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.
You honestly made my day; I was just laughing out when I am coming across the image you have shared. If I would have come across this kind of topic some two or three years back, that would have changed many things in my investment plans with respect to what I have done with most of the ICOs. At some point of time, people have emphasized about the importance of ICO whitepapers and used it as a tool to identify a right projects.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.
Over the time I remember someone has shared like this: many ICOs has managed to derive wonderful concepts and provided them in whitepapers but for no reason they fail to develop and deliver those things. Because, this is free world and no one need to keep their word after they achieved big money through crowdfunding. This was what exactly happened with most of the ICOs even they had perfect whitepaper.