Akshay Gokalgandhi

Importance of a white paper for an ICO “A white paper is an authoritative report or a guide that informs readers concisely about a complex issue and presents the issuing body’s philosophy on the matter. it is meant to help readers understand an issue, solve a problem or make a decision,” according to the Wikipedia definition. In simpler terms a White paper is an instrument that helps business explain themselves to people. Information like what problem are they solving, how are they solve it and what is their course of action to achieve the same, is what it explains. They address the business issues, showcase products and can also outline a competitive solution. The four major reasons can be stated as Vision of the Project Sharing technical knowledge The problem Generating Publicity Distribution of business information Attracting prospects The core team and their track record What is an ICO white paper According to www.nasdaq.com an ICO is “ An ICO is...