ICO without whitepaper - page 7. | Bitcointalksearch.org

fosco333

full member

Activity: 1260

Merit: 100

Quote from: isaqyomex1 on July 05, 2018, 06:53:53 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

If there is no whitepaper, how can investors know the details about the project ? The problem and the opportunities of the project must be explained to build the investor's trust on it. It maybe not a scam project, but if they don't want to pay people for creating white paper, how they can progress the development later ?

mightwalker

jr. member

Activity: 266

Merit: 7

Never invest in any ICOs without whitepaper, it's the minimum requirement condition to make investors understand about their projects.

faceoff97

full member

Activity: 644

Merit: 113

ICO reviews are actually helpful, I usually take a love ok on reviews before engaging on a project. There were information that was not stated in whitepaper that will make you double think wether you'll be investing on it. Well, many reviews are also made by the team making them good standing in the people. But even all good things abiut the project are shown there wilk be still negative feedback you'll see at the comment section which helps you to decide. Its a wise strategy to get into a great project, it takes a lot of reading to find one.

Anna Borisovna

member

Activity: 378

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

I have not met similar ones, and if I had seen such a project - would have passed by.
Any project should have documentation, planned and divided into stages. As a business plan, how else can you explain what exactly is the collection of money and what the developers want to implement.
And white paper is already a standard for ICO

ylnar123

member

Activity: 350

Merit: 10

Quote from: isaqyomex1 on July 05, 2018, 06:53:53 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

Every ICO should present their whitepaper or else they cannot attract investors to buy their tokens. It is a standard procedure of an ICO to have it not unless the developers just want to scam people from the fake project they made

Nivelir

full member

Activity: 588

Merit: 100

Well, this is not very serious, because today there are settled opinions that the project must have a number of documents, so that we simply start investing in it, I think that it is very necessary to understand that now it is necessary to make white paper.

cryptoangel001

newbie

Activity: 14

Merit: 0

Personally, I don't think there should be an ICO without a whitepaper. An ICO without a whitepaper should be regarded as a scam as no idea of such project will be made know to the public. The essence of a whitepaper is to create awareness about a project tell the public about the quality of the team so as to help them invest properly and with the right source.

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

spike420211

sr. member

Activity: 1610

Merit: 372

The project without white paper and technical documentation is like an employee without a resume who came to get a job but does not tell anything about himself. Will you hire such a specialist? I think no.

aji567

member

Activity: 728

Merit: 10

I think ICO without whitepaper is fraud. Because for me whitepapers are very important. From the whitepaper we can analyze whether the project is fraud or not. I think the success of the project is also determined by the whitepaper.

Harrsionrangers10383

newbie

Activity: 280

Merit: 0

You will join a bounty campaign of a project without whitepaper, you waste your time. That's all !

Rate

member

Activity: 62

Merit: 10

I will not trust that kind of ICO I preferred to invest with well detailed concept and plan. That's why I had chosen Swachhcoin as my first investment in ICO. Their concept is realistic and well planned.

megumineth

newbie

Activity: 116

Merit: 0

ICO without whitepaper? I have never think about that, it is impossible. Let's image ICO like a book, so white paper is the content of that book. It contains the idea, technical, coding, ... - everything about that project. Without whitepaper, ICO just a name - no more

jony35490

jr. member

Activity: 422

Merit: 9

The whitepaper is very important for a good project. But many projects do not contain any whitepaper, which means that the project is a scam project. For this, if this type of projects offer any bounty, then I think it is the best decision not to participate .

sweetwine

newbie

Activity: 64

Merit: 0

Quote from: isaqyomex1 on July 05, 2018, 06:53:53 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'm completely agree with you. Its actually hard to believe in the ICO without the white paper. As you know, It would provide us enough information about the project such as the dev team, the road map, the main goal of that project. There is a lot of scam ICO in the crypto market now. The investors will be doubt for investing in the ICO without WP. In my opinion, the potential project should have WP to be trusted from the people who want to invest in.

Stavri

sr. member

Activity: 980

Merit: 276

Quote from: isaqyomex1 on July 05, 2018, 06:53:53 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 can easily say that if an ico doesnt have a whitepaper it is 99% a scam. sometimes they announce the ico but at that time they start preparing the whitepaper. in this case it may be acceptable but they should issue a whitepaper before announcing the crowdsale dates.

BluRPie

hero member

Activity: 896

Merit: 504

My view that ICO without White Paper it is very strange and I think that it is scam in 95% of cases. And 5% it is the cases when ICO have strong reason to go live without White Paper.

Dm.Stepanoff

newbie

Activity: 56

Merit: 0

scammers can do it with all documents and technical documents. Its availability does not give a 100% guarantee that the project is not scammers

Cidhighwind

newbie

Activity: 29

Merit: 0

Almost all ICO must have official reports to assess quality. And there are also many ICO whose official reports can still be an ICO scam. Most of us will feel confident if the ICO project website is designed professionally. However, this is the point where many projects are easy to create confidence because they can now hire a team of professional designers to prepare for a ... spectacular scam!

kz06

member

Activity: 322

Merit: 10

An ICO without a whitepaper is fairly suspicious. Whitepaper is the substance of the ICO, it presents the battle, the undertaking and the substance of an ICO to the financial specialists. So an ICO without whitepaper ought not be trusted.

Topic: ICO without whitepaper - page 7. (Read 7605 times)