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Author Topic: Is whitepaper important in the project?  (Read 4375 times)
bonyaserg
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September 10, 2019, 01:52:47 PM
 #161

Personally, I believe that all project documentation should be in full as the user must know all the information about the project. And for the development of any project, you need to know all the subtleties of the development of the project’s business. The more necessary inflation, the easier it is to develop a project in this modern world.
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September 10, 2019, 01:56:50 PM
 #162

I am not reading whitepapers, for me it is waste of time.
Projects could have so nice whitepapers with revolutionary ideas, but in most cases they do not achieve they goals because the team is not enough skilled.

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September 10, 2019, 02:06:23 PM
 #163

in a project, the white paper is very important because it illustrates what a project will do in the future. in addition, the whitepaper also has all the information about the project, starting from the team, to all matters relating to the project.

we can find out that a project can potentially be a scam when the white paper is not made in good form. like the team and background, concepts that are similar to other projects, and so on. Some experience I have gotten is that the project that was just created has a whitepaper that is similar to an existing project, and that can be indicated as a scam, especially if there is no difference in that.

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September 10, 2019, 02:08:52 PM
 #164

developer to explain of details with future chance on terms with the preparation of plan on projects with the investment offers for public audience as the use with reference to helps as improving stakes to deliver with higher limit on nominal of capital with the terms of initiation.

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September 11, 2019, 01:45:11 PM
 #165

Well i think everyone agree that whitepaper is important in the project. Its a complete information about the project that you want join. All the road map, allocation and details put in there. So if you want to long term invesment you need to read the whitepaper.

yes I agree with you, the importance of the white paper because the contents of the whole project or plan they want to launch are listed all in the whitepaper, so I think it's also very important to research or read the whitepaper before investing in the project.
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September 11, 2019, 02:40:08 PM
 #166

in this case the whitepaper is quite important in terms of the projects that I will choose later. I certainly always research and study whitepapers and explore ideas or future project ideas.
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September 11, 2019, 04:10:44 PM
 #167

Previously I thought that nothing can be more important than a whitepaper, but after several years I have finally realised that it is just a piece of paper. The only thing that really matters is the working product.
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September 11, 2019, 04:18:06 PM
 #168

I do not think that whitepaper is the most important thing what you should care when you choose ICO to invest.
I would say that a lot of commits on github are more important that only promises in whitepaper.  Wink
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September 12, 2019, 02:54:45 AM
 #169

I would say it is important if you going to investing on the project.
Putting your money without proper research will be like donating your money.
Whitepaper is a good source of your own research about the project, you will know what are the project's advantages, opportunities, and other things.

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September 12, 2019, 03:21:13 AM
 #170

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?

Of course whitepaper is important, but so does it's credibility and also the fact that if it can be accomplished.
If you ever go through certain whitepapers, you can see very fancy technology or very great written up target that attracts you.
But fact is, it is easy to say and write than to work out and built the real thing

Next, in order to find out if one whitepaper is real or fake, you really gotta read it and understand the whole concept than just trusting what people are writing
Look at the team and find out if the team member exist
Note: Always check out if the team member from the whitepaper are actually existed and check if they are actually participating in the activities of the company

For example, people could just write says that Vitalik are part of their Team. Vitalik does exist but is he really part of the team?
This is all the checklist you should have check before to verify the credibility of a project

- Project Roadmap
- Project use of funding (You don't want one project where it took most of the crowdfunded amount and spent on unnecessary stuffs)
- Team Member
- Timeline of what they going to accomplished
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September 12, 2019, 03:32:32 AM
 #171

Whitepaper plays an important role in the development and success of a project as it forms part of the very few things to run checks on in order to ascertain the authenticity and capabilities of the project. It also gives investors a clear idea on what the project intends to do, how to do it and when to do it as this can be seen from the road map section within the whitepaper.

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September 12, 2019, 06:48:52 AM
 #172

The importance of whitepaper in a project development cannot be underestimated because it serves as the piece which provide all the necessary information about the project, its idea, the team behind and the product of the project. Most importantly, it tells investors and readers the road map of the project.

true, whitepaper is very important because the project development infrastructure is summarized in the whitepaper but the problem is there are many fake whitepapers, many scamers are revolutionizing other project whitepapers to make it look real. sometimes I find it hard to tell the difference.
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September 12, 2019, 08:09:42 AM
 #173

examine in the forum as an indication that includes various ways to determine the project that we are working on or that we are currently running in the same forum as the original, not covering the false results that are in a project container that we are working on.
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September 12, 2019, 08:12:40 AM
 #174

I think the whitepaper for a project is fundamental to understand it. But the roadmap with the dates of the various milestones is equally important. Only after this time will it be possible to see if they are respected or if there is a smell of scams.
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September 12, 2019, 08:34:27 AM
 #175

whitepaper in a project holds all the documents about the project, there are lots of articles and explanations about the project. whitepapper is very important because with the whitepapper many people will become convinced of a project and many people will know the concept of the project

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September 12, 2019, 09:10:25 AM
 #176

in this case the whitepaper is quite important in terms of the projects that I will choose later. I certainly always research and study whitepapers and explore ideas or future project ideas.
Right, whitepaper is one of the most important documents in a project. Before joining a project, you should first check their whitepaper by reading carefully, like financial models, Law problem, and roadmaps for implementation.
If you find a project with an unclear whitepaper, then the best step is to avoid unclear projects like that.

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September 12, 2019, 09:25:59 AM
 #177

Yes, whitepaper is very important for a project. But they are sometimes not followed by the company who created it. And the rules can be changed after the appearance of the token or coin at the exchanges. It is important as it gives an idea what the team want to achieve, but it should not be 100 percent trusted.
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September 12, 2019, 09:27:57 AM
 #178

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?

The whitepaper is a must not because it became the tradition for every project that when they launched their token sales, we need to know what kind of project are they going to do and how it can help to promote the blockchain technology in the world. all of this is written on a single file which we called Whitepaper.

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September 12, 2019, 10:13:50 AM
 #179

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September 12, 2019, 10:30:43 AM
 #180

For sure, every time I am browsing between the new and upcoming projects I tend to take a closer took at their whitepaper which is a pretty big indicator about the potential of the project and even their seriousness about it. So I simply eliminate those projects with sloppy 20 or 30 pages whitepapers.
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