1 00:00:00,140 --> 00:00:03,550 That too is extremely important. 2 00:00:03,600 --> 00:00:13,410 I would say that most groups of investors speculators and traders forget reading the FIDE paper and 3 00:00:13,530 --> 00:00:18,460 that's something you must do and I would give you three reasons why you must read it. 4 00:00:18,480 --> 00:00:23,000 And I will also explain and show you in practice where you can find it. 5 00:00:23,000 --> 00:00:25,940 And what is it all about. 6 00:00:26,150 --> 00:00:31,930 First of all it explains the most important things about the protest. 7 00:00:32,000 --> 00:00:34,850 The question that I ask in step one. 8 00:00:35,000 --> 00:00:43,310 What is their team what is their Protech What is their goal mission what is their mindset how the programming 9 00:00:43,310 --> 00:00:44,870 a system works. 10 00:00:44,930 --> 00:00:49,180 You can find everything about the product in the world. 11 00:00:49,340 --> 00:00:51,870 All the most important things. 12 00:00:52,140 --> 00:00:58,060 It sounds also the quality of their work of their work because some white papers that I have read they 13 00:00:58,070 --> 00:01:01,190 are not so good but some of them are details. 14 00:01:01,230 --> 00:01:08,620 They are all well laid out and that is something that affects also the value because people read it 15 00:01:08,630 --> 00:01:14,960 they see they are doing good work it is to find the information they understand the value they invest 16 00:01:14,960 --> 00:01:18,810 in and so thats also one point and its social. 17 00:01:18,890 --> 00:01:27,270 What is their mission and it gives you information whether or not this is a good investment. 18 00:01:27,270 --> 00:01:36,180 Of course it will not only decide it but it will give you one of the most important pieces of information 19 00:01:36,660 --> 00:01:37,930 about the process. 20 00:01:37,980 --> 00:01:39,200 That's why it's a must. 21 00:01:39,210 --> 00:01:42,630 If you want to put lots of money make more money reading. 22 00:01:42,690 --> 00:01:44,820 All right paper is a must. 23 00:01:44,880 --> 00:01:49,380 If you want to make better investment decisions it's a must. 24 00:01:49,430 --> 00:01:53,900 Compared to some where it's just throw money here and there and here and there. 25 00:01:54,180 --> 00:01:59,690 Then you trust that the U.S. is hoping for the best but you are not making good investment decisions. 26 00:02:01,110 --> 00:02:04,150 So let me show you an example how you can find the white paper. 27 00:02:04,380 --> 00:02:10,170 You go to Google again and you can search for example Ripl white paper or I can show you an example 28 00:02:10,350 --> 00:02:12,490 built decree white paper. 29 00:02:12,690 --> 00:02:17,170 This is the cryptocurrency that I've recently researched. 30 00:02:17,340 --> 00:02:22,790 And their goal and mission is to improve education. 31 00:02:24,250 --> 00:02:32,620 Here in their white paper first of all they have a summary what they will explain in this whole document 32 00:02:33,130 --> 00:02:36,490 and it's thirty six pages long. 33 00:02:36,490 --> 00:02:42,370 And there you can find it it's all about it's all about a to be the secret platform. 34 00:02:42,560 --> 00:02:44,820 Why did they support or do it. 35 00:02:44,860 --> 00:02:52,510 Alternatives token loans and be decreed team and you will find all the information you need in this 36 00:02:52,510 --> 00:02:53,360 paper. 37 00:02:53,420 --> 00:03:02,290 And so for example Token Lounge in white paper they are useless so how they are going to share their 38 00:03:02,290 --> 00:03:05,390 tokens their crypto currencies. 39 00:03:06,280 --> 00:03:08,170 How much do they give it to public. 40 00:03:08,170 --> 00:03:14,720 How much the team will own and how will they distribute the tokens. 41 00:03:14,770 --> 00:03:23,990 For example with the decree they give 51 percent of the tokens to public 10 percent to the team. 42 00:03:24,280 --> 00:03:34,420 2% to advisers and partners 10 percent to deal with the career founders foundation and 25 percent for 43 00:03:34,420 --> 00:03:35,520 scholarships. 44 00:03:35,530 --> 00:03:42,850 In this case they have also made some comparisons between decree and other solutions other platforms. 45 00:03:42,970 --> 00:03:46,350 You can find them out here on this hour. 46 00:03:46,420 --> 00:03:52,720 You can read them from the start to the end and find all this information. 47 00:03:52,720 --> 00:03:56,080 Some white papers are a little bit complicated. 48 00:03:56,170 --> 00:03:58,490 Some programming languages. 49 00:03:58,510 --> 00:04:06,190 So then you can read them twice to understand it more but I highly highly highly underline and recommend 50 00:04:06,250 --> 00:04:08,190 if you are going to put lots of money. 51 00:04:08,320 --> 00:04:15,970 Reading the white paper will give you more information better knowledge and you will make better investments 52 00:04:16,120 --> 00:04:18,220 and more money in the long run.