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Author Topic: ICO without whitepaper  (Read 7583 times)
raffraff85
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July 10, 2018, 11:38:50 PM
Merited by acmakc12 (1)
 #321

ICO without  whitepaper is like a coca cola  without sugar. Oh wait a moment...  It's very strange anyway.
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Stormyblue
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July 10, 2018, 11:59:43 PM
 #322

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 has become a necessity for all projects. Because it gives a clear depiction of the roadmap, strategies, the platform or product/prototype of the project and other relevant information. All of the informatiom provided in the whitepaper gives a guide to whether the project is real or fake.
So whitepapers are useful indicators in identifying scam projects.
twitchtver
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July 11, 2018, 12:30:17 AM
 #323

An ICO promoting a bounty, airdrop or whatever without a whitepaper is probably a scam or a really badly made project, ask them for it, or search for them on other sites.
jayco25
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July 11, 2018, 12:36:10 AM
 #324

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 with/o whitepaper is totally scam most of that project is a pump and dump project or if they raise million of money they will run. So do not try to invest your money specially if the team are anonymous. Be careful always choosing coin specially if the project has no direction and just want to raise funds.

#Support Vanig
gabagandalf
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July 11, 2018, 12:40:24 AM
 #325

in an ico without whitepaper, i would be careful. in the present time, every good ico has a whitepaper. therefore, i can not imagine that a ico without whitepaper is really serious.
Danisababy
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July 11, 2018, 12:52:02 AM
 #326

Having an ICO without a whitepaper is somewhat suspicious. Whitepaper is the face of the ICO, it introduces the campaign, the project and the content of an ICO to the investors. So an ICO without whitepaper should not be trusted.
Jaybitcoin2018
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July 11, 2018, 01:21:58 AM
 #327

It cannot be valid for an ICO without whitepaper because it is something a suspicious act of bounty campaign which delt as scam ICO otherwise that is the big reference being a project in legitimacy.
Gerandoong
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July 11, 2018, 01:29:03 AM
 #328

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 think personally, such a project will have no future plans, and most of that Ico is a scammy thing. the whitepaper is important in any project to introduce to the community as it helps someone who is planning to investor wants to join their team. so Without these textbooks, we will not be able to understand the course and the same applies to projects that try to run ICO without whitepaper.

tisoysoy
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July 11, 2018, 01:29:07 AM
 #329

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 think an ICO doesn't have a whitepaper has no boundary and Its nearly scam project because It should be have a whitepaper for the full detailed an ICO and what the uses of token.
Konco126
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July 11, 2018, 02:16:35 AM
 #330

Generally ICO without whitepaper is a scam, but some are not. If the usual manager opens ICO in this forum and can always be trusted then it could be ICO is not a scam. But if the manager rarely opens the ICO you should think first when you want to register.
Deviaan
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July 11, 2018, 02:34:49 AM
 #331

I think this would be a difficult thing to achieve on sales targets in his token own. due to the role of the whitepaper itself is very large as consideration for investors to join in the project itself.
sayyank
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July 11, 2018, 02:51:07 AM
 #332

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

We can't judge all the ICO without whitepaper should be scam or fake project. But in my opinion, i can be doubt with ICO without whitepaper. For me, if i want participate and invest with ICO i must know about the project and read its whitepaper can help me to know about the project. Whitepaper is one of the best thing that we need to help us learn and build trust from the project. I won't participate and invest the project without whitepaper because the project looks like not ready about their target.
gioangelofelix
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July 11, 2018, 06:24:11 AM
 #333

I've only come across one project that didn't have a whitepaper and the whole ico website looked like it was done by a 6th grader.
Scams will at least copy and paste (plagiarize) another projects whitepaper to give the illusion that they are real.

The #1 rule for bounty hunting is to only do a bounty that you would invest real money into.
Would you ever invest in something that doesn't even have a whitepaper?

That's like buying a car that doesn't have wheels...

The reason that you hear so many stories of people getting scammed in bounties is because a lot of these bounty hunters join multiple programs at once.
With so many things to manage they don't take the time to vet the bounty program and end up picking some that suck.

quality over quantity, that is the only way to go about doing it.
Television123
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July 11, 2018, 06:34:30 AM
 #334

Whitepaper is a necessary document to have. All ICO need to have the whitepaper.
But it is not a guarantee!
Even if the ICO has the whitepaper, it can be a scam project.  As you can read / hear everywhere be wise and don't invest into projects without researches, enough information.
Beehives
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July 11, 2018, 06:38:25 AM
 #335

ICO without whitepaper just like a ship without a propeller. The captain said we will go to somewhere and yet the ship stays in the port.
Dont believe on it. You’re just wasting your time and everything.

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Sarisang
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July 11, 2018, 06:41:56 AM
 #336

Whitepaper sometimes helps to able to convince investors. But even this is also not very noted more by investors to invest. about this, there must be and not then is not mandatory because even without reading the whitepaper course many ICO could succeed and thus could beat the ICO has a whitepaper and turned out to be a scam.
Yemmy4eva
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July 11, 2018, 06:42:17 AM
 #337

While I cant say that all ICO without whitepaper is scam, I also cant say they are legit. Only very few survive without whitepaper, but it's a red flag on many occasions.
Whitepaper is very important
lalatao74
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July 11, 2018, 08:49:19 AM
 #338

I think ICO without whitepaper is a scam ICO, because whitepaper is an important part to give more explanation about future roadmap, development, and also how to team their way, so essentially whitepaper is very important in an ICO.
Mercedes1107
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July 11, 2018, 09:01:15 AM
 #339

Whitepaper is a necessary document to have. All ICO need to have the whitepaper.
But it is not a guarantee!
Even if the ICO has the whitepaper, it can be a scam project. you should make your research before picking any project and do not invest into any project that does not have whitepaper
Gwyn
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July 11, 2018, 10:27:33 AM
 #340

Whitepaper is a necessary document to have. All ICO need to have the whitepaper.
But it is not a guarantee!
Even if the ICO has the whitepaper, it can be a scam project. you should make your research before picking any project and do not invest into any project that does not have whitepaper
Yes, what is important is the authenticity of the project. The white paper alone can not be fully understood. It is necessary to assess the maneuverability of the project in all aspects.
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