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Author Topic: Whitepaper? Do you really believe 100% in any projects whitepaper?.  (Read 1658 times)
Papcio77
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July 11, 2018, 11:02:47 AM
 #21

I do not use whitepaper as the basis if the project is good or not. Whitepaper is easy to do, you just type what running on your mind, amazing idea, great plan but thats not the most important what if it all just good idea but poor in development. Better to regard your analysis in the team activities then after finding good news. Read whitrpaper to know what everything.

Note: whitepaper can be copied, just write any idea
           Just use to know what our the plans ,   
mariayaz
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July 11, 2018, 11:03:50 AM
 #22

Not 100% but it gives you insight of the project and team, so its very important to read about it.

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July 11, 2018, 11:06:25 AM
 #23

In the past, when companies were at least scrambled to the account of white paper, it was clear that they were ready to go further and that the project could be considered for investment, now again it is used for deception, I certainly did not come across some wild scum, but still , Be carefull.
marginal
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July 11, 2018, 02:31:28 PM
 #24

Have really been thinking this for a quite a while now, those whitepaper of any projects really tells us what the project all about. Are they transparent enough to have every project goals in the whitepaper. A lots of projects are out there with nice whitepaper but they eventually failed.  How come, what causes the failure?
Of course I'm not, just the same as in every other area of project documentary, developers can write in white paper whatever they want. So white paper is not the truth of all truths also, you need to believe but to examine.
weborsha
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July 11, 2018, 03:59:34 PM
 #25

Whitepaper is never the problem. There are people behind every idea, so if somebody is responsible for a projects  failure - it is the team. Also, some institutional regulations can occur in the process of a project’s development.

Bttzed03
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July 11, 2018, 04:11:44 PM
 #26

Have really been thinking this for a quite a while now, those whitepaper of any projects really tells us what the project all about. Are they transparent enough to have every project goals in the whitepaper. A lots of projects are out there with nice whitepaper but they eventually failed.  How come, what causes the failure?

This just shows that it takes more than a whitepaper for a project to be successful. Considering it is well prepared, it takes a good team to execute what is written. And a good team will also need a good support (funds). Other cause of failure may also be changes in government regulations. 
krassy
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July 11, 2018, 04:22:43 PM
 #27

The white paper of the project is the main document containing and revealing the idea of the project, the reasons for the ICO, the essence of the project, its goals and objectives, the technical description of the project and the relationship with the blockchain and smart contracts. Believe the white paper or not everyone decides for himself. Now there are people and entire companies that are engaged in the development of projects and the ICO is to collect money, without further development. You can write a white paper for a scam project very well, and not every specialist will suspect a fraud.In addition to white paper, there must be a team with an impeccable reputation, open social networks and able to answer any question about the white paper of the project.
waorana
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July 13, 2018, 08:17:27 AM
 #28

The whitepaper is of fundamental importance for understanding the quality and potential of a project, but this document can not guarantee the success of the blockchain platform. Each project must have a good team with high quality advisors, and above all a certain amount of investors who finance it to achieve its target
matico
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July 13, 2018, 08:20:35 AM
 #29

Whitepaper plan are just plan if they are not been executed as it should. For anything to happen to any project in terms of development, there must be believers in such project. If enough people believe in the ideas of project, such project will have human resource and energy to push forward to development!

desciglio2
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July 13, 2018, 08:25:44 AM
 #30

Everyone wants to explain their project ideally. I never fully believe Whitepapers because they sell imaginations.
When examining the project, we must examine many different influences together. Social media, team and so on...

Sylvial
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July 13, 2018, 08:38:20 AM
 #31

some time ago i would have read the whitepapers and cared about what they have written in it but last year when i started seeing these developers looking for "paper writers" i realized most of them don't even write their own whitepaper for their own project!!!
they pay someone else to write it for them and make it look good. most of them include hyped up subjects like "scaling" in their paper to just get a better pump.

This is the summarily of it all. They include hyped subjects like scaling they know the space needs at this time just to wow people who care to read the whitepapers, but they never have any concrete plans to execute it. The crypto world is awash with so many of these kind of projects and it's so unfortunate.
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July 13, 2018, 08:43:17 AM
 #32

witepaper of different projects to me is more like reading the abstract idea of what the developer had in mind. it doesn't necessarily mean they have achieved what they are introducing in their whitepaper. it just means they tried or at lest pretended to try to achieve it.

sometimes you end up seeing a cool project like Byteball and sometimes you end up seeing a lot of shitty ICOs with well written papers!

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July 13, 2018, 08:46:07 AM
 #33

Have really been thinking this for a quite a while now, those whitepaper of any projects really tells us what the project all about. Are they transparent enough to have every project goals in the whitepaper. A lots of projects are out there with nice whitepaper but they eventually failed.  How come, what causes the failure?
Whitepaper are useful to gain an understanding about what the project is preposing to do. They will not however give you the ability to determine if the project is viable or if the people behind are competent and honest enough to bring it to completion. I treat them as a marketing document designed to get me to invest and treat everything in them with a degree of scepticism until I can confirm that information from a reliable third party source. Always do your own due diligence before investing.

ArkiCrypto
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July 13, 2018, 08:46:13 AM
 #34

Of course not, some or most of the whitepapers are just being copy pasted in others legitimate work. The whitepaper is the main concept of a certain project it shows here how the project will implement, how the project works, etc. all the information can be found here but it doesn't mean that it can become true since it's just a piece of documents with full of words so it's really like a gambling when choosing an ICO since you don't know whether that project will be stay as word or become true.
denis-z12
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July 13, 2018, 08:54:42 AM
 #35

The whitepaper is the most important document that you should read before making any investments to make sure that the project is legit and that there is a use case and need for that particular coin or token.
Sebas.tian
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July 13, 2018, 08:57:08 AM
 #36

The whitepaper is there to give an overview of what the project is about, nowhere does it say that all information in it is true (most of the time it is included in the disclaimer). Hence, I don't believe in it fully. In retrospect, some whitepaper looks professional and credible but in fact it is a scam.

Ridwan Fauzi
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July 13, 2018, 09:12:49 AM
 #37

If they are ICO developers really have a goal to make the ICO a success not only after the ICO is finished should they really be a whitepaper. Which I know, many token projects are only successful after ICO is complete but after its token declines its price or even dead. So I have a conclusion if the tokens can not fight in the market then they just make a scam project.
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July 13, 2018, 09:20:19 AM
Last edit: November 14, 2018, 11:09:25 AM by aotlunla
 #38

Have really been thinking this for a quite a while now, those whitepaper of any projects really tells us what the project all about. Are they transparent enough to have every project goals in the whitepaper. A lots of projects are out there with nice whitepaper but they eventually failed.  How come, what causes the failure?
I think that nothing can actually guarantee that ICO project is legit, even whitepaper. I believe that a well-developed project can make you assume that ICO is worthy...

luyin46
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July 13, 2018, 09:30:23 AM
 #39

The white paper is only a reference, and it can be used to find out whether the team's thinking structure is complete and reasonable, and how feasible it is from real use, including the explanation of the principle. If these are reasonable, then the project will be easy to implement.
swiftbits
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July 13, 2018, 09:30:40 AM
 #40

Because of many project we can't say if the whitepaper is just a copy, commonly they have more than 10pages, we all know it would take time so we can't read it fully, unless you will do some service or promotion for them so you should read the whitepaper for better understanding.

I don'y really believe but whitepaper show what the project is, we can also get information anywhere on their social sites. we can choose whether to believe  it or not.

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