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Author Topic: ICO without whitepaper  (Read 7583 times)
mtrxhasu
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August 04, 2018, 10:27:48 AM
 #541

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!
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RichieLuck
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August 04, 2018, 10:35:02 AM
 #542

I would go away straight away from that kind of "project", if we can call them projects,obviously its a scam. If even so many scam's happens with whitepeper and roadmap. Have your time to analize those kind of projects. Good luck.
ErlindaBit
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August 04, 2018, 10:40:56 AM
 #543

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

100% is a scam project. Do you really not know the purpose of making a whitepaper? How can they (investors) know the project and product, if there is no whitepaper from a project? I think this sounds weird and funny Grin. Projects that don't have advisors are also very doubtful for me.
GoodHounter
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August 04, 2018, 10:54:48 AM
 #544

Yes, ICO with technical documentation causes more confidence of investors, but not the fact that all ICO who have no technical documentation are scammers.
Bunk67
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August 04, 2018, 10:58:13 AM
 #545

ico without a whitepaper is a scam whitepaper is very important to the investor, investor get to know about ico in whitepaper, if an ico is witout whitepaper they are just after fund

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Wingo
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August 04, 2018, 11:01:54 AM
 #546

I can say that the project is 100% scam. The basis for the technical and theoretical framework of their project is the whitepaper. This also cointains the information about the team. In my case, I always look for the team members to ensure legitimacy of each one of them.

Though there are also scam projects with whitepaper. I have seen projects with detailed whitepaper and a working application but still ended up being a scam.
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August 04, 2018, 11:05:08 AM
 #547

Yes I agree with you that ICO without whitepaper might be a scam but it is not only the case. There were some ICOs with best written whitepaper but they were proved scam in the end. But whitepaper is something really very important. It shows what the project actually is, main theme and idea of the project, project's team members information and it's the fact that more than 90% investor invest in the ICO on the basis of whitepaper. I believe you can't call an ICO an ICO without whitepaper.

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August 04, 2018, 11:24:19 AM
 #548

In my opinion as bounty participant a bounty campaign without whitepaper is very suspicious and obviously a scam. Whenever I participated in some project like signature campaign I always find their whitepaper to assured my self that this is a legit.
anil_saini01
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August 04, 2018, 12:36:43 PM
 #549

Whitepaper is the first and foremost requirement for an ico. Without it, I doubt anyone will invest.
Wong Gendheng
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August 04, 2018, 12:58:08 PM
 #550

In my opinion as bounty participant a bounty campaign without whitepaper is very suspicious and obviously a scam. Whenever I participated in some project like signature campaign I always find their whitepaper to assured my self that this is a legit.

It seems like that, I've also followed bounties & airdrops that don't include whitepapers and everyone doesn't pay, big projects and vision of the future of course there must be whitepapers, especially whitepapers can be used as bounties with various language choices.
lutcor
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August 04, 2018, 01:00:56 PM
 #551

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

I think that there are still people who will invest in such projects, but such people are not so many. Therefore, now people are starting to read white paper to understand crypto-currencies and the whole project.
refreshka
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August 04, 2018, 01:07:04 PM
 #552


I have never seen a bounty without white paper. I would be so set up. What then is the essence of the project? Any project should give its participants as much information as possible, otherwise the sense in such a bounty. I do not know, I would not take part in such a project, it's very suspicious.
blokceyin
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August 04, 2018, 01:26:53 PM
 #553

I can not say that ICO without a whitepaper is a scam but can confidently say not worth to invest at all. Some of the projects provide it on request. It is unacceptable.

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Beforemember
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August 04, 2018, 01:33:21 PM
 #554

ICO without whitepaper, you should leave it. Whitepaper is important because whitepaper is a paper that explains the ICO project itself. In a whitepaper there are also team members who will account for the project in the event of a failure. So, the ICO must have a whitepaper

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MNDan
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August 04, 2018, 02:56:14 PM
 #555

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
It is quite strange thing for me I haven't seen that before. Usually every I see all that I am about to invest in need to have a whitepaper, because it will describe me the advantages of investing in the particular Project.
Betapikin042
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August 04, 2018, 09:21:23 PM
 #556

Well I think that is an unprepared ico because white paper is very important that is like and overview of the whole ico
rezveekhan
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August 04, 2018, 09:30:31 PM
 #557

Whitepaper is the most important part of a successful project. ICO without whitepaper it is not good, seems like scam, so investor will not believe for ICO's projects. I think ICO whitepaper is very important because to know their project, and if ICO doesn't have a whitepaper then you have to be careful on the ICO project, and don't ever put your money for investment.
Hivecool
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August 04, 2018, 09:34:39 PM
 #558

I would immediately close such an IKO and mark it out for myself as a fraud. But even the presence of white paper is far from a guarantee that it is not scammers. I saw on the Internet that white paper can be bought for $ 500 and it's terrible
bitgoldpanther1978
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August 04, 2018, 09:36:36 PM
 #559

Whitepaper is the most important part of ICO. It compose of almost all the information of the project (in details). Also, the roadmap in it is another great part of it. And to avoid scam, the people behind the project are thee too. You can do research if they are really connected to the ICO.

ICO won't prosper without Whitepaper.
tuvic01
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August 04, 2018, 09:47:27 PM
 #560

Personally I think in that direction too, there shouldn't be an ICO without a whitepaper, yes you can say that an ICO without a whitepaper is definitely a scam. A whitepaper just as said is a bridge between the investor and the project so there should definitely be a whitepaper that will make the investor and bounty hunter know all about the project.
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