Opinions about whitepapers - page 3.

jacquelinecr

member

Activity: 294

Merit: 19

Quote from: valucash on September 20, 2017, 07:15:38 AM

A whitepaper can be well written and infused with brilliant concept and ideas, yet the project is doomed to fail and you can see some project with sketchy or no whitepapers at all yet the project is a bang. S

For sure, without a descent whitepaper, you cannot expect anything. I believe that companies are becoming better, because they learn from others.

digital_weezer

member

Activity: 70

Merit: 10

Whitepapers are extremely important as the give the overall concept of what the token / coin will do. A lot of the companies are just stating their ideology and after the ICO they are able to move forward.

A poor whitepaper is something that should send warning signals. But there are other things you should look into such as:-

Firstly the most important aspect is if they coin / token makes sense. If the coin is not needed and they have simply added it to have the ability to raise an ICO, then eventually the project will collapse.

Once you have looked into this, the team, whitepaper and the number chunching to make sure it makes sense.

Lastly their marketing. Are they strong? communicating their concept and idea?

Emworks

sr. member

Activity: 322

Merit: 250

White paper is one of the important porfolio that need to be provide by ico developers in which they indicate all the necessary details about their business strategy, developement plans and team background that will show how legitimate and credible they are.

however if you try to look at it, most of white paper details are to complex that makes them really confusing.Those docs fucos on technical information in which only few % of people will able to understand. They supposed to make the project approachable, simple legit and credible cause people buy and lend there trust on the things they understand.

valucash

member

Activity: 110

Merit: 10

A whitepaper can be well written and infused with brilliant concept and ideas, yet the project is doomed to fail and you can see some project with sketchy or no whitepapers at all yet the project is a bang. Scammers know that a good whitepaper is required, so they pay professionals to write one for them, without a reflection of those stuff in their actual implementation. So how do you find a middle road? Having the best of minds on a project team, a brilliant idea and well written whitepaper gives investors a rest of mind, but with all this if your project will not be used in the real world and gain traction and adoption it is just a fruitless effort. So there are a lot of dynamics involved in all of this. You will learn what works by experience and observation.

beezle

member

Activity: 118

Merit: 100

If you plan on asking a question or raising a concern in the ANN, you better have read the whitepaper first. And often a whitepaper is useful not for what it says, but for what it is missing.

Also sometimes it is useful to download the whitepaper and look at its file properties and meta data. Maybe it shows info that wasn't intended to be shown..such as peculiar dates or author names or old filenames or anything that helps you learn more than you are being shown elsewhere..

Senswh

member

Activity: 97

Merit: 10

For me whitepaper just sample or option to make article and how to complete project with same subject and what ur bring information about that project. But ANN is other option for me to make article

dewanaga

copper member

Activity: 504

Merit: 251

whitepaper is very important to know how the project will actually be done or just nonsense

and also whiteaper is a benchmark where we can know the information of a project

Jating

hero member

Activity: 2842

Merit: 772

Quote from: JollySkipper on September 19, 2017, 01:08:55 PM

What is your opinion of whitepapers you read.
I'm asking because I read few and was very inaccurate, very confusing.
Please let me know your opinion, thank you.

Some of them are garbage and complete rubbish. And it looks like a 5 year old wrote the whitepaper. But most of the whitepapers looks professional and the roadmap of the project is clear and fully explained. You have to be very careful on whitepaper that are very confusing or inaccurate because the only intention is to really scam investors. However, if you find inaccurate things then you can directly ask the dev team in one of their communication channels.

frowsiter

sr. member

Activity: 714

Merit: 261

If that's the case then you probably hit the bad or fishy type of ICO and read their whitepaper. If the ICO very serious about the project they are working on then they will have taken of care of these things in neat ways. Just imagine whitepaper is the first point where big investors will go and study it. So that needs to be very accurate and simplified for instance to have better understanding of what it would like be and where the investment will be going. Some of them are really like the way you have described here but they might be just noobs trying to create projects. So some may be just unprofessional buthe one with serious business will always have the perfect quality.

