Is ICO WhitePaper Matter Most?

[IvugeoEvolutionCoin]

I quite agree on this that project shouldn't be based on what's written on the whitepaper hence they can add flowering words on it to convince investors and supporters but in the end they cannot back it up on actual project released. The visibility of the team, road map, funds and project's ideology should be based about on how can a project be successful and can be judged by it in actual adoption in the crypto world.

Over time, we've come to realize that Whitepaper is just for fancy for most projects. Most do not even follow their roadmap at all. Some people read Whitepaper, get impressed and invest in projects without putting other factors into consideration, this is always misleading. Most important things to look out for before going long term in a project are team capability/reputation and actual development of the project, not only Whitepaper.

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[whyrqa]

One way or another, White Paper, in my opinion, is important not only for investors or interested users. The fact is that White Paper is a very powerful marketing tool that brings great benefits to the project itself, which allows it to attract as much investment funds as possible. Indeed, in the very basis of white paper there is no advertising, but the described clear scenario for the actions of the project team, which in fact should interest specific investors.

[jennerpower]

This is absolutely true. Most of the ICO are very futuristic when it comes to their whitepaper. The reality always hits us when it comes to this, it always don't work as we expected. However, its been a great journey to each and everyone, being with them from the start until they reach the limit of cryptoverse is the important thing. They help us earn at the same time we help their company grow to extent that we can. So call it quits. There's a bright and dark side in everything.

[Psynthax]

This is absolutely true. Most of the ICO are very futuristic when it comes to their whitepaper. The reality always hits us when it comes to this, it always don't work as we expected. However, its been a great journey to each and everyone, being with them from the start until they reach the limit of cryptoverse is the important thing. They help us earn at the same time we help their company grow to extent that we can. So call it quits. There's a bright and dark side in everything.

ico whitepaper always discuss about technical of the project although most of those are just some ideas that need realization first before possibly finding the flaws. Id say it matters if we really want to get invested into the projet and see whether it could really solve problem they are proposing to find the solution for through their project but there's always something that could go wrong as you say.

[yulchatar]

In any case, white paper is important, as it describes all the proposals and solutions proposed by the project. But of course this is not enough to unconditionally start investing in this project. Anyone who really doesn't want to be deceived usually checks all the details - documents, addresses, names, etc.

[blue_hurricanger]

The whitepaper, in the end, is just a paper. It maybe important at the beginning stage of every new altcoin but after a time, there should be real progress as the main focus, not a well-written piece of paper. Don't make crypto become a cult where everyone only looks at project whitepaper like a bible

[lumeire]

In any case, white paper is important, as it describes all the proposals and solutions proposed by the project. But of course this is not enough to unconditionally start investing in this project. Anyone who really doesn't want to be deceived usually checks all the details - documents, addresses, names, etc.

Whitepaper is just like a blueprint and the future plans of the developers with the project and should always be treated as an indicator of the progress related with the project. People always invest in that project which have a promising Whitepaper along with having good real world development, not just promises made that the team would deliver in the future date, those days are gone when people used to invest in smokes and mirrors promised by the project team, now the investors want some of the work to be finished first and rest should be delivered after the fund raising ends.

[Diamond_Darrell]

White paper is just a beautiful legend, a fairy tale that, if it does come true, is either not as written, or does not live up to expectations, or does not come true at all. Choosing a project for investment taking into account only white paper is like marrying a bride only because of her beautiful appearance

[john1010]

White paper is just a beautiful legend, a fairy tale that, if it does come true, is either not as written, or does not live up to expectations, or does not come true at all. Choosing a project for investment taking into account only white paper is like marrying a bride only because of her beautiful appearance

Or maybe and most of the time it is using by this crook to lure and hype the investors to their scummy project. By the way a good project make their own way and attract people by the result of their project. For me ( not at all) WP is just only a tool that can be use good neither bad nowadays.

[Yudhisthir]

White paper is just a beautiful legend, a fairy tale that, if it does come true, is either not as written, or does not live up to expectations, or does not come true at all. Choosing a project for investment taking into account only white paper is like marrying a bride only because of her beautiful appearance

Or maybe and most of the time it is using by this crook to lure and hype the investors to their scummy project. By the way a good project make their own way and attract people by the result of their project. For me ( not at all) WP is just only a tool that can be use good neither bad nowadays.

