A whitepaper is a comprehensive document that provides details on a specific token, project or technology. These papers are generally authored by the project or technology creators to provide technical and business information to potential investors, users, and other stakeholders.
In general, a whitepaper includes an overview of the project, its objectives, technical details on the underlying technology and algorithms used, information on the team behind the project, and specifics on how the project intends to raise funds and distribute its tokens or coins.
Whitepapers attract interest and generate funding for projects, as they offer potential investors in-depth insights into the technology and its possible applications. However, it is essential to keep in mind that investors must conduct their own research and due diligence before committing to any investment.