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A white paper is developed by the founders, developers of a cryptocurrency to help sell or Buy the cryptocurrency. But instead of pushing the emotional business approach, they offer facts, diagrams, statistics, and business quotes. Robust White papers are written by technically focused business individuals for technically interested sellers and buyers.
White paper in Blockchain is an official document usually offered by new blockchain business projects before their ICO informing the user about the latest technology, product or service being launched in the market.
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White Paper has become a big trend for businesses to release a white paper explaining the different aspects & goals of a certain project before the business project is launched. There are many advantages of white paper like White papers help you establish your business and yourself as an expert in the industry, and your customers get familiar with the business plan beforehand. Tons of organizations use white papers as a marketing/sales strategy to develop awareness & interest in their products/services and easily attract new users.
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