An intending cryptocurrency investors recently approached me for my input in an ICO he intend invest on. And one of my advised to him his to read through the whitepaper of the ICO to determined how credibly and successful the ICO will be.
He then, ask me how sure I am that a well written whitepaper will determined how credibly, trusted and successful an ICO will be.
I couldn't give a clear answer to the question, because I personal know that so many scam ICO have a good and well detail whitepaper.
What's your take on the ICO whitepaper, can the information therein be enough to determine how successful an ICO will be.
For me it doesn't, i will try to tell you about the truth and did you remember about what has already happened with iconomi and any other ico platform that changing the roadmap at the middle of development? Whitepaper just like a concept that has already created like a document and it's not a permanent concept and i think that will not give you a lot of things to determine how good the ico is.