Topic: Thoughs on why ICO should have a white paper. (Read 390 times)
Whole description of the project, its concept should be reflected somewhere, so the whitepaper is the document providing information, which is necessary for investment.
White paper is mostly being attached on every bounty campaign, and it would also attract to every people who wants to join on their business projects, and it was stated there on white paper on how their project really good by way of reading and accessing on white paper we can notice how really the bounty campaign having a good project.
I'm a bounty hunter and always read the white paper of the project that I'm going to promote.
Of course, a white paper is needed because investors need to understand the ICO projects they invest in. A white paper can reveal a lot of useful information.
Like what, i feel reading those won't help. But of course it will (because it's there), but i'm wondering how useful information that whitepaper hold. As a member who joins bounty, will the time i read through those be worth it? I mean, i just try to join the bounty as long as ICObench gave a high score to it and the short description of the project is plausible at the same time interesting (could be a potential boom in the market).
Should have a document with answers to all related questions, its like a passport for the project.. Be careful and don't mess If they ICO even don't have a whitepaper
Of course, a white paper is needed because investors need to understand the ICO projects they invest in. A white paper can reveal a lot of useful information.
For me the reason is obvious - to explain in paper what did they do, and what they (devs) want to achieve, or acomplish.
How many of you have actually read even a single white paper? Not many? But still every ICO has them. Why?
Read whole article here:
https://medium.com/@filip.poutintsev/why-do-you-need-a-white-paper-65db3ac2e483
First of all, not every ICO has a whitepaper, but surely if this is the case, it is better to stay away from the project. As for whitepapers, I don't read them, but I do skim them to get the main plot, sort of. Understanding the details of how icos work is mainly too hard for me, as I am not even a programmer. Oh. and the article on Medium explains that they are written in such a complicated manner on purpose. Read whole article here:
https://medium.com/@filip.poutintsev/why-do-you-need-a-white-paper-65db3ac2e483
I think that diving into the details of the whitepaper is not only hard, but also useless, since most of people will or will not invest in the project without this knowledge, so you knowing more than top investors wouldn't be of much help with analyzing the project's economic potential.
Why are people linking their own articles and self promoting, is this even acceptable. As for people not reading whitepaper, how and on what basis do you assume it to be so. I think whitepapers are essential because they become the mouthpiece of any ico.
White papers are are the most important part of any project one might be interested in investing in. They are a rich source of information, almost every detail on the ICO Project, form the plan to the development team is contained in the white paper, an ICO without a properly presented white paper is as good as failed
How many of you have actually read even a single white paper? Not many? But still every ICO has them. Why?
Read whole article here:
https://medium.com/@filip.poutintsev/why-do-you-need-a-white-paper-65db3ac2e483
Read whole article here:
https://medium.com/@filip.poutintsev/why-do-you-need-a-white-paper-65db3ac2e483
Yes I agree ICO need the white paper to give some real value. Normal people don't read it but real investors do. They analyse it and the look for every red flag that they can spot. It is great tool for finding a good ico.
I think white paper is the most important part of any ICO, because there are rules and procedures contained to follow ICO, someone will get lost if you do not read the white paper and cause failure in ICO.
All of the ICOs should have their own whitepapers,because it tells the whole story by just reading it,the whole project's future will be in the whitepaper,technically those ICOs which has good whitepaper has more chances of success than those ICOs which has poor ICOs because most of the investors wont invest to those ICOs which has poor writen whitepapaers.
it is in white documents that the founders of block projects try to convey the essence of their efforts to the target audience. This format is best suited to tell a wide audience about something new, complex and not entirely understandable. But I do not always learn white paper before buying coins.
In the White paper studied the project information and justification of output on ICO. What ensures future profits for investors? Detailed business plan of the project and necessary technical details. Less buzzwords, more numbers.
Well I think without Whitepaper we can see more scams more than even now I guess, because now Whitepaper is like a business plan. Without white paper ICO can do anything because you can't say what is right and what is wrong. There are road map on WP and you can check does team do their work properly or not. People say "on their whitepaper" It's like when you're going for some place but don't know where are you going? It's a nightmare for a traveler here is the same just in crypto.
Yes,every single ICO should have good whitepaper or the ICO wont have success,because it tells everything about the project as the investors are looking from redflags these ICOs are going to fail as soon as these investors find out theres something wrong in the whitepaper even if the team is legit or the project itself,it is critical to most of the invetors.
It's a very interesting question, but most likely it is necessary for investors to clearly understand what this project will do at all and what it is doing now, what the project aims at and how it looks at the problem, a lot of useful things are written in white paper, but more often just a scam.
How many of you have actually read even a single white paper? Not many? But still every ICO has them. Why?
Read whole article here:
https://medium.com/@filip.poutintsev/why-do-you-need-a-white-paper-65db3ac2e483
thank you for the article.Read whole article here:
https://medium.com/@filip.poutintsev/why-do-you-need-a-white-paper-65db3ac2e483
I did not read the white paper oftenly, but I think it's still very important.
cause white paper contain detail information about the project, for anyone who want to invest sireously.
Of course,ICOs should have good whitepaper because it tells the whole story iof each project,the vision and its potential poor whitepaper will result into poor investments if you arent reading whitepapers and you dont understand what you should have you arent going to have successful ICO investments as whitepaper is the most important thing that an iCO should have.
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