reading whitepapers is a great source of information for new people to the cryptospace, alot of these concepts seem very not needed sometimes I recommend you new folks to read Mybit whitepaper it will definetely open your eyes to a few pockets of the blockchains usage with certain sectors of the cryptosphere.
Anybody else has a couple of informative whitepapers, that opened your eyes to a certain technology or undervalued market or just good information?
Im about to read deeponion's!
I am pretty sure that not many people read whitepapers. But those who do - they develop.
I usually skip all technological side cause I am not a tech guy, and concenrate on general idea, global vision (what project is going to achieve, which problem to solve), team, advisors and hardcap (plus % allocation to the crowdsale).
I see that today people used to follow influencers and have very little personal understading and expectations. Currently market ignores some great projects because nobody from influencers speak about them - everubody is looking for new ICO with X2-4 forgetting that there are old great projects that are ready to explode.
Unfortunately, I agree. Not very many people read the whitepaper because to them its just useless knowledge, or they treat it as "too" technical to read that, even if they did, they would not understand what's in it. However, I would always say that it's important to read the whitepaper because it's where the important information is about the project or coin you are investing in. If you are a really vigilant cryptocurrency user, then you would spend the time and effort to understand and learn what's in the whitepaper because it could help you determine if that project is for you or not. What's worse is that those people who didn't even bother to check the whitepaper always complain of joining failing or scam projects, when they brought it upon themselves.