Is whitepaper a reality of the project?

[gurunanakji777]

Many fake ICOs are ruining the credibility of the ICOs. They offer tempting benefits in the whitepaper but in reality it is altogether opposite. How to avoid such fraudster and what we can do to get rid of them? Can we do something?

[OptimusPrime]

Many fake ICOs are ruining the credibility of the ICOs. They offer tempting benefits in the whitepaper but in reality it is altogether opposite. How to avoid such fraudster and what we can do to get rid of them? Can we do something?

No it's not but it's advisable to read them. Some of the ico do something very abstract to its white paper

[Abusadeeq6]

We can't escape from them and things are getting complicated. Some whitepaper are well articulated and the team don't contribute and follow the whitepaper. Something has to be done

[laughingburger]

Many fake ICOs are ruining the credibility of the ICOs. They offer tempting benefits in the whitepaper but in reality it is altogether opposite. How to avoid such fraudster and what we can do to get rid of them? Can we do something?

Whitepaper is just words and anyone can write them till how bombastic as they want whether is the team able to fulfill them we does not have any clue at all. From what i see is that crypto investors trend is slowly moving towards the ICO MVP to decide will this ICO be a potential ICO to invest in. Don't just read whitepaper, you can understand more from whitepaper but the team members and what platform they are doing is a more important factor to attract investors fund.

[Zed0X]

If it is too goo to be true, then it is probably a fraud. If you have doubts whether or not the team can deliver what is written in their whitepaper, try to ask them further details in their telegram/discord/slack. If they're just giving you generic answers, then you might want to stay away.

[Alcor]

It is unlikely that we ourselves will be able to avoid frauds on the part of the ICO teams that make up good fake documents for holding an ICO. I hope for further regulation of the activities of ICO by the states that will check the ICO team and their documents in order to protect the rights of investors and at the same time headhunters.

[tamango]

Whitepaper is important to know what the project is and what will be its features. However it's possibile that it is "fake" so I personally check also team using linkeding and ask directly to telegram group some questions to check if project is real and legit before investing in it.

[icolumnist]

If anyone planing to invest in a project , white paper should not be the only source to relay on .  There are other ways to search for the project and  making sure that it is to right one to go after .

[Lighthouze]

These days fancy whitepapers mean nothing, this is because we've come to find out these guys contract the writing of these documents to professional to make it more appealing to the investing public. Some are even copy of existing projects. It's therefore, not something you should rely on 100% to invest in an ICO.

[Benwilder]

White papers are meant to contain the ideas behind projects but now most are just notes of empty promises.. Team doesn't follow roadmap and its main ideas looks different on the outside

[pelana vreo]

You can read the details of the whitepaper before investing in Ico.Be sure there are no mistakes in writing sentences in the whitepaper because if there is an error they usually do it in a hurry. And look at the team description of the project you are following. Do they have a good team from the crypto background they already have. the active team on the project also affects the project. if they have a good team. they will post every activity carried out by the team in each place on social media.

[Hope15]

I think even if the good words written in white paper can used into scam, the reality of a project is not based on white paper it's based on the team of a project if they really wanted to success they must be true to their customers and community.

[zilzylian]

I used to read the whitepaper before investing. Although there are several other ways besides looking at the whitepaper. I spend a few hours and ask about the purpose of the product they have. Why is the template very important because there are all information such as road maps and some goals to be achieved by the new project

[hermae]

It is true that the whitepaper is very useful for us to read the information we need about the ico, because in it we can find what project they offer, the roadmap and the people behind the project. But there are also some times that even if we read the whitepaper, we could not avoid being trapped in frauds and scams. So, I think it is also best to check the admins and ask more information through telegram,  because if these people behind this ico is really sincere about their project, then they will get back to you and give you honest answers.

[MOProgress]

I think it is not a reality of a project, it is just a proposed plan of the project intend to look, although most projects try the best to be accomplished according to the white paper.