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Author Topic: ICO without whitepaper  (Read 7584 times)
PIR
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July 06, 2018, 10:22:17 AM
 #81

Off course white paper is important thing ico ever had without it how can they determine those umber of people who joined them, the amount of allocation or stakes given each participants and also how are they going to update their target or goal in short its the very clear evidence if ICO is legit or not unless the white also is one big scam that's another story.

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betty11
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July 06, 2018, 10:28:59 AM
 #82

Any ICO without white paper has actually has just planned to fail. It shows they lack plan and direction. And the only mission is to collect fund from the public and shutdown. Comrades when you come across such Project, just overlook and walk away to save you from secret pain.
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July 06, 2018, 10:32:30 AM
 #83

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 sometimes meat this project and I didn't join any of it. I didn't join not because I thought it was scam, it just wasn't my area and I didn't like the concept, what they wanted and until this article I didn't think that way, that a project without whitepaper can be scam, nice to read some thoughts in this topic and I hope I'll gain some experience on interesting thoughts of other people experience

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July 06, 2018, 10:36:58 AM
 #84

Most likely, an ICO without a whitepaper is a scam. White paper is a vital part of an ICO that has all the information about the ICO. Without a white paper, how would investors know what that ICO is all about? It clearly states that ICO is a scam.
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July 06, 2018, 10:40:43 AM
 #85

For people without technical knowledge and remote from the blockade in general, several comprehensive methods can be used. For example, I advise you to hire programmers. But it takes a long time to set up the entire infrastructure and start working. Or to order the full creation of the project from the agency ICO
konohlo
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July 06, 2018, 10:42:18 AM
 #86

of course investors will be more careful if they find ICO without white paper. because the white paper contains the goals, ideals, and plans they will make for the future. so how will investors believe if the white paper does not exist?
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July 06, 2018, 10:46:22 AM
 #87

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

if you asked me this is the one that I'm looking to a legit Ico, this is where they write all you need to know about the project and how they are going to accomplish it, without it we can conclude they are here for fast money and they are not worth investing, this is the first sign of a scam ICO.
Idrix1
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July 06, 2018, 10:53:56 AM
 #88

Well,  it depends on the project,  some projects do start their development from building the community member and awareness before the creation of website and whitepaper,  so before concluding,  you need to ask the devs if they have a plan to launch a whitepaper or not.

But keep it in mind that any ico without a whitepaper is a scam.
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July 06, 2018, 10:55:07 AM
 #89

Whitepaper is a proof prove that the project will work and let investors know about ICO, how can't a ICO have whitepaper.
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July 06, 2018, 10:58:47 AM
 #90

Of course, white paper is the basis for us to know what their project here is to know what their purpose is and what their plans are. So if it does not matter how we know what their purpose is and what their bounty is for?

So all the members of bitcoin talk without Whitepaper are sure to be scams! Let's not waste our time here
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July 06, 2018, 11:20:42 AM
 #91

It depends on their reason for not releasing the white paper yet, but i think white paper is necessary because that is where you lay down about the project and how you will go about the project
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July 06, 2018, 11:24:13 AM
 #92

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

What is an ICO without a whitepaper? A SCAM. Even ICOs that end up being scams usually comes with a whitepaper at least. Investors are getting smarter. Most won't even blink at a project that has a dodgy whitepaper content not to talk of one that has none at all

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July 06, 2018, 11:25:59 AM
 #93

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
Yep, consider an ico without any whitepapers as a scam ico. Why? Cause that's probably an ico that is all talk, no concrete plans, specifications, etc. If the ico would flourish, i won't expect it to last long.
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July 06, 2018, 11:26:05 AM
 #94

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 am sure that all ICO can be attributed to fraud. Of course, the lack of technical documentation is nonsense. I am sure that only regulation of the market will eliminate this problem. Too much scam on the market. We need strict rules for all ICO.
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July 06, 2018, 11:30:12 AM
 #95

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 will not talk it a scam or not, if the ICO does not have white paper, maybe investor confidence will decrease, because I think white paper will be very important in ICO.
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July 06, 2018, 11:34:46 AM
 #96

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

if you asked me this is the one that I'm looking to a legit Ico, this is where they write all you need to know about the project and how they are going to accomplish it, without it we can conclude they are here for fast money and they are not worth investing, this is the first sign of a scam ICO.
No one can waste their time and investment on the project that lack to present their whitepaper. It is the first requirement that being check by the investors because there is where information about the project development is written. It is proof that the project really exist. I do not think that there is a project that become successful without whitepaper because even a project that has whitepaper become a scam. Beware on the ICO that you are participating.

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July 06, 2018, 11:37:10 AM
 #97

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's not an ICO either. Whitepapers serves as guide on how and where an ICO is going to. It is where the platform is written, so if there is no whitepapers then most probably it is a scam.

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July 06, 2018, 11:39:56 AM
 #98

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
Somebody with a little experience on crypto will not invest in a project without whitepaper.It's like a car without brakes, you don't know when you gonna hit something.

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July 06, 2018, 11:48:14 AM
 #99

The whitepaper is of the most important part of the ICO. Here's a good example of a well-written whitepaper https://vlux.io/media/VLUX_Whitepaper.pdf
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July 06, 2018, 12:02:44 PM
 #100

ICO with no white paper is like a candidate to the presidency without the President's program. No one will ever vote for him, and the ICO will be doomed to failure. Now it is almost in fashion to go to the ICO without a real working product. What next? ICO without white paper? Nice future.
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