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Author Topic: For Bounty Hunters (Do You Have Time to Read the ICO Whitepaper?  (Read 1516 times)
jjeeppeerrxx (OP)
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July 06, 2018, 03:13:48 AM
 #1

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?
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July 06, 2018, 05:55:33 AM
 #2

Read my bounty 60 post during campaign and 1 % this is the reason i joined.

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Nolimitz84
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July 06, 2018, 06:05:36 AM
 #3

I always read the white paper.I create content.Namely, create a video.How can I create a video if I have no idea what this project is.I think the same situation with writing articles.The rest of the bounty members I think don't do that.A well-written white paper is just an excuse to treat the company well.



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&
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supermine
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July 06, 2018, 06:37:36 AM
 #4

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 you need to read the whitepaper before joining in bounties the first reason is to know the idea of that project if that is different from the already existing project then it will have more worth but many projects were just copy of other so it is not worth and the chance of scam as well.But to be honest most of the bounty hunters don't know about anything they will just join in the bounties and start promoting.
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July 06, 2018, 07:14:16 AM
 #5

Sometimes I do read the whitepaper but it doesn't exactly clarify many things to someone who's not deep into the topic. And it's also not a guarantee of anything, either successful either unsuccessful project. Projects with bad whitepapers will succeed, projects with perfect whitepapers (and ideas in general) will fail.
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July 06, 2018, 07:20:17 AM
 #6

To be honest I did not read some of the white paper of ICO projects because it is not the basis for me for a good project. I have joined lots of bounty campaign and some of them have bad white paper but able to succeed on the crpytocurrency market.
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July 06, 2018, 07:56:03 AM
 #7

Reading the whitepaper is a virtue for bounty hunter as it will be the basis where investor will invest their money in the project. A well thought whitepaper along with the timely execution of the roadmap is sometimes a deal breaker to most investors and it would tell the quality that the developers and the management puts to provide a good service or value that the investor would woulnt to see.
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July 06, 2018, 08:21:42 AM
 #8

One of the reasons for me participating in any bounty depends on the whitepaper, I try as much to read what the project entails and every information the whitepaper displays, this makes me confident to embark on bounty and this has really helped overtime, it reduces to the barest minimum for me falling for a scam bounty.
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July 06, 2018, 09:16:20 AM
 #9

Reading the white paper is really a very practical way to distinguish good and bad bounty tasks! I generally read the white paper, but I won't read it too detailed! Because I will combine other factors to decide whether to make this bounty!

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July 06, 2018, 09:26:55 AM
 #10

You probably all know the answer to the question. Let's have a look at a few characteristics of bounty hunters that I've come to know just from reading this forum.

They generally say nothing specific about the project, just "how great it is" and what a "wonderful team and solid dev" or generic comments like that. They even spell things wrong, they invest 0 amounts into the project. The bounty ends and they are in a new project the very same day. They are able to offer nothing if you ask them questions, just tell you to "refer to the whitepaper".

On the other hand, have you seen whitepapers recently? They look less and less philosophical, more and more generic, less and less technical, more and more marketing. Whitepapers used to be written by tech people, now they are done by marketing people.

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July 06, 2018, 10:04:57 AM
 #11

Bounty hunters that dont read the white paper are in my opinion ignorant. YOU HAVE TO READ IT

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July 06, 2018, 11:10:55 AM
 #12

How is that even possible.  I read thoroughly through the whitepaper and view the website examine the team before going for any bounty.  I wouldn't want to do charity work you know.
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July 06, 2018, 11:30:11 AM
 #13

Trust and fully trust the opinion of other hunters for bounty in no case impossible. Everyone should make his own decision after reading the white paper, as this is the most important project document. Time to read white paper should always be highlighted.
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July 07, 2018, 08:34:31 AM
 #14

Sometimes i am read and not,sometimes i see if many perticipant join bounty
I am intresting to join too , because i dont have time to read every ico
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July 07, 2018, 09:09:43 AM
 #15

I will only read the project white paper that I am interested in, because when I am interested I may not only complete its bounty mission, I am likely to buy its coins and so on! Reading the white paper can increase my awareness of the project!
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July 07, 2018, 10:42:27 AM
 #16

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.
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July 07, 2018, 10:48:56 AM
 #17

I am going to invest in an ICO whitelist. I'm just looking at Bounty for ideas and wristbands.
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July 07, 2018, 12:29:00 PM
 #18

I think that reading ICO white papers for investors and bounty hunters is must nowadays, if you are serious about cryptocurrency, and if you want to secure that your investment would make some returns.

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July 07, 2018, 12:49:54 PM
 #19

Yes of course, you need to read it so you can have all of information about their project. It takes time but it is really good so you can assure if the campaign is legit. Do not forget to read the ICO whitepaper. It can really help you to choose the right bounty. The real one who pays the participants. It's better to waste your time reading the whitepaper than wasting your time participating in some shit bounty.
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July 07, 2018, 01:01:16 PM
 #20

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?

Lots of criteria to choose a good bounty in order to avoid a scam. including by reading whitepaper carefully.
I am sure, there is written various kinds of information related to the project that we will follow. it really helps.
and the rest, I chose a team from a project to study because a team with an unclear background can cause a scam sign on a project.

if you want various information related to bounty selection, you can visit this thread, please:
https://bitcointalk.org/index.php?topic=4361004.msg38955921#msg38955921
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