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Topic: ICO without whitepaper - page 8. (Read 7605 times)

member
Activity: 232
Merit: 10
September 16, 2018, 05:27:23 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
No white paper? Such projects can only be defined by scams. This scam is like a policeman who catches people but doesn't have a police card. Why can't a project with a white paper actually launch ICO? Are they relying on the courage God has given them?
newbie
Activity: 16
Merit: 0
September 16, 2018, 05:23:30 AM
For ICO projects, Whitepaper is always something to make clear. ICO projects need to have at least one whitepaper that can indicate to investors that they can make an investment decision or not. And those ICO projects that do not own Whitepaper, I think, are Scam projects
jr. member
Activity: 110
Merit: 1
September 16, 2018, 04:58:01 AM
ICO project without whitepaper is same as project without plan, so just ignore that's porject cause probably and myabe 100% scam. find another, bitcointalk have a lot of good project,  i may say if that ico's has no whitepaper so it means it is not a legit,it is a scam!
sr. member
Activity: 504
Merit: 250
September 15, 2018, 12:52:48 PM
Investing in an ICO or a project that does not have a  whitepaper might be very risky because there no other place to get the full information about the project, the team, roadmap, details about the main aim of the project.

Yeah, I agree with you. How could we know the project in detail (the team, the purpose, etc) without a whitepaper? It looks like we are buying a cat in a sack, we don't know what is inside, whether it's good or not. As you say, it's too risky to invest in a project like that. We have to be careful in choosing a project to join in.
jr. member
Activity: 146
Merit: 1
September 15, 2018, 02:25:12 AM
An ICO without a white paper is like a project without a clear direction and purpose, which I doubt.

We can judge an ICO by reading the entire white paper, which I think is very important for its use.
newbie
Activity: 18
Merit: 0
September 15, 2018, 02:17:59 AM
An ICO without Whitepaper is scam and I won't invest my time or money in such a shady project.
member
Activity: 224
Merit: 10
September 15, 2018, 01:59:51 AM
yes, if the ICO without the white paper we will not be directed and understand a project. with White paper which contains information about the project background, objectives, and overall details about the startup project. Simply put, the ICO Whitepaper can also provide a clear and complete picture of the project to be run. After the coin cap period is over, all the money collected will be counted.
newbie
Activity: 163
Merit: 0
September 15, 2018, 01:47:44 AM
Investing in an ICO or a project that does not have a  whitepaper might be very risky because there no other place to get the full information about the project, the team, roadmap, details about the main aim of the project.
hero member
Activity: 2184
Merit: 513
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September 15, 2018, 01:40:45 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
ICO without a whitepaper is a scam. Infact even if they have a whitepaper it could still be a scam because whitepaper is easy to produce. Always check the credibility of the team because they are the one who run the project and not the whitepaper.
Community tend to judge the legitimacy of a project simply by how serious they are. There's so many project out there that left emptiness and gap that connects them to the community and that's unworthy of a project.
A project that legit I think is those project that have complete technical detail about the project and supportive developers aswell.
sr. member
Activity: 1722
Merit: 252
September 14, 2018, 07:21:15 PM
ICO without whitepaper has the potential to be a scam, if the project is serious then they will make a whitepaper, I have met several ICOs without whitepapers and after I observed it finally proved that the project was a scam.
newbie
Activity: 98
Merit: 0
September 14, 2018, 07:17:26 PM
Sometimes it simply can't be an immediate priority as there are many projects with few developers, which means that they have to spend their time on more important things, such as the full development of the ICO, whether a platform, an exchange or a coin, but at least before releasing it to the market, should have the whitepaper ready, so that investors can be informed.
newbie
Activity: 37
Merit: 0
September 14, 2018, 07:15:34 PM
I would have never invested in the ICO without whitepapper. The technical document is an integral part of the project. Each investor should get acquainted with the project by studying the technical document.
member
Activity: 321
Merit: 20
September 14, 2018, 07:06:27 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
For sure, an ICO without whitepaper sounds very scammy. A whitepaper is very necessary to explain the project and it's idea, it's essential to be followed and get a knowledge.
member
Activity: 238
Merit: 15
September 14, 2018, 07:04:51 PM
I would be very skeptical about any ico that didn’t have a white paper. If you are going to ask the community for funds, at the very least, the team should have a sound idea writttn down on paper.
newbie
Activity: 17
Merit: 0
September 14, 2018, 06:45:51 PM
its true, i think it is kind of strange as well to not have a whitepaper when a project is launched.. but there are legit projects that release a whitepaper later on, an example would be deviant coin a.o.

though a lot of you are right i agree that a whitepaper makes it clear for people what the project is about so people understand what they're investing in, a roadmap is also not unnecessary and gives a vision of what and how they will achieve things.
member
Activity: 392
Merit: 11
September 14, 2018, 05:36:12 PM
Where did you find this albino tiger? Although many people write some shit in their white paper, but everyone has it. If there is no white paper - it is very strange.

Strange is one word for it. Another word being SCAM. I don't see a point in discussing something as outrageous and virtually criminal as an ICO without a decent road map or whitepaper. It's like a coffee shop without any coffee or a menu. What are they promoting?
member
Activity: 476
Merit: 12
September 14, 2018, 05:29:44 PM
I have seen several successful  projects without  a  whitepaper, an ICO running without is not an indication that it is a scam. We fine it very easy to tag a project scam without tangible reasons. Investors can get all the information needed on the website.
newbie
Activity: 106
Merit: 0
September 14, 2018, 05:20:31 PM
ICOs that dont make their whitepaper visible or doesn't have one are probably scams, the thing is that even scammers take the time to create their "projects", so a lack of information maybe be just because lazyness.
member
Activity: 168
Merit: 10
September 14, 2018, 05:17:14 PM
Is a person without a driver's license a driver? He can pass for a driver and may be able to drive, but legally he is not. ICO without whitepaper is suspicious. No ICO should have bounty without whitepaper.
sr. member
Activity: 568
Merit: 254
September 14, 2018, 04:00:44 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
ICO without a whitepaper is a scam. Infact even if they have a whitepaper it could still be a scam because whitepaper is easy to produce. Always check the credibility of the team because they are the one who run the project and not the whitepaper.
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