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Author Topic: Does Whitepaper determined credibility of an ICO  (Read 2058 times)
SamboNZ
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August 19, 2018, 01:22:12 PM
 #101

For me the whitepaper is not enough, the project must be good and so as the team. I've read a lot of whitepapers and I've seen that their goals are the same with so many unknown team members.
anti76
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August 26, 2018, 12:23:31 PM
 #102

the success of the ICO is, of course, determined not only by the whitepaper.at this stage of ICO development there are a lot of risks.I already on the intuitive level determine a good project or a fraudulent one.
Anita1873
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August 28, 2018, 03:49:53 PM
 #103

In my opinion, the whitepaper does not determine the credibility of an ICO, Its give you the detailed information about the project only and not give the surety of success of the project. The success of any projects depends on its service or product and how much need of that kind of service or product in the community and it depends on the team and the developers too behind any project.

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Buttonluck
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August 30, 2018, 08:15:16 PM
 #104

I think that defines Whitepaper the credibility of the ICO. Execution of the road map is just as important. Everything needs to be considered before investing in ICO.
blokceyin
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August 30, 2018, 08:20:44 PM
 #105

Most of them are just consist of copy-paste these days but if they are explaining the project uniquely and seriously it definitely takes my attention.

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jrvictor
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August 30, 2018, 11:49:23 PM
 #106

In my opinion yes. If the team can not make decent whitepaper, then how they will create huge and complicated project?
BQ
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August 30, 2018, 11:52:41 PM
 #107

A well written whitepaper is a good sign, but a whitepaper itself doesn't guarantee the developer team can deliver the product! when you're researching an ICO, make sure you look up the team members, are they legit? experienced? etc. I wrote a guide here with some more information: https://bitcointalk.org/index.php?topic=3760625

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August 30, 2018, 11:55:01 PM
 #108

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.
Whitepaper alone can't vouched for the credibility of an ICO considering that there are a lot of scammers out there trying to fool investors with their copied whitepaper from another ICO. But if you find a legit ICO, i recommend to read their whitepaper because it would help you understand their project more.
blackhawkeye1912
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August 30, 2018, 11:58:06 PM
 #109

Whitepaper, indeed, is one of the most important part of an ICO. However, these days with 90% of the ICO's are failed and/or scam, these whitepaper only serve as SWEET WORDS with no value. They only serve as convincing elements of ICO's. It is actually better to check the people behind them than the sweet words in the whitepaper.
deceno
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August 31, 2018, 12:00:06 AM
 #110

Yes, when a project is produced. First of all, there must be some ideas. And these ideas are included in the white paper. So let's see if a project is good or bad. I can read his white paper.
Siren
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August 31, 2018, 12:06:03 AM
 #111

No not at all,but atleast investors and even bounty participants may have something to read and basis on how the project might go.if this one is legitimate or shady there will be comparisons to other active project or those past projects,because most of the scam whitepaper was copycat from the old and new ico or if not atleast almost the same
Cryptokeke
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August 31, 2018, 12:09:03 AM
 #112

In my side i think whitepaper actually a tool to understand a project if it is going to b successful, if it is a good project and so on. Whitepaper determine the flexibility of the project and what can you get and what benefits can you gain in it.
Cryptolord_ng
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August 31, 2018, 12:16:55 AM
 #113

White paper or no white paper, a scam project will still scam investors but for me I still belief a good project most have a well written white paper, that show the team knows what they are doing.

hildacitra
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August 31, 2018, 12:19:19 AM
 #114

It is a definitely there in ICO because all about the projects, the product to develop, the road-map, how to reach the goal anything else, are stated in the whitepaper. It is for persuading the investor and to get much fund for the ICO, if the goal or fund target not reach, all will be returned to the investor. Therefore, whitepaper it the most important in the ICO.

fuer44
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August 31, 2018, 12:21:08 AM
 #115

actually if you want to read carefully, yes. all ico project reviews, it's on the whitepaper. but some people, are lazy to read it because it is very long. before investing in ico, reading whitepaper is very important. because of the explanation about the ico project, everything is on the whitepaper.
arthur305
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August 31, 2018, 12:27:31 AM
 #116

These days white paper is part of the prerequisite for qualifying a part but definitely not the most important. Don't invest in projects without close main net.
docamvan1997
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August 31, 2018, 12:45:21 AM
 #117

Whitepapers are not all things which determine how successful an ICO will be. We must see all results after activities of the manager team. From that we can predict about the projects. After that we can discuss with other investors about them before investing.
South Park
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August 31, 2018, 01:23:39 AM
 #118

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.
The white paper is important since you can get a lot of information out of it but a white paper is nothing more but the intentions of the developers, I have seen projects that look great on paper but without the abilities of a good CEO the project failed almost immediately, so you need to do a greater research than just reading the white paper before deciding if you invest in an ico or not.

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Babyhouse
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August 31, 2018, 01:33:05 AM
 #119

Whitepaper is only a superficial guide for investors but it does not the represent the credibility of an ICO. There are alot of factors that is needed so that we can say that an ICO is credible.
Getcoinsite
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August 31, 2018, 01:51:10 AM
 #120

One of my basis of learning about how good and reliable the ico project is by looking and checking the white paper and the road map,ofcourse the team behind this ione good factor also.

Many Scammers now are copying or leaning into other whitepaper to look their project valuable but we can compare this to original so we wont be misleading

So far i have joined and invested for more than 10 ICO since i joined cryptocurrency and God is good because i never become a victim of those damn illegal people here
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