Teach you to see the true circle of white paper

The white papers in the first quintile often do not look at or even read the white papers. They can easily be swayed by various false news. When you are preparing to invest in a project, white papers are also very important. Part of it, especially for some new projects in Western Europe, it is very important for the block to give everyone access to white papers today.
First, what is a white paper?

"The white paper is an authoritative report or guide that can introduce investors to a complicated issue, concisely and briefly, and propose the concept of the issuing agency on this issue. It aims to help investors understand issues, solve problems or make decisions. ”

Second, how to read the white paper?

The role of tokens

A good white paper will explain why the currency was created. What is the purpose of this currency? How to achieve such a problem gives a strong explanation above. A white paper that does not adequately explain the need for money or provide details of how it can be implemented is questionable.

The composition of the team

If the team members have no outstanding blockchain experience, if it is difficult to find additional information on the team on the Internet, it means that this team has at least just started, which is usually a bad sign.

The prospect of the project

As an investor, it is necessary to analyze whether the application scenario of the project is wide enough, whether it can be applied to the ground, and whether it meets its actual conditions. In addition, the number of communities, activity, attention, and acceptance of the project can also be considered. The higher the acceptance, the better the prospect of the project.

Whether the token is on the exchange

As a digital currency, tokens will be greatly discounted if they are not circulated, and the trading platform can enhance the circulation of tokens. Of course, trading platforms are also good or bad, and the digital currency that can go to large exchanges is bound to be safer.

Token's proportion

Fundraising Plan In the white paper, the project party will describe in detail the total Token circulation, circulation, private equity ratio and lifting cycle, love Western Europe ratio, team ownership ratio, lifting cycle, and marketing promotion ratio. If the dealer holds a large amount of chips, then the possibility of the dealer raising the goods will be very high. Such projects are not recommended. Because the army of leeks is very likely to have you.

to sum up

The above points are summarized by Chung Chung. How to look at a white paper and analyze whether it is a high-quality project. Of course, considering a project, the analysis may not only be limited to these items. A good quality project will surely come from all aspects. Perfection can be done, and it can stand up to consideration, and a project that only wants to circulate money will also be full of loopholes. Chung Chung believes that everyone has experienced all kinds of wind and rain. When choosing a project, he must be careful thinking and meticulous research before deciding whether to participate in a project.