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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

Because the project Whitepaper is the most basic thing you know about a project, Whitepaper is used as a reference for your investment. It doesn't have absolute authenticity. Maybe it's just a concept. You can't just rely on it when you invest. you should know more about project.

Experienced investors will never invest in the project only on the basis of whitepaper. It is important to carefully analyze the project. First of all, see which people are behind the project and how the profit will be made.

Whitepapers are to lure investors. Don't get me wrong, but many whitepapers are just full of bullshit and have very little value/ juice = technical descriptions, detailed info on devs plans.
This trend started few years ago, when people started saying that no whitepaper = scam.
Today I would say it may be exactly opposite.
Recently I was looking on Steem (Steemit.com) history and they started with no wallpaper of all, hell, they haven't even post description of their project.

Whitepaper and coding are two different stories

The whitepaper just a concept and it can't be trusted and i have seen so many projects are changing the roadmap and make it different with all of the roadmap that has already stated on its whitepaper. Whitepaper is a media that makes the developers can explain their concept to build the future product. Whitepaper can't determine how good the project is.

WP should be always backed up by real team (with dev experience) and by open source code and/or working MVP! There are WP writers that charge a bit of $$...

I totally agree with that!
It is necessary to carefully check the white paper, the potential of the project, its relevance, what kind of team to deal with it

Whitepaper is not the basis to conclude that the ICO is legit because there are some project who have shown a good Whitepaper but in the end it turns out to be a scam so it is better to have a deep research and analyze the project before investing or try to communicate with them and ask some questions to prove that the team and project is real.

You can buy a professionally written whitepaper for a few 100 dollars, they don't mean everything that's for sure.

Scam projects or Legitimate ones will definitely make their whitepaper to be appealing and convincing as they can because this is the most common spot for most investors to be checked
but talking about always trust then it shouldnt really be always a basis where if you do find out that they have a good whitepaper you decide to invest. Its definitely a common mistake and the reason
why most people do fall into scam project knowing that scammers are getting smarter yet they do already know that WP is the main thing been checked therefore they would need to focus on doing it realistic.

In my opinion it not necessary to entrust everything on the whitepaper but white paper is only the reference on how much the project worth and how it could be in demand in the public.

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.

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.

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..

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.

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.

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.

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.

No you should not trust whitepaper all times, it can hurt your investments.

https://cdn-images-1.medium.com/max/720/0*W5FdOb107mqGxfBn

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.

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 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.     

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.

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.

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

Sometimes there was a scammer that putting the fake identity to create such a scam ico and it will be very important to check the team and the identity of it. At least the team that has a very huge supporters can be considered as a good project too consider the majority all of them have been doing a lot of research.

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.

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.

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.

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.

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.

White paper is an important thing in a project because it contains the basis of the construction of the project. In the white paper, of course, it must contain the project's vision and mission, the excellence of the project, the road map and the development team that allows it to attract many investors. But, to decide on a good project or not, just look at the white paper, there are many other things that need to be examined so that you can determine the best decision.

because whitepaper is the initial concept and the platform runs. we can know what the project functions for, if we contribute to this project what we will get we will find it on the whitepaper, basically like a guidebook

Do not be confused. Any scam project can make clear promises in WP simply and it is just one of the factors that evaluates the ICO. However, more emphasis should be placed on the devs team and the head. as well as the team advisor reputation. In addition, ideas are also important issues.

This is not because everyone believes in white papers because the form of ICO is itself a sales concept. Therefore, it is necessary to read the white paper, but does not fully believe everything in the white paper. These things may be fake. Therefore, if you want to participate in ICO, we need to understand the project from many aspects so that we can make some useful judgments.

white paper is one source we can check if the ICO is legit or not. but its more better that if you like to check newly ICO projects check also the team behind that project if they are attending some blockchain summit, check the CEO if he is legit. better to use ICOBENCH to check the rating of the said project.

Even theres a good to be true WP indicates on the projects, it doesnt mean that the project is not scam, although some of the information about the projects are written on WP but dont just believe on it, dont just took for WP but took for over all ratings, WP is only a guide to see whats next on the projects,  but to trust it. No.

Whitepaper can explain what the project about but not all in the whitepaper is very nice project so if you want to see good project in whitepaper you need also make research to double check if the project is good or not and to avoid scam .

The project whitepaper is what contains a concise and full information on the project. as long as it is released by them, it should be relied upon.

I think that almost all the information that the project has in the documentation can be checked and if they are deceiving you somewhere you will see it

hahaha

I always do the following: demand the address having all investments. So many times (almost each one), team make up unreal reasons for money absence. Be careful, majority are liars.

Whitepaper is their project testament that a investors should look into it to verify if the team has doing base on their whitepaper. This could also attract investors if they found it very interesting. Sometimes whitepaper is not realistic and far from the actual outcome of the project in which investors should be careful not just rely on whitepaper.

I think you shouldn't judge projects based on its creator age/ ability to speak proper English (or whatever language).
I don't think there is anything wrong with hiring writer to create your wallpaper, as long as he's only used as a tool to transfer your ideas to paper (in my country we used to call ghost writers "Negros"), but if he's more of a marketing person then you're right, that's wrong - I don't mean that marketing people shouldn't be involved in creating wallpapers, but their involvement should be limited to making text easier to read etc. Who knows where BTC would be today if Satoshi would make his whitepaper more flashy.

actually whitepaper doesn't guarantees the project gonna be successful because they have alot designers whom configure whitepaper very well and websites, the only thing we need to do is to do more research in any project  we are to invest on. i have seen a project with a well designed sites and whitepaper yet don't meet there softcap so the project was postponed till further noticed.

