Token White Paper

Definition ∞ A token white paper is a document that describes the purpose, technology, and economic model of a new cryptocurrency or digital token. This foundational document provides a comprehensive explanation of the project, including its vision, technical specifications, use cases, and distribution plan for the token. It serves as a primary source of information for potential investors and users, detailing the problem the project aims to solve and its proposed solution. A well-crafted white paper is critical for transparency and credibility in the digital asset space.
Context ∞ The quality and accuracy of token white papers are under increasing scrutiny from regulators, who view them as essential disclosure documents for digital asset offerings. Discussions often concern the need for clear, non-misleading information to protect investors from speculative or fraudulent projects. This focus aims to elevate the standards of information provided to the public, aligning with principles of investor protection.