The whitepaper is not the only thing you need to check before investing in an ICO.
But I will never invest in an ICO with 0 whitepaper ... so you need a whitepaper too.
Agree. Without a whitepaper then its useless. Well as my self i am not only relying on the whitepaper because if you are the investor is the whitepaper only you want be the base so that you invest on its ico? Well i should also the team how do they manage it or how do they advertise, their background and experience.