Is ICO WhitePaper Matter Most?

[dark1234]

I don't think the most important thing is the whitepaper for sure is important but from my opinion the most important is the address of the company who is running the ICO. Why? Cause you can check it with google maps to see if is real, some scam project were found on this way, with a fake location.

I truly agree with you. The location is of major importance and for me understanding the whitepaper and see the possibility of a true ICO behind it 

white paper is important because we can know the extension of the project but white paper can not determine that the project is a scam because behind it all we need to do further research that is more important than the white paper as to where the project and the team behind the project whether it is true or not

[1714004715]

1714004715

[1714004715]

1714004715

[1714004715]

1714004715

[1714004715]

1714004715

[1714004715]

1714004715

[without_my_moufles]

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!
...

Yes correct, Whitepaper is just... paper. You can write what you want, promise what you want. A complete due-diligence should be made by everyone investing in ICO but even with this, scam can not be fully avoided.

ICO with existing products are a often a better choice but quite rare.

[eugenefonts]

I believe that ICO white paper is one of the most important part of an ico project because without it you cant review what is the idea and proposal of the project. But what really matter is:

1. Active and agressive team dedicated to their project
2. 24/7 active to their community
3. A project with prototype
4. Roadmap is properly executed

Social media's and youtube channel are also helpful  some youtube review about the ico is there,usualy i check first their social medias,youtube channel and their website if it good and high quality then its qualified for my apetite.

[paxmao]

Business is not about "things" nor is not about "products" nor is about "plans" and is not at all about "money" (read this twice if you want).

Business is about people and most of all is about trust. Let me prove it to you:

- Hi, I am Bitcointalk user Paxmao, you don't know my real identity nor CV and I am asking you for 1 billion USD investment to put a satellite into orbit at 1/5 the price that NASA can do it.

- Hi, I am Elon Musk, I am asking from you 10 Billion USD to put a satellite into orbit at half the price NASA can do it.

Now, my white paper is awesome and my web page is in perfect English, no broken links, great campaign, 100k telegram followers and the best campaign managers tokens can buy.

Who do you trust?

[Mocoinaire]

Honestly I have written tens of ICO whitepapers and only few have seen light of the day. The problem I noticed is most project founders have an idea but do not know how to communicate it to their investor target audience. All of them are interested in having the same structure as a project they identified as successful due to successful crowdfunding.

I advice people who come to me to have their unique idea communicated in a unique way to their identified target audience. This is mainly due to most of the utility tokens need an uptake by targeted project users for the token to gain traction in the market. It is more of getting your target audience to understand of your project and not forcing them to read a technical WP they may not understand anyway. So it should be simple unless the target audience/investor/users have a technical background to be interested to read the whole document.

Otherwise, for projects that are serious and targeting general investors without technical know how of tokenization use a simple whitepaper version at most 10 pages with lots of infographics on how your idea is revolutionary.
Alternatively, invest in Pitch Decks which are short and extensively use illustrations which is complemented by your presentation (because you the one who understands technical details) should be easy and not be a headache or boring for investors.
That is my take!

[joromz1226]

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.

I guess Whitepaper is just a par t of significant things in the ico to become successful, then in my perception I think the company profile of the

company in the ico  is what matter most, from the Founder/CEO, team behind the company, also their good background  or etc. something like

that which I think is the important matter anyway.

[nutildah]

That image sums up perfectly my feelings of the one coin I'm invested at all in at the moment: Cardano.

The whitepaper reads like an academic journal article or a PhD thesis, even. It was in fact co-written by several PhDs. Cardano sits in the top 10 by market cap, and I think 80% of its value is driven by the fact that the whitepaper insists the coin is brilliant.

Why do I say this? Because the coin's only wallet, Daedalus, hasn't worked in over 5 months! There are a few work-arounds to get it in semi-functional status, but frequently the entire blockchain has to be deleted and re-downloaded, then you need to sync your computer clock using this or that program... Then you have to leave the wallet open 24/7 or risk starting the process over again. It's a real horse's ass of a coin.

The only reason I'm still invested in it is because I can't get my wallet to open to sell my coins.

So in the case of Cardano and its resounding "success," yes, the whitepaper does matter the most. I frankly don't know how it manages to continue sitting in the top 20.

