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Topic: Is whitepaper important in the project? (Read 4381 times)

hero member
Activity: 1092
Merit: 501
September 23, 2019, 12:34:13 AM
Is it important to research the whitepaper in the project? then is there a right way to find out if their whitepapper is real, not fake? What do you think?

For me whitepaper is the most important reference or guidelines for the investors and bounty hunters, every time there is a new project
that will arise here in the forum. Without this no one will get interest to support the project, it is the full content of the project where the community will going to have an idea about the plan, usages, features and more.
member
Activity: 714
Merit: 14
September 22, 2019, 11:18:46 PM
I believe whitepaper shows you the ambition of team members and you will find a complete plan of the project from the whitepaper. If you want to check that the project is worthy of investment, I think you need to do some market survey. I visited a site they have a decent rating and web-score structure that helpful.
The ratings of a project does not guarantee a 100% success for the project. Some of these new projects buy the ratings. It is good to check the whitepaper, the structure of the website and the ratings of the project, yet it is better to go an extra mile to study the team as well and know their expertise level. This is very important because an inexperienced team will definitely end the project in failure.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
September 22, 2019, 05:21:57 PM
White paper gives us the opportunity to get acquainted with how the project is going to realize itself. Sometimes you can immediately see how stupidly and soullessly all the technical documentation was done,
the reading of which does not give any pleasure, this is the first sign of a weak project.
member
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
September 22, 2019, 05:07:27 PM
It's imperative to take note of that a project's whitepaper is just expected to present the "thought" behind the project in a short and tolerably straightforward way. for instance bitcoin's whitepaper is clarifying what transaction structure is, a basic clarification of PoW, time stepping and the system.

for instance there are some altcoins that had smart thoughts however flopped appallingly in usage step so their entire project is currently viewed as a disappointment.
newbie
Activity: 29
Merit: 0
September 22, 2019, 03:20:40 PM
Is it important to research the whitepaper in the project? then is there a right way to find out if their whitepapper is real, not fake? What do you think?

Whitepapers are important of every project..every investors must checking whitepapers..
I check whitepapers like CounosCoin or AxeCoin or..
member
Activity: 854
Merit: 12
arcs-chain.com
September 22, 2019, 04:03:29 AM
The whitepaper is often regarded as the face of the project. That’s where you, at least theoretically, find out what the project is all about, what they want to do, how they want to do it, and, most importantly, when. A decent whitepaper takes serious effort: thorough market research, design work, calculations, conceptual development, and lots of other things are integral parts of a good paper. As a result, writing a good whitepaper usually requires a lot of time (and sometimes money), which scammers cannot afford. 

but you need to remember,Good projects are quite thorough about their whitepapers in a good way. If you have too many questions after reading a whitepaper, it definitely means that it was a bad one, and the project did not make an effort to be clear enough. It doesn’t matter if it was intentional or just a result of little attention paid to making the whitepaper, it’s still a bad sign.

the point is this, if you see that a project’s whitepaper is sloppy, too generalized, or lacks any realistic roadmap, that should make you cautious. At very best, the project might not be a scam but they’re still not taking their work seriously enough. Nevertheless, usually, scammers either hire foreign students who don’t speak good enough English to write their whitepapers, which results in a cornucopia of hilariously silly errors or they just plagiarize someone else’s work, which is even cheaper (but certainly more obvious).   
correction if I'm wrong

