In the vastness of cryptocurrency, a Whitepaper is a fundamental material when launching new projects. This document contains a detailed description of the technology, goals, tokenomics and other important aspects of the crypto project. Interested investors and users turn to the Whitepaper to understand how promising the project is, what problems it solves and what benefits it brings. In this article, we will analyze what a Whitepaper is.

A Whitepaper is an official document that describes the concept, goals and technical details of a crypto project. It gives potential investors and users a complete understanding of how the platform, blockchain or cryptocurrency works and what problem it solves.

Informing investors: A detailed description of the project, its values ​​and mechanics of work.
Transparency: Demonstration of goals, roadmap and funding mechanism.
Technical justification: Explanation of technologies and algorithms used in the project.
Raising capital: Used to conduct an ICO (Initial Coin Offering) or IDO (Initial DEX Offering) – raising funds for development.