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Author Topic: ICO without whitepaper  (Read 7583 times)
treatWy
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September 13, 2018, 03:55:56 PM
 #1081

ICO without whitepaler is less attractive than have white paper. Whitepaper is vital in order to attract more potential investors that could faithfully support the project. It is very suspicious without whitepaper. Be careful and be wise.

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CokeCoin
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September 13, 2018, 03:58:34 PM
 #1082

ICO without whitepaper is an obvious scam. Whitepaper is telling to your potential investors what your ICO is about, it makes them decide whether to invest ot not. So ICO without whitepaper is at least strange.

davisagughalam
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September 13, 2018, 04:02:34 PM
 #1083

Ico without whitepaper. One word, SCAM. Any project the has no whitepaper and wants to collect money from individuals to sponsor the project is a scam in my opinion.what are the individuals investing their money into. And most that don't have a whitepaper also have no working platform. An endless loop of uncertainties is not worth any investments.

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annaorlova
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September 13, 2018, 04:07:37 PM
 #1084

ICO without white paper is a company that is not worth even the attention and time spent. Now it is very fashionable to enter the ICO market without even having a primitive prototype of its own product. I am very much surprised. The ICO market is now at a standstill only because such garbage companies have ceased to collect money from young investors.
nwosuchristabe2
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September 13, 2018, 04:10:31 PM
 #1085

There's a huge probability that ICO's that lack whitepaper will end up running away with investors wealth. Its laughable to see people investing in self drops on projects that lack social media handles, websites or whitepaper. It's a clear indication that something is fishy and the project may only be concerned about listing on exchange and dumping the price on investors.
Exort23
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September 13, 2018, 04:25:12 PM
 #1086

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

Is there an ICO without whitepaper? that is so sick because the whitepaper is so important to the investors and to other people because in whitepaper all details are in there about the ICO. So i will not agree or believe in that ICO without a whitepaper, maybe it is a scam ICO.
adam1230
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September 13, 2018, 04:29:27 PM
 #1087

Actually whitepapers are just empty promises for me.
So there is no sense to have a white paper. But lazy scammers do not write whitepapers good so you can notice that those are 100%scam
anami57
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September 13, 2018, 05:43:14 PM
 #1088

Actually whitepapers are just empty promises for me.
So there is no sense to have a white paper. But lazy scammers do not write whitepapers good so you can notice that those are 100%scam

But ICO without whitepaper more scam than a legit, I am personally very ensure an ICO project
it must have a whitepaper that qualified to give a good understanding for us.
oriremeji
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September 13, 2018, 05:46:58 PM
 #1089

I feel that whitepaper is a technical document which contains all information about the project and its development, price, team and whole structure and if any new ICO comes to the market without it then it can be a scam in future as no information available to its investors.
happyme1818
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September 14, 2018, 08:00:44 PM
 #1090

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
ICO without a whitepaper is a scam. Infact even if they have a whitepaper it could still be a scam because whitepaper is easy to produce. Always check the credibility of the team because they are the one who run the project and not the whitepaper.
Awens
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September 14, 2018, 09:17:14 PM
 #1091

Is a person without a driver's license a driver? He can pass for a driver and may be able to drive, but legally he is not. ICO without whitepaper is suspicious. No ICO should have bounty without whitepaper.
VeteranH
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September 14, 2018, 09:20:31 PM
 #1092

ICOs that dont make their whitepaper visible or doesn't have one are probably scams, the thing is that even scammers take the time to create their "projects", so a lack of information maybe be just because lazyness.
realcrypto
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September 14, 2018, 09:29:44 PM
 #1093

I have seen several successful  projects without  a  whitepaper, an ICO running without is not an indication that it is a scam. We fine it very easy to tag a project scam without tangible reasons. Investors can get all the information needed on the website.

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papagapa
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September 14, 2018, 09:36:12 PM
 #1094

Where did you find this albino tiger? Although many people write some shit in their white paper, but everyone has it. If there is no white paper - it is very strange.

Strange is one word for it. Another word being SCAM. I don't see a point in discussing something as outrageous and virtually criminal as an ICO without a decent road map or whitepaper. It's like a coffee shop without any coffee or a menu. What are they promoting?
worktoolstalk
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September 14, 2018, 10:45:51 PM
 #1095

its true, i think it is kind of strange as well to not have a whitepaper when a project is launched.. but there are legit projects that release a whitepaper later on, an example would be deviant coin a.o.

though a lot of you are right i agree that a whitepaper makes it clear for people what the project is about so people understand what they're investing in, a roadmap is also not unnecessary and gives a vision of what and how they will achieve things.
Trollinator
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September 14, 2018, 11:04:51 PM
 #1096

I would be very skeptical about any ico that didn’t have a white paper. If you are going to ask the community for funds, at the very least, the team should have a sound idea writttn down on paper.
bananaunana
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September 14, 2018, 11:06:27 PM
 #1097

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
For sure, an ICO without whitepaper sounds very scammy. A whitepaper is very necessary to explain the project and it's idea, it's essential to be followed and get a knowledge.
vavanpetrofan
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September 14, 2018, 11:15:34 PM
 #1098

I would have never invested in the ICO without whitepapper. The technical document is an integral part of the project. Each investor should get acquainted with the project by studying the technical document.
danceinthedunes
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September 14, 2018, 11:17:26 PM
 #1099

Sometimes it simply can't be an immediate priority as there are many projects with few developers, which means that they have to spend their time on more important things, such as the full development of the ICO, whether a platform, an exchange or a coin, but at least before releasing it to the market, should have the whitepaper ready, so that investors can be informed.
19Nov16
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September 14, 2018, 11:21:15 PM
 #1100

ICO without whitepaper has the potential to be a scam, if the project is serious then they will make a whitepaper, I have met several ICOs without whitepapers and after I observed it finally proved that the project was a scam.


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