Author

Topic: Whitepaper alone is not enough to make you invest in an ICO (Read 1653 times)

member
Activity: 294
Merit: 10
Fast, Smart, Trustworthy
Reading the white paper is an important step in investing in the project, and I will also observe the team and partners, I think this is also very important, if the project has a strong partner can directly increase the success rate of the project!
copper member
Activity: 280
Merit: 0
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?
These days it is incredibly rare to find an ICO with a product but this is what we need. An idea is not enough anymore. FOr an ICO with a functioning product click below  Wink
sr. member
Activity: 756
Merit: 250
with the whitepaper will at least help to clarify about the ICO that runs are viable and do not. but many are ignoring it because of reading too many reasons. but perhaps even about a scam can be known through this and certainly quite risky if ignoring this kind of whitepaper. It's not just about the ICO information can be obtained, but more than other knowledge that can be drawn from the whitepaper.
member
Activity: 378
Merit: 19
You have to check 9 pages in Organicco WP: https://organicco.uk/content/site/Organicco_whitepaper_R8sm.pdf
WP is not important if project has company and partners around the world Smiley
member
Activity: 392
Merit: 38
A whitepaper is just one way to learn and know what the project is all about, the platform, roadmap, and team of developers but that's not the real basis for a successful project. A lot of full information whitepaper project but at the end not successful for several reasons such as the intention is to scam people, hype whitepaper, the core developers abandoned the project, no investors, inactivities on social media, and many more reasons.

Better to add more research about each member of the team, look at their background and reputation if they really are experts and trusted individuals with good track of records, consider the projected usage if a long term or short term usability, what is the problem the project will solve in the future? How about the activeness of the team updating every day on social media, look at the transparency of the team and its development must be shown on their weekly reports, who are their partner companies?

