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 the most part speculators take a gander at the whitepaper of the activities yet as I would see it validity can't be demonstrated by what's composed there alone. Some ICOs have counterfeit colleagues. Some would simply think about a persuading plan to allure financial specialists to contribute. It's more fitting to check internet based life exercises, wire channels where you can converse with the colleagues and check the occasions they are included with.
