) another projects whitepaper to give the illusion that they are real.

The #1 rule for bounty hunting is to only do a bounty that you would invest real money into.
Would you ever invest in something that doesn't even have a whitepaper?

That's like buying a car that doesn't have wheels...

The reason that you hear so many stories of people getting scammed in bounties is because a lot of these bounty hunters join multiple programs at once.
With so many things to manage they don't take the time to vet the bounty program and end up picking some that suck.

quality over quantity, that is the only way to go about doing it.
full member
Activity: 658
Merit: 106
July 05, 2018, 09:11:00 PM
#16
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 .

That's a very big risk if the ICO project don't have any whitepaper to their project because if you are the investor you don't know where they are going especially the roadmap. So for me without whitepaper is absolutely a scam, like you said and i agree on that.
newbie
Activity: 112
Merit: 0
July 05, 2018, 09:06:57 PM
#15
A project without a white paper is obviously a scam. A white paper is a very important thing to let people know what the project is doing, what the goal is, and what problem to solve.
member
Activity: 252
Merit: 13
July 05, 2018, 09:05:30 PM
#14
WhitePaper not is the aim of fraudulent projects. This can not be explained further. You definitely should not invest in such projects and participate in bounty programs. Otherwise you can do serious damage
sr. member
Activity: 841
Merit: 251
July 05, 2018, 09:00:13 PM
#13
What kind of mund had the team to run a public bounty unprofessional way. Not well prepared, it seems the purpose is to scam . A project runs a bounty to attract community and have an investor so if a project just only run bounty without any whitepaper, it will consider a shit. Stay away and find a best one.
full member
Activity: 392
Merit: 101
PVxYGaa1UZM6oDqW3ZKe4Esi18DgwBpDkr
July 05, 2018, 08:52:38 PM
#12
Some of them are scams, but many projects don't have a whitepaper, simply because it may not be in their current priority or budget.
member
Activity: 248
Merit: 10
July 05, 2018, 08:52:08 PM
#11
Personally , I don't think there should be a bounty without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a bounty without a whitepaper is a scam? Or what can you say about a bounty without whitepaper

It's quite true that a bounty ICO project without a whitepaper is not directional, however we cannot generally regard it as scam because some of them would later come with a whitepaper. But we should take note that a clear whitepaper is very important in the life of any bounty.
full member
Activity: 686
Merit: 108
July 05, 2018, 08:42:35 PM
#10
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 .
Exactly, so if those people behind that project really want to succeed on their ICO they must work for their whitepaper. Also it is important to have a roadmap or future plan for tha project so the investors can expect something on the project you are working with. Don't invest on the ICO without reading the Whitepaper, this is one of the most important part of the ICO.
full member
Activity: 952
Merit: 107
July 05, 2018, 08:40:07 PM
#9
Personally , I don't think there should be a bounty without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a bounty without a whitepaper is a scam? Or what can you say about a bounty without whitepaper
Are you idiot? The whitepaper is an important part to give the more explanation about the future roadmap, development, technical details and many more. I can say that is really important. With or without the whitepaper and it can be turned into a scam anytime. Where are you from dude?
Without white paper no one can trust the project because information about the plan for it is unknown and investors even bounty hunters back out easily. White paper is really important because it provides the everything about the project that can make investors to support it. It has to provide by the team before while the development is on going to see if it is becoming successful.
newbie
Activity: 294
Merit: 0
July 05, 2018, 08:26:30 PM
#8
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 .
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