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Author Topic: ICO without whitepaper  (Read 7583 times)
Almasani
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September 09, 2018, 02:27:56 AM
 #961

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

Yes, whitepaper is to bridge between investors and ico. If there is an ICO that does not have whitepaper does not mean that ico is a scam. But for the success of ico it was thinning, because of lack of concept in developing ico.
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Ramzabeoulve
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September 09, 2018, 02:57:19 AM
 #962

I'm not sure that an ICO without a whitepaper is a scam. But we will be very hard to believe, to know more about the project, the whitepaper. To invest in a project, we must make sure that it is truly professional. But without the whitepaper, it would lose the professionalism of an ICO because of lack of investment. It will be very difficult to succeed.
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September 09, 2018, 04:06:13 AM
 #963

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
Well I guess it is a scam because the whitepaper of the bounty campaign serves as the blueprint of the given campaign because it serves as the bridge between the developer and the investor is serves as a way to show the plan and how the activity would go until the end and if it was not present it is hard on what is the purpose of the given campaign and it is a great factor that may the investor would not invest on that type of campaign.
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September 09, 2018, 04:48:38 AM
 #964

Yes that is right its like a false claim that they are legit ! There are many people who falls the same scheme i feel sorry for them thats why always check the Project's Background before investing , much better to based potential investment to existed company like Trustedcar named one of the most innovative Blockchain Technology in Germany by the Federal Ministry for Economic Affairs and Energy. The project aims to provide mobility provider in a manner that users have no long term contracts without ownership of vehicle where they can change car anytime that is listed on partnered Car Dealer Inventory !
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September 09, 2018, 04:54:00 AM
 #965

The White Paper usually gives an overview of the project. The problem the team has identified and how it warns to tackle. Am just wondering how intending investors will be able to do a due diligence if a project does not have a whitepaper. Huh Smiley
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September 09, 2018, 05:01:13 AM
 #966

How could you know the scope of the project if you dont have the white paper? And who will trust a project without a documents and content of the project. Basically whitepaper cant be miss in an ico project  it really matters because investors are basing the uniqueness and potontial of the project base on the white paper. White paper gives a guide and well detailed plan of the project plus the roadmaps and how things will work, dont ever enter a project without a white paper.
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September 09, 2018, 05:05:17 AM
 #967

ICO without whitepaper and roadmap what to invest. One such project is easy to scam. It's crazy to buy them
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September 09, 2018, 05:09:29 AM
 #968

ICO without whitepaper and roadmap what to invest. One such project is easy to scam. It's crazy to buy them
in general, of course this causes many perceptions, moreover ICO is an investment that needs complete information. well, if an ICO doesn't have a whitepaper, I think the ICO isn't ready to be built.

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Jdragon6x6
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September 09, 2018, 05:11:19 AM
 #969

For me an ICO without any whitepaper is bound to fail, not worth trusted and quite shady to begin with. Without whitepaper how can this ICO attract investors and no one will believe in their vision. Whitepaper is important for it kinda gives an idea for investors on how or where the ICO is going and what is its goal.
onlygodknowsx
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September 09, 2018, 05:11:49 AM
 #970

LOL i don't think if some member are still join some bounty campaign without white paper or else your the only one join in that campaign without white paper . The white paper of some project is very important cos more information and explanation are there you can base on white paper is the project is good or not is that project is possible to happen soon or not so how you can join without whitepaper it's totally scam
danwanyd
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September 09, 2018, 05:12:12 AM
 #971

I don't think an ico without a white paper makes sense. It's hard for me to invest in any project that doesn't have a white paper because it's hard to understand the team.
Helen1122
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September 09, 2018, 05:30:37 AM
 #972

It is irrational for any genuine undertaking offering ICO not to have a white paper. Any accomplished speculator should see that as a warning and keep running for their dear cash. What precisely will influence me to spend on a venture without a white paper when am mindful of the rate at which individuals are being defrauded with ICO nowadays
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September 09, 2018, 06:43:43 AM
 #973

The first thing when taking an ico project is checking its whitepaper. I never believed and never invested in such a ico project.
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September 09, 2018, 08:26:12 AM
 #974

Funny thing these days is that some of these icos, one cannot even trust. The Whitepaper is really very important as it's a some kind of guide to the project as a whole, but I've come to lose faith in whitepapers as some of them are just manipulated to suit what the project team want investors to know, some other information, they keep to themselves.
Kofiy
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September 09, 2018, 08:28:39 AM
 #975

Am yet to come across with such ICO project

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September 09, 2018, 08:29:47 AM
Last edit: March 24, 2021, 08:48:21 PM by CrayjeksAjek
 #976

...

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September 09, 2018, 08:45:19 AM
 #977

ICO without whitepaper is the highest degree of scam, they just were too lazy to copy it from a project and change it a little. Always avoid ICO where there is no whitepaper or information about the team.
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September 09, 2018, 10:03:52 AM
 #978

There are cases when the ICO passes without white paper and this was not a fraud, but there were only a few such ICO. Now I would not invest in an ICO, even if it has a finished product.
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September 09, 2018, 11:01:49 AM
 #979

I have not seen an ICO project that did not publish a white paper. The most important part of the ICO is the white paper, so without a white paper project, it must be a scam. At least I am absolutely impossible to participate in such an ICO.
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September 09, 2018, 11:12:06 AM
 #980

there will be no legit ICO without white paper because that one thing that determines its genuineness, in a first place how can  have ICO on going campaign without it? how can they monitor their campaign and advertiser without it. for me it is important for bounty hunter to really look into it before joining any campaign

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