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

[budi691]

this whitepaper is very important for investors, how the project will run or we can't see from the whitepaper, but how the project will succeed if the whitepaper is the result of plagiarism, they just want to deceive investors,
and for now it's a bit hard to see real and fake WP because they all look the same

[Silberman]

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 do think this is a red flag, now I get that similar projects may have similar white papers as the technology behind the coin is similar or even exactly the same, however if a project that is supposed to be serious and is asking for millions of dollars from their potential investors is not willing to take the time to write something as important as a white paper then this makes me wonder, in what other places they have decided to cut corners? And as such I will never invest in a project like that.

[Cuda911]

There are many projects with crappy team members that just want to make money and do nothing, they are the type that enjoy stealing someone else work and rebranding to their own, it's a very bad act and such projects are considered a red flag if you detect any of these bad acts.

[bitzizzix]

In the past, a whitepaper was a written thesis that was presented to academics for review and possibly publication.
But since the anonymous cryptographer published the bitcoin whitepaper, that all changed.
and now whitepapers are nothing more than a bunch of meaningless technobabbles, stuffed with as many keywords as possible, and usually new projects are mostly copy-pastes of other whitepapers or good whitepapers replaced with just a few words. And the goal is to give investors confidence in the project that the developer is really smart, so that they can't distinguish or judge that some of the content of the whitepaper is a copy.

[abel1337]

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.

Idea is normally copied even outside crypto though having a copied whitepaper is a red flag for most of us knowing that the team don't put much effort in producing their plan and thinking about their utility. Most copied projects are just the improvement of the original one but they hardly beat the other one because of the way of the implementation and the way that the original team build their project. Original project ideas won't go down easily compared to those who are just copy cats.

[TribalBob]

I think the white paper is an initial proposal for a project so that investors can understand it, so if the white paper they provide results from a copy and paste from a previous project without any changes, we can say this project is an incorrect / scam project where introducing products by taking from the project other

[LogitechMouse]

~

To answer your question, whitepaper is the brain of every single project so I think the contents of the whitepaper will show if the project has weakness.

Overall, I think that whitepaper is big deal still. I mean yes I don't invest into new projects anymore but even though a project has a very good whitepaper and it is a legitimate project, there is still a chance that it will scam those investors. I can't remember the last time that I read a whitepaper in full because I'm not into new projects anymore but more of top coins right now.

Whitepapers nowadays are being copied. Whenever you see a project that has same utility as other project then for me, it isn't worth it to read the whitepaper anymore. Well, we have different opinions and there might be some investors here who are still reading the whitepaper of a project whenever they are picking a project to invest their money with but for me, it isn't that important anymore.

[len01]

I heard they don't matter much anymore because big projects do the same thing too

big project? what do you mean big project?
big projects will never do something like this by copying whitepapers or teams to add to their project lists. if that happens it's not a big project but rather it's a scam

if two projects have the same goals or utility one can copy the other, change some few words here and there?

have in common do not have to copy from other projects, it's not good if done it's like just deceiving investors for personal gain and only to get money after that just leave the project.
despite having similarities the team or CEO should be more creative in every way to make things look different from other projects.
and if it only has something in common after that copy everything from another project it's clearly something wrong and don't need to follow

[|MINER|]

I think the white paper is an initial proposal for a project so that investors can understand it, so if the white paper they provide results from a copy and paste from a previous project without any changes, we can say this project is an incorrect / scam project where introducing products by taking from the project other

Yes I am agreeing that, already many who has arrived in forum for scamming those was  get red tag for this coping reason. And this is what op means by weakness. I think to build a potential project I think this side is one of the most big fact . Where their goal, description about the blockchain technology . So this side can also be a weakness for invent planer.

[lalabotax]

If a project copied another project's whitepaper, it should be a serious sign to stay away. It is very clear that the project has no professional teams, and they are not serious to run a project for a long time. Most of the cases of the copied whitepaper, end with scams. So, we can assume that the projects that copied other project's whitepaper, only target to gain instant money. When they already get enough money from fundraising, they will disappear.

[CuriousGeorge]

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

It's not showing the real purpose. Whitepaper can be changed anytime and the roadmap is still easy to be changed by the team. There are so many projects changed their roadmap that already mentioned in the whitepaper. Whitepaper is not viable anymore to be considered as a good indicator to know what will be the real purpose by the team and how team can achieve it. This must be removed as a good indicator to make sure people aware about this.

