Topic: Reading Whitepapers - page 29. (Read 23803 times)
Reading whitepaper give you indept knowledge about a project . You know what the project is about like the problem they are solving , team knowledge on blockchain and smart contract etc . You know about the token sale and many more
I would like to change the 'reading' word with "studying", if you are serious about some ico or some coin or token which you want to hold for long term you should study the white paper, carefully, see how good is the project, even grammar is important in my view it shows how good they are at introducing their product, it would take some while especially if you are not a native English speaker but the best source of gathering information.
Despite the fact that many people read the official documents, we still fall into the trap of scammers. I think that even when investing, you should simply diversify your risks. Invest in several projects that you think are promising.
all the important information is already in the whitepaper, well it's about ICO and all the technology that exists therein. but many are juxtaposed does not accidentally open the whitepaper being lazy to read. in the end, they complain if what they're working on could not be successful. whitepaper this is important but it is so often forgotten.
I am not sure that people even read it, what a pity. After investing in crypto, they decide to ask some questions and complaining about prices.
If you are researching a platform itself, a whitepaper can be a good source. Before invest, you have to read it carefully.
If you are researching a platform itself, a whitepaper can be a good source. Before invest, you have to read it carefully.
I myself also always made the effort to read whitepapper first before joining in an ICO project. I choose projects that I like, then I learned whitepappernya. and this is the important part. Because of all the project-related information is present in whitepapper. In addition to whitepapper, maybe you can also read the website, or the project of ANN treath you want to follow.
I really like the Ethereum whitepaper Vitalik Buterin was 19 when he wrote it, and yet it's a masterpiece. It's crude - only one step up from ASCII - but as soon as you read the "Examples of what contracts can do" section, that's the moment of "holy crap, this is powerful." And very important, a whitepaper without marketing
yes, I agree with you, reading whitepapers is a very important thing, especially before participating in an ico or bounty campaign, because the management team includes important information in the whitepaper, If the team has not put the effort in documenting what their goals, vision, and revenue or bounty model is, then they don’t really care about their business
reading whitepapers is a great source of information for new people to the cryptospace, alot of these concepts seem very not needed sometimes I recommend you new folks to read Mybit whitepaper it will definetely open your eyes to a few pockets of the blockchains usage with certain sectors of the cryptosphere.
Anybody else has a couple of informative whitepapers, that opened your eyes to a certain technology or undervalued market or just good information?
Im about to read deeponion's!
Anybody else has a couple of informative whitepapers, that opened your eyes to a certain technology or undervalued market or just good information?
Im about to read deeponion's!
For seek for a project, the first thing I do is "study WhitePaper". There, you can find necessary information about the project: idea, team, prototype, token Sale, roadmap...
reading whitepapers is a great source of information for new people to the cryptospace, alot of these concepts seem very not needed sometimes I recommend you new folks to read Mybit whitepaper it will definetely open your eyes to a few pockets of the blockchains usage with certain sectors of the cryptosphere.
Anybody else has a couple of informative whitepapers, that opened your eyes to a certain technology or undervalued market or just good information?
Im about to read deeponion's!
In reading the whitepaper here we get information on their project. These include the details of their proposed project that will help us to study what they offer. I think it's not just what we should study, we also have to know about blockchain and crypto. Because we also find it difficult to understand the content of the whitepaper if we do not have enough knowledge of blockchain and cryptocurrency because there are whitepapers that are difficult to understand and very complicated. Anybody else has a couple of informative whitepapers, that opened your eyes to a certain technology or undervalued market or just good information?
Im about to read deeponion's!
first of all you need to have some basic understanding of the blockchain technology and have been around the technical aspect of it all to read the whitepapers and really understand them.
secondly it depends on your goals. if you are just in it for trading (an investment to make money) which is the case for most people, then reading whitepapers is a total waste of time!
So if you said read whitepaper is wasting time so what do you suggest to do before investing in project? Just jump? I dont think read whitepaper is not important. All the information about project is there so without knowledge about project, then invest in it is just like throwing money to gamble. secondly it depends on your goals. if you are just in it for trading (an investment to make money) which is the case for most people, then reading whitepapers is a total waste of time!
The only way to get acquainted with the project, to find out its essence, the problem that it solves, the solutions are to study the whitepaper.Often, scam project can be found immediately on a whitepaper!
What you said above is true but many investors dont even read the whitepaper. This lack of knowledge to project make loss to them because without knowing what really the project is but they just invest to them. Actually whitepaper is important but not more important than team. Teams take the right in their project.
For me it is important to read the whitepaper for you to understand what their project us all about and to understand what their goal is all about. If you do not read their whitepaper it will be difficult for you to know if their project is being processed if not then their project is a scam that is why it is very important to read some of the imformation about their project to know what is their project main goal. After reading the whitepaper you should read their website also so that you can read the other information about their project.
You can learn a lot about a project just by looking at the whitepaper.
In summary, a good whitepaper: Gets the point across, does not market, describes attacks against the cryptocurrency, and how they are countered, describes the mathematics and cryptography adequately and technically
And a bad whitepaper: looks like a PowerPoint presentation, doesn't describe the mathematics, lacks references, tries to cover for a lack of innovation.
In summary, a good whitepaper: Gets the point across, does not market, describes attacks against the cryptocurrency, and how they are countered, describes the mathematics and cryptography adequately and technically
And a bad whitepaper: looks like a PowerPoint presentation, doesn't describe the mathematics, lacks references, tries to cover for a lack of innovation.
I highly suggest you to read the IOTA whitepaper. Unlike Bitcoin's, it's highly elaborate, jam-packed with advanced mathematics and cryptography. In this way, it goes in a vastly different direction than the Bitcoin whitepaper, but it is also a great sign for the cryptocurrency itself. This whitepaper was not designed to market the coin. It was designed to describe everything the currency can do. My favorite part of the whitepaper has to be the deeply detailed "Attacks" section, which describes several possible attacks against the network, and how they are countered. This is a CRUCIAL part of any whitepaper, and IOTA does it beautifully.
Reading the whitepaper is a MUST for ICO investors. I personally read it to gain knowledge about the ICO and to know how serious they are on the project. A well written whitepaper says a lot about the team behind it. Copy paste whitepaper is most likely a scam and the only way to know that its a copy-paste is to read as many whitepaper and get used to it. Plagiarism will never be done on the legit campaigns.
Many people or potential investors honestly does not read the whitepaper of ico's. All they do is look for some hype ico's just to find out in the end that it was all a scam. Whitepaper I believe is the most important thing in every ico's. I lnow reading the whitepaper can be boring but trist me it helps you understand more about the ico's and it helps you determine wether this ico is worth to invest in or not.
When an ICO has no whitepaper, I believe there will be no investor, it will be called scam if the ico didn't provide whitepaper. It is important for the ico to have a whitepaper because all the detailed information regarding the token in ico are listed on the whitepaper, includes the team composition, the roadmap, token structure and many more.
I think it's better for beginners to start with the analysis of projects on YouTube or blogs already knowing people do not believe all the information they are trying to show,but listening to their opinion.
I agree, for a full analysis of the company is worth reading whitpaper, where you can learn more about the project and understand whether it is worth investing at all
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