Do you read Whitepapers carefully??

[Faisal2202]

With the rise of AI, you could make an AI system read a million whitepapers if you want, or whatever amount you can feed it, and give it specific features and even ask it some innovative ways your project could improve on what exists, so that you could write a whitepaper that looks legit and great, because AI could help you write it, it will write you the best whitepaper you can think of. This means, there is really nothing important about whitepapers, there never was, because a shady person can write a good whitepaper too, there is nothing stopping them from stelaing your money after writing a good whitepaper.

I think the line "There never was" is not right to say because I have read dozens of whitepapers and am still reading many, even if most of them might be written by AI Still, reading about the project is necessary, and we can only know more and more about the project by reading its WP.

I am using AI too, like we have to download the PDF and give it to the AI, and it will read it and can give us summary and pin points, but most of the time they ignore some important information that we have to check manually, like the roadmap, team, and other similar information. I mostly look on WT.

[MRY]

With the rise of AI, you could make an AI system read a million whitepapers if you want, or whatever amount you can feed it, and give it specific features and even ask it some innovative ways your project could improve on what exists, so that you could write a whitepaper that looks legit and great, because AI could help you write it, it will write you the best whitepaper you can think of. This means, there is really nothing important about whitepapers, there never was, because a shady person can write a good whitepaper too, there is nothing stopping them from stelaing your money after writing a good whitepaper.

I think the line "There never was" is not right to say because I have read dozens of whitepapers and am still reading many, even if most of them might be written by AI Still, reading about the project is necessary, and we can only know more and more about the project by reading its WP.

I am using AI too, like we have to download the PDF and give it to the AI, and it will read it and can give us summary and pin points, but most of the time they ignore some important information that we have to check manually, like the roadmap, team, and other similar information. I mostly look on WT.

The whitepaper of a crypto project is a primary source of information about fine aspects of the given project plan, technology, timeline, and people. Whitepaper is probably the most crucial document that describes the technical and the strategic background of a project, and even though today many of those whitepapers can be created with AI or with the help of an automation, it is still a highly valuable resource for an investor or a crypto enthusiast who wants to gain more insight into the project.

Thus, using AI in order to summarize information is indeed convenient, though it becomes helpful when it comes to using it in cases with long whitepapers. But as you pointed out the problem are that AI overlooks sections such as the roadmap, team information, or other sections that might influence an investors decision. It is still mandatory to go through these critical sections in order to get better understanding of a project under analysis.

[libert19]

With the rise of AI, you could make an AI system read a million whitepapers if you want, or whatever amount you can feed it, and give it specific features and even ask it some innovative ways your project could improve on what exists, so that you could write a whitepaper that looks legit and great, because AI could help you write it, it will write you the best whitepaper you can think of. This means, there is really nothing important about whitepapers, there never was, because a shady person can write a good whitepaper too, there is nothing stopping them from stelaing your money after writing a good whitepaper.

I think the line "There never was" is not right to say because I have read dozens of whitepapers and am still reading many, even if most of them might be written by AI Still, reading about the project is necessary, and we can only know more and more about the project by reading its WP.

I am using AI too, like we have to download the PDF and give it to the AI, and it will read it and can give us summary and pin points, but most of the time they ignore some important information that we have to check manually, like the roadmap, team, and other similar information. I mostly look on WT.

I prefer simpler way, if project has working product that'll give more idea about project than reading any WP ever will.

Comment you quoted mentions about writing WPs with AI, some years ago you could hire a writer, it doesn't take much to write WP really, it's one of useless things.

[nakmantu99]

Honestly, not always. What I mean is, sometimes a project's whitepaper is made very complicated, and the explanation is not easy to understand. Personally, I usually only read the points that are most important for me to understand.

I know this is not right because it is still very risky for us to get scammed. However, it is indeed that boring to read the whitepaper. Especially one that is only made in detailed details without many illustrations, it will be very boring.

Yes, although it should and ideally, we should read it in great detail and carefully so that we really understand the meaning of what is written in the WP. However, it is indeed not easy.

I also only read the important points of the white paper because honestly I don't have much time to read everything in detail, I prefer to read the roadmap when I want to invest in a new project, Reading the white paper is boring because they make so many things that sometimes I'm lazy to continue reading it.

[Faisal2202]

The whitepaper of a crypto project is a primary source of information about fine aspects of the given project plan, technology, timeline, and people. Whitepaper is probably the most crucial document that describes the technical and the strategic background of a project, and even though today many of those whitepapers can be created with AI or with the help of an automation, it is still a highly valuable resource for an investor or a crypto enthusiast who wants to gain more insight into the project.

