Does Whitepaper determined credibility of an ICO

[DarkIT]

Whitepapers are certainly one of the core indicators of a strong vs a weak project. If the project looks to have the majority of the technical details nailed down, a very clear interpretation of the project and realistic method to generate a ROI, then these highlight the project as a strong candidate for investment. Though the Whitepaper should be taken as part of the whole picture, including community sentiment, activity and whether or there are big names/firms backing it.

all who will be carried out a project, should have been described in the whitepaper. yeah, but I think that's just one point. the main point in the development of a project is a team that is very serious in developing its products, as well as professionalism of the team. that's what I think.

[mezzaluna]

A lot of whitepapers often indicates that everything being stated in that document may not be true to some but is made carefully by the founders. We need to read those whitepapers because it adds up to the credibility of an ICO but it does not determine whether the ICO is legit. There are some whitepapers that are copied from other platforms but to do that, they have to at least change something in the whitepaper to make it their own. We can look for Alternate Coins with almost the same platform to determine which one is the original and which one is the copy.

[pstraene]

many scam icos had an excellent whitepaper. but it was just paper. envion whitepaper ! and now ? pincoin whitepaper ! and now ? and many many more ! i don't read whitepapers anymore. I read on google and read in professional journals about the project and only trust my instinct

[Mypanara19]

An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.

Of course it is not solely the 'Whitepaper' that could determine and guarantee that the ico or a tokensale will be successful. It will serve only as the detailed guide on what to expect with the project but it is the real progress of the project itself will be the best basis to determine if the tokensale and ico is successful. I also check on the team if they are active with their project.

[Considered]

The whitepaper helps you understand what the project is all about, their goals, their ways or achieving those goals, but the credibility of the ICO is really determined by the people behind the project, after all, they are the ones making all the decisions, so check them up before even reading the whitepaper.

[RadiontLoss]

Whitepaper only points out the mission, vision, goals of the ICO. It won’t add much credibility into the project rather the team will add more credibility if they are good. No matter how well a whitepaper is written, the only way a project will be successful will be because of the team’s hard work and dedication. Anybody can write an attractive whitepaper but few can make a project successful.

[fransxavariustintin]

I think all investors always pay attention to the whitepaper before investing in an ICO, the whitepaper is crucial, because all ICO plans, visions and missions are there, whitepapers are very important for an ICO, I also do not deny that the whitepaper is not an ICO credibility guarantee, I think we need to do research and analysis on an ICO whitepaper before deciding to invest.

[cryptotezi]

White paper only used as a way to refer  the ICO project. It doesn’t determine the credibility of an ICO. It won’t also guarantee that there will no scams! If there found any scam just Google and search for it. Look for the member of the team. And if it seemed doubtful then leave the project.

[IdoandWill]

The whitepaper is just one aspect what you need to look into. Other aspects are a strong team, previous experience, advisors, media interest about project and investors interest in the pre-sale phase as well.

[cryptojohnn7]

In my opinion its not possible to determine the credibility of an ICO by a whitepaper. It only contains their vision and their objectives. Another factors to know about an ICO is to know their background and old successful activities.

[rapsonic1337]

Whitepaper also is one of the assets of the project to determine its uses, but more important to determined credibility of the ICO or the project is the team behind it, because mostly of the scam ICO or project has a fake team, so you must be atleast gathering informations in the projects team.

[gadipas]

Whitepaper can't present about credibility of an ICO. In usually, a good project have prepared everything particular - of course including Whitepaper. But, if somebody want to scam, they will use any humbug to fraud you. So, it's better to find more informations from experts or credible websites before investment.

[KayceeMae]

Just wait until regualtions are in place and ico will stop giving vaporware tokens for money. I still expect dao bubble next year, when tokens represnt ownership.

[inyakizuryel]

An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.

For the most part speculators take a gander at the whitepaper of the activities yet as I would see it validity can't be demonstrated by what's composed there alone. Some ICOs have counterfeit colleagues. Some would simply think about a persuading plan to allure financial specialists to contribute. It's more fitting to check internet based life exercises, wire channels where you can converse with the colleagues and check the occasions they are included with.

[BTCLovingDude]

i don't think so.

whitepaper is one of those things that can be a deal breaker but its existence is not determining anything.
in other words if an ICO has a shitty whitepaper with broken English and nothing to say as its content then obviously that ICO is not worth looking into.
but if the ICO has a well written Whitepaper that  doesn't have to mean it is a good ICO.

[Nisharawal]

An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.

A whitepaper is necessary for every investor who is interested to invest his money into that particular project and i think you it really shows the value behind the project and it has necessary details which will attract investors.

 But whitepaper is not the only source you have, because there are ways by which whitepaper can be plagiarized or copywritten and so you should also look for many other things like their management team, their concept and the core values behind the project, how well the project is been shared and engaged in the social media websites, what are the future plans and upgrades expected in the project and many more.

[classictee]

Absolutely not, white paper will only analyse the content of the a particular project. It will show the roadmap, developers team, the sharing of token and when exchange. Even a fake project can come up with all these in the white paper. But one can get a good ico project by taking time to search about the profile's of the dev team, the advicers and so on.

[DabsPoorVersion]

An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.

What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.

actually most of the information about the project is already in whitepaper, including the public information of the team, their partner, any information about the coin, and anything you will be searching for.

[Ranillo79]

Not even 1%, whitepaolper contain the information and detail idea on how was the plan of the team in the present and the future roadmap. Anyone can create a very best idea because people have wide knowledge. But doesnt mean it has credibility. Even a good whitepaper could be scam. The point is team is the basis for it

[samarabtc]

Yes a well-written whitepaper is able to create an appeal towards the investors. So whitepaper is quite important to be good. And every investor should also go through that properly before making investment.