Does the whitepaper explain the legal setup of the business in every ICO project

[jangan]

Most community in crypto world said that Whitepaper is their main basis for us to find out if the ico is legit or not. so I was really curious about this matter anyway actually. Because, there are some ico in the end it became scam project though they have a good whitepaper. So how would you depend on this one? is this true or what?

[dpektemek]

I liken these things to university presentations.As I read some of them, I said what are these ridiculous things?I would like them to be quality-worthy of the system.Maybe they'il be okay in the future.

[gerald232]

Most community in crypto world said that Whitepaper is their main basis for us to find out if the ico is legit or not. so I was really curious about this matter anyway actually. Because, there are some ico in the end it became scam project though they have a good whitepaper. So how would you depend on this one? is this true or what?

Rights whitepaper only explains the details of the concept of a project. complete documents provided when investors ask for details of the project. the whitepaper rarely provides details of the legalization of the project and it is not an obligation for every project whitepaper. Many projects do not reach sales targets, my opinion is not fraud.

[diygirl]

No, whitepaper does not explain the business settings of the ico project. Whitepaper only explains about concepts and other information about the project. And a failed project does not necessarily mean that the project is a scam.

[gerald232]

I see the project whitepaper mostly explains the concept and development of the project. Regarding the legal rules the project is rarely attached. Maybe it's a lack of projects, and the legality of the project must be immediately implemented to reduce fraud projects.