$ETH What is a white paper?
A white paper is an official document published by a cryptocurrency project team to explain the project's idea in detail.
It serves as a guide for investors and developers to understand what the project offers and why it is different.
Typically includes:
The problem that the project aims to solve.
The proposed solution using blockchain or cryptocurrency.
The working mechanism or technology used.
Token details (Tokenomics): such as distribution, total amount, usage.
A roadmap for what will happen in the future.
Sometimes information about the founding team and advisors.
In simple terms: a white paper is a document you read to decide whether this project is worthy of your trust and money, or just a marketing illusion.