The whitepaper document has been in high demand in the past two years. Why? Cryptocurrency. It’s a formality to include it with your crypto project.

However, whitepapers are not only focused on cryptocurrency. A whitepaper is very similar to a business plan. Yet, it focuses more on explaining the technical aspects of a product.

For instance, say you have an electric vehicle manufacturing company. You’ll need to send that whitepaper to people who know more about EVs and are willing to go the extra mile of reading into details.

For investors, it’s association with a crypto project is a given. Without it, the entrepreneur is not well prepared for the next step.