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Author Topic: ICO without whitepaper  (Read 7583 times)
rijaljun
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July 10, 2018, 03:53:26 AM
 #201

Many scam ICO have their whitepaper, so there is no way for any ICOs without whitepaper. It's mandatory!

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July 10, 2018, 05:10:29 AM
 #202

Yes there is a big chance that a WP without an ICO is a scam.i never invest in a ICO without a WP>
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July 10, 2018, 05:13:38 AM
 #203


I do not even enter bounty without a whitepaper, so I agree with you because of this, an icon that I will invest in must definitely be a whitepaper.

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July 10, 2018, 05:20:31 AM
 #204

Don't try to join to an ico without whitepaper. Because in the whitepaper you can read about the features of the project and their platform without whitepaper you can know if that project is legit

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July 10, 2018, 05:25:34 AM
 #205

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


My dear brother, if you have more than two legs, pls use it to run away from those ICOs without whitepaper. You have clearly stated that whitepaper bridges the gap between an investor and a company, do you need more explanation on this to know that an ico without whitepaper is nothing but a scam.
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July 10, 2018, 05:26:54 AM
 #206

Never joined and invest your money on ico without have whitepaper, you will loss your money if keep joined an ico project without have whitepaper. By reading on whitepaper we know what the opportunity of their ico project, we will more learning about how their ico will work and their roadmap about ico sale. But without whitepaper how to know when their ico will ended and listed on exchange market, when they are listing their token on market ?
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July 10, 2018, 05:31:23 AM
 #207

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

That is a necessary element of an ICO project. It's like you join a cult that do not have an idea that its a cult. If the project doesn't have white paper then do not waste your time on it.
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July 10, 2018, 05:33:20 AM
 #208

It doesn’t say that much anymore. For a frw hundred bucks an outsourced writer can make you a pretty decent whitepaper. A lot of WPs are just copied and used with some changes made. You should look at a team and if they are who they say they are. People using their real names and faces. Making partners. Of course, a whitepaper is important and every ICO should have one at the time of their tokensale. But it doesn’t mean it’s a safe bet to contribute to them..
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July 10, 2018, 05:39:44 AM
 #209

Whitepaper is one of the most important factor if you want to invest into something because the whitepaper explain about the project and what they are trying to do, investor won't invest their money in something that they don't know, if there's no whitepaper then how will we know if the project can worth a lot in the future?

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July 10, 2018, 05:43:01 AM
 #210

What's with the whitepaper, even those will wp will just copy from other projects while some will just write without following what was written there....
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July 10, 2018, 06:01:13 AM
 #211

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
Yes, ICO project without whitepaper is a fraud, But we must remain vigilant. The fraudsters (ICO scam projects) are very smart and skilled in making whitepapers, which seem to provide significant returns for investors.
mrproblem
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July 10, 2018, 06:04:07 AM
 #212

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
if I am able to find just data in ico web page or somewhere of official communication channels of ICO I would not say it is scam
dobolspeed3
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July 10, 2018, 06:04:37 AM
 #213

ICO without Whitepaper is a very bad thing. Because ICO is where a company to sell their Token. With whitepapers is the explanation about ICO and other things contained there. And with whitepaper is the person knowing the product and the background of the company. If not using a whitepaper then that company is not seriously serious in ICO.
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July 10, 2018, 06:07:34 AM
 #214

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

An ICO project without a whitepaper? Probably possible, but even if the intention of the team is not to scam people, no one would ever trust their project. Mainly, because they do not show any proof that they are dedicated with their work. And I dont think scammers will not put whitepaper on their fake project. They will do everything they can to make their project look legit for the investors to be fooled.

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July 10, 2018, 06:10:28 AM
 #215

The whitepaper states in detail what a company will do once it accumulatea funds from investors. They can start a bounty without whitepaper (it might be just a draft and still finalizing) in the pre-sale period. But having no whitepaper once the main ICO is underway is unacceptable and can be termed to be  a scam.
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July 10, 2018, 06:34:52 AM
 #216

You should never invest anything in a project without seeing the whitepaper first. One of the most important things in the whitepaper is the Roadmap for development, without seeing this how can you know that you are not investing in a project that do not plan to produce anything for 1 or 2 years? Also there will be important definitions of the project scope and the distribution of tokens. Always read and understand a whitepaper first
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July 10, 2018, 06:53:31 AM
 #217

If a project does not have a white paper, it can only show that the team is not sincere enough to treat the project. It can not be said that a project with white paper is not a deceptive project. Many fraudulent projects are now packed. I think we can not judge the authenticity of the project only through the white paper.
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July 10, 2018, 07:04:11 AM
 #218

If that ICO without whitepaper i did not continue to explore on their project and i will keep out because i think that they are scam ICO because they are incomplete to provide their information, even an ICO with whitepaper can turn out also a scam ICO after collected money from investors, be sure that the team behind that ICO is real and legit.

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July 10, 2018, 07:05:13 AM
 #219

ICO without white paper is not possible. otherwise, it is a scum, and this project can not be trusted. white paper contains all the necessary information about the project: the team, the goal, the problems posed in this area and their effective solutions, as well as many other important details.
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July 10, 2018, 07:15:54 AM
 #220

I think that whitepaper is important, how can we get info about project is there is not white paper? when we read articles about scam projects, main tip is to read this doc. So I think such projects are suspicious. Here are some tips how to find good projects: https://icoguide.com/en/blog/choosing-an-ico-common-pitfalls-of-scam-icos
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