Topic: What has become of the whitepaper document - page 4. (Read 541 times)
Yes I'm tired of going through countless whitepapers to fish out the good projects and I've even seen few that copied from other projects ,we need to be more careful there are too many fake projects nowadays
It all depends on the development team in my opinion, before reading the whitepaper I always see the development team, whether the project team is strong enough to run this project or they are just a scammer hiding behind this project. So always analyze the project before following it, be a smart people
The whitepaper and roadmap are important tools of any project
But gone are the days of their reliability; because it does not determine whether a project is worth investing or not
As an investor; you have to look beyond the whitepaper doc and roadmap
But gone are the days of their reliability; because it does not determine whether a project is worth investing or not
As an investor; you have to look beyond the whitepaper doc and roadmap
A good investors would always use white paper as a tool to know more about the the project. Most times, the whitepaper gives clue on the questions to ask the team of the project and could help to know their intentions.
This is why every good white paper must have a disclaimer.
This is why every good white paper must have a disclaimer.
it is very important to read white paper in an ico project because on white paper all there is about the vision and mission of the project so that investors are more confident to invest.
WP and road map is only one thing we have to look at when doing our research. Fancy WP does not mean anything if they do not deliver on their promises. Still, it contains many important information about the project goals and vision.
Whitepaper is now use by those scammers to attract investors and fall for their tricks so don't just rely on the Whitepaper but also check the background of team members and if they are capable of bringing the idea into life.
Whitepaper and road mad are nice and good things for a project. They tell you what is to be expected of in project especially if you are an investor. But then scam issues sprung up, recognizing the power and influence of whitepaper and road, came in and capitalised on it to defraud a lot of investors
And now it becomes difficult to trust whitepaper and road map, but it wasn't like that from the beginning.
The solution I presume now; let’s take whitepaper to tell us what the project devs aim to achieve; don’t use whitepaper as a reason for investment.
And now it becomes difficult to trust whitepaper and road map, but it wasn't like that from the beginning.
The solution I presume now; let’s take whitepaper to tell us what the project devs aim to achieve; don’t use whitepaper as a reason for investment.
Lots of white paper for some projects are just copy and paste thereby making it look like a scam from the developers of projects gone are those days whereby white paper says a lot about a project but seriously as for now they are just crap they don't follow the white papers because it's copy and paste
This has become the order of the day where projects provide measurable and admirable whitepaper with good prospect and development but they end up as runaway scam or don’t develop the project
Which is why investors has too look beyond whitepaper and do more research
Which is why investors has too look beyond whitepaper and do more research
Very correct. Many projects can create an outstanding well-written whitepaper but the truth is, there's really nothing in it. Just to attract users. So a smart investor knows that he should study beyond wp, look for other facts related to the project. Check for the viability of their project or if they have working product, much better.
I may be a bit orthodox, but I see a White Paper document as a strictly technical document describing a protocol or presenting a solution for a problem (and scientifically proving it), using a rigorous formatting simmilar to an achademic thesis. Far different from most of the "White Papers" made by many projects there, which are on reality just a shiny slides show converted on PDF trying to sell their idea (and product, of course).
Road maps and whitepapers now aren't really the basis if the project is good or not. Yes, they were different from the beginning and those really are a big deal for the projects that were selling themselves. But now, we're on the different scenario and most of these aren't really good enough to convince most of the investors. Investors now are looking if the project does really have plan to continue its proposal and real usage so that they can have that assessment, these kind of projects can stay longer.
it is now generally difficult to build on any factors when we studying a project. now even a technical document cannot indicate that the project will not be a scam
I do not think that we should blame whitepapers or roadmaps for scams because it generally depends on the intentions of the persons behind the project for example we have seen vast numbers of mining ico scams where it was easy to scam investors by putting up attractive monthly returns figures and luring innocent people in hope of lifetime passive income. I do not think there is an easy way out we just have to be more and more vigilant before investing in an ico.
It is getting very difficult to analyses a project now, most of these scam have studied the space, understand what investors are looking for and his under all these fancy talk, white-paper, road-map, Advisors, Partnership etc to sway investors to invest in their project and when they have your money, nothing is heard from them. We need to look a the team capacity to deliver on their promises when analyzing ICO project
At least by going through the whitepaper, one will be able to know the intention of the team about the project and thd capacity of the team but one need to do more than that. One needs to do more findings about the core team and read expert review about the project .
Whitepaper and road mad are nice and good things for a project. They tell you what is to be expected of in project especially if you are an investor. But then scam issues sprung up, recognizing the power and influence of whitepaper and road, came in and capitalised on it to defraud a lot of investors
And now it becomes difficult to trust whitepaper and road map, but it wasn't like that from the beginning.
The solution I presume now; let’s take whitepaper to tell us what the project devs aim to achieve; don’t use whitepaper as a reason for investment.
And now it becomes difficult to trust whitepaper and road map, but it wasn't like that from the beginning.
The solution I presume now; let’s take whitepaper to tell us what the project devs aim to achieve; don’t use whitepaper as a reason for investment.
I think just fraudsters are developing. They already lack a simple website and ads. Now investors are considering all the details very carefully. That means they have to do the paperwork well. That is why the situation is now.
It is necessary to study more information about the project, so as not to be deceived. Get acquainted not only with white paper, but with the team in particular: find them in popular networks, ask them questions directly. Look how well the site is made. Check the code of the token, coin, smart contract, the development of code. These points will answer the most important question about investment.
White ketas is also important for a project because it is written in the initial white paper and future goals, but first it was very necessary for investors but for now it is not really believed because many failed the ICO.
The whitepaper is only for complementary purposes. how good the whitepaper was when the project was released, in the end after the ICO was finished no one cared about it. maybe you disagree about this, but in reality no one reads the whitepaper after the project is finished with ico and the token listing on the market. because everyone is only interested in prices and speculation. no one really cares about what the project will do.
The whitepaper and roadmap are important, but we can't judge the project is good or not only from these two things.
many scam projects that have a whitepaper are very good, all the explanations that are there are really real. but in the end it never existed. so we shouldn't be easily affected by this.
many scam projects that have a whitepaper are very good, all the explanations that are there are really real. but in the end it never existed. so we shouldn't be easily affected by this.
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