Whitepaper is a technical document with a detailed description of the project, including the architecture and method of interaction with users. In addition, the document may contain information about the technology of cryptocurrency issuance, methods of using and distributing tokens, as well as the current market situation and the ecosystem development plan (roadmap).
In fact, Whitepaper is the first step in the creation and development of a blockchain project, because it is very difficult to attract funding and investors without a clear, logical and well-formed Whitepaper. Therefore, the document should contain the most detailed information about the structure of the project, the team and what problems of the modern world will be solved with the help of the new blockchain.
By the way, Satoshi Nakamoto’s article on the first digital currency Bitcoin technology can be considered as the first Whitepaper in the crypto-world.