Those are just a few ways to determine how trusted the project is and basis if it will be a successful project in the future.
sr. member
Activity: 770
Merit: 250
That is indeed true, we can't just blindly believe on the whitepaper itself when we wish to invest in an ICO.
We need to check on another aspect, since there are many scam project lurking around the cryptocurrency world.
full member
Activity: 1366
Merit: 107
SOL.BIOKRIPT.COM
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?
Yes i agree to find good ICO to invest we need to considered all factors before we decide to invest not only reading the whitepapers. Deep understanding about the project will help us to find good ICO's and make sure we do our own research complete before investing in ICO's.
sr. member
Activity: 588
Merit: 250
The Development Team is the core of all that, because with the Development Team, the ICO's vision and mission will continue to be renewed in the future.
For money, it can also be an obstacle, but with an experienced development team, like Vitalik Buterin being an Advisor, investors will come to the ICO.
sr. member
Activity: 798
Merit: 251
there are legit projects without whitepaper and also legit projects with whitepapers. it all depends on how the project can make the investors interested to join. but it would be better if a project had a whitepaper because it would make it easier for investors to understand the project to be followed. but I think everyone has a different assessment in choosing a project.
full member
Activity: 588
Merit: 104
yes of course. whitepaper is only one of the factors for investing an ico. there are even more important factors than whitepapers. for example team, advisors and partnerships are much more important because hype of the project usually depends on them.
jr. member
Activity: 126
Merit: 1
The whitepaper gives you an overall idea and it tells you how well the project has been thought off. But, no, you can't solely depend on it. An ICO's best factor is its team and how well they support their project. A good team behind a project is always proactive and tries to market the real benefits and long term benefits. They connect with the investors. That's the most important part. Plus you can always look for past reviews and projects done under such teams to determine if they are fake or fraudsters.
member
Activity: 168
Merit: 10
I believe the main advantage of ICO for investors is that even non-professional investors with a small budget can find a good object for investment. And while making profits much faster than with an IPO.
member
Activity: 378
Merit: 10
For me, the content of a white paper does not mean anything. The paper can tolerate all. The real intentions of the team can be very different from the content of white paper. It is important to understand the essence of the project itself, how much it is implemented. Plus, you need to know the team, as well as possible. Otherwise, I will not invest in the project.
newbie
Activity: 103
Merit: 0
Extremely true. A whitepaper alone is not enough to determine whether or not a project is a good one, and would most likely survive. There are more to a successful project than a really good and convincing whitepaper. The way the market audience accepts the project is another factor that greatly influences its success rates, and then, there are other factors too, and all of these I would consider, before choosing to invest in the ICO.
newbie
Activity: 68
Merit: 0
It is totally not a safe idea to just read whitepaper and believe everything you read on it. I have studied several whitepaper of different projects that were never executed at the end.
newbie
Activity: 84
Merit: 0
The white paper can only be used as a reference for this project. Whether this project is valuable or not has many issues worthy of attention. The white paper is only part of attracting investors. No one can see the future of the project. Therefore, investment is risky and has luck.
full member
Activity: 518
Merit: 101
Yes, because whitepaper are just words written in there regarding their mission and vision that needs to be DONE by the people or the team behind the ICO. Therefore, it's best when you check first the team that comprises behind the ICO and investigate whether these group of men and women are legit by checking their personal background, their experiences in the field of crypto and business.
full member
Activity: 244
Merit: 101
The data which we see in the whitepaper doesn't provide for enough inspiration with contribute for a ICO motivation behind continuously creatures that the vast majority whitepaper hold numerous data over the one task Also not news around how moguls camwood make more money through those help from claiming that project. Some times the majority of the data gotten from bloggers are additional preferable over that of the whitepaper.
newbie
Activity: 126
Merit: 0
Sure. When i see the ICOs, i'll see their websites first. I see all informations about what the business they are, who are in the team,... After that, i'll see the white-paper.
copper member
Activity: 266
Merit: 0
A whitepaper alone should never be the reason to invest in an ico. Even i've learned that already. You should still find out more about the ico. A whitepaper is a good source of information, but should not be the only reason.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
that's right, because just reading the whitepaper doesn't determine the exchange rate in the market. whereas when we want to invest is to see the exchange rate first to see the potential that can grow. when reading the whitepaper, the important point is the pre-sale time. then see the potential for the token to grow.
hero member
Activity: 1008
Merit: 501
I usually look at the whitepaper and see the investors on that ICO. If they have many companies investing in their ICO then their chances of success are huge.
Do not just rely on the whitepaper because it's easy to copy and when I read the whitepaper of 10 projects then 10 projects that look great but 9 projects are scam
newbie
Activity: 3
Merit: 0
The team, as well as the ability for the project/company to generate revenue, and in what time frame, is an important question to ask. An existing company, for example, which is implementing a blockchain or crypto project may be something to look out for.
member
Activity: 532
Merit: 10
My opinion is whitepaper is not more all of reason have to invest at the ico project, I will check how much interested of the ico project looking by investor. I want to know how many investor have joined their ico and how the progress of ico on private sale.
newbie
Activity: 126
Merit: 0
This is definitely true. Most times, I feel sorry for people who think that just because they have read a project's whitepaper and it sounds convincing, and a pretty good one, they can go ahead to invest in it. It takes more than just a good whitepaper to make an ICO successful. Even the scams these days comes up with better whitepapers, and anyone can easily put up one. So be careful, and look up for other things before making investments.
sr. member
Activity: 686
Merit: 250
What are your thoughts?
Of course, white paper is very important, but it's not the most important thing. It is necessary to evaluate the idea of the project and its team, as well as the work they have done.
full member
Activity: 350
Merit: 100
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?

Is the profile of the perfect team more important even though the vision and mission of a project does not make sense? I think both are important and you can't ignore them. and in fact, we can see the vision and mission of a project in the white paper.

sr. member
Activity: 980
Merit: 294
a lot of things to consider besides the whitepaper. analysis and consideration not only of the whitepaper only. the team and a lot of things more important to watch out for. Although it is indeed important the whitepaper still will not be able to generate fully confidence for investors.
Whitepaper is not represent all of the idea and it can be changed anytime. Basically to determine how good that crypto is based on the whitepaper is the worst idea ever I seen. If you are seeing only from their proposal and concept and that I believe that will not give you a lot of accuracy.
It can be made to be that this is such how good are their projects i , i mean it can be cheated on what they have to tell on their project so if you are looking and see only for the whitepaper try to look for another way of it.

