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Topic: Is whitepaper important in the project? - page 11. (Read 4381 times)

legendary
Activity: 2072
Merit: 2012
Marketing Campaign Manager |Telegram ID- @LT_Mouse
September 05, 2019, 08:50:26 AM
#39
Whitepaper is the place for finding out all the information on a particular project. However, with the change of the crypto industry being using as scamming people, most people don't do any homeworks, just copy paste other people's work. You can check it out through checking plagiarism.
legendary
Activity: 2982
Merit: 1069
★Bitvest.io★ Play Plinko or Invest!
September 05, 2019, 08:39:32 AM
#38
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?

Studying the whitepaper of a project would reveal many things about the project and their credibility.
Firstly, you'll know about the effort put on, a scam would have a poorly developed whitepaper with many grammatical errors and plagiarism. Searching some random phrases and viewing the IDs of the team may reveal if they are plagiarised.
Secondly, you'll have a good idea about tokenomics and how the project aims to deliver and know about the roadmap.
full member
Activity: 562
Merit: 100
September 05, 2019, 08:25:01 AM
#37
The importance of whitepaper in a project development cannot be underestimated because it serves as the piece which provide all the necessary information about the project, its idea, the team behind and the product of the project. Most importantly, it tells investors and readers the road map of the project.
Yes, but sometimes many whitepaper simply misses most of the information or doesn’t disclose it. Everything seems to be blurry and written in general terms. Here, as they say, people are judged by their clothes so I judge the project on whitepaper.
member
Activity: 700
Merit: 10
September 05, 2019, 08:04:59 AM
#36
I consider it important to have white paper for each project. The fact is that most often all the detailed information about the project and its work is located in white paper, and if it is not there, it is very difficult to evaluate the project and decide to participate in it. I always check for white paper and the information in it. As for the methods for determining the shade of information in white paper, I have not heard of them and don’t know, but I think that all the information needs to be checked, and then a conclusion should be drawn.

Whitepapers describe some or all of the project and I think reading or knowing whitepapers is important as an investment guide. Maybe there are some projects with good whitepaper but the reality in the market is not as good as whitepaper and in my opinion this can be categorized as shitcoin
jr. member
Activity: 238
Merit: 8
September 05, 2019, 07:54:49 AM
#35
One of the most useless questions you could ever ask. If the whitepaper is NOT important to you in any case, like some pure token experts like to say, then you might as well just create tokens without WPs and then distribute according to your token economics.

If you really believe in crypto and blockchain, past hype of price, WP is non negotiable.

thank you friend, for reminding me. I am a beginner and I want to know how to observe whitepapers in a project. yes, maybe this question is not useful for you but who knows tomorrow when I have the skills in identifying fraudulent projects will surely help many people not to fall into the den of fraudsters. There is a saying that says "ashamed to ask astray on the road", hopefully you can remember again when you were in my position.

Yes, I think the only way to get rid of these scammers is to take care of all aspects of the project. Panel, Road Map, White Paper. These factors if we evaluate them appropriately,  It will help us close all the ports that fraudsters exploit.
jr. member
Activity: 111
Merit: 4
Bitcoin
September 05, 2019, 07:30:03 AM
#34
Of course, a technical document is important for any project, because this document is the first thing an investor sees first when he gets acquainted with a project. But you need to understand that project teams reserve the right to change this document at any time. I saw many projects that made changes at the tokensale stage, changed many parameters, the total supply of the coin, the blockchain on which the coin will be initially created, and much more.
newbie
Activity: 16
Merit: 0
September 05, 2019, 07:12:31 AM
#33
What matters is results in my opinion. With our project (www.nyancash.com) our results show up on the blockchain when token holders start getting ethereum rewards
full member
Activity: 1946
Merit: 112
September 05, 2019, 07:09:37 AM
#32
I consider it important to have white paper for each project. The fact is that most often all the detailed information about the project and its work is located in white paper, and if it is not there, it is very difficult to evaluate the project and decide to participate in it. I always check for white paper and the information in it. As for the methods for determining the shade of information in white paper, I have not heard of them and don’t know, but I think that all the information needs to be checked, and then a conclusion should be drawn.
full member
Activity: 938
Merit: 100
September 05, 2019, 06:27:06 AM
#31
white paper for a project is very important, so it is necessary to research before we join a project, and to find out whether the white paper is authentic or fake, we also have to look at some other white paper projects, that's where we can find the similarities in white paper or the original white paper.
member
Activity: 812
Merit: 11
September 05, 2019, 06:20:39 AM
#30
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 can be made as good as possible by the developer team without considering the inhibiting factors. For novice investors, maybe whitepaper can be a reference for a project before deciding to invest, but in its development that determines a project is the developer team and many projects that change the whitepaper and roadmap after running several months.
legendary
Activity: 3150
Merit: 1148
September 05, 2019, 05:56:21 AM
#29
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?
You don't need a whitepaper to find out if the project is real because whitepaper can easily be written.
Look at the team who compose the project, if they are real and has a good reputation, then that's the time you conclude that the whitepaper is real because they will also protect their reputation, they are not raising a project to scam investors.

