For Bounty Hunters (Do You Have Time to Read the ICO Whitepaper?

[Applechild]

Reading the Whitepaper is for your own benefit and of highest priority to me because I learn something new from it of one industry or the other and their functionalities, challenges and successes  In the first place if you read how can you really run your campaign for them? Whether social media, blog or translation it is necessary to read it for a better representation. I read all Whitepapers I am involved in. Some are large up to 70pages but recently about just 25pages.

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[Osakrita]

I do not read the whole of the white paper, only a general overview of the project, then I check out their ratings ,websites and their smart contract address, They give me a general idea of what project is all about and help me spot any red flags which may spur me to dig deeper.

[bp124]

Well whitepaper is a detailed document illustrating what the development team wants to come up with. Well as a bounty hunter i make sure that i read every bit of the whitepaper to come out with a great content so that my work is not rejected as a copy and paste. Reading the whitepaper also lets you know whether you should sell tokens as soon as possible or hold till project is launched.

[GantVolnov]

First of all let me ask if What is a Whitepaper? The answer according to Howtotoken.com:

By the power of example, you know what it is. A written document to better understand the technical project behind an ICO. But the whitepaper isn’t restricted to ICOs or crypto-space. A whitepaper is a document long used in business.

According to Wikipedia:

“A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.”

Which describes its use the best. It “helps readers understand”, is an informational document meant to deliver you the best information without the PR and marketing filter of the promotional content we get to find on websites, flyers, or advertisement

Lets go back to the question, Do you still have time to read the whitepaper before entering into a bounty campaign of certain ICO? I am very curious why a lot of bounty hunters regrets that they did their best to promote a project thru social media campaign and end up being scam.

Is reading the Whitepaper helps a bounty hunter avoid being scam by scam projects?
Do you really read the Whitepaper or just relying on referral of other bounty hunters?

Unfortunately, I only once read a whitepaper. It takes a very long time and if I'm not satisfied with the fact that I'll read that it's spent time. Basically I choose ICO because of the team, advisers, road map and ideas. That's enough for me.

[zeze18]

First of all let me ask if What is a Whitepaper? The answer according to Howtotoken.com:

By the power of example, you know what it is. A written document to better understand the technical project behind an ICO. But the whitepaper isn’t restricted to ICOs or crypto-space. A whitepaper is a document long used in business.

According to Wikipedia:

“A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.”

Which describes its use the best. It “helps readers understand”, is an informational document meant to deliver you the best information without the PR and marketing filter of the promotional content we get to find on websites, flyers, or advertisement

Lets go back to the question, Do you still have time to read the whitepaper before entering into a bounty campaign of certain ICO? I am very curious why a lot of bounty hunters regrets that they did their best to promote a project thru social media campaign and end up being scam.

Is reading the Whitepaper helps a bounty hunter avoid being scam by scam projects?
Do you really read the Whitepaper or just relying on referral of other bounty hunters?

Ofcourse this is the first thing i saw before i'm joining a bounty, especially signature campaign.
Because you won't get hurt when you already work for months but the reward is so small or even scam

[sammyp]

I hardly read Whitepapers unless I am to write an article about the project. I usually make my judgement base on the performance of the bounty manager, that is I have a critical look at his previous campaigns and how many have been successful. I do a lot of social media bounties so just imagine the number of Whitepapers I will have to read.

[Underw00d]

Friends advised me most of the bounty companies in which I taken a part. Therefore I did not pay attention to the whitepaper of these projects. I read whitepaper on average about 5 minutes it's not so much but I do not always do it.

[DanWalker]

Yes, I study thoroughly almost any project I participate in, including whitepaper. It seems to me that this is the only way to become acquainted the project. It's boring and takes a lot of time, but it gives me  huge amount of information about the project and I choose the best project with such kind of analysis.

[Gheka]

Yes, I study thoroughly almost any project I participate in, including whitepaper. It seems to me that this is the only way to become acquainted the project. It's boring and takes a lot of time, but it gives me  huge amount of information about the project and I choose the best project with such kind of analysis.

Agree that reading the information, the whitepaper from the ico project will give us an overview of the project, help us to realize what this project will bring, value in practice or just a junk project, from there, we will make better decisions in choosing to participate and not participate, avoid wasting time. However, I think not too many people have time as you because bounty hunters are not the main job of many people, they do not need to put too much time into it when they only participate in social campaigns, unless I join the signature campaign, I will read the whitepaper, if not, I think I only consider reviews from other people.

