S4B Crypto Contest - Season 17

in Steem4Bloggers3 months ago

Hello steemians...
Greetings to you all
Hope you are all doing fine!,
I'm @ibraheem75 From Nigeria,
I'm superb excited to participate on this wonderful contest organized by @waqarahmadshah in Steem4Bloggers community.

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💰What is a cryptocurrency whitepaper?

cryptocurrency whitepaper is regarded as a comprehensive document that simplified the concept, technical and architectural phases of new cryptocurrency or block chain project. Things can be found there are the products, project's goals and other related features that provides cryptocurrency substantial economic values and otherwise details concerning the project contributors.

Crypto whitepaper provides a meticulous guide by providing security for it's users, measures and scalability ideas in the world market.

White Papers are actually written by the project founders, researchers,developers and when critically assessed is been released for it's commencement of the project or initial coins dispensing.

💰How long should an ideal cryptocurrency whitepaper be?

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Of course, so long there's technology and cryptocurrency networks in existence, there's high possibilities of the existence of cryptocurrency whitepaper, considering the clarity and credibility form of the projects management and developers,

In this regards, the cryptocurrency whitepaper targets, goals and objectives are often clearly defined, the team behind the whitepaper are practically full of expertise to ensure it authenticity and developments for reliable performances.

Though, the ideal length of cryptocurrency whitepaper depends on the projectors, researchers and developers, ideas, some of the length can be around fifteen to twenty Pages,and minimum of seven pages for less stress projects developer's.

Remember, the longevity depend on the complexity of the project and the needs required from the audience and users globally,thus, ensure you focus on clarity, coherence and most importantly the completeness of the project.

💰Should a whitepaper include information about the team behind the project?
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Pixabay

Yes a whitepaper should definitely include information about the team behind the project, because is very very important,

  • It helps to build the team trust with potential investors users, partners across the globe,

  • For accountability and transparency as well, for people to see how reliable the project is,

  • With the information provided by the projectors, researchers,developers of whitepaper it would certainly help the readers or people to assess the projects work and give good review of trustworthiness and credibility.

Thank you everyone for reading through my post, I love you all.

My invites;
@owulama
@dave-hanny
@memamun

Best regards @ibraheem75.

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Hi, @ibraheem75,

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