For a crypto beginner like me is the so-called whitepaper some I should count on when doing research? people are still talking about the whitepaper of crypto projects but few people said it doesn't matter.
One thing to look into in a certain project if it is reliable or not is the whitepaper but for now, it looks like it is one way to fool investors. Because the truth is that not all investors care enough to read the entire thing, not are able to recognize if that project is legit or not. Sadly, whitepapers now become the reason why people lose their money, unlike how people valued this before. It is very unfortunate that the market changes almost everything and it was really hard to tell which project is legit and sustainable long-term.