Topic: Is ICO WhitePaper Matter Most? - page 5. (Read 2841 times)
This is absolutely true. Most of the ICO are very futuristic when it comes to their whitepaper. The reality always hits us when it comes to this, it always don't work as we expected. However, its been a great journey to each and everyone, being with them from the start until they reach the limit of cryptoverse is the important thing. They help us earn at the same time we help their company grow to extent that we can. So call it quits. There's a bright and dark side in everything.
One way or another, White Paper, in my opinion, is important not only for investors or interested users. The fact is that White Paper is a very powerful marketing tool that brings great benefits to the project itself, which allows it to attract as much investment funds as possible. Indeed, in the very basis of white paper there is no advertising, but the described clear scenario for the actions of the project team, which in fact should interest specific investors.
I quite agree on this that project shouldn't be based on what's written on the whitepaper hence they can add flowering words on it to convince investors and supporters but in the end they cannot back it up on actual project released. The visibility of the team, road map, funds and project's ideology should be based about on how can a project be successful and can be judged by it in actual adoption in the crypto world.
Over time, we've come to realize that Whitepaper is just for fancy for most projects. Most do not even follow their roadmap at all. Some people read Whitepaper, get impressed and invest in projects without putting other factors into consideration, this is always misleading. Most important things to look out for before going long term in a project are team capability/reputation and actual development of the project, not only Whitepaper.
I quite agree on this that project shouldn't be based on what's written on the whitepaper hence they can add flowering words on it to convince investors and supporters but in the end they cannot back it up on actual project released. The visibility of the team, road map, funds and project's ideology should be based about on how can a project be successful and can be judged by it in actual adoption in the crypto world.
For me, a whitepaper is a like a business plan in business and a documentation/manual on a production. Without it it seems that the project has no clear idea what he is doing and what will its end result. I would recommend to skip everything that has no whitepaper.
All of the projects, especially ICO have an initial whitepaper, I have never seen any project that doesn't have whitepaper, back in 2014 or so there used to be some POW coins that used to make a whitepaper after the launch but no one is surviving till now. OP actually stated something good that you should always check that project should be having some working product that they promised in the whitepaper or working towards it and is under progress, this makes sure that the team is working and not just giving everyone false promises which they can't fulfill.Thanks mate for reinstating my point, actually I never discredit the importance of WP like I said the WP is the Owners Manual of every product they've bought, but today the WP is far difference with the digital product there are promoting, and all of the written words inside WP are not defying the product and it will not happen also in their finish product.
I dont blieve in whitepapers per se. Project can write an excelent white paper but all the other stuff can be completele garbage. One of the things i would dig in is linkedin profiles, their links, thier history, try to link them together information .Often i find problems in linkedin and thats a red flag.
White paper is must to analyse about a project and its potential but don't get trapped after seeing the perfect white paper it could be created for a clean perfect scam as well and many projects doesn't developed their projects in the proposed way so we also need to have look at the project team and their reputation in the crypto market.
I do think a lot of investors put too must trust on a whitepaper and missed the grand picture of how projects will implement all of those well-written ideas in their paper. The whitepaper should be realistic on how to tackle and solve the problem utilize their coin/token and implement it. That, to me is the best way to present the project's ideas on whitepaper.
ICO is no longer alive again but I will still like to contribute my own point on this topic, ICO whitepaper isn't what you should be after, there are other things that should come first before ICO whitepaper, I'd rather focus on the team and the project use case, whitepaper is easy to build
ICO is still alive and you can see some new icos have raised the hardcap easily. WP is only a plan and no more. People who consider it as a critical point to determine the trust of ico must try to learn more. You can even pay people to create your own WP.
I think to some extent, the whitepaper is important for every investor to go through before investment participation. Also, the whitepaper is something every bounty hunter must look into before joining bounties; because one way or the other, there are strategic information's that could impact the rewards of bounty hunters. The whitepaper can also guide as it reveals quarter at which you can expect certain developments, which to some extent impact the price of the token on the market.
In a nutshell, projects differ from one another; likewise our research skillset and strategy, so i implore that we do whatever suits our interest regarding investment.
In a nutshell, projects differ from one another; likewise our research skillset and strategy, so i implore that we do whatever suits our interest regarding investment.
You can detect a scam or fraud project by going through roadmaps and whitepaper but they aren't reliable, these shouldn't be the reason why you invest on a project, use case is what will determine the survival of a project in crypto space
Why would whitepaper matters to anyone? Because in crypto projects actions speaks louder than words, many projects have good roadmap but the team are their main problem, roadmaps, whitepaper are all based on empty words, capable team is the best
Prepared road where it is mentioned how the project will move forward moreover whitepaper is not a good thing for us. Because whitepaper can be presented by the team if they want, so it is understood that it helps to call investors here. It is also easy to understand that if a project runs out of money then we have nothing to do and all these whitepapers can do nothing.
Yes, even the whitepaper clearly represent the content to be a good project but lack of budgets when it comes to actual presentation of the product, its become useless. Whitepaper gives a high percentage rating when the project created, most of investors look for the perfect whitepaper where almost everything they needed to know must be present there. It's really hard to identify which is the perfect one to invest with. A lot of things can be happen if the project even success in their ICO launch. There's always a long way to go for them in actual market.
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.
whitepaper is certainly important if indeed the project intends to run it or the project is not fraud so then you will read and pay attention to what they say.
but does not apply if they are scamer.because the main thing is to see the project is real or not.
Prepared road where it is mentioned how the project will move forward moreover whitepaper is not a good thing for us. Because whitepaper can be presented by the team if they want, so it is understood that it helps to call investors here. It is also easy to understand that if a project runs out of money then we have nothing to do and all these whitepapers can do nothing.
ICO is no longer alive again but I will still like to contribute my own point on this topic, ICO whitepaper isn't what you should be after, there are other things that should come first before ICO whitepaper, I'd rather focus on the team and the project use case, whitepaper is easy to build
Repetitive projects can easily copy from other projects whitepaper to fill their, it's wrong and it's not entirely bad too, that's just my own kinda view, team experience and future developments is what matters most to me, we have many projects with great utility but lazy team
Whitepaper plagrism isn't a new thing again, even good or fair projects plagiarized their whitepaper and still do very well in the market, to me whitepaper isn't something you can use to judge a new project because it's easy to just edit a whitepaper and change few words to make your own project
why would they copy others job , that only means that they are not fair or good if they do that . the one that do that are only scammers or not a good ico but they will soon find out because there now many ico investigators that thier job is to ripped ico out . so it does really matter , if you are an investor or if you are a business man that wants to run your verry own ico . not only white paper but all that an ico require does matter as well because every requirement is important and will be look out fairly
Whitepaper plagrism isn't a new thing again, even good or fair projects plagiarized their whitepaper and still do very well in the market, to me whitepaper isn't something you can use to judge a new project because it's easy to just edit a whitepaper and change few words to make your own project
why would they copy others job , that only means that they are not fair or good if they do that . the one that do that are only scammers or not a good ico but they will soon find out because there now many ico investigators that thier job is to ripped ico out . so it does really matter , if you are an investor or if you are a business man that wants to run your verry own ico . not only white paper but all that an ico require does matter as well because every requirement is important and will be look out fairly
the reality is the whitepaper is the brain of a project. so, if they change the concept of their whitepaper, they have discarded the project. that's the importance of whitepaper.
on the other hand, because of the importance of this whitepaper, many others try to steal ideas from it. not a few we see the whitepaper that has been imitated to date.
on the other hand, because of the importance of this whitepaper, many others try to steal ideas from it. not a few we see the whitepaper that has been imitated to date.
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