There are certain kind of people with specific traits that are drawn to whitepapers. Kudos to them. I for one, would only have a deep dive if somebody has given me the elevator pitch of sorts of the project. There are just too many interesting projects in the space to find time to read most of them.

*Look before you leap*, learn how to read white paper and what to look out for in a good project and how to spot a scam.

White papers are documents that explore a use case for a product or service. While most blockchain investors think of cryptocurrency white papers, they have a long history in technology and business generally.

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White papers are documents that explore a use case for a product or service. While most blockchain investors think of cryptocurrency white papers, they have a long history in technology and business generally. The term “white paper” has developed a cachet around it that signals technical expertise. But I hope by now you realize that might not be the case. Just because it’s called a “white paper” doesn’t mean that it’s special or different from any other marketing document. Therefore, you would be wise to not always believe what you read and constantly question any white paper you come across.

How to avoid cryptocurrency white papers when getting involved in the blockchain industry? Learn what to look out for in a good project and how to spot a scam.

How to avoid cryptocurrency white papers when getting involved in the blockchain industry? Learn what to look out for in a good project and how to spot a scam." If you’re interested in the blockchain space, whether as an investor, businessperson, or developer, one thing you can’t avoid is white papers. Every week, there is a new blockchain or cryptocurrency white paper touting new technologies that will “revolutionize” the industry. In addition, many of the major projects in the industry, like Bitcoin and Ethereum, began with white papers.

As a result, white papers have come to be known as an essential part of creating a new blockchain project or cryptocurrency. Investors, businesspeople, and developers expect to see a document that explains what problem the project solves and how it does so.

Consequently, learning how to read a white paper is a critical task for anyone getting involved in crypto.

As most investors and observers in the industry know, there are quite a few scams in the space.

Moreover, many projects sound good, with the right buzzwords and marketing speak, but they’re not backed up by any follow-through, and they quickly fizzle out.

That’s not to say that all white papers are garbage. For instance, Satoshi’s original vision for the Bitcoin protocol came in the form of a white paper.

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