Whitepaper

A whitepaper is a detailed document released by the creators of a cryptocurrency project or blockchain that outlines the problem the project aims to solve, the technology behind it, and the team involved in its development. The whitepaper typically explains the project's vision, technical architecture, use cases, tokenomics, and road map for the future. It serves as a form of documentation that provides potential investors, developers, and the wider community with a comprehensive overview of the project. Whitepapers became widely known after Bitcoin’s whitepaper, written by Satoshi Nakamoto in 2008, which described how Bitcoin would function as a decentralized, peer-to-peer electronic cash system. Modern whitepapers include technical details, such as consensus mechanisms, governance models, and smart contract functionality, giving readers insight into the long-term potential and scalability of the project. Whitepapers play a critical role in raising funds through ICOs (Initial Coin Offerings) or STOs (Security Token Offerings), serving as the key document that informs potential investors and stakeholders.