Gracechen17

full member

Activity: 367

Merit: 102

Quote from: VanDerWaals on September 19, 2017, 01:18:22 PM

What was confusing about it? I read some whitepaper, which was badly written, it looks like they was wtitten in five minuts, But I read whitepapers which was well-arranged and well written.

I've also read white paper with a lot of errors. It was in english though but i suspected it was originally made in other language then translated to english so the translation was very poor. But grammatical errors are just minors it it is your point you have to understand the whole whitepaper. Their roadmap has to be understandable and clear regardless of some vocabulary errors or spellings but the context must be clear.

cynical

full member

Activity: 490

Merit: 136

White paper for ico's are essential, they are supposed to outline what the project is aiming to do. Some I have read have been a bit too technical for my level of crypto knowledge but all the same they are good to read and learn about a particular ico

bucciarati

full member

Activity: 700

Merit: 108

Whitepaper is a trend but also a must so It only depends in quality of the draft: if low you can be suspicious and need to dig more deeper in team and project, if quality you can be a little more confident, but at the end is only marketing

coastbank

full member

Activity: 238

Merit: 100

Presale Starting May 1st

I generally love to read whitepapers. I think they are understandable. Purposes are enough to invest in or not. Some papers claim unreachable goals so you should pass them away.

ActiveP

full member

Activity: 210

Merit: 100

Quote from: JollySkipper on September 19, 2017, 01:08:55 PM

What is your opinion of whitepapers you read.
I'm asking because I read few and was very inaccurate, very confusing.
Please let me know your opinion, thank you.

Do you have any particular whitepaper in mind? Please cite some examples. I seen and read a few good ones and some badly written papers, It does not stop the owners raising money if the investors are Chinese.

zamazama

full member

Activity: 263

Merit: 100

bulk of the white papers are just fluff .. nothing concrete and very broad.

DuarteFig

full member

Activity: 169

Merit: 105

Quote from: JollySkipper on September 19, 2017, 01:08:55 PM

What is your opinion of whitepapers you read.
I'm asking because I read few and was very inaccurate, very confusing.
Please let me know your opinion, thank you.

I have read some well-written whitepapers with clear content and full description of the project. Take a look at the 0x protocol whitepaper and at the Grid+ whitepaper. Even though they are very different, I think they both achieve the goal of presenting their projects. I tried to achieve a good result as a co-writer of the Auctus whitepaper mixing the concision of the 0x paper with a more detailed design as of the Grid+. Of course, the applications are very different from one another. Maybe you have come across some not so clear whitepapers, but it is very important to read through them before investing in a project.

Also, one advice: don't trust the whitepaper 100%. There may have some things written in there that are not reflected in the smart contracts code. It is very easy for someone to write a good whitepaper promising a lot of features that will never be implemented.

Schocksen

full member

Activity: 210

Merit: 100

I think a Whitepaper gives you some information how professionell a project is. Even if you do not unterstand it.

smsupto

jr. member

Activity: 53

Merit: 10

Whitepapers is full information about a coin and it's project.

yura888

full member

Activity: 364

Merit: 100

“Create Your Decentralized Life”

Well, so it depends on the white papers. There are good realistic ones, but there are bad and unreal.

agustina2

legendary

Activity: 2436

Merit: 1008

Quote from: JollySkipper on September 19, 2017, 01:08:55 PM

What is your opinion of whitepapers you read.
I'm asking because I read few and was very inaccurate, very confusing.
Please let me know your opinion, thank you.

All whitepaper I have read so far is good, as always it should be good as investors will look into that.

What whitepaper you read that you think was very inaccurate? You can shares thoughts with us so that we can see if that is really an inaccurate.

Topic: Opinions about whitepapers - page 3. (Read 1429 times)