Business is not about "things" nor is not about "products" nor is about "plans" and is not at all about "money" (read this twice if you want).
Business is about people and most of all is about trust. Let me prove it to you:
- Hi, I am Bitcointalk user Paxmao, you don't know my real identity nor CV and I am asking you for 1 billion USD investment to put a satellite into orbit at 1/5 the price that NASA can do it.
- Hi, I am Elon Musk, I am asking from you 10 Billion USD to put a satellite into orbit at half the price NASA can do it.
Now, my white paper is awesome and my web page is in perfect English, no broken links, great campaign, 100k telegram followers and the best campaign managers tokens can buy.
Who do you trust?
Topic: Is ICO WhitePaper Matter Most? - page 14. (Read 2841 times)
I believe that ICO white paper is one of the most important part of an ico project because without it you cant review what is the idea and proposal of the project. But what really matter is:
1. Active and agressive team dedicated to their project
2. 24/7 active to their community
3. A project with prototype
4. Roadmap is properly executed
Social media's and youtube channel are also helpful some youtube review about the ico is there,usualy i check first their social medias,youtube channel and their website if it good and high quality then its qualified for my apetite.
1. Active and agressive team dedicated to their project
2. 24/7 active to their community
3. A project with prototype
4. Roadmap is properly executed
Social media's and youtube channel are also helpful some youtube review about the ico is there,usualy i check first their social medias,youtube channel and their website if it good and high quality then its qualified for my apetite.
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!
...
Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
...
Yes correct, Whitepaper is just... paper. You can write what you want, promise what you want. A complete due-diligence should be made by everyone investing in ICO but even with this, scam can not be fully avoided.
ICO with existing products are a often a better choice but quite rare.
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 
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 
It matters only if the project is following it construct.
To me what really matters is the project behind or any business associated with the project.
A project without a business will likely not survive if advert is not properly run.
Invest in good project!
To me what really matters is the project behind or any business associated with the project.
A project without a business will likely not survive if advert is not properly run.
Invest in good project!
Before investing. Make sure the project has MVP or proof of concept. A known advisers or team so it would easily distinguised if an ICO is a scam.
It matters only if the project is following it construct.
To me what really matters is the project behind or any business associated with the project.
A project without a business will likely not survive if advert is not properly run.
Invest in good project!
To me what really matters is the project behind or any business associated with the project.
A project without a business will likely not survive if advert is not properly run.
Invest in good project!
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.
Actually, I think you need to study three things before contributing to an ICO.
1. Team
2. A prototype
3. A whitepaper
Do you have cases when a project had a good white paper and then they would do a bad execution or/and exit scam?
For me, I'm always looking for their Youtube channel at first to see if there is any speech/Q&A/roadshow report from founder and the team. This is signalling two important factors:
1. They are real people.
2. They are optimistic and have confidence in their project.
Then I'll dig into whitepaper.
FYI, a lot of scam ICOs copied parts from various legit whitepaper. And scammers can even create a good quality one. Be careful, here is the example:
https://icorating.com/upload/whitepaper/4VPsfxSUp2a9xN5dD8hPNxcPwP8rfyPZwWQUvKSF.pdf
1. They are real people.
2. They are optimistic and have confidence in their project.
Then I'll dig into whitepaper.
FYI, a lot of scam ICOs copied parts from various legit whitepaper. And scammers can even create a good quality one. Be careful, here is the example:
https://icorating.com/upload/whitepaper/4VPsfxSUp2a9xN5dD8hPNxcPwP8rfyPZwWQUvKSF.pdf
Whitepapers are not the only consideration when investing in an ico, although important, other factors just just reassures ones confidence, like team, product, etc,.
I don't know how OK it is to post here, but I wrote a "guide" about analysing ICOs, it's a pretty long text so if it's not really good to post here!
but if anyone has their own tips maybe you can add them in the thread
but if anyone has their own tips maybe you can add them in the thread
Its good to share my thought on this matter. I have personally developed a whitepaper for a project that seem quite promising but did not even germinate above the soil to get to the moon. I guess they are yet to germinate. It wasn't because of the whitepaper but rather, the team members running the project were inexperienced. Yes you are right, using the whitepaper as the only basis to invest into ICOs will miss lead you but the whitepaper can also give you an insight to the project. I personally prefer reading the profiles of the team and how realistic the project is.
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.
Yes, you must really see first time - wp, and just after that, thinking about choosing that projects 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.
Merited for that picture. Hilarious and succinctly and accurately sums up the entire Altcoin Announcement sub of the forum.
Some of these developers are even involved in white paper plagiarism so that they will be able to convince investors that they can invest in their business and have maximum profits.
Merited for that picture. Hilarious and succinctly and accurately sums up the entire Altcoin Announcement sub of the forum.
Yep, MVP is one of the important things
Because it gives some chances, that product can be normal
If devs, first of all, take your money - it can be one of the attribute of scam
Because it gives some chances, that product can be normal
If devs, first of all, take your money - it can be one of the attribute of scam
Right now there's no really can guarantee legality of an ico, whitepaper that was being a first lead now can manipulation so easy, true what Mr. John1010 said, right now address can appinted to be judgement matter, because i, myself have been a victim an ico where after i checked the address, apparently adreaa that grafted by the company was an address from a bag shop in england, this is so heart breaking.
I've seen so many ads / publicity for "I can re write your whitepaper" that it makes me wary what's tru; what's been completely glossed up
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.
It is still vital on ones project to look into whitepaper cause its the source of the concept and basis of what they are cooking. But well written whitepaper is only a piece of a criteria can based on. I agree with you, actually I'm also doing this prior to participation on the ICO.
I want to know the details of the team which include identity, location, and profession.I remember one time, I'll try to call one of the heads of a certain ICO through video calling. Oh my God, won't try to open the cam and saying his busy? On broad daylight? Just want a few minutes conversation, come on, This type of way is effective. Only those serious with certain project can show themselves. I understand some are afraid especially those came from US due to SEC restriction but most projects are Asian, Russian and Europe which doesn't have a strict provision on cryptocurrency.
That's all, I just want to say don't rely on one criteria, make everything counts cause if you're investing with a fraud one get ready to let your hard earned money flying on thin air.
Investing should be deliberate, and anyone who does not want to lose their money must read all the possible documents, understand the received information and verify in all possible ways its truthfulness. Whitepaper is certainly a useful and important document, but as many here write this is not the main criterion for choosing ICO. But badly written white paper, when it is a question of big money, is a serious criterion not to consider the project.
PS: funny picture
PS: funny picture
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