[isaac_clarke22]

~

I mean newbies would not be able to still see the red flags of a copied WP just yet since they have not read so much WP that they do not even know if the project is a copypasta of an existing one.
I believe you're wrong with "because projects do the same thing too", since they would not be a so-called "big" if they were crap.
Small projects could copy bigger projects though for obvious reasons though can we blame them if they have little to no idea what they're doing with in crypto.

Try to avoid those projects that have copied WP. It is okay to make inspiration of another projects, but to hell make another copy out of an existing ones drives me nuts.

[nurilham]

Yes I am agreeing that, already many who has arrived in forum for scamming those was  get red tag for this coping reason. And this is what op means by weakness. I think to build a potential project I think this side is one of the most big fact . Where their goal, description about the blockchain technology . So this side can also be a weakness for invent planer.

Plagiarism must have this. How can a team considered as a professional team if they are doing plagiarism on the Whitepaper? If I know about it, I will not put my money into the project, because they may be turning int scammers or projects that will be shit projects.

It may not be easy to determine which project that is actually very promising, because mostly, many scammers and also shit teams also have the ability to create a project on the whitepaper seem to like too good to be true. However if they support certain hypes, well, this may be very harmful to newbies.

But in this case, we don't need to only look and analyze a project based on their Whitepaper only. there must be certain other reasons why we decide to invest in certain projetc.

[FinneysTrueVision]

At the bare minimum a new project should have an original whitepaper. If it is plagiarized then I would have no confidence in it being a legitimate project. There are even some websites where you can hire someone to write a whitepaper for you for very cheap. There really is no excuse for copying a whitepaper.

[Nazmul012]

Plagiarism whitepaper can't be expected from professional them. Stealing others work, will never bear succesful for them. In Addition, i haven’t seen any big project yet that got succesful with having Plagiarism whitepaper. This kind of behaviour aren’t good sign for any project. Thats why its better to highlight those project and tag with red flag, so that others can be careful and not being cheated

[dothebeats]

Yes.

One can easily do a search and compare wordings on different whitepapers. Most of the time, whitepapers from new projects are just rehashed version of other whitepapers from other projects. They just change the words and technical terms but the style is mostly consistent all throughout the document. If the team can't create their own whitepaper outlining their project in every detail, I guess that should be an indicator for you to not invest your money on this project at all.

[TelolettOm]

Plagiarism whitepaper can't be expected from professional them. Stealing others work, will never bear succesful for them. In Addition, i haven’t seen any big project yet that got succesful with having Plagiarism whitepaper.

You are right, mate. If a project plagiarizes whitepaper, we can suspect they are scammers or have low-quality teams. It is enough reason to ignore the project, don't think to join the project because the project won't be successful. I also never saw a successful project that plagiarized a whitepaper, it never happened. There are already many projects now, better to choose a project that has no issue with a plagiarism whitepaper.

[Silberman]

Plagiarism whitepaper can't be expected from professional them. Stealing others work, will never bear succesful for them. In Addition, i haven’t seen any big project yet that got succesful with having Plagiarism whitepaper.

You are right, mate. If a project plagiarizes whitepaper, we can suspect they are scammers or have low-quality teams. It is enough reason to ignore the project, don't think to join the project because the project won't be successful. I also never saw a successful project that plagiarized a whitepaper, it never happened. There are already many projects now, better to choose a project that has no issue with a plagiarism whitepaper.

It is just common sense and yet some people do not get it, as an example will you accept the advice of a doctor which later was found out that he cheated his way through medical school? The answer should be no, as suddenly there is no guarantee that he posses the necessary knowledge to be able to help their patients while at the same time they do so without damaging their patients, so at least to me the very same logic should apply to those which plagiarize the white paper of other projects.

[JangoUnchained]

I am not so into a whitepaper anymore, this is what newbies still do, me I will just look into a whitepaper to know what the team have in plan for the project or to understand the projects tokenomics but whitepaper will never be the reason why I pick or reject a project, there are other more factors to look into than whitepaper.

[Wiwo]

If the idea is copied, and it also happens that team members are copied, or fake photos are added to team photos, to which the organizers later explain that fake photos are for privacy, all this suggests that this is a scam. 
At the same time, copying, and even a partial change, speak only of the impending scam. It happened many times. To collect money from future investors, scammers do not disdain anything, add strangers to the team, and copy other people's ideas.

A copied whitepaper is a total turn off for any investor, I can't take any project that copy others whitepaper even if it just a portion of the whitepaper that is copied from other project is still a red flag. If a project can not take the time to right their own whitepaper then it shows that there is no seriousness in them and also show that team project is just a potential scam waiting to happen. Most of the altcoins projects are guilty of this copied whitepaper scam and that is why we have so much scam projects around the altcoin market today.