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Author Topic: The essence of reading whitepaper  (Read 2531 times)

Offline I-Bit

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Re: The essence of reading whitepaper
« Reply #15 on: October 24, 2018, 01:20:16 PM »
Always look out for typos and incoherence in information in the whitepaper because scam projects are always prepared in a haste.
I like you point the clue. I guess people are not really aware about the way to determine a scam indication. Whereas it is what people should look for on whitepaper.

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Re: The essence of reading whitepaper
« Reply #15 on: October 24, 2018, 01:20:16 PM »

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Offline xtian_1988

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Re: The essence of reading whitepaper
« Reply #16 on: October 24, 2018, 01:26:03 PM »
I think its a must for every investor to take time to read the whitepaper before investing,All the necessary information is in their the roadmap the token allocation and what the main focus of the project. Whitepaper can also help you determine if the project is scam. some copies the whitepaper of other project. 

Offline MOProgress

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Re: The essence of reading whitepaper
« Reply #17 on: October 24, 2018, 01:26:45 PM »
Different people have their reasons of reading white paper but I believe that the major and primary reason anyone should focus on is what the project is all about and who is behind the project, what problem do hey intend to solve etc.
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Offline jjeeppeerrxx

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Re: The essence of reading whitepaper
« Reply #18 on: October 24, 2018, 01:49:02 PM »
Whitepapers give investors and bounty participants clue on the authenticity of a project and how well the project can attract investors to itself. This is where the idea, the product, the goal and the roadmap of the project can be found. Always look out for typos and incoherence in information in the whitepaper because scam projects are always prepared in a haste.

Very well said, the first time I created an article review for a project it is because of the Whitepaper's information. Everything is documented on this and is one of the most important things that most people were skipping, they don't even take care and give time reading this the reason lot of people get scammed by scam projects.

I learned a lot because of reading Whitepaper!

Offline jameslysa

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Re: The essence of reading whitepaper
« Reply #19 on: October 24, 2018, 03:07:59 PM »
Whitepapers give investors and bounty participants clue on the authenticity of a project and how well the project can attract investors to itself. This is where the idea, the product, the goal and the roadmap of the project can be found. Always look out for typos and incoherence in information in the whitepaper because scam projects are always prepared in a haste.

yes really because many of us who are lazy to read the white paper causes a lot of ci bounty that is scam, right as you mentioned above something that is a scam is usually made in a hurry and a lot of mistakes, I myself if I want to invest with the amount of money which is pretty big for me, I make sure you have to read the white paper first to reduce the risk of getting a scam or the failure of the ico.

Offline May

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Re: The essence of reading whitepaper
« Reply #20 on: October 24, 2018, 03:15:45 PM »
I make sure you have to read the white paper first to reduce the risk of getting a scam or failure. Many of us who are lazy to read white paper cause a lot of scam prizes, just as you mentioned above something that is fraud is usually made in a hurry and lots of mistakes
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Re: The essence of reading whitepaper
« Reply #21 on: October 24, 2018, 05:16:22 PM »
Yes I agree with you, the essence of reading whitepapers is to gives us informations and ideas about there conceprs in the projects. We can know what is there objectives and visions.

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Re: The essence of reading whitepaper
« Reply #21 on: October 24, 2018, 05:16:22 PM »


Offline bubblebubble

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Re: The essence of reading whitepaper
« Reply #22 on: October 24, 2018, 05:51:28 PM »
Sometimes is important chat directly with team members and be sure that are the same of linkedin profile.

               

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Re: The essence of reading whitepaper
« Reply #23 on: October 24, 2018, 06:40:49 PM »
Whitepaper is very important for a project and you can easily check if one is copied from another using google to detect some scam projects.
                 
                 
                 
                 
                 
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Re: The essence of reading whitepaper
« Reply #24 on: October 24, 2018, 06:49:03 PM »
You are right, projects that have writing errors in the whitepaper will be a big mistake, we can see they are unprofessional and it is certain they can fool us with some errors in whitepapers that we never realized before.

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Re: The essence of reading whitepaper
« Reply #25 on: October 24, 2018, 07:41:35 PM »
Personally, I do not think whitepaper is enough to identify scam projects because with what you said, the incoherence in the whitepaper of scam projects might be very few. Most scam projects have excellent whitepaper. I do read whitepaper to find out the nature of the project and how they plan to carry on with the project.

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Offline Nanagyasi

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Re: The essence of reading whitepaper
« Reply #26 on: October 24, 2018, 07:50:07 PM »
Whitepaper is just like the foundation to a building. Every investor would want to see what you plan to build the project on and how and some other relevant information.

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Re: The essence of reading whitepaper
« Reply #27 on: October 24, 2018, 07:55:01 PM »
Investors will see the quality of the project from the white paper. there will provide complete information and make investors interested in the project.

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Re: The essence of reading whitepaper
« Reply #28 on: October 24, 2018, 08:10:08 PM »
Not a few projects copying whiepaper from other ico projects. it's a stupid thing as an ico project developer. I always research and focus on reading the white paper from the ICO project.
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Offline Abusadeeq6

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Re: The essence of reading whitepaper
« Reply #29 on: October 24, 2018, 08:12:50 PM »
White paper is one of the factors to consider a project as genuine or scam. Reading the whitepaper will elaborate more about the projects and the teams.
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