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Cryptocurrency discussions / Re: The essence of reading whitepaper
« on: October 25, 2018, 05:07:51 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.
So in a way it's like a business proposal for a bank. I read a couple, and it seems it doesn't describe how they will actually get market share. Anyone can create an excellent product, but it doesn't mean much. Anyone can create a youtube clone, but it doesn't mean that it will make millions like the original.