Yep and if we find that the whitepaper is made by AI and the content can be easily identified if written by AI or not and if it tags as AI generated then it will easily give us the idea that the team is not serious about the project because they are not removing plagiarism even then how can they come up with something unique and how can they dedicate their time to it just like many others at the end they will also abandon the project.

Thus, using AI in order to summarize information is indeed convenient, though it becomes helpful when it comes to using it in cases with long whitepapers. But as you pointed out the problem are that AI overlooks sections such as the roadmap, team information, or other sections that might influence an investors decision. It is still mandatory to go through these critical sections in order to get better understanding of a project under analysis.

I only use AI for roadmaps when I have to find something that they mentioned on their site that we can find more information about it on Whitepaper and the whitepaper is too long I don't think the project is worthy to spend some time but just to make sure I am giving glance so in such situations to get quick insights I use AI.

[Faisal2202]

I prefer simpler way, if project has working product that'll give more idea about project than reading any WP ever will.

Comment you quoted mentions about writing WPs with AI, some years ago you could hire a writer, it doesn't take much to write WP really, it's one of useless things.

I have to agree with you nowadays no one really reads WP and they don't even share any technical information too but good projects don't require there investors and users to read the WP but reading the WP is optional if we would read it nothing will be lost means we will get some more knowledge about the project and that's it which is a good thing.

But if the user or investor can easily see the platform's working like UI is good then it won't be a problem for them to navigate and to learn what they offer and what are their roadmaps and the team and the reviews etc.

But still, unlike a normal PDF-type WP, there are other WP that are categorized like details, technical flow, team, and other stuff. This means each and every technical aspect is just written in detail in their WP that's it.

[albon]

Honestly, not always. What I mean is, sometimes a project's whitepaper is made very complicated, and the explanation is not easy to understand. Personally, I usually only read the points that are most important for me to understand.

I know this is not right because it is still very risky for us to get scammed. However, it is indeed that boring to read the whitepaper. Especially one that is only made in detailed details without many illustrations, it will be very boring.

Yes, although it should and ideally, we should read it in great detail and carefully so that we really understand the meaning of what is written in the WP. However, it is indeed not easy.

I also only read the important points of the white paper because honestly I don't have much time to read everything in detail, I prefer to read the roadmap when I want to invest in a new project, Reading the white paper is boring because they make so many things that sometimes I'm lazy to continue reading it.

Usually released before a new project is launched to generate audience interest and raise funds in the case of an ICO Initial Coin Offering. It usually consists of technical data, statistics and diagrams. This is very important in case of new projects as most of the investors want to invest with this in mind. Inside the white paper summarizes the characteristics and goals of a project. The Future Roadmap provides the project's development trajectory and describes the functional distribution and functions of tokenmic project token.

[Aanuoluwatofunmi]

My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???

We may not have to read the whitepapers each time we are making an investment in bitcoin, only if we can read and digest through its meaning, then its something that we can make to be an occasional reminder on what is being stated on it, this will serve as a reminder to us on what is expected of us and what we should also expect from the network when we are investing.

[dekafee79]

My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???

We may not have to read the whitepapers each time we are making an investment in bitcoin, only if we can read and digest through its meaning, then its something that we can make to be an occasional reminder on what is being stated on it, this will serve as a reminder to us on what is expected of us and what we should also expect from the network when we are investing.

In investing in bitcoin and top coins I think we don't need to read the white paper because the coins have been proven and have good popularity and reputation. I am also not a typical investor who has a lot of time to read and study the white paper, I only see the performance of the coin in the market and see CMC.

[enwi]

My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???

We may not have to read the whitepapers each time we are making an investment in bitcoin, only if we can read and digest through its meaning, then its something that we can make to be an occasional reminder on what is being stated on it, this will serve as a reminder to us on what is expected of us and what we should also expect from the network when we are investing.

In investing in bitcoin and top coins I think we don't need to read the white paper because the coins have been proven and have good popularity and reputation. I am also not a typical investor who has a lot of time to read and study the white paper, I only see the performance of the coin in the market and see CMC.

Based on the market position and the popularity of the coins is an effective solution for making investments when there is not enough time to explore each project. Cryptocurrencies such as Bitcoin and some of the above-mentioned altcoins like Ethereum have higher stability than many other crypto projects and therefore the approximate evaluation by market capitalization and data presented by CoinMarketCap may give a rather clear idea of ​​liquidity and market trends.

