ICO without whitepaper

[goku1525]

I haven't heard of a project with no whitepaper. Wgitepaper is very important because it explains the scope and details of the project. The first thing investors and holders do before investing in any altcoin is to read the whitepaper. Most likely people will think it is a scam if there is no whitepaper, it will be like a building without a blueprint.

It's difficult to trust a, project without whitepapers because this is the one we read if it's legit or not, probably we think negativity when there's no information about they produce.

[1714276704]

1714276704

[1714276704]

1714276704

[retnoanjani]

the white paper is a very important blueprint to describe an ICO project as a whole. If without it, how developers can present their project to the public? It will be very difficult to explain the project's vision and mission if it is not summarized in the whitepaper. Since participating in cryptocurrency, I have never found an ICO that has no white paper, has anyone ever found it?

[CathalG]

I don't think that's true. I participated in very promising ICO projects. Some projects did not have white paper at once. But I believed in the development team and the idea of the project. After a while, white paper appeared. I believe that it is better to watch and study the development team.

But what was the reason for them to not have a white paper? I don't have any thoughts on it. Could you please try to clarify this?

[jayden316]

I never invest in a ico without a whitepaper. It's a stupid adventure, the whitepaper is the most basic of all projects. The project has no whitepaper, 80% failure or scam

[smoker36]

I do not treat such projects positively because the trust limit is reduced and the desire to invest, too, and several times. I avoid such questionable investments in my opinion

[totoy4741]

Project without whitepaper eould definitley a scam for me.. Whitepaper it is a like blueprint where everything explains about the project, what they are goona be using technologies, problems that they are gonna be facing and solutions for it. Without it, it would be very much impossible for project developers to make the investors believe that they working on a project.

[stue]

True, whitepapers are like a container that makes it easy for investors and companies to communicate with ICO ongoing. Without a whitepaper, not only investors will experience difficulties, but the participants will also be difficult in understanding the concept offered bounty, and ICO will be difficult to achieve sales targets. Because investors will find it hard to trust ICO as a land of their investment, ICO will also find it difficult to get support from signature campaign participants.

[flowdon]

ICO without white paper is risky to invest with. if you are planning to invest with new ICO right now and had no white paper better to ignore that one. investors are not happy to see projects that has no guarantee to succeed in the future, they will not invest for a certain projects that has not clear for them what is it for, project developer can run away easily anytime if they want if they want because we didn't know them.

[znakistu]

It seems to me that the ICO without a white paper it's just pointless. This is the main document, and if it is missing, then the trust in such a project will fall significantly

[polladwills]

 I can say that is really important. With or without the whitepaper and it can be turned into a scam anytime. Where are you from dude?

[Lora_ng15]

I would not trust such a project, the document describes the technology and plan for the future, how to trust the prefect who does not have it?

[abitgelluh]

I think ICO without whitepaper is a fraud because whitepaper is very important for investors to know the vision and mission of a ico if without any whitepaper how can we know the purpose of an ICO

[CryptoVal13]

WP is a big part of the whole project, it's impossible to run without it at all. I would be scared to invest or participate if there wouldn't be any guarantee.

[Ryananda]

if I see ico without the whitepaper it's like a company with no accurate explanation of the company, so the clarity is greatly reduced, because for ico it must be written clearly for everyone to believe.

[novie voresta]

Yeah, it's Scam. The whitepaper is the way that investors can find the information about ICO. It includes some details, as well as general information.it's a blueprint of the entire project. If there isn't one. The project is Scam.

[praizepraise1]

Yes you are right about ICO without a whitepaper. Everyone should Avoid them like a plague.

Start ups have high level of risks, but ICOs combine all of these risks, hence the need to read through the whitepaper of any project to see if it is worth investing on. That said, I do believe crypto technology will transform the world in someway.

[iancortis]

creating project without a soft or hard documentations, its a full of risky thing, much better to avoid those not ready team for their own project, i think they only want is to hype their token created by giving away thru airdrops and referrals.

[Thardz07]

Why did you think to ask that question? If an ICO does not have a whitepaper, do you think they have investors? Most of them will think that their ICO is a scam because they do not provide a whitepaper as a basis.

[Fenderr]

Whitepaper is an important document and an integral part of an ICO especially as it concerns requesting people to invest their hard earned money. I'll hardly invest in any project that has no whitepaper as it's tough to know the team, solution they're proffering, roadmap, token matrix, amongst other things.

[dmerrifield9844]

The white paper is on the road map for the future, development. I think projects without white paper are doomed to failure.