Red Flags on whitepapers | Bitcointalksearch.org

sgenuine

full member

Activity: 854

Merit: 103

Quote from: Jling1007 on January 13, 2018, 02:36:01 AM

What are some red flags to look for on icos whitepapers and just overall project?

I watch with the biggest attention on the information in whitepaper about the team of the project. After I have got the names I just literally digging data about them in all accessible social media. It give me confidence that the project is real.

oscarrsm

full member

Activity: 322

Merit: 101

For me red flags are very important when choosing ICO. Not a good team without links to real profiles in social networks, a lot of nebula and no specifics in white paper. There are no known people or companies that support the project. And, if I doubt, I'm looking at pre-sale. Still looking for information in the Internet. If there is little or no information. That I'm not risking.

Genrix

member

Activity: 630

Merit: 10

The biggest redflag is guarantee of future price increase. So, such speculation absolutely foolish,don't believe them
Another point is team , for instance if team doesn't consist with strong programmers and there are a lot of managerial positions,that's not so credible

DosManos

full member

Activity: 224

Merit: 100

1 red flag is copy paste + not saying that there is a copy paste
other red flag is making things look too complex in purpose

lakimens

full member

Activity: 392

Merit: 101

PVxYGaa1UZM6oDqW3ZKe4Esi18DgwBpDkr

I'll tell you one thing, at the start, whitepaper, working product, good team, nothing matters. A good road map and some marketing can do wonders, if it sounds good on paper, people will just hype it to the top. Most people don't read the whitepapers, just the front page.

tommydavis45

newbie

Activity: 116

Merit: 0

Buzzwords with no substance, only appearing 2 months before the ICO, week team with advisors that have nothing to do with cryptocurrency, dodging of numbers in the white paper, claiming growth of their coin.

I think all those things are red flags and I am sure there are many more, that's all I can pull off the top of my head.

kueyen

member

Activity: 140

Merit: 10

Throwing too many buzzwords around has been a red flag for me many times. Most whitepapers concentrate on what they are trying to solve, using fancy expressions and buzzwords, but don't mention how they want to do it at all. You have to read between the lines to determine whether the dev team really has a properly working product in mind.

Jling1007

newbie

Activity: 11

Merit: 0

What are some red flags to look for on icos whitepapers and just overall project?

Topic: Red Flags on whitepapers (Read 157 times)