White Paper Obligation

Definition ∞ A white paper obligation is a requirement for a project to publish a detailed document explaining its purpose and technology. This refers to the expectation or mandate for digital asset projects, particularly those conducting initial coin offerings (ICOs) or token sales, to release a white paper. The document typically outlines the project’s technical specifications, economic model, team, and roadmap. It serves as a primary source of information for potential participants and can be subject to regulatory scrutiny for accuracy and completeness.
Context ∞ White paper obligations are frequently discussed in crypto news concerning investor protection and regulatory compliance for new digital asset projects. Regulators often examine white papers for misleading statements or omissions, using them as evidence in enforcement actions against unregistered securities offerings. The quality and transparency of white papers remain a key indicator of a project’s credibility and adherence to responsible disclosure practices.