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Author Topic: ICO without whitepaper  (Read 7583 times)
kazakovv
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July 10, 2018, 05:06:36 PM
 #301

Very strange. It is better not to invest in such a project. There may be problems in the future with your investments.

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July 10, 2018, 05:11:16 PM
 #302

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


as I know, most ico have white papers and road maps as a corporate bridge for investors. and obviously it will be very influential in every assessment and research.

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July 10, 2018, 05:11:55 PM
 #303

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 don't believe in such project because that is majorly scam because not to show about the do and dones of that project.. now whitepaper is a short note of the project, i mean a brief and concise explanations about the project so without the whitepaper people won't find interest in participating on such projects.
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July 10, 2018, 05:15:44 PM
 #304

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


you should be more alert, now there are many ico that lead to a scam. and certainly will hurt many investors and the popularity of crypto where the world.
if you get a big doubt do not hesitate to discuss here.
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July 10, 2018, 05:26:52 PM
 #305

Whitepaper is the first and foremost requirement for an ico. Without it, I doubt anyone will invest.
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July 10, 2018, 05:29:22 PM
 #306

I don't think that's possible then we won't have anything to believe on that project, so better go away on that ICO because it's a pure scam. I saw a lot of ICO's which are just copying the whitepaper of other projects so better watch out.
I think that the ICO without a document is pure proof that the project will not be successful. Because this situation says one of two things. Or the team is too lazy. Or a team of scammers.

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July 10, 2018, 08:49:03 PM
 #307

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

White paper is nothing more than a brief excerpt about the main characteristics and plans of the project.
If the development team can talk about their project in a different way, then why not.

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July 10, 2018, 08:51:37 PM
 #308

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 is only one case when project without Whitepaper is legit (or can be legit). It is simple - when they have a working product which you can test you do not need such documentation, however you can still require another data (technical and so on).
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July 10, 2018, 08:56:20 PM
 #309

Why not, if not so much people read it? Now we all know "hype" ICO and where to invest money. Big crypto websites, bloggers and vloggers help us with that. I`ve heard soo many things like this: "Seele/Fantom/QuarkChain/etc - you need to invest! It will make 2/5/10 X!!!" And I asked, "Why?" And nobody knows the answer. They even don`t know what these projects do, they only heard about them from famous bloggers. So, I think that will be interesting to see ICO without Whitepaper but with huge effective marketing strategy.

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July 10, 2018, 09:18:48 PM
 #310

I think it's really difficult to find a new ICO without whitepaper . If most part of quality made ICO's we have nowadays are scam , what can we say about those , who even don't have a whitepaper ? I think those dirty , lazy scammers won't scam anyone , because no one will invest in project , that even don't have a crappy whitepaper ! Industry is moving forward and scammers doing the same , so I think the time of ICO's without whiteper has gone and will never come back .
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July 10, 2018, 09:24:34 PM
 #311

Whitepaper is the first and foremost requirement for an ico. Without it, I doubt anyone will invest.

I think you get it wrong here, the most important thing for any project is the team, the quality of the team truly matters. I have seen so many whitepapper ICOs in this space and fail end well. Personally I won't invest in the project unless it is an airdrop projects, the number of failed projects in the space just keep increasing with time though this is not surprising
akashark
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July 10, 2018, 09:27:57 PM
 #312

Without whitepaper means that project is a scam, it is not true, Maybe they are working for the whitepaper, or they are focusing in other fields. But if a project really doesn't have a whitepaper then I think you should avoid that project. Without whitepaper, how can investor knows about the project, where many ICO scam happening that time without whitepaper means that the project is not good enough to invest money.

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July 10, 2018, 09:42:06 PM
 #313

There cannot even be an ICO without a white paper, because such does not qualify to called an ICO. Also, not all ICO with whitepaper are real, some are scam. I have even seen situations where some ICO only use the idea of others to write the content of their whitepaper.
This should be beyond the whitepaper.
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July 10, 2018, 09:48:46 PM
 #314

It's hard to trust an ICO without any future plans shown in the whitepaper. How do you know what future directions the company wants to go in? Why would you invest in something that has no roadmap, nobody on the team, and no transparent idea? I think you must be careful with any ICO, but especially when it does not have basic information such as the whitepaper or information about future steps or goals of the project.
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July 10, 2018, 10:01:30 PM
 #315

Until I met such projects, well, in those which I participate. And I think that this is a very high probability scam.

avonka
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July 10, 2018, 10:56:16 PM
 #316

I always like to read the Whitepaper of a project as it helps in investment decision making. Without a WP I do not consider  it a
serious project. However I have recently seen  a six month  ongoing project and still not having WP and they say  they do not want
to share some ideas publicly and that it is not a priority for the team at this stage. So, there are exceptions out of the rule, but still I prefer ICOs with WP.
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July 10, 2018, 11:01:28 PM
 #317

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

How do you define whitepaper?
Whitepaper is just a document where all the relevant information about the project is gathered . If they have an alternative source of information with the relevant information, about they concept, their goals and roadmap, it is fine not to have the "whitepaper"

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July 10, 2018, 11:06:07 PM
 #318

Hello author! I think normal project must have white paper but it's not a guarantee for anything at all! Absurd? Yes it is! OK but I still will repeat it any self-respecting project must have whitepaper, onepager for your comfort  and other documentations. White paper can show you all about emission, how much tokens will be burned, how much tokens will move to the team, how much will be freeze and what formed the price. Who will buy it and why! Tokenomy it is very important! Team and background of the team! Road map and disclaimer! Terms and conditions! Jurisdiction etc.

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July 10, 2018, 11:06:43 PM
 #319

Whitepaper is a document in which all relevant information about the project is collected. so very important I think they provide relevant information about their project, one of them in the form of whitepaper.

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July 10, 2018, 11:33:04 PM
 #320

I can only say that the ICO even with the presence of white paper is often a fraud, but those ICOS that are held without white paper are just a regular collection of funds.

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