Pros and cons of whitepapers - page 5.

sud

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Quote from: TravelMug on March 12, 2018, 02:55:22 AM

Quote from: Jling1007 on January 09, 2018, 03:29:21 AM

Question for everyone, what are the signs of a good whitepaper and also signs of a bad one.

Good Sign:

1. Roadmap - there should be at least a roadmap and what the project wants to accomplished. At least a good 3 - 6 months project pipeline.
2. The team - the devs or the top management should be also has a name and a face in the Whitepaper so that we can verify if they are really legit or not.
3. Jargon - not too much technical terms, because most investors will not understand it anyways. Brief concise and straight to the point.

Bad Sign:

1. Spelling mistakes - If I found some spelling or grammar mistakes, I tend to stay away because it doesn't look professional. They are asking investors to pour money on them and yet they can't even proof read their paper
2. No teams mentioned. - very shady to me

Yeah, after reading many whitepapers It's not so hard to spot a shady/bad ones. I always skip projects that doesn't reveal details about team and advisors.

To good signs, I would also add detailed fund section and comparsion with competing projects.

Quote from: Pursuer on March 12, 2018, 03:10:54 AM

since you posted this in trading discussion I am going to focus on that.

you only read an altcoin's whitepaper if you are interested in its technology and want to learn more about how it works and what ideas it is implementing. otherwise as a trader reading the whitepaper of an altcoin is not going to give you any worthwhile information about it. altcoins work based on hype and pump and dump. and neither of the good ones ever give you as big a profit as a pumped shitcoin can give you.

Well, if you only focus on short time hype trading it is true, whitepaper and basics won't matter. But if you also invest long term, it may show the potential of the project.

Pursuer

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since you posted this in trading discussion I am going to focus on that.

you only read an altcoin's whitepaper if you are interested in its technology and want to learn more about how it works and what ideas it is implementing. otherwise as a trader reading the whitepaper of an altcoin is not going to give you any worthwhile information about it. altcoins work based on hype and pump and dump. and neither of the good ones ever give you as big a profit as a pumped shitcoin can give you.

TravelMug

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Quote from: Jling1007 on January 09, 2018, 03:29:21 AM

Question for everyone, what are the signs of a good whitepaper and also signs of a bad one.

Good Sign:

1. Roadmap - there should be at least a roadmap and what the project wants to accomplished. At least a good 3 - 6 months project pipeline.
2. The team - the devs or the top management should be also has a name and a face in the Whitepaper so that we can verify if they are really legit or not.
3. Jargon - not too much technical terms, because most investors will not understand it anyways. Brief concise and straight to the point.

Bad Sign:

1. Spelling mistakes - If I found some spelling or grammar mistakes, I tend to stay away because it doesn't look professional. They are asking investors to pour money on them and yet they can't even proof read their paper
2. No teams mentioned. - very shady to me

burner2014

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In whitepaper, you can see their the team behind it and it is the most important thing inside it, we need to see who were the team was, what are their objectives in it, their probable solutions and many more, so you have to explore and do research about the team behind it as it is the most important part of it.

Coin12

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Quote from: ameliana on January 09, 2018, 04:10:38 AM

I think with the whitepaper simplify and clarify the development of a project. Because without the whitepaper the project is less complete.

Yes whitepaper is very important in any project and without whitepaper the project is like die.
But though the project has whitepaper, its not guarantee whether the project os good or not. Need more deep research.

Lumada

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Quote from: TheUltraElite on January 12, 2018, 02:28:48 AM

Quote from: thil87 on January 12, 2018, 01:34:38 AM

A good whitepaper should be concise. It should clearly reveal the problem its trying to solve and why their solutions works in believable terms.

I would not say so. A good whitepaper for me at least is something that explains the current problems at hand along with the solutions that the startup is going to provide in order to combat those problems.

However an extremely technical whitepaper is generally a no - no for me. I get turned down by too much of technical jargon and most whitepapers try to keep it to a minimum otherwise there is a separate "technical whitepaper".

However a badly written whitepaper or a rushed whitepaper is a bad mark for the project.

Those rush whitepaper that has plenty of typos and has many unanswered questions or hangs in sentences that we should really avoid joining with and a good whitepaper for me is less page yet can vividly be viewed their ideas.

hermae

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Quote from: TheUltraElite on January 12, 2018, 02:28:48 AM

Quote from: thil87 on January 12, 2018, 01:34:38 AM

A good whitepaper should be concise. It should clearly reveal the problem its trying to solve and why their solutions works in believable terms.