[marcripto]

Before joining a bounty campaign I usually read the whitepaper or, if I have little time, or it is very long, I look for detailed information about the project. The whitepaper makes us understand the potential of the blockchain platform but does not protect against possible scams. We must also check the Team, the roadmap and many other details, to try to avoid scams

[gensol]

Reading whitepaper is important to save time from scam ICOs or low profile ICOs. What I said low profile is that their altcoin has no chance to pump instead it will collapse until $0. Whitepaper is boring to read but once you are used on reading it, it would help you get rid of trash ICOs to stole money without notice like they are not doing a working product and you as an investor has no idea that the ICO is already dead while you are sitting in front of your device waiting for pump. To prevent this situation then try your best to read and understand the whitepaper.

Yes that is right as the whitepaper says a lot about any project and you can easily detect scam projects as most of them are even too lazy to draft their own whitepaper or they just copy and paste other peoples own. The whitepaper as well helps us see their roadmap and know what exactly it is that they tend o achieve and their approach to achieving that. Whitepaper is a good material for understanding any project at all.

[stefanoste]

I think only a few are reading the white papers of the ICO before joining the bounty. Because they can not know which project is good through white paper. They will choose to participate in as many bounty as possible. I think so

[Pa1n]

Whitepaper is the main reason why i should join this ICO. I think , good projects include good whitepapers . But nothing helps avoid scams.

[yanto@1977]

First of all let me ask if What is a Whitepaper? The answer according to Howtotoken.com:

By the power of example, you know what it is. A written document to better understand the technical project behind an ICO. But the whitepaper isn’t restricted to ICOs or crypto-space. A whitepaper is a document long used in business.

According to Wikipedia:

“A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.”

Which describes its use the best. It “helps readers understand”, is an informational document meant to deliver you the best information without the PR and marketing filter of the promotional content we get to find on websites, flyers, or advertisement

Lets go back to the question, Do you still have time to read the whitepaper before entering into a bounty campaign of certain ICO? I am very curious why a lot of bounty hunters regrets that they did their best to promote a project thru social media campaign and end up being scam.

Is reading the Whitepaper helps a bounty hunter avoid being scam by scam projects?
Do you really read the Whitepaper or just relying on referral of other bounty hunters?

Read whitepaper not helping from scam but to understand how to develop the project depend their knowledge and calculation. I not always read whitepaper because I'm not rich person with high education, I just need to know the project concept. If realistic and I see active developer team I'll decides to join, if not I'll leave it.

[labake]

Bounty hunters are the type of people who can't even spell 'Bounty or stakes' properly. I can easily quote a few examples where idiots call it 'steaks'. Reading the white paper is far beyond their level. If they had the technical knowledge to read and understand a white-paper, they would be investors and not bounty whores.

I disagree with you on this, few bounty hunters would be what you qualified them with. I do hunt for bounty and I can’t do without reading through white paper before participating in any project for the fact that I can’t just waste my precious time. Moreover, I do write articles, no way I would do that in the absence of white paper knowledge

[labake]

Yes, I do create the time to read the white paper, I cannot waste my time on what I know nothing about for sure

[Moiyah]

I know the fact that reading the whitepaper may somewhat help us to prevent being scammed by those ICOs. But then, there are times that I admit being lazy reading those, because honestly, most of them were just copied  from  the others.  Technically, when someone is smart enough, just by reading whitepaper, you can easily spot which is just fraud from sincere one.

[rayk]

For bounty hunters I may be wrong but whitepaper has no importance if you don't plan to hodl. Hype is the most important thing realistically.

[3kpk3]

The whitepaper is a technical analysis of the project itself which not everyone can understand clearly. Experience in the cryptocurrency market helps in this case. I usually check the whitepaper initially before deciding whether or not to join a particular bounty campaign. No one can accurately say that a particular bounty is legit or scam based on the whitepaper itself, but it does help to analyse and check what the project is about. I usually clarify my doubts with the team through telegram.

[AK47-]

I don't think that all the bounty hunters have enough expertise that they can evaluate an ICO through a whitepaper. Whitepaper is extremely technical and everyone can't understand that. Moreover, a good Whitepaper doesn't guarantee an excellent project. Scammers can also create a decent Whitepaper and if the company is legit, they might not be able to keep par with their whitepaper.

A written piece of technical document doesn't guarantee a shit!