I don't think the most important thing is the whitepaper for sure is important but from my opinion the most important is the address of the company who is running the ICO. Why? Cause you can check it with google maps to see if is real, some scam project were found on this way, with a fake location.
I truly agree with you. The location is of major importance and for me understanding the whitepaper and see the possibility of a true ICO behind it 
Topic: Is ICO WhitePaper Matter Most? - page 12. (Read 2841 times)
yep, often bad projects give investors a huge promise with x100 or x1000 vision and lots of delicious seductions from community managers. All these actions show a blatant scam. I hope that you will not have to fall into this trap and see the project as realistic as possible. In order to avoid the problem of investing in the wrong project, you should first consider whether the team is really aiming for their products, or they only aim to entice investors to buy tokens. then you should check if that project is going to be listed on good exchanges or else it's definitely fake promises.
Who among us here have been victims of almost perfect Whitepaper?
Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.
So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole.
This is probably the closest thing about whitepaper Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.
So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole.
I have seen so many whitepaper that are out of this world and to good to be true, but ended out very much different from what they stated in their whitepaper, but we still need whitepaper, but don't believe on it right away there should be a good logic on those whitepaper, ask these people how close the implementation to the real thing, experts analyze a project whitepaper, for legitimacy.The whitepaper could be more important when all project indicated there will implemented, but very sad but true, i've been saw guys offered a whitepaper job on a service section, it means they have a template for it, some sort of edting and adding some colorful words then it will become an ICO's thats why some comment here are right, we need to look the people behind the project.
Well for me, it is somehow important because it includes all of the information about the project that they are trying to propose. Sometimes, the information on the whitepaper doesn't fit on the actual project itself so we also need to analyze if they are being honest on the information that they have included on it.
Who among us here have been victims of almost perfect Whitepaper?
Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.
So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole.
Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.
So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole.
We can say that whitepaper is important to the project but if you are going to look for whitepaper only then you are only wasting your investment money because plenty of projects out there can just hire someone who can write an almost perfect whitepaper even if their actual project is almost useless.
You should look deeply to the project that you want to invest in like their partners,supporters,broad marketing,solid project goal and etc. We should dig the project and if possible don't invest blindly if you want to lessen the risk as looking in whitepaper is not enough to say that certain project is genuine.
I think most of the Whitepaper and Technical paper are just a copy-cat from another project and they are providing benefits from investors even though it will not gonna happen. And, i myself fall for many times on this and i think ICOs are just a scam but not before.
And falling for this kind of scheme is really bad and does not have knowledge on how they work.
And falling for this kind of scheme is really bad and does not have knowledge on how they work.
Who among us here have been victims of almost perfect Whitepaper?
Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.
So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole.
This is probably the closest thing about whitepaper Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.
So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole.
I have seen so many whitepaper that are out of this world and to good to be true, but ended out very much different from what they stated in their whitepaper, but we still need whitepaper, but don't believe on it right away there should be a good logic on those whitepaper, ask these people how close the implementation to the real thing, experts analyze a project whitepaper, for legitimacy.
I would like to greet everyone a Happy and Prosperous NEW YEAR!!
Another thing the newbie in crypto must be consider:
types of ICOs exist
There are typically four types of ICO projects:
1. Organic
2. Artificial
3. Synthetic
4. Scams
Full located @ https://bitcointalksearch.org/topic/m.41617118
types of ICOs exist
There are typically four types of ICO projects:
1. Organic
2. Artificial
3. Synthetic
4. Scams
Full located @ https://bitcointalksearch.org/topic/m.41617118
Yes Whitepaper is needed because whitepaper tell everything you need to know about that coin/token before making up your mind if you want to invest, purchase or use it.
This includes commercial, technological and financial details of a new coin/token in language that can be understood by someone who is not an expert in that subject.