Actually, crypto is a big market, that's why there's a lot of scams in the past is because some investors failed to verify the authenticity of the information given in a certain project and there are online freelancers who are good at writing white paper, it doesn't need a big amount for them to work on it, so it's not a good basis at all.
full member
Activity: 868
Merit: 106
September 05, 2019, 05:51:22 AM
#28
The whitepaper is an overview of the whole project, from concept, team, disclaimer, but we find many whitepapers that are almost identical in various existing projects, this is influenced by several factors;
1. because the project in cryptocurrency has the same concept, for example about security, methods and so on.
2. Whitepapers usually use the same image, this is because a cryptocurrency has links to one another.

to find out the authenticity, I think it needs a thorough identification, such as reading their disclaimers and abstracts, because there we will find differences, if the abstracts are the same, then the possibility of copypaste is very large.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
September 05, 2019, 05:47:30 AM
#27
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?


The whitepaper is critical for investor, it state the vision statement, objectives and the problem the developer are out to solve, ensure you research well,to confirm if the whitepaper is fake or real, consider the team/developer involve in the project, the present and past experience relative to the project whitepaper.
sr. member
Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
September 05, 2019, 05:28:28 AM
#26
well, in my opinion whitepaper and team member is very important for any project mate
because investors always want to read a whitepaper from the project first before drop their money
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
September 05, 2019, 05:10:12 AM
#25
I'm writing a white paper right now.  If you need a white paper written please contact me.  I can produce a very comprehensive document for almost any kind of blockchain related project.
member
Activity: 910
Merit: 12
September 05, 2019, 05:02:53 AM
#24
Yes, whitepaper is very important for analyzing a project. I think it's even the most important. You can learn a lot about the project by reading Whitepaper. And in this case, you get enough information to evaluate the project.
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
September 05, 2019, 04:57:37 AM
#23
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?

if we want to know about the project, just read their whitepaper carefully my friend
and to know if the whitepaper is real or fake, you should read it and comparing with the whitepaper from the other project my friend
so, its not easy  Wink
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
September 05, 2019, 04:57:00 AM
#22
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?
I think whitepaper is important because what investor see, although i think less people who want to read whitepaper, it is still important. Maybe out there, a few people who want to read it look information about roadmap, or maybe spesification about the token itself. If me i usually look whitepaper only to see what is the project and useful or not the token in future. If i think not logic to realized, i just leave it.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
September 05, 2019, 04:53:41 AM
#21
White paper of the projects it's like an idea, ideas might be very good and well work out, but it's there is still a lot to go before their implementation and commercial success of the project
I think whitepaper doesn't a Idea of project. Because already they plan to create a complete project then only they create a clear whitepaper of the project. So we plan commercially and properly then only it make big success and Investors are ready to participate the project. Finally we follow the white paper way otherwise it will never success in current crowd.
full member
Activity: 1177
Merit: 102
September 05, 2019, 04:49:49 AM
#20
If you are a investor then Whitepapper is most important for you because withpaper road map of the project and you will see the project what can do future development. Many strong project looking good map then there making Whitepapper after start project activity and many projects making in running project.
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