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Author Topic: ICO without whitepaper  (Read 7583 times)
alt18coins
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August 05, 2018, 12:56:22 PM
 #581

Whitepaper is very imp for new joiner in crypto.If someone invest in crypto.Whitepaper is like bounty for them.If they read whitepaper they know all thing about crypto and coin in which they are investing.ICO without whitepaper is waste no body can easily understand and no one can't join it.Whitpaper is very imp for ico..
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August 05, 2018, 01:06:43 PM
 #582

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 know what whitepapers in ICO is really needed especially if you are investors.. Because how can you say that the project is really good if it have no whitepapers and if that will happen then definitely that bounty campaign is a big scam...  It is really seen and that a great evidence but if you think it is not well the decision is yours...  Because even us as a bounty hunters need to read whitepapers to know if the project we've participated is really legit...
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August 05, 2018, 01:11:30 PM
 #583

And is it possible that a quality project would be without technical documentation? Personally, I have not seen such projects. White paper - this is the basis of any project, it spells out all the points. I am sure it is the main component of any successful project.

I support you in this thought, in any project there should be technical documentation, so a project that does not have white paper, simply can not be called a project. I do not think that someone will invest in it.

This will make a big doubt to investors who will invest in it and it seems that it will be something that will harm you.
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August 05, 2018, 01:15:16 PM
 #584

How can they describe about their project without whitepaper. personally i don't think about that kind of projects without whitepaper. if they can't provide even a whitepaper, how can they deliver their final product. Even there is a project with highly planned whitepaper we have to consider lot of things before investing.

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August 05, 2018, 01:22:56 PM
 #585

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 ask a very strange question. Would you invest in a project that has only a name and nothing else?? Without white paper, the projects are absolutely nothing and no one will invest in them.


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danim1130
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August 05, 2018, 02:26:07 PM
 #586

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 really think there is such an ICO without whitepaper all of them had it. This will be the basis what will be the future of that ICO. We will not get the idea of the ICO if it doesn't have whitepaper also there will be no investors if that happen Cheesy
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August 05, 2018, 02:27:57 PM
 #587

Don't touch any ICO without the whitepaper! If they haven't been able to do even that, they certainly are not able to create anything, deliver anything at all. That is the very minimum.  Regarding ICOs, do your research carefully and don't trust ICO listing sites etc. because ratings can be bought. Careful research is very important to avoid scams and other low quality projects - don't trust anyone but your own research!

I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...

My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.

The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalk.org/index.php?topic=4431900.0. I dug really deep in their content, and it is really cool stuff Grin But don’t forget your own research!
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August 05, 2018, 02:30:27 PM
 #588

I think you're right. Personally, when I joined the ICO, I was very interested in the whitepaper of the project. I am really afraid of joining ICOs without a whitepaper, they are not credible
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August 05, 2018, 02:39:56 PM
 #589

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

Generally with all legit projects they produce a whitepaper, but not ALL which don't have a whitepaper at the time are necessarily scams- some release their whitepaper after their website etc. but it should always be published at some point! The seeoner the better or it begins to affect confidence.
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August 05, 2018, 02:48:55 PM
 #590

I think you're right. Personally, when I joined the ICO, I was very interested in the whitepaper of the project. I am really afraid of joining ICOs without a whitepaper, they are not credible

But what about those trying-to-be-legit icos that have a whitepaper yet turned out scams? They try to look legit so they can lure the people to invest in their project. IMO, if an ico really tends to scam people then it will be, no matter how attractive their project neither the team.

I'm not saying without whitepaper is good nor we should be more extra cautious in choosing. Remember that before, bitcoin doesn't have a whitepaper too and it came up when it's already in the market.

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August 05, 2018, 02:51:52 PM
 #591

I think you're right. Personally, when I joined the ICO, I was very interested in the whitepaper of the project. I am really afraid of joining ICOs without a whitepaper, they are not credible

But what about those trying-to-be-legit icos that have a whitepaper yet turned out scams? They try to look legit so they can lure the people to invest in their project. IMO, if an ico really tends to scam people then it will be, no matter how attractive their project neither the team.

I'm not saying without whitepaper is good nor we should be more extra cautious in choosing. Remember that before, bitcoin doesn't have a whitepaper too and it came up when it's already in the market.
But that might be done without it, if it's a popular team, and you've heard that there will be projects,
and new ideas that are understandable. Although for new investors and their interests, it still needs to be.
bournekin
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August 05, 2018, 02:55:27 PM
 #592

Personally, I think that whitepaper is one of the important element to exist in an ICO. Whitepaper is a document for the investors to analyze and understand exactly about the project of the ICO. If it doesn't exist, how can we trust it? I think it must be careful when finding such ICO without whitepaper.

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Gringoblin67
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August 05, 2018, 03:03:03 PM
 #593

I also believe in that, Whitepaper promotes the transparency of the project without that, there is sure something that would go wrong at some point. A project must always be transparent, complete and almost perfect that is one of the criteria's in looking for a good project. OPP and MENLO is one of the examples of a good project.


I like Menlo one as well and also looking at renewable energy projects like wepower. What they both have in common is that they are going with the trend of change and are one of the pioneers, in fact. imo, it's a risk I am definitely willing to take.
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August 05, 2018, 03:10:35 PM
 #594

Whitepaper is a best document to demonstrate for investor that ICO is good now. And the information in whitepaper is very important to understand what technology, function of that coin.
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August 05, 2018, 03:16:56 PM
 #595

The white paper is a document which collects all relevant information about the project. Very important. I think they provide relevant information about their projects, one of them is the white paper.
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August 05, 2018, 03:20:50 PM
 #596

Most likely you're dealing with scam ICO run by con artists so lazy that they even don't bother to make one. I can see the reason not to have MVP but whitepaper? It's beyond my understanding  Huh

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August 05, 2018, 03:27:31 PM
 #597

I think you're right. Personally, when I joined the ICO, I was very interested in the whitepaper of the project. I am really afraid of joining ICOs without a whitepaper, they are not credible
White paper is important in the ico project, without which the project becomes unclear. Although the ico project has white paper does not guarantee the project is legitimate, but having white paper will at least reduce the risk of fraud.
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August 05, 2018, 03:31:53 PM
 #598

With few exceptions, most companies will find it difficult to hold a successful ICO without a good whitepaper. One that explains the project scope in detail.
Not everyone has access to the founders. They also might not have access to any webinars ot conferences being held. A whitepaper is something that everyone can find and read.
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August 05, 2018, 03:33:00 PM
 #599

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
For me, I would stay away from ICOs without whitepaper. The whitepaper is the most important part of an ICO in which is described everything and the team hast to care to ensure the standards written down in it. If there is no whitepaper you have nothing to refer at and thats in most cases a red flag maybe.
It's also possible the team was too lazy to set up an whitepaper, because they only want to scam people. There are sooo many scam ICOs right now.
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August 05, 2018, 03:36:16 PM
 #600

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
Usually Whitepaper contains detailed description of major project feature, characteristics and Roadmap development stages. This document can be named "whitepaper" or "shitpaper", but without it investors will have no idea where they put their money.
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