Is ICO WhitePaper Matter Most?

[articlecity]

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.

Whitepaper of a project does provide us the initial feel and vibes of the project.
It also shows the seriousness and professionalism of the team towards the project so whitepaper is important but yes the most important is the development of high quality products and services as promised in the whitepaper.

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[kindbtc]

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.

It was relevant at the time of your post but now most of the bad, fake or low quality projects are mostly pointed out by the community and people stay away from them and i have seen such projects with failed icos and not been able to raise any funds.
On the other hands good projects are selling nicely and it is easier to identify good projects now than it was like 2 years ago.

[GWS My Boy]

I think white papers are very important for ICO before making a sale because from there investors know what the purpose and concept of the ICO is
otherwise it is a road map, if the road map looks good and run on time chances are the ICO will be successful

[Jackl87]

I would never invest in a project that has a whitepaper that doesn't convince me.
I am not a programer so i can't really tell if all those formulas and algorithms that are displayed in technical white papers make sense or not.
But i look at all the other aspects like the tokenomics, the use case, the team and what the benefits for the token holders are.

[SimpToken]

We will have an ico sale without whitepaper, i think that the white paper is not important in these times.

[nutildah]

We will have an ico sale without whitepaper, i think that the white paper is not important in these times.

SimpToken, sounds exciting! <insert Shut up and Take my Money! gif here>

But will it surpass the glory of CuckCoin?

[SimpToken]

We will have an ico sale without whitepaper, i think that the white paper is not important in these times.

SimpToken, sounds exciting! <insert Shut up and Take my Money! gif here>

But will it surpass the glory of CuckCoin?

There are great meme tokens out there but ours will allow you to tag people as Simps in the blockchain! You can't undo that!

[chanc3r]

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,

Remember if that plan has already planned based on their theory but the real implementation will be very different from the fact. There are a few projects that can meet what already stated in their whitepaper but most projects were changing their plan and didn't follow the roadmap again.

[Shallow]

From all angles, I believe the whitepaper matters whether in the case of ICO or IEO, because in each case, whitepaper is used, and it is in this whitepaper that the team writes down their ideas or use case they are bringing to the crypto space. In addition, it is through studying the whitepaper will an investor be able to make the right choice. Lastly, irrespective of the fact the whitepaper is very important, I think most scam team has made it look like it no longer had value, through writing one thing only to end up developing something totally different and of course worthless. So, let's look beyond what the team are projecting, be it hype or whatever and starts from the basics of the project which is found in the whitepaper.

[tippytoes]

From all angles, I believe the whitepaper matters whether in the case of ICO or IEO, because in each case, whitepaper is used, and it is in this whitepaper that the team writes down their ideas or use case they are bringing to the crypto space. In addition, it is through studying the whitepaper will an investor be able to make the right choice. Lastly, irrespective of the fact the whitepaper is very important, I think most scam team has made it look like it no longer had value, through writing one thing only to end up developing something totally different and of course worthless. So, let's look beyond what the team are projecting, be it hype or whatever and starts from the basics of the project which is found in the whitepaper.

Whitepaper is still an integral part of any project. However, a serious investor should not rely on how well-written the whitepaper is, but check for their capability of delivering their actual product or service. Nowadays, I prefer to check the product rather on how they created their wp. Because most of them are just copy-paste from other's work. So in my opinion, whitepaper doesn't matter the most for me but the actual product they can offer to the community.

[SlimShadyMmp]

Most times I just wait till i see high listing on many exchanges and top quality ones before I buy the tokens My assumption been probably those exchanges will screen them out before approving them But is still Ok to go on with ICOs before listing, only ones with good reputations and sponsors that you trust

[denasha92]

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,

Remember if that plan has already planned based on their theory but the real implementation will be very different from the fact. There are a few projects that can meet what already stated in their whitepaper but most projects were changing their plan and didn't follow the roadmap again.

yes, so many project have changed their roadmap in the halfway of their development. their step in every plan will delay and delay again, it will be hard for them to move forward. and in the end, it will just become an abandoned and failed project.

[Bitlover10]

Yes whitepaper is most important for any ICO or project. This gives you clear understanding what the project is about and how it's going to be successful. Before investing in any ico everyone should read their whitepaper carefully. Through their whitepaper you can also find some clue if project is legit or not. Some scam project copy their whitepaper from other projects so that behavior makes you realize that this project is fake. So when you reading white paper you can also check if it's copy from somewhere or not. Google can help to find plagiarism whitepaper.

[marcous]

For me the whitepaper is an absolute guideline for analyzing a project, the project can be assessed as having value or not in several key factors in the whitepaper.

[LouVandetta]

For me the whitepaper is an absolute guideline for analyzing a project, the project can be assessed as having value or not in several key factors in the whitepaper.

This is somewhat true having a solid and good whitepaper at the very least would give a might better chance of the project to become successful. It shows how much depth the project goes and all, and the other thing that matter would be investors. Whether or not they are interested with the project or just being a bystander. So, it is important to have whitepaper.

[Saisher]

This thread was written three years ago but it's still relevant the whitepaper is very deceiving you have to check if those who wrote these whitepapers really knowledgeable on what they are going to do with the projects, some of these developers hire whitepapers writer just to make their projects look good in paper.

[Kong Hey Pakboy]

This thread was written three years ago but it's still relevant the whitepaper is very deceiving you have to check if those who wrote these whitepapers really knowledgeable on what they are going to do with the projects, some of these developers hire whitepapers writer just to make their projects look good in paper.

Someone has seems bumped it. The whitepaper is really relevant and important before engaging in any projects because here you will see the goals and plans of a project that developers and founders has made, if it will be worth it to invest or to participate in a long term. That is why they make their whitepapers look knowledgeable and presentable just to attract more investors.

[seoincorporation]

Most of the icos nowadays are a copy from other projects, just a copy-paste with a new ico name, that's why the white paper could look really nice but the project fails hard in the first months.

Create the token cost $2
With ''wget' we can download the ico page
and with Gimp we can edit the white paper

So, anyone can make a new ico in less than 24h, that's why most of them fail hard.

[Andrews193]

For me the whitepaper is an absolute guideline for analyzing a project, the project can be assessed as having value or not in several key factors in the whitepaper.

This is somewhat true having a solid and good whitepaper at the very least would give a might better chance of the project to become successful. It shows how much depth the project goes and all, and the other thing that matter would be investors. Whether or not they are interested with the project or just being a bystander. So, it is important to have whitepaper.

First of all, idea copying and document plagiarism is a lot in this market and because of this dangerous situation, a lot of investors and community members regularly check WhitePaper, which shows a serious face of projects, and when developers take such an angle, they certainly understand the importance of the whitepaper, from ICO to IEO, even some other form, whitepaper is indispensable. It's really like you said, good whitepaper increases success rate and interest level, the rest is practical and feasible.

[john1010]

Most of the icos nowadays are a copy from other projects, just a copy-paste with a new ico name, that's why the white paper could look really nice but the project fails hard in the first months.

Create the token cost $2
With ''wget' we can download the ico page
and with Gimp we can edit the white paper

So, anyone can make a new ico in less than 24h, that's why most of them fail hard.

Yup, exactly sir! You can pay an article writer in the service section of this forum. The Ethereum chain is the most abused system in the crypto market, you are right in a low cost budget you can develop your own token, then grab some pictures on internet and put some attractive bio then you've done, you can collect a hundred thousand even millions of dollar in an ICO project.