Whitepaper is a documentation of what and how the project wants to achieve. It'll let you now either their concept are new or an old one. You can also compare it and it's economics to the similar project you've known. And furthermore with the quality and uniqueness of text, you'd know how serious the team are about the project. Surely it's not the only way to decide for your investment but is the first place to look at.

[kotajikikox]

White paper is just a beautiful legend, a fairy tale that, if it does come true, is either not as written, or does not live up to expectations, or does not come true at all. Choosing a project for investment taking into account only white paper is like marrying a bride only because of her beautiful appearance

Or maybe and most of the time it is using by this crook to lure and hype the investors to their scummy project. By the way a good project make their own way and attract people by the result of their project. For me ( not at all) WP is just only a tool that can be use good neither bad nowadays.

Make sense.

All those hypes to attract investors interest, this scam developers always find ways to construct a good WP knowing that

investors are also reading and make it as reference for investing.

You are right. Good project will find ways to succeed, if the project have good usage
and adds weight to this market then probably it will get support from most investors around.

[Twinkledoe]

White paper is just a beautiful legend, a fairy tale that, if it does come true, is either not as written, or does not live up to expectations, or does not come true at all. Choosing a project for investment taking into account only white paper is like marrying a bride only because of her beautiful appearance

Or maybe and most of the time it is using by this crook to lure and hype the investors to their scummy project. By the way a good project make their own way and attract people by the result of their project. For me ( not at all) WP is just only a tool that can be use good neither bad nowadays.

Make sense.

All those hypes to attract investors interest, this scam developers always find ways to construct a good WP knowing that

investors are also reading and make it as reference for investing.

You are right. Good project will find ways to succeed, if the project have good usage
and adds weight to this market then probably it will get support from most investors around.

And also don't forget to watch out for those well-written whitepapers where they just copy-and-paste from somebody else's work. You can see a lot of those cases in the scam accusations board. It is actually good to see if a particular project have good wp, but you need to look out if they can implement what they are saying on their wp. And it would take time to follow their developments. For me, the most important factor is if the project has very active product or app, which has practical usage in the market.

[Divinespark]

You cannot judge the project through their whitepaper, a lot of projects have failed and cannot be implemented like the Roadmap and Whitepaper they wrote. So let's focus on reality, see what the project is doing

[Smitty Werben Man Jensen]

50% of white paper can be important, but now only white paper for a requirement does not have any value, if there are institutions to research projects before doing IEO and ICO I think white paper can be very important, but now it is still not

[key4co.in]

White paper is just a beautiful legend, a fairy tale that, if it does come true, is either not as written, or does not live up to expectations, or does not come true at all. Choosing a project for investment taking into account only white paper is like marrying a bride only because of her beautiful appearance

Wonderful choice of words, do people still invest in project because of good Whitepaper or "promises" in Whitepaper? I doubt anyone still does that. Just very few projects achieve up to 50% of project aim on Whitepaper or even follow their roadmap accordingly. I'm not condemning investors who use Whitepaper doing research, oh yes its necessary, because a lame or copied Whitepaper is already a redflag.

[cassavachips]

All projects are required to have a whitepaper or litepaper to introduce their project in more detail and clarity, but that cannot be the most important thing for assessing a project. Because it's easily manipulated with nonsense and promises that really don't make sense for a new project.

[Docbee]

Who among us here have been victims of almost perfect Whitepaper?
Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.

So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole.

Honestly, I see many projects taking white papers as a must to have.  Some people do even think the absence of white paper means the project has nothing to offer.  Though this is a document that summarise the idea and the problem the project is out to solve.  But the point is that, we shouldn't be deceived with a well packaged WP, because we've seen many instances like that and at the end of the day, everything turned to scam.  Never use WP as the only yardstick.

[john1010]

I found this definition of whitepaper that many ICO project themselves does not fully understand.

''A white paper is an authoritative document intended to fully inform the reader on a particular topic. It combines expert knowledge and research into a document that argues for a specific solution or recommendation. The white paper allows the reader to understand an issue, solve a problem, or make a decision.''

[H1N1]

Whitepaper of the project does matter, but not the most. The most thing we need to know is about the project and the team.
Investors should see the whitepaper before investing their money to the project of course because some scam projects often plagiarize the whitepaper from other projects. Team member is the second, we can avoid scam project if we can detect the team members are fake or real.

[budi691]

White papers can be a guideline for all of us in following the ICO project, because that is where we can better know what the project contains, but indeed many do not meet our expectations, we are trapped by the writer's words so that we are trapped in their trap,