Founders make Whitepapers to provide an understanding of the goal of their project.

Whitepapers often give an idea about the real-world utility of the crypto project. For example, it could describe how it solves a specific problem or how it can improve certain aspects of our lives.

A Whitepaper could also give an in-depth look into tokenomics components, such as token burns, token allocations, and incentive mechanisms. Finally, a Whitepaper could contain a roadmap informing users about the project timetable so that they would know when to expect the product releases.

Whitepapers are important for the crypto ecosystem. Even though there are no standards for creating them, whitepapers have become a framework for researching crypto projects.

It's a general recommendation to start crypto research by reading the project's Whitepaper. 

Whitepapers can provide transparency and equality by making the project's key information public. Various parties can benefit from whitepapers. A person interested in the idea can decide more confidently if he wants to join a particular community after reading it.

Bitcoin Whitepaper: The bitcoin whitepaper was published in 2008 by an anonymous individual or group known as Satoshi Nakamoto. The Bitcoin whitepaper is called "Bitcoin: A Peer-to-Peer Electronic Cash System."

Ethereum whitepaper: The Ethereum whitepaper explains how its purpose differs from that of Bitcoin. The Ethereum whitepaper presented a platform that would enable developers to build and deploy all kinds of decentralized applications (DApps). The whitepaper also explains the technological solutions that made Ethereum possible, such as smart contracts and the Ethereum Virtual Machine.

• A Whitepaper should provide you with a necessary understanding of what the cryptocurrency project plans to do and how. 
• Whitepapers are not regulated, and practically anyone can write one.
• If you are interested in a certain project, it’s important to analyze their whitepaper carefully, considering the potential red flags and risks.

Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested so don't invest more than you're afford to lose.