Is whitepaper important in the project?

[Nadziratel]

In my opinion its very important to have a good white paper. And you can understand a project its good or not with its white paper. A good project always have a good organized, informative and non copy content in its white paper. They explains everything in the white paper. Without a white paper its hard to understand a project in its core. Most of the time in bad projects there are copy material in the white paper. They skip did ep information about the project. So its always good if a project has a white paper which explain everything.

How many people can really read whitepaper? There are thousands of cryptocurrencies on the market, and I'm sure if they were thoroughly scrutinized, we'd know that many of them didn't have a real whitepaper. Dozens of copies of each other whitepaper ...

[drumamat]

Is it important to research the whitepaper in the project? then is there a right way to find out if their whitepapper is real, not fake? What do you think?

Way to identify counterfeit or copied whitepeper is.It is important or not to analyze this document, you decide. If you are going to invest in a project then you definitely need to look at the details.

[dnsokoljuk]

Sure, White Paper is important part and also important to discover team and product which they offer. White Paper is a soul of project and if WP is clearly explain how project decide some existing problem - this project has a lot chance to be succsesfull.

[Brunus]

The whitepaper is the starting point of any serious project, and it is unthinkable to start promoting a currency unless you are able to understand what lies behind it. It is obvious that you can also lie about a project, but with a little practice you can easily identify scams and losing projects.

[ned.ryerson]

The whitepaper is the starting point of any serious project, and it is unthinkable to start promoting a currency unless you are able to understand what lies behind it. It is obvious that you can also lie about a project, but with a little practice you can easily identify scams and losing projects.

you're right. I often see that scammers themselves do not understand what they write in their white paper. they just don’t understand anything in technical terms and add them just for the beautiful reading

[TomArayaSlaya]

Most of the time it determine how credible the project is Well written papers are indication of good team work and personally I think that makes sense for investors to check out the likely success of the project

[Classica35]

You need to know the idea behind a project, so when you read the whitepaper, you may not yet be able to get the full details about the project, except it is written in a very simple. concise and clear manner. The whitepaper can sometimes be technical, containing technical jargons. Of you do not understand some of the technical terms, you can ask on their social media channel for clarity.

[danggoron]

Of course. The white paper is one aspect that must be analyzed by investors before joining a project. White paper who explains the whole project, vision-mission, targets, which are arranged systematically and professionally will give a positive impression. That is why some scammers try to duplicate white papers from other real projects. To find out whether it's fake or not, you can use Plagiarism checker which is available free or paid on the internet. If necessary, change the PDf format white paper if it cannot be copied.

[Redemption59]

Whitepaper is an important aspect of every project a it serves as a guideline to many. It is important as it helps investors and crypto enthusiast know more about the project, its unique features and roadmap which determines whether the project is a short term or long term investment strategy. It also contains the legality of the project and I think whitepaper is really important to a project.

[Mrsparks]

Is it important to research the whitepaper in the project? then is there a right way to find out if their whitepapper is real, not fake? What do you think?

Whitepaper used to be highly important in the past but this days i think a strong team is a better benchmark for a good project..Majority of the projects i have researched recently with top notch whitepaper have done terribly in the crypto market with some even exit scamming.

[tippytoes]

You need to know the idea behind a project, so when you read the whitepaper, you may not yet be able to get the full details about the project, except it is written in a very simple. concise and clear manner. The whitepaper can sometimes be technical, containing technical jargons. Of you do not understand some of the technical terms, you can ask on their social media channel for clarity.

Only those who has real intentions of developing their platform  has that kind of whitepaper. Truth be told, most of them are copy-and-paste from old projects. Very few is really putting their effort to create their own whitepapers. I believe this is one important aspect of the project to gauge the sincerity of the dev team whether they want to pursue their goals in this industry.

[EmmaBen]

Unfortunately, these days, whitepapers of most projects mean nothing seeing how the crypto space has been bastardised by unprofessional projects seeking for relevance and the opportunity to grab as much money as they can. Back in 2017, most projects were worth something and actually had good whitepapers with decent concepts and roadmaps. Today, the reverse is the case and things aren't looking to change. Only few projects still have considerable whitepapers worth looking at.

[aemma]

Of a truth, it was meant to be important to study the Whitepaper before investing, at least that's what I learnt. But nowadays, it's not so important anymore as most projects are based on hype, and once that takes place all investors will be after hype and not what's written in the whitepaper. Taking IEOs today as example, how many investors really study any project whitepaper? But once it's an IEO major exchanges which of course comes with hype they will forget about the whitepaper and focus on how to participate.

[Ferris419]

of course, it is. Without whitepaper, how can people know a project's details and their main motto? Whitepaper and pitch deck are important for a project. Though most of the whitepaper's words just some black ink, nothing real.

[Polar91]

Is it important to research the whitepaper in the project? then is there a right way to find out if their whitepapper is real, not fake? What do you think?

Right. It's the most important among everything since it explains what the project is all about and what their investors should know. It's easy to identify if a whitepaper is either plagiarized or paraphrased through different tools available online. You will also notice if it's fake if their mission is quite the same as previous projects. On the other hand, don't depend too much on whitepaper since there are also a lot of good whitepapers whom weren't useful due to lacking of implemetation by its team.

[Malamok101]

yes the whitepaper on a bounty projects is very important because it is one of the most sought after details of bounty hunters as it is also a requirement that is very true to your legit project and not a scam.

[TheICE007]

The white paper is suppose to be all about the project. It is very important because in the white paper, you get to find the roadmap of the project and how everything concerning the project will go, but of recent when you check some white papers, it is not just worth reading, so another thing to consider before investing in the project is the team backing the project up.

[Burogh]

The white paper is suppose to be all about the project. It is very important because in the white paper, you get to find the roadmap of the project and how everything concerning the project will go, but of recent when you check some white papers, it is not just worth reading, so another thing to consider before investing in the project is the team backing the project up.

By knowing and reading the whitepaper of a new project, we will get an overview of the product to be produced and estimated future income. Whitepaper might be like a prospectus in stocks and every investor in my opinion should understand the area to be invested

[slaman29]

Whitepaper used to be highly important in the past but this days i think a strong team is a better benchmark for a good project..Majority of the projects i have researched recently with top notch whitepaper have done terribly in the crypto market with some even exit scamming.

Strong team with no whitepaper? I'd never give into something like that. And how on earth would you know about strong teams anyway? Anyone these days can splash out a nice CV with blockchain expert and CSS wizard skills etc. But end of the day, no leadership and no real motivation to build product is going to lead to a project with no progress.

[killerfrost]

Of course the whitepaper is very important. To understand the project, you need to read the whitepaper and draw conclusions, if a project does not have a clear white paper, it could be a scam.