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Title: Red Flags on whitepapers Post by: Jling1007 on January 13, 2018, 07:36:01 AM What are some red flags to look for on icos whitepapers and just overall project?
Title: Re: Red Flags on whitepapers Post by: kueyen on January 13, 2018, 07:40:20 AM 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.
Title: Re: Red Flags on whitepapers Post by: tommydavis45 on January 13, 2018, 07:21:27 PM 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. Title: Re: Red Flags on whitepapers Post by: lakimens on January 13, 2018, 07:24:15 PM 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.
Title: Re: Red Flags on whitepapers Post by: DosManos on January 13, 2018, 07:31:10 PM 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 Title: Re: Red Flags on whitepapers Post by: Genrix on January 13, 2018, 07:38:20 PM 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 Title: Re: Red Flags on whitepapers Post by: oscarrsm on January 13, 2018, 08:39:32 PM 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.
Title: Re: Red Flags on whitepapers Post by: sgenuine on January 15, 2018, 04:53:00 PM 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. |