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The trend of ICO ventures is growing rapidly. Hundreds of startup companies try to raise funds through ICO as it is a much faster and easier way to arrange funds. Since every ICO has to provide a detailed description of its projects and how it is going to solve a particular purpose through its crypto whitepaper. This document needs a lot of study and perfect writing skills. Thus, they prefer to rely on whitepaper development services to avoid silly mistakes and to provide relevant information to the targeted audiences correctly.
Whitepaper- A Brief Introduction
A whitepaper is like a DNA analysis of an ICO that tells everything about the project, its roadmap, the way it would grow, the project timeline, the team, technical aspects, and the token information. The document also describes the complete system architecture, current market data, and use cases. The ICO whitepaper must be written in such a way that it impresses the targeted audiences without fail.
A lack of proper information related to the project would lead to investors’ dismay. A crypto whitepaper must answer the questions like what, when, who, why, and how. Thus, the whitepaper development services focus on including the following sections in the document essentially:
How To Write A Crypto Whitepaper For Your ICO Project?
When you are about to start a crypto venture, none other can describe it better than you. However, not everyone is a good writer, so many ICOs prefer to seek the help of experienced whitepaper development services to ensure that the job is done correctly. Still, you must know how to impact the audience with a well-written whitepaper.
Let’s find out!
Here’s how you should write the most important sections of a whitepaper for ICO:
- Project Outline
It’s the most vital portion of the whitepaper. It must tell what kind of problem would be solved by the ICO. It should be something unique and catchy and must click the mind of investors. With so many ICOs emerging every day, why would someone want to invest in a particular project? Thus, you must specify what’s the problem that has been left unattended by the others so far.
- The Solution
In this section, you must describe how would solve the problem, and what technologies would be used. It would also be required to mention the details of market analysis and let the readers know how your solution would be perfectly suitable according to the current marketplace. The whitepaper development services would help to draft this part of the lengthy document in such a way that would help the investors to visualize the project clearly.
- Budget Breakdown
Including a budget breakdown in a crypto whitepaper is also a good tactic to grab the attention of investors. Furthermore, it would let them have faith in the ICO and be convinced that it is not a fake attempt of raising funds.
- Roadmap
Every crypto venture is expected to provide a development roadmap. It makes it easier for the investors to get an idea about how the project would be brought to completion successfully. This section needs more emphasis as it builds the unique selling point for an ICO.
- Token Details
Let the readers know what kind of token would be issued by the ICO, how would be they used, their value, and which blockchain platform would be used. The whitepaper development services would describe how the investors can redeem their tokens. Furthermore, it is necessary to pay focus on the probability of failure of an ICO to reach the funding targets it has outlined initially. Thus, the crypto whitepaper must include the terms and conditions and also provide relevant security details. It will help in trust building and gaining more attention from the investors with ease.
- Details About The Entire Team
Mentioning the names and specialties of the team members is utterly essential as it helps to gain the confidence of the people interested in buying the ICO tokens. In turn, it ensures the success of an ICO as well.
Create your own Whitepaper Before You Launch An ICO?
Dos & Don’t of ICO whitepaper Writing
Unless you know what you must include and what must be avoided mentioning in a crypto whitepaper, your whitepaper would be directionless. Let’s understand what are the necessary points every whitepaper development services would consider while providing detailed information about the project:
What You Must Do:
- Focus on producing error-free and plagiarism-free content.
- Include flowcharts and graphics wherever required.
- Explain the benefits of the proposed solution and how it is different from the preexisting solutions.
- Must include the roadmap and technical description.
- Explain the risk factors and how would you do your best for mitigating those risks.
- Tokenomics is the most crucial part of a crypto whitepaper. Thus, let your whitepaper development services be informed about the kind of tokens you intend to use for fundraising. Also, describe the category of the token, i.e., whether it is a utility token, security token, or governance token.
- Let the investors know that your ICO is abiding by the necessary laws and regulations.
- Stay transparent. Let the investor know the development process and fundraising targets.
What Don’t You Need To Do
- Never make fake statements, and do not mention something that cannot be guaranteed.
- Never use copied content because plagiarism is a serious issue and invites allegations. Moreover, it would make you a suspect in the eyes of the investors.
- Explain technical details in brief because providing a lengthy text about something that would not be easy to understand by non-technical people would make the content dull and boring.
- Don’t keep details about the operating model incomplete, because the investors might consider your ICO as a scam due to a lack of information.
Best Examples of Perfect Crypto Whitepapers For ICOs
Documenting a whitepaper for an ICO would be a tough task for many of us, and that’s why we largely rely on whitepaper development services that have rich experience in handling similar projects. After all, who won’t like to ensure the success of his ICO?
Let’s discuss some of the best whitepapers that helped the associated ICOs to do well in the market.
- Monetha, a blockchain-based payment system was able to gather 95000 ETH ($37 million) within 18 minutes. The crypto whitepaper written for this project provided a complete description of the project plan, utilization of funds, token economy, technical details backed by diagrams, and the team’s profile. Perhaps, the way it was written was so convincing that it made it easier to gain the traction of investors and collect funds within minutes.
- Æternity ICO collected approximately $24,426,689 within the time period of 29th May 2017 to 19th June 2017. It created an exemplary whitepaper as it is in the form of a research paper.
- Filecoin ICO collected over $257 million within a few weeks. The founder preferred to write the crypto whitepaper like a research article and it included all the required details.
Conclusion
ICO whitepaper writing is a daunting task and it requires a lot of patience and hard work to carry out thorough research regarding various aspects of technology and token economics. A crypto whitepaper must also include details about the kind of problem an ICO is determined to solve and what kind of technology it is going to use for the purpose of providing the solution. The whitepaper must not skip the part about project growth and how the funds are going to be used. Apart from this, the description of all the team members must also be included. All such things must be compiled in an attractive format.
Antier’s whitepaper development services can help to meet all such criteria with ease. It has a team of the best technical writers with deep knowledge of writing whitepapers. Get in touch with them now!
