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

[Escan0r]

For me, can still read the whitepaper or important news about the bounty. Because I want to know how the ICO is for the future. I never directly follow the bounty if I have not read important news about the ICO.

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[worldofcoins]

You don't necessarily need to read the whitepaper to understand whether a project is likely to be a failure or success. That should only be the case when there isn't enough information on their website. If the website lacks a team page, road map and also typically an MVP, then you can just skip right ahead unless it has some big backing behind it.

[Stewart66]

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?

To be honest I rarely read it except when I try to create content to follow a bounty program that requires me to read it to better understand the project so I can pass important points through my content

[Kang Bahar]

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, reading the whitepaper did not give us a guarantee to be able to avoid the scam projects!
- Sometimes I read the whitepaper and sometimes not. Reading all the content of the whitepaper makes me saturated.

For now, I never read the whitepaper anymore. For joining in a campaign, I just wait for the trusted bounty manager to publish a new campaign.

You don't necessarily need to read the whitepaper to understand whether a project is likely to be a failure or success.

Agree! Because in my opinion, who should understand the contents of whitepapers are the investors before they make an investment in the related projects.

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To be honest I rarely read it except when I try to create content to follow a bounty program that requires me to read it to better understand the project so I can pass important points through my content

Yep, that's the best way for a content creator to get inspired. Because reading always can give us an inspiration

[Ethan Becker]

I always read it. But often I don't read everything. I always read what a token is needed for and how it will be used in future. Also I read about team and see roadmap.

[swissgang]

I don't have time to read the whitepaper and also I don't think I need it for the bounty, I only check the team etc. and hype level.

[Lanatsa]

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?

Reading white paper is a must, why? because you would able to picture out or do know the entire purpose and plans of a certain project either it would be good or not for long term prospects or having just an another unrealistic goals just like on what we have seen on most project nowadays. Therefore, if you do summarize it all then you can already presume on what would actions would you made.
Hearing others recommendations arent bad as long you had known or have research into the project had been proposed.

[kaltar]

Yes, I always read ICO Whitepaper, because I participate only in bounty campaigns of projects in which I invest. For me, participation in signature campaigns is a form of support for an ICO interesting for me, and now I have high hopes for ICO Eloncity, because I am confident in the prospects and great potential of this project.

[TheNextChampion]

Yes of course i think it's very important if we have a little knowledge of what kind of project that we support. We can have a good idea weather to support it or not but sometimes you know i have a lazy moves of not reading some whitepaper and i only rely on my instinct if i join or not.

[sikko]

I often read whitepapers because you can not trust the project anyway. I also have projects that I hasten into. I expect such projects to finish quickly but be sure to read it is a behavior that will turn you in the good direction

[zero714309]

Sometimes yes sometimes no but usually I see from the webiste,the developer team,the bounty manager and also the number of participants that follow if many members of high rank could be it a good project quality.However it is better indeed,we study the overall project from whitepaper but sometimes there is also a project with the bad whitepaper but eventually successful,the world of crypto is sometimes full of entertainment.

[judyrob]

help avoid the scam doesn't seem to naturally and not entirely true. but at least it could reduce the risk of loss which exists. the whitepaper is important to at least be assured of being able to choose the project and certainly many who use this for consideration. but many also ignore the whitepaper and just following other people only.

[ishinn99]

Sometimes yes sometimes no but usually I see from the webiste,the developer team,the bounty manager and also the number of participants that follow if many members of high rank could be it a good project quality.However it is better indeed,we study the overall project from whitepaper but sometimes there is also a project with the bad whitepaper but eventually successful,the world of crypto is sometimes full of entertainment.

Me too, I rarely read a white paper and as a bounty hunter I prefer the rules and the amount of tokens that will be given aside from checking the website, team members and how active a project.

[caisa88]

Bounty Campaings are an investment of your time. So you should treat it like investing your money into an ICO, which means that reading te whitepaper is one of the most important things that you can do. From reading the Whitepaper you can figure it out if a project is likely to succeed or not.

[An0nyMoose]

Not at all. If I was putting money into the project then I would understand why I have to read the whitepaper to know what is going on with the project but if I am signing up for a bounty what I do is to check through the creators page to make sure that they are really working on it. Also I look at the road map for the project, that gives a good idea for what they are working on regarding the future of the coin.

[gensol]

Yes, I do because it gives me a view of what the ICO is. They are some Whitepaper that after I finish reading them I lose interest in the bounty, so reading a Whitepaper is very important to me.

[sumangs]

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?

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.

[spyderbilt]

whitepapper i think it will still be one useful benchmark in ico. maybe by reading whitepapper will generate a lot of knowledge about ico that we will get so i think reading whitepapper for the bounty hounter will be one of the benefits and it is very important.

[ropyu1978]

well, this is interesting for beginners who are involved in the crypto industry.
like this, I think you can do a lot of things in this industry and not just for bounty, try to read every ico project from white paper and learn other dare so that you gain insight. it is time for you to invest or trade. this is a concept where you try to survive and get involved deep in this industry.

[arimamib]

I personally always read the whitepaper before following the campaign although I do not read in detail but I am looking for some important things to know in the project. because before I joined a bounty campaign I had to know the purpose of the project in order to assess whether it would be in the future or otherwise