Ever read the Bitcoin BTC Whitepaper?
💎What is a whitepaper?
A whitepaper is a document released by a crypto project that gives INVESTORS TECHNICAL information about its concept, and a roadmap for how it plans to grow and succeed.
From this definition, a whitepaper is for potential investors to see WHY they should be interested in a project.
The investor here includes the potential
costumers a brand/project will have, hence these individuals should be able understand what they read without strain.
I studied the Whitepaper of the following Brands: Bitcoin
And here is what I found 👇
💫Use of technical language 💫Requires high level knowledge of blockchain to understand 💫The Abstract clearly stated the problem 💫The introduction explained how Bitcoin will solve the stated problem.
📌Not reader friendly
💎THE POLYGON WHITEPAPER
Polygon has a whitepaper and a lightpaper.
The lightpaper is an easy to read version of the whitepaper.
The Whitepaper is a bland highly technical black and white document with 13 sections starting from an Abstract to a Roadmap and Team.
💎THE BITGERT WHITEPAPER
The simplest Whitepaper amongst the 3. It is reader friendly and consists only two sections.
📌An introduction 📌A 5 year Roadmap
NOTES 💎 A whitepaper should satisfy WHAT HOW WHY
📉WHAT: The problem
📉HOW: The solution 📉WHY: The reason prospective customers should have interest in the brand and the benefits therein
💎A whitepaper should include a statement of the problem and the proposed solution.
💎It should include a feasible roadmap of how the project aims to solve the problem
💎 The Whitepaper is for EVERYONE interested in the project; these will definitely include individuals who may not understand deep technical terms, hence a whitepaper should be readerfriendly
💎The use of colourful Visuals might be necessary to enable readers understand the content
💎Usage of Less Technical terms will be better appreciated. This is
to aid understanding
Week 3 Assignment: @MGH_DAOthis twitter thread.