What is a Whitepaper?
Whitepapers are documents issued by a company or entrepreneur in order to inform interested parties about the project, product or the company. Whitepapers are not only being issued for information purposes but for public relation as well. In general white papers are written in a professional academic manner and kept short as possible. They often contain elements of a business plan (forecasts) as well as technical information (process description). Formulated hypotheses and concepts are supported by facts (best practice). Moreover, whitepapers are used to present the business intention behind an ICO as well as the description and structuring of the Coins/Tokens.
High quality whitepapers are helpful to establish a company as an expert on the market. They improve the awareness and help to convince interested third parties of the authenticity of your company.