Is ICO WhitePaper Matter Most?

[john1010]

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.

[Drew28]

I agree to that. A lot of ICOs have very well-articulated whitepaper and yet failed to deliver during their main sale. But to be always on the safe side, make sure that you do research first. Not just the whitepaper but also the team behind the project, their MVP, hear other people's opinion about them in the community, check out their ICO ratings. I have a personal favorite which is VLUX. You can learn more about them here https://vlux.io/

[Zed0X]

I think there's a proper forum to post this one.

[natasha11]

I participated in LEDU ICO, and so far they are following the WhitePaper ideas, so Im satisfied. But I get your point, there are a lot of people with bad experiences.

[Drew28]

If you can check the Road Map of VLUX here: https://vlux.io/, you'll see that you're in good hands with them!

[altcoingamer]

Its so hard to answer this question but I would say yes with exceptions... In my mind a whitepaper only matters if all the other boxes that its a decent project and not a scam are present... Whitepapers in my mind determine the value of a project, not whether its a scam or not.

[Olivia S]

Well, the quantity of ICO riced from 4 per year to 900+per half of the year.
Only one thing which could help them to show up it is their WP. So all of them trying to make it as clear and gold as possible. Pity, but at the end like in each project, the wish of delivering the product higher, and doesn't matter if it would be as great as suppose to.
So all the responsibility is on the investor's shoulders. You always choose. 

[Gong]

White paper is their testament about the project with their plans and road maps. Most investors will look into it to visualize how good it their plan about the project. It seems common on the new ICO to make a solid whitepaper to attract more investors but in reality they are just after on the investors money and make scam exit after the ICO.
Whitepaper is not only a basis on a good project... you should also look to the team behind and the impact of the project to their costumers or community and their execution on the roadmaps. 

[frauswif]

For most projects, the whitepaper is just an idea projected into the future. Only rarely is there a prototype or actual existing product.  When I read whitepaper I try to think about how realistic the plan is and what kinds of assumptions about the market and competition are being made. For example, I've read whitepapers for projects with great ideas but the feasibility depends on huge user adoption. How is the project going to get the users it needs in order to have a working product? Sometimes the whitepaper will discuss the marketing campaign that is planned, sometimes it doesn't mention anything about this issue at all. In other cases, I've read strong whitepapers but when you take a step back you see that the market niche the project is aiming for is already quite saturated one is forced to ask why people would stop using existing services that meet their needs to try something new and unproven? The question of how some of these companies will break into the markets they plan to "disrupt" remains too often unclear. In general, I think it's smart to read whitepapers with an to how practically feasible an idea is. Is the assumption of user adoption realistic? Is there an existing market for the services being offered? What is the competitive advantage over existing services? Etc.

[Lukasz]

A bad wp certainly will attract attention and may discourage investors out of principle not to consider any support to said ico issuer.
Whitepaper is like cv if u don't have a well written pleasant and smart cv no one will take you for the job … but there are exceptions :-)

[Crypto Guard]

Yes. Whitepaper is very essential for an ICO. But, we must consider other things such as their team and developer including the advisors, their toke supply, and wallet transaction. Analyze the project carefully is a must to minimize the scam.

[luvr1000]

Of course, this is important. If you know well the blockchain of the technology chain and are going to invest in the project, then you are studying white paper. But, frankly, I never read it, because I do not understand anything.

[fulled]

For me yes, whitepaper is the main source to learn about ICO before i decide to buy or not, im not listening any review from others people, ive choose my own ico to buy

[moonking]

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.

Oh man, look at that horse behind, so all those amazing futuristic sites are a part of that behind I guess.  Excellent explanation and visual representation.  I think I could write a pretty good whitepaper, especially with help of a team, about something funny, like fish coin, grow fish, make crypto.

[TERENCIO]

Whitepaper is one of the source but sometimes you have to compare others people review and your own study prior in investing any ICO.