Who among us here have been victims of almost perfect Whitepaper?
Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.
So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole. 
This is probably the closest thing about whitepaper

I have seen so many whitepaper that are out of this world and to good to be true, but ended out very much different from what they stated in their whitepaper, but we still need whitepaper, but don't believe on it right away there should be a good logic on those whitepaper, ask these people how close the implementation to the real thing, experts analyze a project whitepaper, for legitimacy.