Is ICO WhitePaper Matter Most?

[ssteinb86]

WP is just one of the tips if you should spend time looking into the project. So if it's poorly written, you usually see it right away and can save significant amount of time.

Nice pic 

[Ranillo79]

Yes, just like you i dont treat whitepaper as a reference whether the ICO is real or not for me one of my best reference finding a real bounty campaign of an existing ICO is the team road show. Road show is how the team promote their product in a public conference. Schedule of places where they have a speech. So having these acticity can proof that the project is real existing and not created by mind without act

[Janeth]

for white paper is not really important I always check if the team is there in their website and active team.

[yodomaster]

For me I depend on the team activeness. Reviewing their team and advisors profile is also an important factor, I always appreciate those ICOs that spending their time for roadshow, for introducing their project, to get themselves involve to different blockchain conference, sharing and updates on social media platform. This is easy but also take times for effort to build up the network and to see the teams' willingness to learn and to share.

Second is the road map and third is the whitepaper. As long as it can convince me, and no duplication or plagiarism from other projects, i think I am willing to get involve to their crowdsale.

[Alex31207]

Currently, a lot of companies hold ICO.And all of them first of all give investors their idea.The investor reads the white paper and then decides whether to actually perform the tasks or not, before you invest your money in this company.After all, if the white paper is not written feasible plans, then there will not invest.

[dark1234]

most people invest in ICO to know the planning and management of the project is sure to know it all must see the white paper, but ...! neat and neat white papers have not yet determined the project is good and real, therefore there are many aspects that we must examine as the project team and the place in the project are developed to avoid scam projects

[KosMas]

I think that is all about team, WP just one of 1000 elements to make good company. It is not going to save company from bad execution, regulation, competition, but team can do it.

[sergiokkl]

Same with me, I do not rely my decision in white paper I must more focus on the team, marketing strategy community and the product. White paper is easy to write but deep inside there are to implement the idea in real situation and can turn a good white paper in scam project

[clip123]

a lot of ICOs are disappearing after raising money. So i try to stay away from icos now. To answer our question, no white paper no longer matters but an actual product does that can be a value add.

Gone are the days when we used to have good ICOs. Projects without ICO but with strong team are holding more value in my eye then ICOs

[TheBraveDesolator]

Of course. Whitepaper is only their documentation. It is only documents that describles the project and answers the following:

• What does the project do?
• What particular problem/s it really solves? (Why are they doing it?)
• How will they solve the problem?
• What are the target dates for the accomplishment of every parts of the project?
• Who are the people involved in this project?

It rarely answers these:

• How feasible is the project proposal?
• What are the methodology/ies you're using or the algorithm/s derived in solving the problem?

It never answers these:

• Are the people/part of the project really reputable, reliable and relevant on the project that they're doing?
• Are they doing things the right way?
• Are they doing things legally?
• Are they well funded?
• Are they well supported by their own community?

Whitepaper is just the tip of the iceberg.

[Alex31207]

Of course it matters.After all,there should be some idea, people should see where to invest their money.White paper is proct's face.If it is written badly and not qualitatively, then people will not trust this project.

[jeffthebaker]

Cardano is a US$4 billion white paper. Tron is a $2 billion whitepaper. Bytecoin is a $500 million whitepaper.... the list goes on.


So yeah, I think in many cases, the whitepaper is the most important. The exception to this ofc are the projects that are actually live with a product, but as we know, those are not as frequent as the million (and billion) dollar whitepapers

[Ginzink]

Cardano is a US$4 billion white paper. Tron is a $2 billion whitepaper. Bytecoin is a $500 million whitepaper.... the list goes on.


So yeah, I think in many cases, the whitepaper is the most important. The exception to this ofc are the projects that are actually live with a product, but as we know, those are not as frequent as the million (and billion) dollar whitepapers

That comment was spot on, yet a sad read.
We invest in dreams, and hope they come true. But that goes for most of crypto

[Newtiy]

is it important to have WP ?

[daviost]

Yes Whitepaper is needed because whitepaper tell everything you need to know about that coin/token before making up your mind if you want to invest, purchase or use it.
This includes commercial, technological and financial details of a new coin/token in language that can be understood by someone who is not an expert in that subject.

Beside that in the whitepaper it already describe a lot of things like
    The problem in the existing market
    The advantage using their coin/token and why we must HoDL their coin/token
    Competitive landscape & market size
    Key investment considerations
    Technical explanation of their product and use case(s)
    Their Timeline / RoadMap
    ICO Strategy (how many tokens to issue, distribution of tokens, price, market cap, phases of token release, payment processing, token deployment)
    Team behind the project
    Legal aspects of the tokens
    Marketing strategy, ETC

[john1010]

Another thing the newbie in crypto must be consider:

types of ICOs exist

There are typically four types of ICO projects:
1. Organic
2. Artificial
3. Synthetic
4. Scams

Full located @ https://bitcointalk.org/index.php?topic=4610096.msg41617118#msg41617118

[john1010]

I would like to greet everyone a Happy and Prosperous NEW YEAR!!

[smyslov]

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.

This is probably the closest thing about whitepaper  I have seen so many whitepaper that are out of this world and to good to be true, but ended out very much different from what they stated in their whitepaper, but we still need whitepaper, but don't believe on it right away there should be a good logic on those whitepaper, ask these people how close the implementation to the real thing, experts analyze a project whitepaper, for legitimacy.

[d3nz]

I think most of the Whitepaper and Technical paper are just a copy-cat from another project and they are providing benefits from investors even though it will not gonna happen. And, i myself fall for many times on this and i think ICOs are just a scam but not before.

And falling for this kind of scheme is really bad and does not have knowledge on how they work.

[BlackFor3st]

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.

We can say that whitepaper is important to the project but if you are going to look for whitepaper only then you are only wasting your investment money because plenty of projects out there can just hire someone who can write an almost perfect whitepaper even if their actual project is almost useless.

You should look deeply to the project that you want to invest in like their partners,supporters,broad marketing,solid project goal and etc. We should dig the project and if possible don't invest blindly if you want to lessen the risk as looking in whitepaper is not enough to say that certain project is genuine.