Apparently, yes, because even a scam project hide in their looks-legit-whitepaper just to attract investors. So it's really hard to distinguish at first especially if you're just new. Of course, every aspect should be looking at, and the team is very vital here as they're the one who make the project successful that's why it's better to google first their name and be a detective because some team have photoshopped their faces so they can have an exit plan afterwards.

Reality hits us so hard now, that the money is the root of all evil so be at least skeptical in everything besides it's better to be it than concluding easily, after all our hard earned money deserves a good investment.
member
Activity: 473
Merit: 11
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?

in choosing ico, indeed we should not depend on one side only, there are still many aspects that must be considered so as not to regret later on / when listing.

Because after all this also concerns the money / assets that we have, investigating the team further is also the right step to avoid unwanted things
jr. member
Activity: 350
Merit: 1
Yeah, there are many factors which you should take into account. You also should know ererything about the team, their experience in the crypto sphere, etc.
sr. member
Activity: 424
Merit: 250
I fully agree with the author of the topic. It is impossible to judge the project only by its document.
newbie
Activity: 67
Merit: 0
When a new project or ICO project arrives, all of it is known through the whitepaper. But along with their purpose, you need to discuss with the team for knowing the purpose of the project and the probability of profit.
full member
Activity: 364
Merit: 100
a lot of things to consider besides the whitepaper. analysis and consideration not only of the whitepaper only. the team and a lot of things more important to watch out for. Although it is indeed important the whitepaper still will not be able to generate fully confidence for investors.
Whitepaper is not represent all of the idea and it can be changed anytime. Basically to determine how good that crypto is based on the whitepaper is the worst idea ever I seen. If you are seeing only from their proposal and concept and that I believe that will not give you a lot of accuracy.
It can be made to be that this is such how good are their projects i , i mean it can be cheated on what they have to tell on their project so if you are looking and see only for the whitepaper try to look for another way of it.
newbie
Activity: 56
Merit: 0
As I know the most important document of ico is the white paper.I agree with you that white paper is written properly but to understand this you have to ha a clear knowledge about it. So gather knowledge for proper use of white paper.
newbie
Activity: 56
Merit: 0
i think if you make profit by investing in ICO you should justify before invest. it will make more profit for you. white paper are essential resource for study to get more information. i think you are right. i'm agree with you.
member
Activity: 284
Merit: 10
Every ICO has a whitepaper.  Means nothing
member
Activity: 840
Merit: 40
The whitepaper is only one part of ICO which reflect the implimententation plan of the project and many other factors are there to study before taking part in any new ICO such as working team, cost of the project and is project can sustain in future.
member
Activity: 210
Merit: 10
W12 – Blockchain protocol
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?
you are right, whitepaper can't guarantee absolute safety. i agree with the point about researching people behind the project instead the project itself
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
a lot of things to consider besides the whitepaper. analysis and consideration not only of the whitepaper only. the team and a lot of things more important to watch out for. Although it is indeed important the whitepaper still will not be able to generate fully confidence for investors.
Whitepaper is not represent all of the idea and it can be changed anytime. Basically to determine how good that crypto is based on the whitepaper is the worst idea ever I seen. If you are seeing only from their proposal and concept and that I believe that will not give you a lot of accuracy.
newbie
Activity: 216
Merit: 0
you are right if you want to make profit you should justify before investment. if you're that it is secure and potential for investor you should invest this project. which project ICO are good it will make your profit.
newbie
Activity: 60
Merit: 0
white paper are good resource for get more information about ICO and project. everyone should justify before investment. then it will make your profit. it very good idea for a investor.
jr. member
Activity: 434
Merit: 9
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?

Whitepaper along with website is very important and must have for an ICO even if it's just in introductory phase. though I actually just browse over whitepaper and most of the time prefer to read one pager since WP seems very complicated to read and there's tech words regular people like me can't understand. I agree that looking at teams background is very important too and I personally like to checked their linkedin account to see their professional and educational background and it's important that they have more than 500 connection.
copper member
Activity: 376
Merit: 1
I quite agree, have seen a project with an amazing white paper that eventually failed, white paper can be fascinating but without a good and honest team, loyal and and reliable community and favorable market situations, White paper can only be a just a mere write up
member
Activity: 560
Merit: 22
The sum of all information regarding the project make it a project to invest in or not. That said, a bit of luck (for you and the project) is also in place. I normally don't believe in luck...but if you see what an ICO has to deal with....Smiley.

I mean, a great team, great whitepaper, great idea, great metrics, great momentum...and still some fud about it can make it all go down the drain. Even if all seemingly went well, even the ICO itself, there are no guarantees the team is able to deliver. Sometimes because of bad management, sometimes miscalculations, sometimes just experiencing some bad luck...
full member
Activity: 396
Merit: 100
Whitepaper follows me in the same way as a delicious cake but just on paper, you just look at it and imagine it to be delicious, but the main thing is just imaginary and forever you will never taste the smell. its
newbie
Activity: 67
Merit: 0
I personally pay attention to the whitepaper just after I am sure that the project's team is reliable and trustworthy, after all, in the first place you don't want to get into an scam, after that you can definitely start checking what the project is all about.
newbie
Activity: 126
Merit: 0
Beyond fancy whitepapers, the track history of the team is very important. If members of the team have been involved in any shady businesses or involved in any crime, they pose a risk already. I'll be skeptical investing in such ICO as the chances of them repeating same is very high.
newbie
Activity: 232
Merit: 0
I agree with your opinion. Of course only whitepaper is not enough to make investment. Whitepaper only show their concepts. Its important to know the background and previous activities before trust them and investment procedure.
member
Activity: 574
Merit: 12
Kuvacash.com
Right.... It' would be ignorance on the part of anyone to rely solely on whitepaper. There are people who can write very good and appealing whitepaper yet no good/genuine reasons. Its high time investors do thorough scrutiny before making any investment.
jr. member
Activity: 56
Merit: 1
I agree with your statement that only whitepaper is not enough for investment. It plays an important role of an ICO but only with a whitepaper investors can only learn about the project but not their credibility.
newbie
Activity: 294
Merit: 0
You just spoke my mind. Just only reviewing the white paper of an ICO project cannot lead anyone to invest in a project. A strong team is the driving force of any ICO that can make them profitable.
newbie
Activity: 70
Merit: 0
Yep! Whitepapers or the roadmaps make a great appeal towards investors but these are not enough to determine the credibility of any ico project. Every investor should research the ins and out before going for investment.
newbie
Activity: 261
Merit: 0
It is needed to keep an eye on the bounty related posts and threads for having more reviews related to the particular ICO project. And most important is to check the team members and their profiles.
newbie
Activity: 224
Merit: 0
Rightly so, I have seen some cleverly written white paper  with great promises but the practical aspect will be garbage, unattainable or even violates some legal requirements. We need more than that to invest
newbie
Activity: 294
Merit: 0
This is partially true. Whitepapers are there to tell you what the project is about. It is okay to dream big, but the execution is done by the team, especially if these are experts.
sr. member
Activity: 770
Merit: 250
a lot of things to consider besides the whitepaper. analysis and consideration not only of the whitepaper only. the team and a lot of things more important to watch out for. Although it is indeed important the whitepaper still will not be able to generate fully confidence for investors.
full member
Activity: 297
Merit: 100
While studying the reliability of ICO, you need to pay attention to the team, its experience, availability and reality of the roadmap. The important thing is how much the project is active in the media, transparent or something is hiding.
newbie
Activity: 238
Merit: 0
The whitepaper is a part of your analysis. It's only one important piece from many pieces that you are looking for when you doing your analysis for any project.
newbie
Activity: 126
Merit: 0
I never trust white papers. They very rarely have any influence on the development of the project after the ICO. The white paper is secondary. I think the primary team of developers who are engaged in the development of the project. This is very important.
member
Activity: 392
Merit: 38
Of course!

