That is there part of story and there work to make it look like premium but I don't see it true by any means. You should not be relied on piece of Whitepaper where everything is written down about the project, its logics, products description and much more stuff. Because this can be made so easily in one day.
What you need to look into the ICO is whether they are having working products and services or not? If they are starting from the scratch then you are taking use risk with them because you dont know whether they will end up having proper products and services at the end or not. Opposite to this, any project with working models will have higher response because they are just scaling up themselves and thus making the project bigger asset and will be legit too.
Topic: Why Always Trust Project Whitepaper? - page 3. (Read 336 times)
True. I've read many White papers that had good project ideas but did not know how to properly structure their proposal. In such case, I look st the team as unprofessional, and therefore I don't think twice about them.
It is important to know that for any project hoping to convince investors into putting their money into the project, they are going to be focused on making the project as appealing as possible which means that the project's whitepaper will surely be good so I believe you should look beyond the projects whitepaper to decide if a project is legit or not.
Always make through research of a project's team, road map and token metrics to decide which projects to invest in
When I analyse any project I assume that all the information I am getting is false unless I can confirm it from independent third party sources. You should always remember that the whitepaper has been written for one purpose only. To convince people to invest time and money into the project. At best they will always promote the positive and try to diminish the negative, at worst they will be nothing more than a carefully contructed web of lies designed to part you from your money. Be sceptical at all times. Always make through research of a project's team, road map and token metrics to decide which projects to invest in
It is important to know that for any project hoping to convince investors into putting their money into the project, they are going to be focused on making the project as appealing as possible which means that the project's whitepaper will surely be good so I believe you should look beyond the projects whitepaper to decide if a project is legit or not.
Always make through research of a project's team, road map and token metrics to decide which projects to invest in
Always make through research of a project's team, road map and token metrics to decide which projects to invest in
Sometimes no matter how well presented a whitepaper and road maps we really cannot tell if it's a scam or not. However, base on content you can really tell if there is a potential or not.
unfortunately white paper has turned into another form of advertisement for altcoins these days. before, meaning a couple of years ago. the white paper was only used to give the users an abstract of the idea behind the project but these days the shitcoin creators go as far as hiring people to write their white paper for them because they are either kids who don't even know what to write or are some Russian or Chinese kid thinking they can become rich like this but can't even speak proper English.
No you should not trust whitepaper all times, it can hurt your investments.
Lol, you made me laugh into this photo showing that some ICO's are not even trusted.Yes, not only a whitepaper you would know if that legit one or scam also you may check the whole team and their website too.
It is better if you choose a good project those having complete details into their documents.
For me first thing to do is to check Project members and advisors why waste your time to read whitepaper of course the whitepaper will only shows what you want to looks its perfect in anywhere you look at it
Just description in white paper is not enough for making investment decisions. Analytics should be more profound if you don't want to lose your money.
There is a need to document the steps that the project should take and the technical solutions that it will use. Therefore, most of the projects are based on the road map and white paper. Although at the moment in the red market and it does not help much.
Whitepaper is just one of several points to consider before you decide if the project is legit or not. There are still many other things that you need to analyze. Check the project info and its legality, team member info, its social media, and ecosystem support. You should check them not only on whitepaper, but also explore trusted information from many sources on internet.
No you should not trust whitepaper all times, it can hurt your investments.
Lol, you made me laugh into this photo showing that some ICO's are not even trusted.Yes, not only a whitepaper you would know if that legit one or scam also you may check the whole team and their website too.
It is better if you choose a good project those having complete details into their documents.
Whitepaper is indeed a very important document. Because there is absolutely all the detailed information about the project. When I choose the ICO project to invest in it, always the first thing I read is a whitepaper.
No you should not trust whitepaper all times, it can hurt your investments.
It is important to know that for any project hoping to convince investors into putting their money into the project, they are going to be focused on making the project as appealing as possible which means that the project's whitepaper will surely be good so I believe you should look beyond the projects whitepaper to decide if a project is legit or not.
Always make through research of a project's team, road map and token metrics to decide which projects to invest in
The Whitepaper is the first to learn a potential investor, so its main task is to interest a person. Of course, you can not completely trust this, but an experienced investor can see whether this project is good, with the help of a whitepaper. Always make through research of a project's team, road map and token metrics to decide which projects to invest in
You may be a very optimistic person. I don't believe in white papers very much. I don't think many projects can be implemented in this era.
Whitepaper are not worth to be trusted but you know, good ICO must has well prepared whitepaper, it is a must. Well prepared whitepaper with unique contents and statistics shown information about the ICO and it can be the clues for us to make investment decision.
While Whitepaper is a good thing to do but you should not depend on it for making investment decisions. Today, Whitepaper is becoming a tool for marketing the project, but it still contains parts that are true. So, you need to select and capture the important information and avoid the information, marketing content to deceive you.
The basic details of any project is found on the Whitepaper, from dere, u can know what and what is really the content nd details of the project if it has future or not.... But pls, some white paper could contain false details, so it doesn't have ultimate authenticity. Checkout for the team members, u can get some facts dere too..
In any project, if their whitepaper is suspicious of any kind like missing business plans, next to impossible product, and many other reasons as to why whitepaper is so important. Many critics would always notice the business development plans because it is the most important standard for a successful project.
I suppose you should not think that way, trusting in whitepapers can hurt your investment. I can tell you that almost whitepapers have the same contents and goals but with different prjects. I have read a ton of it and believe me or not, the ones who are too good to be true are just scam.
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