Crypto White Paper

Definition ∞ A crypto white paper is a document published by a project team that details the concept, technology, and purpose of a new cryptocurrency or blockchain initiative. It typically explains the underlying protocol, economic model, and technical specifications. This paper serves as a foundational resource for potential investors, developers, and users. It aims to provide a comprehensive overview and establish credibility for the project.
Context ∞ Crypto white papers are central to understanding new digital asset projects, though their quality and regulatory standing vary widely. Discussions often focus on the accuracy and completeness of information presented, especially regarding token utility and legal classification. Regulators increasingly examine white papers for investor protection concerns, highlighting the importance of clear, factual disclosures in this evolving market.