Never rely on a single source of information, it's just like earning money we should never rely on one source of income but add more.

There are more ways to consider before deciding to invest in crypto ICO. Whitepaper is a good source to understand the platform, uses of token in the future, reading all about the team, partners and rating etc. But how about the daily activities? The developments of the project? Activeness of the team? Updates of the development especially their partnership from other companies? These things must be consider before investing and risking your hard earned money.
member
Activity: 1358
Merit: 81
Completely agree with you! In fact after reading White Paper I also check profiles on LinkedIn. I like to visit the website, Social media and Telegram due to my knowledge of Web Development and Marketing in the social networks to be able to evaluate the development and strategy that the team is implementing. I see very positive when the team participates in Summits of Blockchain Experts around the world. I gather all these elements to know that I am facing a real project.
hero member
Activity: 924
Merit: 502
 Yes whitepaper alone is not enough to convince me in investing ICO, it should be accompanied with a good team developer and product that deliver something new or not had been produced in any project, to attract investors in trying something new.
full member
Activity: 672
Merit: 100
White paper is undoubtedly the main document that a project that the ICO is going to have has to have, but still it's not all, now more and more projects are trying to create alpha versions of their products that are presented to investors. It is very cool.
sr. member
Activity: 560
Merit: 250
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?

Of course white paper is the most important part of any investigation on the ICO project. therefore knowledge and experience are the main things in this industry. you must understand more, everything is a whole thing. so white paper is a bridge for developers for investors.
full member
Activity: 747
Merit: 101


If you don't understand how you can make money in the project after reading the whitepaper... that's a really bad whitepaper for me.
many times i read whitepaper only to find out that i don't understand anything written there. it only explain about how node chosen and similar boring things that investor like me don't really care about. so usually i use ico rating sites and ann thread if i want to know basic information about the tech.
i only read whitepaper for best ICO only and go all in support 100%
jr. member
Activity: 126
Merit: 1
W12 – Scam
I support. One is not enough to invest in any ICO. Pay attention to all factors: the project team and its advisors (as already mentioned above) how much they are experienced. What is the idea of the project, what are the plans and prospects for development. We need to study the site, social networks, read the forum. In general, carefully approach the study of ICO before investing your money.
jr. member
Activity: 182
Merit: 2
Yes offcourse whitepapers will tell you what the projects are upto and what changes the want to bring put that will not make you to give a project 100% trust.
newbie
Activity: 76
Merit: 0
My decision depends on several factors. This is a technical document, a project team. I will also focus on the assessments of experts and trackers. In my opinion, you need to consider all the points.
full member
Activity: 632
Merit: 122
since when a paper can guarantee us ?
even an existing project with a real product can not guarantee us anything,let alone Whitepaper.
so it's so stupid if you or somebody else follwing something because of its whitepaper alone,everything that we need to do is doing a little research about their team member.
we need to know their integrity and capability to improve the system,other than that we need to know what is other people reaction about this project.
newbie
Activity: 154
Merit: 0
Whitepaper alone isn't enough for any project. The main thing about a project is the team. I believe that, the more experienced the team is, the better the project. You also need to know about their technology as well too to know its viability
member
Activity: 260
Merit: 10
yes, the person behind it is important. yes, the person behind it is important if it's worth it, then follow it if you don't forget it. simple in my opinion but confusing maybe a little luck will help Grin.
full member
Activity: 406
Merit: 100
Hi, everybody. Of course, you can't just rely on white paper before you invest in a project. We need a detailed and clear analysis of everything related to the project, the team and their social networks, a road map and a lot of things.
sr. member
Activity: 1050
Merit: 269
I'm actually torn in two when it comes to whitepaper alone reliance.