Beside that in the whitepaper it already describe a lot of things like
The problem in the existing market
The advantage using their coin/token and why we must HoDL their coin/token
Competitive landscape & market size
Key investment considerations
Technical explanation of their product and use case(s)
Their Timeline / RoadMap
ICO Strategy (how many tokens to issue, distribution of tokens, price, market cap, phases of token release, payment processing, token deployment)
Team behind the project
Legal aspects of the tokens
Marketing strategy, ETC
This includes commercial, technological and financial details of a new coin/token in language that can be understood by someone who is not an expert in that subject.
Beside that in the whitepaper it already describe a lot of things like
The problem in the existing market
The advantage using their coin/token and why we must HoDL their coin/token
Competitive landscape & market size
Key investment considerations
Technical explanation of their product and use case(s)
Their Timeline / RoadMap
ICO Strategy (how many tokens to issue, distribution of tokens, price, market cap, phases of token release, payment processing, token deployment)
Team behind the project
Legal aspects of the tokens
Marketing strategy, ETC
is it important to have WP ?
Cardano is a US$4 billion white paper. Tron is a $2 billion whitepaper. Bytecoin is a $500 million whitepaper.... the list goes on.
So yeah, I think in many cases, the whitepaper is the most important. The exception to this ofc are the projects that are actually live with a product, but as we know, those are not as frequent as the million (and billion) dollar whitepapers
So yeah, I think in many cases, the whitepaper is the most important. The exception to this ofc are the projects that are actually live with a product, but as we know, those are not as frequent as the million (and billion) dollar whitepapers
That comment was spot on, yet a sad read.
We invest in dreams, and hope they come true. But that goes for most of crypto
Cardano is a US$4 billion white paper. Tron is a $2 billion whitepaper. Bytecoin is a $500 million whitepaper.... the list goes on.
So yeah, I think in many cases, the whitepaper is the most important. The exception to this ofc are the projects that are actually live with a product, but as we know, those are not as frequent as the million (and billion) dollar whitepapers
So yeah, I think in many cases, the whitepaper is the most important. The exception to this ofc are the projects that are actually live with a product, but as we know, those are not as frequent as the million (and billion) dollar whitepapers
Of course it matters.After all,there should be some idea, people should see where to invest their money.White paper is proct's face.If it is written badly and not qualitatively, then people will not trust this project.
Of course. Whitepaper is only their documentation. It is only documents that describles the project and answers the following:
It rarely answers these:
It never answers these:
Whitepaper is just the tip of the iceberg.
- What does the project do?
- What particular problem/s it really solves? (Why are they doing it?)
- How will they solve the problem?
- What are the target dates for the accomplishment of every parts of the project?
- Who are the people involved in this project?
It rarely answers these:
- How feasible is the project proposal?
- What are the methodology/ies you're using or the algorithm/s derived in solving the problem?
It never answers these:
- Are the people/part of the project really reputable, reliable and relevant on the project that they're doing?
- Are they doing things the right way?
- Are they doing things legally?
- Are they well funded?
- Are they well supported by their own community?
Whitepaper is just the tip of the iceberg.
a lot of ICOs are disappearing after raising money. So i try to stay away from icos now. To answer our question, no white paper no longer matters but an actual product does that can be a value add.
Gone are the days when we used to have good ICOs. Projects without ICO but with strong team are holding more value in my eye then ICOs
Gone are the days when we used to have good ICOs. Projects without ICO but with strong team are holding more value in my eye then ICOs
Same with me, I do not rely my decision in white paper I must more focus on the team, marketing strategy community and the product. White paper is easy to write but deep inside there are to implement the idea in real situation and can turn a good white paper in scam project
I think that is all about team, WP just one of 1000 elements to make good company. It is not going to save company from bad execution, regulation, competition, but team can do it.
most people invest in ICO to know the planning and management of the project is sure to know it all must see the white paper, but ...! neat and neat white papers have not yet determined the project is good and real, therefore there are many aspects that we must examine as the project team and the place in the project are developed to avoid scam projects
Currently, a lot of companies hold ICO.And all of them first of all give investors their idea.The investor reads the white paper and then decides whether to actually perform the tasks or not, before you invest your money in this company.After all, if the white paper is not written feasible plans, then there will not invest.
Jump to: