Can whitepaper still shows the weakness of a project and their team

[TheUltraElite]

For newbies is a copied whitepaper still a red flag for projects?

Why just newbies, it is a red flag for anyone having interest in the project.

I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?

Bullshit whoever told you that or if you made that up. Projects doing a similar objective will fail because they always have some or the other mainstream competitor and crypto is a niche cult, not able to nudge that.

Copying words and copying whitepapers is not the same.

The second one is plagiarism and is unethical, which in this sphere only means one thing: SCAM.

Copying a few words seems like the bullshit that such scams feed its possible investors. Do some language checkup of possibility of translated language and you will find out that word spinning was done to fool users. This is very common among scammers.

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

Always a scam. Not an ounce of doubt here.

[crwth]

Do you even know what the whitepaper is for? I don’t know where you got that information from where it doesn’t matter much anymore, but it’s the soul of projects in which you would know what the project’s objective is for. This should also have some related literature in which you should have a supporting study to improve the project.

Do not invest in something plagiarised or just duplicated of one because that’s probably something that isn’t ready and worthy. Imagine investing in a class B that is just a copy of the original. Do you think it is worth it?

[Coyster]

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

Mind you that even these days projects that have original whitepapers written by themselves from scratch are more often than not scam projects, not to talk of a project whose team is so lazy that they can write out what the objectives of their project is by themselves in their whitepaper, but have to copy and paste that of another project, that is definitely an obvious sign of a scam project that will either run away with people's money, or produce worthless coins that would be useless even right from the moment of distribution.

Having said that, a whitepaper remains very crucial in an investors assessment of a project and its potential, though there are also other things to look out for, and even if it is practically impossible to know if a project is/will be good/bad, it's much more better to avoid those that look so shady from the beginning.

[Myleschetty]

For newbies is a copied whitepaper still a red flag for projects? I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

Yes, the whitepaper still shows the weakness of a project and its team because the level of the project team's enthusiasm for what they are planning to present to the world will be showcased through the whitepaper. Besides, the whitepaper is like a parking slot for a project among others.
People who are guilty of whitepaper plagiarism are always teg by the DT member.

[vv181]

A whitepaper is a representation of a whole idea, the unique selling of the platform/product, and the pain point of the customer or market. The essence is a manifestation of a goal about the project, where it was from and where it is goings. The problem is, even if the utilities/type of some project is closely similar, there will always be that differentiate between those two.

Suppose projects trying to solve a similar problem, surely they won't also do it in a similar manner. So it should be a red flag if some project just won't bother to write a proper and professional whitepaper, it doesn't solely guarantee how successful it is, but it does could indicate the quality of the person who runs the project.

[Anonylz]

Let's be honest, how many investors of crypto that spend time reading the whitepaper or invest because of what is written on whitepaper?
If whitepaper was an important factor in the past I don't think it is anymore. What am saying is, WP is no longer a necessary factor to invest in a project,  with or without it, any serious team will deliver.
Lots of failed projects with flamboyant whitepaper,  if was the backbone of a project, they won't end up as failure.

[Jackl87]

For newbies is a copied whitepaper still a red flag for projects? I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?
What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

I would say a copied whitepaper is definitely still a huge red flag for everyone that is considering to invest in that project. I mean if the team behind that project did not even take the time to write a good and detailed whitepaper, then this automatically means for me that the project itself is also not to be taken seriously. A whitepaper needs to explain what the project is trying to achieve and also give information about the tokenomics, the team behind the project the roadmap and so on.
Of course if you are investing into meme-coins (shit-coins) then the whitepaper does not matter, as the project will be dead again in a few days anyway.
Good projects still have good whitepapers though.

[decodx]

I think the whitepaper is one of the core components of a good project. You could use whitepaper as a good first step in deciding whether or not to invest in a project. Or, you could use whitepaper as just another piece of information in your final decision-making process. Whatever choice you make, make sure that it serves your purposes best.

In the end, you will have to decide what a whitepaper means to you as an investor. But one thing I can confidently say is that if you see a whitepaper that is plagiarized, inaccurate, has grammatical errors or poorly written in general; then it's almost certain that the team behind the project are not serious about their project at all.

[Oasisman]

For newbies is a copied whitepaper still a red flag for projects? I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

If it's a copied whitepaper, it is not necessarily a scam or a red flag. However, you might not want to engage in it because the fact that they can't even create their own unique whitepaper, regardless if they have similar goals, utility, and anything like that. What's important is the sincerity of the devs and the team behind the project to make things happen positively and to bring their project at the top of the crypto market. Now, the first indicator for that is the whitepaper.

[Quidat]

For newbies is a copied whitepaper still a red flag for projects? I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

Always look for the original and never ever consider out on investing into projects who do copy out whitepaper on other projects which i do always have that impression
that they arent really that good to invest on because they arent really that serious into the project which it would really be just right that they should create on their own
despite on having similarities on other projects but it wasnt really that good thing for you to copy out on others write ups, specially if we do speak about
white paper which is really a very crucial object on a particular object.

[batang_bitcoin]

It's still one big factor so, if they have copy pasted it from somewhere else then it's a big red flag. You don't want to invest into projects that can't even make their whitepaper because it's like where everything is written together with their plans, so, you want to make it easy by finding it out that they've got really plans or they've just copied it.
What do you say with that? You want to invest into a project that has just been copying others plan or those with an actual plan and does their own thing?

[Stalker22]

One of the most popular altcoin or ICO-related question in today's time is whether whitepapers matter. Well, it does matter.

Whitepaper definitely shows that the team behind it has already thought through the process of their project and how they want to bring it to life. Making a good whitepaper is not a simple thing, but having one just makes us believe in the project much more than if there's no whitepaper at all, or even worse, if it was copied from another project. White paper is the first step that a project team can do to expose their idea to the public and if the white paper is copied, it would be the first signal of scam alert. If a project says that they can do what hundreds of other projects have failed to achieve, then they need to offer something unique and not simply a whitepaper that comes from a template. That whitepaper is worthless.

[Fatunad]

For newbies is a copied whitepaper still a red flag for projects? I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

If it's a copied whitepaper, it is not necessarily a scam or a red flag. However, you might not want to engage in it because the fact that they can't even create their own unique whitepaper, regardless if they have similar goals, utility, and anything like that. What's important is the sincerity of the devs and the team behind the project to make things happen positively and to bring their project at the top of the crypto market. Now, the first indicator for that is the whitepaper.

I would say the same thing which if they dont have time nor put up some effort on making their own whitepaper then you can already presume out that the project team arent really that serious in towards their project
and as an investor then this is something which isn't really that appealing into your eyes.Just like the rest then i would simply skip out and find another project for i am able to invest which is something you could
see that they had put up effort and not copying WP but you should bare up in mind even though its unique or they made up themselves it wont automatically means that you would be successful
into that kind of funding or investment.There's no assurance since every project could turn out to be a scam.

[coin-investor]

For newbies is a copied whitepaper still a red flag for projects? I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

You can hire people here and on Fiverr to create a whitepaper for you and investors will be impressed with the whitepaper. Still, it's not only the whitepaper that can make your project good in the eyes of the investors, the team composition and their past experiences and their partnerships is a significant factor, but we have also seen a lot of copy paste or edited whitepaper, a legit project will not do that, they have a concept on their own, not something that they take out from the other projects.

[Rengga Jati]

The whitepaper is one of the elements that we can analyze to reach a project. From the Whitepaper, we can see the concept of their project clearly, the roadmap, technology offered, schemes, team, and also other important information commonly written on the whitepaper. If the originality of a whitepaper is true and the authenticity can be verified, at least, we know that the team is serious about making their project wth their own WP. At least, they tried to do the least element of a project that should have clear and exact WP.
But once more, WP is not only the element that is important to cosnider. We must also know and analyze whether the WP also confirm and inform about what utility and use case of the proejct. ALso, the development of the project whether it is suitable with their roadmap or not. The development and progress of a project is very important to know how serious and hard the team is trying further.

[X-ray]

Whitepaper has been representing the future vision by the team yet this is not a good indicator to think if the team is legit or reliable compared with another team. The fact that if this time so many people aware about the team can use the whitepaper as a way to make sure people believe in their vision when reality will always be the opposite thing from what already stated in the whitepaper. I personally never take whitepaper as a serious thing for that. In my opinion if whitepaper is not a reliable indicator anymore.
It's still matter to the people who trying to invest but it's not a thing that guaranteed if that project will not be a scam. I see that so many projects dead even they have good whitepaper.
There are so many copy paste whitepaper as well.

[harizen]

For newbies is a copied whitepaper still a red flag for projects?  

I think a newbie can even answer this. Obviously, a copied whitepaper is a red flag. How come these project owners can run smoothly their projects if they can't even work to make their own whitepaper? Regardless if the use-case is almost the same, it's a shitty move for them to just copy another project's whitepaper.

Where's the seriousness?

I heard they don't matter much anymore because big projects do the same thing too, if two projects have the same goals or utility one can copy the other, change some few words here and there?

Can you give us the names of those "big projects" that have a copied whitepaper from others?

What advice can you give me based on this? Is it right to say, yo any project that has a whitepaper that looks like another project is a scam or  bad for investment.

After doing some research about the basic factors to look at a new project, lurk on their discussion group to see the pulse of other people there about that project. I'm sure you know the difference between real users and shillers there.

[TimeTeller]

Whitepaper has been representing the future vision by the team yet this is not a good indicator to think if the team is legit or reliable compared with another team. The fact that if this time so many people aware about the team can use the whitepaper as a way to make sure people believe in their vision when reality will always be the opposite thing from what already stated in the whitepaper. I personally never take whitepaper as a serious thing for that. In my opinion if whitepaper is not a reliable indicator anymore.
It's still matter to the people who trying to invest but it's not a thing that guaranteed if that project will not be a scam. I see that so many projects dead even they have good whitepaper.
There are so many copy paste whitepaper as well.

I have the same sentiments as I've seen comprehensive whitepapers and yet, they ended up bad.
Much better, if you will check their use case and their objectives. Will it attract great number of users long-term?
Or do they have working app or services already? Because even if the concept is very noble,
it is still up to the team how they will implement it in real world.
Thus, whitepaper is not the ultimate reason why a certain project can achieve success.

[dansus021]

as far that i know that whitepaper can show what the real purpose of the coin and of course this will make what the future coin will be is it good or not but i usually compare it with roadmap and their achievement

[TravelMug]

as far that i know that whitepaper can show what the real purpose of the coin and of course this will make what the future coin will be is it good or not but i usually compare it with roadmap and their achievement

Well you can just look at Bitcoin's whitepaper and tell us what it wanted to achieved and that should be the content of the current whitepapers that those project that we have right now. The problem is that whitepaper now are also being abuse, many have been copying each other and change the name and claim to be theirs. And if that is the case I wouldn't trust that project. Because the mere fact that they hire someone to write a whitepaper for them (and this person just simply copy and paste), is not a good sign for the people behind that project. So I say that it is very important to read the whitepaper and digest everything first.