Have really been thinking this for a quite a while now, those whitepaper of any projects really tells us what the project all about. Are they transparent enough to have every project goals in the whitepaper. A lots of projects are out there with nice whitepaper but they eventually failed. How come, what causes the failure?
Of course not. Now many ICO projects copy text from other projects. If you read this text, there is only a set of general phrases and common intentions and little that is concrete. Therefore, if we read such non-specific documents, this is just a testimony that the project is fraudulent or at least poorly prepared.
However, among such projects, sometimes there are good projects with fresh ideas, but one needs to look for a long time.