The thinker in me would say "of course, it will be foolish to relay on an ICO's whitepaper alone" because the whitepaper is the gathering of best ideas and intentions to make the ICO quite appealing and convincing. A whitepaper nowadays are like brilliant marketing flyers. They are there to lure in investors.

I understand your concern for checking real word identities & credibility prior supporting an ICO, but then what happens to Satoshi Nakamoto whom remained a mystery till date? And be reminded that bitcoin was written in a mere 9 pages whitepaper to sell.

So my thoughts are divided, so to say and with all honesty.
full member
Activity: 532
Merit: 100
In addition to the white paper, of course there are still important points that are worth paying attention to, but I think that it is the technical description that is one of the most important facotres of the ICO.
copper member
Activity: 156
Merit: 0
Let's get lots of useful information!.
I do not only look at the white paper when I invest in an ICO project. This can be manipulated at any time. Therefore, you have to trust the facts of the CEOs, professional staff, profiles, letters, partner companies, support press, etc. And you should also be careful of whether you have a seminar or an event on the ICO project. If ICO is a scam, there is a high probability that you will not do these things, and there will be no profile pictures. Investing in these things is a very dangerous act.
member
Activity: 576
Merit: 39
Of course it's not enough, whitepaper is just an information about the specific coin , their use case and plan. So whitepaper won't make a success in ICO alone, there should be a great team who show how dedicated they are and continuously striving for the better, looking for a good partnerships and who shows a development on their project.
full member
Activity: 602
Merit: 106
whitepaper is something like formality i guess?
but, without whitepaper we don't know what they want to do with their project, so it's somewhat important although they could give us the roadmap only, but we still need what will they do in the future. in their whitepaper they shows us how bright is their future, but in the end if they can only talk and don't do anything, it's all a lie. even project with ICO that didn't go well, if they're really into the project and the community support them, they'll succeed in the market, i've seen so many ICOs like this in the past, so for me the most important thing is the support from the community and how well the team handling their project.
legendary
Activity: 2730
Merit: 1288
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?

Team is what you should first look at.  If they will take your money and run away you will have exactly zero. If they will take your money and will get themselves good salaries and lay on the beach, after few years you will have almost zero.  If they will take your money, but are incapable to do the job they plan to, then after few years you will have really little.
sr. member
Activity: 826
Merit: 252
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?


I agree with you because white paper is only guide to know about the project, read white paper only half, need another thing to understand project in big picture. Before invest we should know this is the project, we can see it from road map, developer team and another valuable information that can be use to sure I'm on the right place. See project as big picture not small mindset.
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
Exactly, we evaluate an ICO in many different forms. White paper is very important to ICO but not enough. Need to evaluate team, investor, community ... Many ICOs have good white papers but it is scam, so don't just rely on white paper
sr. member
Activity: 1442
Merit: 265
You are right team members do matter, overall one should consider all the aspects of the project closelybefore investing and he finds something suspicious or scammy he should not invest and should also post about it here so that other members can also skip that ico and save their money.
newbie
Activity: 112
Merit: 0
Well i think the best thing you need to look into before investing into cryptocurrency is there whitepapers. There whitepapers will tell you more and more about them but that's not really all you need to make a good research about that project.
member
Activity: 476
Merit: 10
The most important is the product, what is it for, what new it brings to the space. Not a single WP or a Team can
make successful a worthless product. The whitepaper is important to be analysed to understand the commercial,
technological and financial details of a new coin. We have to check the Team as well if they have enough experience
to realise what is written in WP on time according to the project Roadmap.
jr. member
Activity: 322
Merit: 1
My opinion is that the white paper is the most important document for the ICO since it is all in the whitepaper the important details of the project where people need to read and understand the content about the ICO project platform. Secondly, the investor should have to check also the team members behind the project and the project consultants. Lastly, the bounty manager that handles the project should have no red trust rating such that investors will not doubt about the ICO being a legitimate project.
newbie
Activity: 54
Merit: 0
It is risky to decide on investment in ICO based only on whitepaper. In addition to this, you have to keep in mind the idea of how the project and purpose of the ICO project.
hero member
Activity: 798
Merit: 505
The whitepaper is not the only thing you need to check before investing in an ICO.
But I will never invest in an ICO with 0 whitepaper ... so you need a whitepaper too.