I would not say so. A good whitepaper for me at least is something that explains the current problems at hand along with the solutions that the startup is going to provide in order to combat those problems.

However an extremely technical whitepaper is generally a no - no for me. I get turned down by too much of technical jargon and most whitepapers try to keep it to a minimum otherwise there is a separate "technical whitepaper".

However a badly written whitepaper or a rushed whitepaper is a bad mark for the project.

I believe a good whitepaper states their aim or goal. They have to state the problem and come up with a good solution to convince investors to invest in their projects. It also has to be realistic and not just for the show.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: thil87 on January 12, 2018, 01:34:38 AM

A good whitepaper should be concise. It should clearly reveal the problem its trying to solve and why their solutions works in believable terms.

I would not say so. A good whitepaper for me at least is something that explains the current problems at hand along with the solutions that the startup is going to provide in order to combat those problems.

However an extremely technical whitepaper is generally a no - no for me. I get turned down by too much of technical jargon and most whitepapers try to keep it to a minimum otherwise there is a separate "technical whitepaper".

However a badly written whitepaper or a rushed whitepaper is a bad mark for the project.

BlockEye

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Quote from: ihaveaquestion on January 12, 2018, 01:24:53 AM

Quote from: Jling1007 on January 09, 2018, 03:29:21 AM

Question for everyone, what are the signs of a good whitepaper and also signs of a bad one.

They have to be very studied at the beggining.. the WP is one of the most important things of an ico, if it has been writen by a 15 years old guy, the entire ICO is going to be the biggest shit that has been created so far.
So for me, if they have a great design and a good proper language, it is a good one.

Whitepaper being the eye for the investors whether to invest or not must be detailed and in accordance to their goal and organization, does it indicate the growth and process of the project. It should be clear to understand and to read as well. It should explain the good return of investment. That's why many preferred to invest on trusted companies or organizations, those who have already a product to lessen their time to read set of pages of whitepaper. But they should still read it to not miss out any detailed to not regret investing at the end.

thil87

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A good whitepaper should be concise. It should clearly reveal the problem its trying to solve and why their solutions works in believable terms.

piloder

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Whitepaper should provide detail information about the project and how ico investors will be benefited by it in both short and long term.

Also it should describe why they are different than other similar platform and how they can easily get ahead of their competitor.

Rather than whitepaper project behind it is important because if project can't make any profit when they will start their operation they can't complete what they have promised in the whitepaper.

Try to look for projects that have realistic claims and complete roadmap of development for at least next 12 months.

ihaveaquestion

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Quote from: Jling1007 on January 09, 2018, 03:29:21 AM

Question for everyone, what are the signs of a good whitepaper and also signs of a bad one.

They have to be very studied at the beggining.. the WP is one of the most important things of an ico, if it has been writen by a 15 years old guy, the entire ICO is going to be the biggest shit that has been created so far.
So for me, if they have a great design and a good proper language, it is a good one.

Tynovten_

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from whitepaper you can see what's necessary and completeness of the project. Maybe problem and solution, roadmap and team with completeness i think that's all base to judge.

SHAWN-MIDWAYS

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A whitepaper is basically supposed to be used to introduce a company to its potential investors what its capable of doing but the problem with some of these whitepapes is they are exaggerated to the point that the writers of these also seem to only get ideas from existing projects.

serjent05

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Quote from: Jling1007 on January 09, 2018, 03:29:21 AM

Question for everyone, what are the signs of a good whitepaper and also signs of a bad one.

I beleive a sign of a good whitepaper defines the detailed roadmap of the project. Aside from that it also clarifies lots of concerns if there is an upcoming ICO for the said project. It has the the proposal plans, the problem it addressed, how it solves the project, the team and their portfolio and experiences, the question and answer and the location of the company or group office that proposed that project.

BtcBling

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Quote from: Jling1007 on January 09, 2018, 03:29:21 AM

Question for everyone, what are the signs of a good whitepaper and also signs of a bad one.

You may know good white paper if it shows what they want to accomplish, informing the public of their project, why they believe their product is needed, it has a roadmap, and what is the methods they need to use in order to meet their goals.

ameliana

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I think with the whitepaper simplify and clarify the development of a project. Because without the whitepaper the project is less complete.

dbutp

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Streamity Decentralized cryptocurrency exchange

As far as I'm known , the whitepaper is just for developers to introduce to their project. That's like a document for reference, not realistic fact.

Jling1007

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Question for everyone, what are the signs of a good whitepaper and also signs of a bad one.

Topic: Pros and cons of whitepapers - page 5. (Read 626 times)