However, even if white papers are not a priority, knowledge of the basics of newly emerging, high-risk projects can be useful in preventing a loss. While some of these new coins may look good on CMC now they may just be even more prone to pump and dump or regulatory actions. In sum, popularity-based approach can indeed reap benefits at large CAP crypto-assets; however more selectivity can be particularly beneficial for improving portfolio robustness particularly when venturing into new or small CAP altcoins.

[Axcel777]

My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???

We may not have to read the whitepapers each time we are making an investment in bitcoin, only if we can read and digest through its meaning, then its something that we can make to be an occasional reminder on what is being stated on it, this will serve as a reminder to us on what is expected of us and what we should also expect from the network when we are investing.

In investing in bitcoin and top coins I think we don't need to read the white paper because the coins have been proven and have good popularity and reputation. I am also not a typical investor who has a lot of time to read and study the white paper, I only see the performance of the coin in the market and see CMC.

Based on the market position and the popularity of the coins is an effective solution for making investments when there is not enough time to explore each project. Cryptocurrencies such as Bitcoin and some of the above-mentioned altcoins like Ethereum have higher stability than many other crypto projects and therefore the approximate evaluation by market capitalization and data presented by CoinMarketCap may give a rather clear idea of ​​liquidity and market trends.

However, even if white papers are not a priority, knowledge of the basics of newly emerging, high-risk projects can be useful in preventing a loss. While some of these new coins may look good on CMC now they may just be even more prone to pump and dump or regulatory actions. In sum, popularity-based approach can indeed reap benefits at large CAP crypto-assets; however more selectivity can be particularly beneficial for improving portfolio robustness particularly when venturing into new or small CAP altcoins.

Focusing on the position in the market and the number of users can be beneficial indeed in the case when one has to work most efficiently, having limited time for the analysis of each project. Bitcoin and Ethereum are usually more stable than many new projects, studying market capitalization will help learn about liquidity and trends. First, white papers are not as important as they used to be but, secondly, learning the basics about high-risk crypto projects may be useful to minimize losses as the majority of new coins can be more sensitive to volatilities and, especially, regulations.

[dekafee79]

Focusing on the position in the market and the number of users can be beneficial indeed in the case when one has to work most efficiently, having limited time for the analysis of each project. Bitcoin and Ethereum are usually more stable than many new projects, studying market capitalization will help learn about liquidity and trends. First, white papers are not as important as they used to be but, secondly, learning the basics about high-risk crypto projects may be useful to minimize losses as the majority of new coins can be more sensitive to volatilities and, especially, regulations.

It seems that Ethereum has difficulty returning to penetrate $ 3K, because currently Bitcoin is approaching ATH $ 73,600 almost exceeding ATH but Ethereum still looks struggle at $ 2,680.
We just see because next month predictions will occur correction and we can buy some potential coins to hold until next year.

[pieppiep]

It seems that Ethereum has difficulty returning to penetrate $ 3K, because currently Bitcoin is approaching ATH $ 73,600 almost exceeding ATH but Ethereum still looks struggle at $ 2,680.
We just see because next month predictions will occur correction and we can buy some potential coins to hold until next year.

We do have a situation where Bitcoin is almost at its high, while Ethereum doesn’t look the same. But this allows us to be closer to the flow in the market and think about what needs to be done further.

Since many have anticipated a correction next month this may well be the right time for some of us to take strategic positions. We can also seize the chance and store some potential coins as we aim to expand in the upcoming year.

[Dr.Bitcoin_Strange]

I prefer simpler way, if project has working product that'll give more idea about project than reading any WP ever will.

Comment you quoted mentions about writing WPs with AI, some years ago you could hire a writer, it doesn't take much to write WP really, it's one of useless things.

I’d rather prefer to look at a project’s roadmap than go through the stress of reading through the Whitepapers, because sometimes you might even end up reading all the contents of the Whitepaper and still not get any meaningful information about the project from there, because most of the projects’ whitepapers are just literally saying the same thing.

I’d prefer to just look at the roadmap, not like the roadmaps are even always accurate but at least it gives a quick guide on what the project plans to accomplish, how and also when they plan to do it.

[Agbe]

My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???

What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??

One of the first thing that potential investors have to look at for is the white paper as it contains vital information about the development and future projection about a particular Blockchain , white paper of a coin gives detailed information about the goal, feature, products and parameters that makes the crypto project it value so the white paper should be ready carefully be considering how to invest in any project. I will suggest that any coin that doesn't have it white paper ready before launching should not be taken serious as this has made allot of investor's in crypto currencies loss their money simple because some of the coins that they invested into where not ready with their development and future plans for that particular coin, Blockchains like Bitcoin are still standing simple because from the beginning they where ready with their white paper and the future progress of the coin was already split out for anyone coming to invest in Bitcoin