Very interesting information for beginners and those who did not know this, be sure to read who did not read it. Develop, promote this topic. :) Yes, I agree, I'm also waiting for this, I'm just interested in this project to see how it will go and what will happen, because it does not always happen. :)

An excellent white paper has a clear roadmap. A detailed description of the project and how the project will develop. If the white paper shows all that the investor needs, it will help investors evaluate the project through a blank white paper. But in fact, very few projects can accomplish the goals set out in the white paper

For the average investor, a white paper is the best way to understand a project.
Because the white paper shows what the team is going to do next.

Well, actually, whitepaper is not the only think that will drive us to trust in a project. We must analyze the whitepaper, understanding the team members, developers, and also adviser. It is also important to analyze what kind of tokens or coins, concept, and also the reality of the products. However, yeah, Whitepaper is one of the most important thing to consider as trust for a project.

as for me, the most important thing is project's team. it should be open and accessible for public. They should show their faces on video. Of course exceptions could also be.

White paper serves as a blue print of the project, but some white paper are just a copy paste of the other. You have keep in mind that certain project will going to revise white paper on the process of implementation , so it's just a guide and brief explanation of how good there product will be. You can trust but don't expect them to deliver on time.

Whitepaper could help investors to verify if the project is best. Actually it is not only basis to look for if the project is can be trusted. There are other information to consider if could gives a profitable after your invest.

Well I would not say that you should trust the white paper 100% because sometimes this is the only good thing in a project but the Telegram group and other platforms is where you can spot the signs that the project is a scam.

Even the whitepaper looks good, there are still some chances for a project to become a scam. But if a project cannot pay much attention to the whitepaper the chances to become a scam is very high.

But how much trouble, when doing project documentation can talk about the quality of the project. As far as it is clearly written, will the idea work, is there a working product, who are the developers and advisers

White paper is a basic document that allows you to understand the purpose of the project, find out how it will work. However, a good white paper does not guarantee the success of the ICO.

To invest your money, you need to carefully sort out the ICO projects.

NEVER TRUST WHITEPAPER ALONE...
make sure to read it all, not just read it by also to be sure that you need to study it.
once done make research about it! then study again.
know the people behind it. dont trust by having just that alone, make a back up information.

It's just another trick for a lot of these scammers. Some ICO's take them very seriously and put a lot of time and effort into them, don't get me wrong. But those that just make things up to give it a nice shiny look are usually just looking for a pump and dump, if even that much.

Anyone can draw up a nice looking forecast and roadmap using some numbers and concepts that they like. The real question is if they can abide by that schedule and follow those promises. Because in the end, a white paper is nothing more than a piece of paper, if that.

Whitepaper is one of many way to attract investors to join/put their investment into the project.
But not all whitepaper contain trusted information, some might be true (real project) and some can be a scam (fake project).

I don't think that whitepaper does it for me, at least not anymore. While it might be a good way to gain insight on a project and see what is about, and also help in determining whether or not it is a good project, it doesn't just feel like it for me anymore. Maybe because I have come to realize that not all convincing whitepapers eventually succeed. We see that even scam projects have better whitepapers these days. It takes more for me to trust a project than just its whitepaper.

I think the whitepaper can be really well done and convince a lot of people of it's credibility but it still doesn't make the project legit, there is still background of the members of the project to be looked for.

In fact, the white paper will kill a project. Because if dev can not achieve the goals set out in the white paper, the project will be underestimated and the community will not trust that project. White paper is a double-edged sword, It can attract the community can also kill the project as I say

whitepaper is a necessary condition of a project, from which we can know and learn the goal of the project. A good project will certainly have whiteper clear. But the whitepaper is only the necessary condition but not sufficient

Whitepaper is one of the beat ways to learn about a project's information and their product when it will be released and many more. But investment decisions should be based on a lot of other important information gathered through research.

If the idea of the project is quite feasible, then I trust. However, I always pay attention to similar products from competitors.

The white paper reflects only the ideas and intentions of the project. At the stage of the ICO, the only thing that can give us an understanding of what the project is, is its white paper and road map. You can also rely on the experience of the creators of the project and their credibility and reputation, but this is not always the best indicator.

Personally, I do not always trust project whitepaper. In my few years of being on these streets, I have learnt that a good whitepaper doesn't exactly mean a project would be successful. Worse now is that many of the scam projects that we have on the streets have really convincing whitepapers. Sometimes even more convincing than the genuine ones. So I have learnt the hard way that a good whitepaper isn't a guarantee that the project will be successful.

It is important to read the whitepaper because it explains what the fundraising is all about. Other purpose is to create trust and legitimacy in the minds of the people who are going to buy the tokens. But, I don't think we should always trust the whitepaper. It is possible that a scam company can hire a professional to do the whitepaper and produce an excellent proposal.

Because it outlines all the information on the project. With a correct and thorough analysis, you can understand whether this project is promising or not.

I think it because it brings more light to what the project is all about and what they have for the community

That is the problem mate. Whitepaper is important but how if the whitepaper was made with no good value? Its useless.
So after this, whitepaper is not so important anymore but working product and good team is the most important one so always check those thing.