Why are Whitepapers important? - Deepstash
Why are Whitepapers important?

Why are Whitepapers important?

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.

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A Cryptocurrency Whitepaper enables projects to explain their products and goals to their audiences. Projects can freely choose what kind of information they want to provide, but whitepapers usually include an overview of the project’s goals, Tokenomics, products, features, and information about the Team.

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