Is it important to research the whitepaper in the project? then is there a right way to find out if their whitepapper is real, not fake? What do you think?
Of course whitepaper is important, but so does it's credibility and also the fact that if it can be accomplished.
If you ever go through certain whitepapers, you can see very fancy technology or very great written up target that attracts you.
But fact is, it is easy to say and write than to work out and built the real thing
Next, in order to find out if one whitepaper is real or fake, you really gotta read it and understand the whole concept than just trusting what people are writing
Look at the team and find out if the team member exist
Note: Always check out if the team member from the whitepaper are actually existed and check if they are actually participating in the activities of the company
For example, people could just write says that Vitalik are part of their Team. Vitalik does exist but is he really part of the team?
This is all the checklist you should have check before to verify the credibility of a project
- Project Roadmap
- Project use of funding (You don't want one project where it took most of the crowdfunded amount and spent on unnecessary stuffs)
- Team Member
- Timeline of what they going to accomplished