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Author Topic: ICO without whitepaper  (Read 7583 times)
Todoroki
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July 10, 2018, 01:31:36 PM
 #261

No question! If ICOs start without showing their whitepaper, then expect it to be a scam. The whitepaper is as important as the team running the ICO. It details important information about the project that is needed by the investor to learn about it. So without it, it is like running an ICO and not knowing where the proceeds of the sale will go.
But for Whitepaper is a kind of declaration the team wants to make, and without this statement they just tell us that they want to make ICO but they do not even decide for the purpose, but still there is a clear and trustworthy whitepaper.
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luongkaren
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July 10, 2018, 01:33:21 PM
 #262

A project should have a full whitepaper, website, team, roadmap, ... A project without a whitepaper is not really secure.
yatogami
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July 10, 2018, 01:34:00 PM
 #263

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
Definitely, ICO without a ready whitepaper is 110% scam as this means that the project team has nothing to promise to their investors.
Moreover, some projects don't even have a website and a roadmap - and these are scams too.

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July 10, 2018, 01:34:38 PM
 #264

I think you're right . if there is no project of whitepaper . project-scammers
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July 10, 2018, 01:34:48 PM
 #265

I have repeatedly met ico without whitepaper and not all of them were scam.
But as for me, this is disrespect for their investors, people need to know what they are investing in.
We need to be more strict about such projects.
roxbit
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July 10, 2018, 01:35:49 PM
 #266

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 without Whitepaper is basically a fake ICO (scam) I must say. Because as a token-purchaser, reading white papers is important because it can act as a signal to inform whether a startup is legit or not. So an ICO does not have it then you should not be wasting your money for it. Some white papers are written by lawyers, some are written by people skilled in both business and technology, and some written by professionals with a strong finance background.
acaciosc
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July 10, 2018, 01:36:59 PM
 #267

Whitepaper is the basic tool in order to understand the project easily providing whatsoever that necessary.
I fully support your opinion, whitepaper is mandatory for every ICO project. If there is no whitepaper or at least any technical explanation, this project is a pure SCAM. Every self-respected investor reads a project whitepaper before investing.
abayan
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July 10, 2018, 01:41:08 PM
 #268

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
In some cases where i saw there is no whitepaper and they do it after the ico or an airdrop. If we talk about the money it is good because it was an easy money while in the other hand it is absolutely a scam. How we can trust an ICO without any reports that we can rely particularly its team.

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Maxbold123
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July 10, 2018, 01:41:24 PM
 #269

 It is unreasonable for any serious project offering ICO not to have a white paper. Any experienced investor should see that as a red flag and run for their dear money. What exactly will make me spend on a project without a white paper when am aware of the rate at which people are being scammed with ICO these days.
roglopolo
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July 10, 2018, 01:46:20 PM
 #270

I would never invest or participate in such a project )such projects are not credible
Joriecoinbit
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July 10, 2018, 01:48:39 PM
 #271

It is unreasonable for any serious project offering ICO not to have a white paper. Any experienced investor should see that as a red flag and run for their dear money. What exactly will make me spend on a project without a white paper when am aware of the rate at which people are being scammed with ICO these days.
Without whitepapers in your project absolutely its useless because the participants are not willing to invest or involve in your project , every details and information are important because that is there bases in terms of investment.
RBI
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July 10, 2018, 01:55:44 PM
 #272

With a probability of 99.9%, an ICO that does not have any white paper, or a road map, none of the investors will look, because investing in anywhere is like going and just throwing away your money.
signaturecoin
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July 10, 2018, 02:00:58 PM
 #273

It is unreasonable for any serious project offering ICO not to have a white paper. Any experienced investor should see that as a red flag and run for their dear money. What exactly will make me spend on a project without a white paper when am aware of the rate at which people are being scammed with ICO these days.
Without whitepapers in your project absolutely its useless because the participants are not willing to invest or involve in your project , every details and information are important because that is there bases in terms of investment.
I also do not believe in projects without a whitepaper because I will not be able to find important information about ideas, techniques or leadership. I will remove the project without the wpp in my first investment list.
klavuhn
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July 10, 2018, 02:22:18 PM
 #274

We can't say it SCAM but we have to avoid it. There isn't any reason to choose it because it even has no any goal to make that ICO. Also another people will not believe with that ICO.
caseback
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July 10, 2018, 02:34:56 PM
 #275

True it is very impossible to the ICO's if there is no whitepaper in it,because in a whitepaper there are lots of details on how or what kind/succesfull that project was,so i may say if that ico's has no whitepaper so it means it is not a legit,it is a scam!
GREENch
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July 10, 2018, 02:35:45 PM
 #276

If you have visited the project site at the earliest stage, then the lack of white paper can be understood. But when there is a pre-sale, it seems to me that the document should be at least "working version". But there are projects that have white paper, but it does not bear any information.
The presence of high-quality white paper is necessary for the project. So that investors can understand and grasp the idea.
big kid
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July 10, 2018, 02:36:43 PM
 #277

Yes, White Paper is the most important part of a successful project. If it does not exist, I would not take part in it.
wowprolol
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July 10, 2018, 02:50:57 PM
 #278

A technical document is one of the main decisive factors for investors ...
tak rogi
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July 10, 2018, 02:51:36 PM
 #279

I think it would be better if we get a whitepaper and understand the explanation more deeply, and besides that we also need to see the certificate from the website on the ico.
topico.ooo
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July 10, 2018, 02:56:42 PM
 #280

I think that the project without a technical description of the idea, aka WP, it's wonderful!
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