What is a crypto whitepaper? How to read one before you buy
By SendPay Business · · 2 min read
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A crypto whitepaper is a document a project publishes to explain what it is building, how its technology works and how its token fits in. The best-known is the Bitcoin whitepaper, published under the name Satoshi Nakamoto in 2008.
What a good whitepaper covers
A clear problem and why a blockchain is needed to solve it, how the system works, the token's supply and use, who is behind the project, and a plan with realistic steps.
Red flags
- Promises of guaranteed or very high returns.
- Vague technology with lots of buzzwords.
- No named team, or a team that cannot be checked.
- Text copied from other projects' whitepapers.
- Most tokens kept by the founders.
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A whitepaper proves nothing on its own
Anyone can write a whitepaper. What matters is whether the project has actually built what it describes, whether its code is public and reviewed, and whether people really use it.
Where SendPay fits
SendPay does not launch tokens or write whitepapers. SendPay platforms let your customers buy, sell and hold crypto next to their cash under your brand, with assets held with regulated partners.
How it works
Your own money app- 1Name it and pick your colours
- 2Choose what it does
- 3Launch when you are ready
Why sign up
Create your free SendPay account
It's all about creating your own financial platform with ease. Start with a free account today.
- 🪪A free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
- 💳Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
- 🌐A free business websiteFree to build, free to publish and free to keep, with unlimited visits.
- 🚀Your own financial platformDesign and preview your whole platform free, then launch when you are ready.
SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.
Questions people ask
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Work out token unlocks from the vesting schedule.
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Spotted a mistake or something out of date? and we'll fix it. How our guides are made
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. Other companies named in this guide are reference points only and are not affiliated with SendPay Business.