Agree. Without a whitepaper then its useless. Well as my self i am not only relying on the whitepaper because if you are the investor is the whitepaper only you want be the base so that you invest on its ico? Well i should also the team how do they manage it or how do they advertise, their background and experience.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
people are focusing on things such as whitepaper because they have nothing else to rely on! an ICO has not much else for you to check out. it is a bunch of unknown people releasing something unknown and completely useless and with absolutely no real potential. so you are making a bet and as bets go you have no way of knowing what the result will be and as a gambler you cling to anything meaningless like a whitepaper as you can. to just give you some satisfaction...
legendary
Activity: 1190
Merit: 1001
The information which we see in the whitepaper does not give enough motivation to invest on an ICO reason being beings that most whitepaper contain information about the project and not news on how investors can make more cash through the help of that project. Some times the information gotten from bloggers are more preferable than that of the whitepaper

If you don't understand how you can make money in the project after reading the whitepaper... that's a really bad whitepaper for me.
full member
Activity: 378
Merit: 101
The information which we see in the whitepaper does not give enough motivation to invest on an ICO reason being beings that most whitepaper contain information about the project and not news on how investors can make more cash through the help of that project. Some times the information gotten from bloggers are more preferable than that of the whitepaper
member
Activity: 415
Merit: 10
I have been reminding some of my friends, please don't trust the contents of the white paper easily, because these contents are very exaggerated and there is no possibility of realizing them. Although they boast of hype, in fact, these are just some verbal promises. You can't predict if they will succeed.
member
Activity: 686
Merit: 10
really its not enough to get a clear view about how the project will go in future. so you have to check about team and their experience, community behind that project, marketing and partnerships with companies too.
legendary
Activity: 1190
Merit: 1001
The whitepaper is not the only thing you need to check before investing in an ICO.
But I will never invest in an ICO with 0 whitepaper ... so you need a whitepaper too.
full member
Activity: 364
Merit: 110
SPOKKZ
The Whitepaper is very important and you always need to read it carefully but it does not have much to start investing in the ICO. You need to carefully check the project team, read telegrams and reviews. After a deep analysis, you can make a decision.
member
Activity: 396
Merit: 10
Yes, you know that many white papers are plagiarized. They are not their real white papers. Many scams may not write white papers. They ask others to write or where to plagiarize. In short, investing in ICO cannot depend solely on white papers,otherwise, you will be deceived by those false white papers.
full member
Activity: 1078
Merit: 102
Good day. For me yes, whitepaper is not enough. It will be a great help to get more investors if the team are active on different social media platforms. Being active on different events and getting partnerships adds confidence for investors.
newbie
Activity: 43
Merit: 0
Yes you are right, you should not decide on investing in any ICO based based on whitepaper. Apart from this, there are many more things to know about who is managing the ICO project, how to manage, what their purpose is.
jr. member
Activity: 196
Merit: 1
I have seen so many people focusing mainly on project whitepapers, and relying solely on the information contained in the whitepaper to participate in the ICO. It is very true that the most important document of an ICO project is the whitepaper, but what you should be far more focused on is the credibility of the project team. No matter how beautiful and well written a whitepaper may be, without an experienced and vibrant team, such project is bound to fail.

The most important research you should always carry out before investing in an ICO is the profile of the team starting from the head of the team to the least person. If the project has advisors, also research their full profile and experience as well.

With all these, you will be safer than the person who only read whitepapers before investing in ICOs.

What are your thoughts?
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