That's exactly it! I've translated my share of whitepapers and there are huge differences in content, organization, language, errors, etc... in that point of view it is not hard to spot a scam paper... nevertheless the scammers can crop parts of other good whitepapers and make a quick adaptation... that is not so easy to spot unless you have been reading a lot of them...
These topics are good to educate and fight scams
jr. member
Activity: 149
Merit: 1
September 22, 2019, 03:41:21 AM
Whitepaper is one of the first few things that people look at whenever a startup is being introduced to them. It may make or break what their first impression will be and it's where they can tell if the project has a good cause/missing something.
newbie
Activity: 42
Merit: 0
September 22, 2019, 02:44:19 AM
I believe whitepaper shows you the ambition of team members and you will find a complete plan of the project from the whitepaper. If you want to check that the project is worthy of investment, I think you need to do some market survey. I visited a site they have a decent rating and web-score structure that helpful.
sr. member
Activity: 1106
Merit: 310
September 22, 2019, 01:29:00 AM
yes it is very important , in the whitepaper you wull know what the projects plans and company structure, and what theyy are planning to do with the coins, and its really what the investors are looking
because if you don't have plans , who are people going to invest in the project ? none so what the developers do and the people inside a project do first is the whitepaper its like a plan of the building you can't make a house without a plan or blueprint it will be a disaster without it so yes its very important
member
Activity: 714
Merit: 14
September 21, 2019, 11:53:10 PM
One of the key things every investor looks out for before considering to invest in a project is its whitepaper. The layout, organization and typo free texts of the whitepaper alone gives a clue on the expertise level of the team behind the project. The whitepaper gives a vivid information about the project, its goals, how to achieve them and its benefits.
hero member
Activity: 2730
Merit: 632
September 21, 2019, 07:16:54 PM
Is it important to research the whitepaper in the project? then is there a right way to find out if their whitepapper is real, not fake? What do you think?
Whitepaper together with its roadmap plus knowing the transparency of the team behind does always matter because if you havent consider on checking these things on initial phase then you are just purely doing gambling because you are blindly selecting project without any analysis or verification if the said project is good or bad.Looking its WP
will tell everything on whats the project is all about and you can find it if its realistic or achievable or not.You can make self jurisdiction basing on your own investigative view and research.On this case you will determine if its worth to invest or just simply skip and find for another one but somehow even how good the WP is you cant still be sure or do have an assurance on getting up some success on your project investments.
jr. member
Activity: 294
Merit: 1
September 21, 2019, 07:08:47 PM
Are you kidding me, is asking for white paper important or not? Of course the whitepaper is the most important thing, like the blueprint, you can find out the team, the vision, and how they solve problems.
maybe your real question is, how do you detect whitepaper plagiarism?
You can use several "plagiarism" detection application /sites available on Google.
sr. member
Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
September 21, 2019, 05:32:08 PM
Is it important to research the whitepaper in the project?
Yes, after reading the whitepaper, you can understand how the team responsibly approaches the creation of the project.

then is there a right way to find out if their whitepapper is real, not fake? What do you think?
There are many different nuances, you need to find and read the topics on the forum, in which everything is painted in detail.
member
Activity: 378
Merit: 10
September 21, 2019, 05:12:39 PM
Yeah whitepaper is of very much importance to the progress and success of a project in more than numerous ways. It helps describes all about the project in a grand and official way whiles at the same time a guide to investors. Within the whitepaper contains details on such as the executive summary and roadmap which and guides the project to a successful end.
copper member
Activity: 157
Merit: 0
Best solution for smart cities
September 18, 2019, 05:38:53 PM
White Paper is very important in any project. If a project is handle by any team of professionals you will know it from the white paper. The more detail a white paper is the more attractive to investors. If someone can take the pain and sit down and write a very detailed information about a project there is high tendency that the project will be very successful. That's my opinion.
full member
Activity: 1330
Merit: 121
Next Generation Web3 Casino
September 18, 2019, 02:57:34 PM
I think that White Paper is primarily intended for investors, and how detailed it is drawn up will depend on how attractive the project will be for the investor.  But how much the success of the project depends on the connection of team professionalism and investment attractiveness is another matter.  If the team initially has start-up capital, then they have every chance and opportunity to launch their project, and the investor responds better to the finished product and investments come more actively if the person sees what he is investing in.
full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
September 18, 2019, 01:04:07 PM
The whitepaper is a very important tool in the success of a project. It contains details of how the project will be done and all the technology involved. If the whitepaper is not a detailed one then the project will definitely have a problem and wouldn't be successful.
I do not think that the project will not be successful if it does not have a very detailed white paper. everything will depend on the team and their project development strategy
member
Activity: 546
Merit: 11
September 18, 2019, 11:40:26 AM
The whitepaper is a very important tool in the success of a project. It contains details of how the project will be done and all the technology involved. If the whitepaper is not a detailed one then the project will definitely have a problem and wouldn't be successful.
full member
Activity: 854
Merit: 101
September 18, 2019, 10:45:53 AM
Whitepaper is very important as it can explain the whole project and its future.
This one will make the investors to understand the project and might enlightened them and make them support it.
This will definitely strengthen the bond between the two.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
September 18, 2019, 10:39:04 AM
Without whitepaper there is no serious project
BTW can someone point me to the segwit/lightning whitepaper, never had a look at it
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