ICO without whitepaper

[SimplifiedProgress49]

ICO's without whitepaper is like a box of mystery.

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[opalet]

For me the ICO projects which do not have technical documentation very long time after opening automatically are included in the section of roguish. If you suddenly see such project, then I advise you to avoid it. It too most that the car without documents - you do not know from where it undertook and whether works regularly.

[Apiapik]

all information about ICO is on the whitepaper, so I think ICO without whitepaper is a fraud.
It's impossible, ICO's don't have a whitepaper because whitepapers are very important for investors, they will read some information about the background and project plan.

[superfan]

An ICO without a white paper is def weird!! Where would you get all the information etc from? It def does not make the best impression which is key if you want to win investors.

[adejoke444]

You don't need any Google Assistant to tell that any ico without whitepaper is nothing but a scam. You should have a business plan and strategy, that is what the whitepaper stands for.

[frchowe214]

What is also shocking is when they release the ICO and say that the whitepaper is being written. Why not release the ICO and whitepaper at the same time! It's either a scam or poor management planning, either way it will not be worth investing in. If you do, then it must be with caution

[Devawnm367]

Odds are if there is not a whitepaper odds are it is a scam. If they are too lazy to make one they are too lazy to run a project!

[MadSmiles]

What is also shocking is when they release the ICO and say that the whitepaper is being written. Why not release the ICO and whitepaper at the same time! It's either a scam or poor management planning, either way it will not be worth investing in. If you do, then it must be with caution

Sometimes it would work if there is a coin that was already published. Having a coin published a week before the whitepaper is released is not so bad. I think that you are mad at the wrong things.

[defoman]

White paper, of course, should be, but you need to look at what stage of development of the project. I have seen many times that when the project came out on the bounty, it did not have white paper, but at the time of the ICO start, it appeared. On the charges of the project is not affected and the hard cap was assembled.

[Melnikof]

Personally , I don't think there should be an ICO without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a ICO without a whitepaper is a scam? Or what can you say about an ICO without whitepaper

There're different situations, e.g. does a company, which entered the market long ago and has a work product in the real economy, really need whitepaper? ICO is conducted to collect money and extend its influence in the cryptocurrency market.

[Dinsdendo]

the ICO provides more information, the more it inspires confidence among investors. and not necessarily ICO without technical information will be a fraud.

[Supremacy2]

Personally , I don't think there should be an ICO without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a ICO without a whitepaper is a scam? Or what can you say about an ICO without whitepaper

Whitepaper is a detailed information from a company to the investors about the project or product they intend doing presently and the future purpose, but many companies may face some delay on it but if you check the team and the development of the project so far, you will surely understand how serious they are. My thought

[timoshani]

The white paper is a road-map for any type projects and ICO. If the ICO didn't have a whitepaper this mean a bad part for future of the project. Because in this document the potential investor can see a real idea.

[StephKram]

Personally , I don't think there should be an ICO without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a ICO without a whitepaper is a scam? Or what can you say about an ICO without whitepaper

When it's industry standard to provide a white paper I would think any team not providing one is a really bad start.  Even if yo didn't believe in white papers for valid reasons I still think you would be compelled to make one as many of your investors would want to see it.  So a team not providing one is a huge red NO signal. 

[adekogbe]

The concept of ICOs without whitepapers is really questionable  because how else will the audience, investors and supporters be able to know the project's vision, technology, team, concept, roadmap and all the other data needed for the platform to excel.
Also when a project launches without a whitepaper, it raises a lot of red flags and may be a sign of a scam project.

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[vladimirhf]

it's probably a scam, get away from it

[maunbot]

Personally , I don't think there should be an ICO without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a ICO without a whitepaper is a scam? Or what can you say about an ICO without whitepaper

I as an investor in ICO, so I will say that ICO without whitepaper is the same as a scam. how can you know information about the ico project if there is no whitepaper, even though we need it all. Before investing, of course we have to do research and read the whitepaper, if there is no whitepaper then we cannot do anything and that is definitely a scam.

[Stark_Naked9]

Personally , I don't think there should be an ICO without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a ICO without a whitepaper is a scam? Or what can you say about an ICO without whitepaper

I completely agree with you. It's hard to believe in an ICO without whitepaper. The investors have to know about the developing plan, the team behind, etc.. It would provide enough necessary information for investing. However, we can't say that an ICO without whitepaper is a scam one. It just an untrusted project. As for me, I always research carefully the project, especially through their Whitepaper before taking invesment.

[ppppph35]

The white paper is the roadmap for the future of the project. The white paper is something that the ICO must have. There is no white paper = scam.

[PJRLJRAC]

Well in the event that you can't read about what you're going to put resources into, at that point for what reason would anybody contribute? Beyond any doubt it is anything but an issue on the off chance that they have started the abundance battle or something, and the whitepaper (doesn't need to be a whitepaper, would be far and away superior if it's a complete clarification of the thought and the best approach to execute that thought) is being taken a shot at, however in the event that the undertaking achieved it's planning for ICO and there isn't even a pleasant clarification of it, it's in all likelihood a trick, and the one focusing on not precisely the most brilliant kind of speculators. It may potentially be a terrible association (ICO got ready for much sooner than it ought to have been) yet what should one expect of a venture with such an awful nuts and bolts in any case.