White Paper
A white paper is a detailed document that explains the purpose, technology, and mechanics behind a cryptocurrency or blockchain project, often released before a project’s launch.
What’s Inside a White Paper
White papers typically outline the problem the project aims to solve, the proposed solution, the underlying technology, tokenomics, use cases, and the team behind it. In the crypto world, they serve as foundational documents that help investors, developers, and users understand the project’s vision and technical design. The Bitcoin white paper by Satoshi Nakamoto is the most well-known example.
Why White Papers Matter
White papers are crucial for transparency and credibility. They allow potential investors to assess the legitimacy and feasibility of a project before committing funds. A strong white paper demonstrates clear thinking, technical soundness, and long-term value, while a vague or overly complex one can be a red flag.