Is whitepaper a reality of the project?

[xeroz]

We cannot determine a trusted ICO based on the whitepaper only. I never think the whitepaper is all about the project, we need to study more parts of the project. The information from the social media and many proven sources are needed to analyze a project. This is the true way to avoid fraudsters. 

[Black ID]

Nowadays, it is very difficult to believe in Whitepaper. Everything can be manipulated there. The picture of team profiles, concept, plans, and other parts are needed to take attention in details.

[Ghozrd]

On each new coin we can see the purpose of the project by looking at the road map and whitepaper, but when the whitepaper they have has something in common with other projects to eat, investors will think to invest and will see developments and see the active members of the #DevelopmentTeam  on that project

[masterrex]

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?

For me the whitepaper is just an elephant inside the Box! Base on my experience the ICO's and Crypto startups wanabee has change a lot since 2015 we cannot predict who is totally true or just a drawing in the paper? Thats because the ICO's are not regulated the team who created the crypto-platform has no liability at all and thats bad.

[khufuking]

People always say that Whitepaper is very important and I do agree with them but you have to analyze the whitepaper not just read it, anyone can write an amazing whitepaper that is way far from the reality of a project. The whitepaper is very important to analyze not just for a fast read.

[MUGNIA]

The current whitepaper cannot be used as a reference to see the project as real or not, try to communicate with their team to find out more if they provide an unconvincing answer I think you better leave the project

[Zemytha]

We can only avoid it. We can't do anything. And as far as I know, there are no regulations governing ico. So there are still many fake ico popping up.

[Prime]

People always say that Whitepaper is very important and I do agree with them but you have to analyze the whitepaper not just read it, anyone can write an amazing whitepaper that is way far from the reality of a project. The whitepaper is very important to analyze not just for a fast read.

I agree with this answer. Yeah, most of people only read the whitepaper and not really analyze it with correct ways. We must take attention with whitepaper since many cases of fake pictures, plagiarism, and many others on whitepaper. It is a warning for all crypto users.

[Nate11]

The answer is yes and no.
Yes because many whitep per are a true reflection of the project while no, because some many white papers are not a true reflection of the project and what it stands for.

[tonymillions84]

Not even a guarantee. i have seen many whitepapers that are copy and paste. so many with errors in their write up.  do not trust whitepapers. it is just an imaginary of what to be archive. remember some might not even do one-quarter of what they wrote in their whitepaper. some will even edit their whitepaper have way to the project.

[owmivmen]

it is very difficult to avoid scam projects or fraud unless you understand the concept or scheme of the ico project you choose. many only copy copies of WP content from existing projects. I suggest, research the project you want to follow before investing there.

[MuTu]

The White Paper is one of the important points in choosing ICO. The better the content and quality of the whitepaper, the better it is to consider being chosen. Be careful and learn the information before investing, because there are many ICO scams that appear in this digital world.

[Domithra]

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 meant to give an overview and sometimes an intensive view into what the projects plans on doing. It is rather unfortunate some scam projects present catchy whitepapers to lure investors. To avoid these scam projects require extensive research into the project by first looking into the profile of the team members. Are they what they present themselves to be? Check their partners and confirm from social media accounts of those partners (these partners normally announce their partnership on their social media). This is one clue that can help in identifying scam projects on the market.

[gotbounty]

I suggest to not think that Whitepaper is all about the project. We cannot believe in a project based on the good appearance of its whitepaper only. Do research! Ensure that all contents are not fake or plagiarism. Then, google to check more detail information about the team profiles and the project identity.

[jet]

white paper is the definition of the project. it was written to give investors the view of the project. It's reality I think! But their are so many factors that effect the the substance of the paper. Anyway, I would always recommend to read the whitepaper before investing to the project.