Post
Topic
Board Altcoin Discussion
Re: Is ICO WhitePaper Matter Most?
by
Docbee
on 07/08/2020, 15:43:53 UTC
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.




Honestly, I see many projects taking white papers as a must to have.  Some people do even think the absence of white paper means the project has nothing to offer.  Though this is a document that summarise the idea and the problem the project is out to solve.  But the point is that, we shouldn't be deceived with a well packaged WP, because we've seen many instances like that and at the end of the day, everything turned to scam.  Never use WP as the only yardstick.