[enisshkurti]

The whitepaper can be well-written and there you can understand how much time the team spend on whitepaper, even some whitepapers look so beautiful also their website, and they are only halo-effects. What I do is to contact directly the team members on Telegram, if they respond fast and good its shows their dedication to project.

[Jundax]

Most of the white papers are describing what team wants a project to be
But in the process of developing there are lots of obstacles which wont let
create a perfect product

[BlockpassIDN]

There've been some good points here but it's worth reiterating that the most important factor is whether or not there is a market or need for the project.

You could have the best team and product and whitepaper in the world but if there isn't any real need for it then it will fail.

I'd also rank having a MVP highly, followed by team and whitepaper.

The Blockpass medium page might have a blog going up about this soon.

[apimembership]

It is not enough to invest in a ICO, it is one of the important thing, but there are other criteria, like team, project target, community, history of project etc.

[BestSSS]

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.

I think Yes it is - we all used to step on a rake and not a time. The number of ICO increases every day and companies only need to get your money out of you. Write a fabulous white paper, draw a perfect site and the idea of the project can be any advanced PC user, but to make a really great product should try.
If you are sure that you can recognize a good ICO thanks to the lists and ratings — I will upset you. Although they were originally created for those who find it difficult to understand this topic itself, and it is much easier to go to the rating and choose a project with a high rating, there is no less fraud, with which a high score is gaining Scam projects.
And yet, when choosing your ICO in addition to the beautifully written white paper and the site, I would recommend you to pay attention to such things as:
Uniqueness, necessity of idea;
Clear goal;
Scalability;
Transparency and accuracy of budget;
The concept, the product;
Team;
The distribution of tokens.
Of course, ICO, which satisfy all the points, not so much. But the options of "profitable investment” and" many investments " are not equal to each other: you can invest in one successful project, and you can in 10 failures. So good luck with your choice.

[john1010]

There's a lot of ICO discontinue their project, is it a sign that some of the people here are begin to think and know that some of them are only collecting the money of their investors then, suddenly disappear.. One of the project I invested small amount because this project is totally active in social media almost perfect, but declaring that they will not going to continue the project, and they say that they will going to refund the investors money, the saddest part up until now, there is no refund.. It's given that they've run the money..

[Sanjeewa101]

Don't trust only one source, Find out more sources Rating sites, Online presence the team in history, Team related to the project matter, Communtiy relations etc

[Strufmbae]

If somebody had the experienced to distinguish, read and understand then one will be able to say that a project is a crap.  That is why i decided to just buy an altcoin when it is already listed but of course get to know it first before rushing in. Money don't come and go. Money is earn(ed) and will be wasted, wise decision is a must.

[hardt0choose]

WP is important, but its not be-all, and end-all.

[Marsh5]

Yes, whitepaper plays an important role in the Ico's project because in the whitepaper there is a roadmap and it is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter.

[rugrats]

I believe that ICO white paper is one of the most important part of an ico project because without it you cant review what is the idea and proposal of the project. But what really matter is:

1. Active and agressive team dedicated to their project
2. 24/7 active to their community
3. A project with prototype
4. Roadmap is properly executed

Social media's and youtube channel are also helpful  some youtube review about the ico is there,usualy i check first their social medias,youtube channel and their website if it good and high quality then its qualified for my apetite.

I agree. The ICO whitepaper is quite an important element because this is what investors read first and plays as an important role in determining if they should invest or not. But at the same time there is no point in having a cool idea and a well written whitepaper if advertising is shit, cause no one will know about it

[krainzmaster]

I really like this image. Masterpiece!!! 

By the way when I chose an ICO I consider few variables...
1. The team
2. Any MVP
3. Clear Raodmap
4. Does the project has any real usability  
5. Interstate from the community

I never read any whitepaper although I have already invested in 13 ICOs (LOL) and most few of them are really successful so far
(made me a lot of ROI).  

I pretty much agree with you, but still for me the whitepaper is important and shows somehow how the team works.

[suchi2591]

I invested in few projects and got results as well. I use to email of linked in contact to the member listed on the ICO website.
this time I want to invest in Atonomi seems like a good project but they are not inviting.