Steps to take when writing a whitepaper for an ICO

This will give an in depth explanation to the noted flaws in the existing
system you intend to create your tokens for, the proposed solution and
mode of operation.

It should contain explicit information as to the number of coins to be made
available in pre-sales, crowdsales, for reserves and in total.
This should be available to the public.

Whitepaper

A whitepaper gives the details the information of a new coin offering and

expresses what the project is about so that readers can understand.

Staying up to date in the crypto world can sometimes prove to be

a hellish thing to do, because of the constant rise in cryptocurrencies

and the rage surrounding it. Hence, the rush to develop new coin offerings.

ICOs can be very difficult and takes an excessively long time when

structuring, so most times, people do not take care in preparing the

document to give the readers enough information about what they are offering.

They are always only about the currency and how it is going to be the next big

thing in the industry, offering little or no information about what the product is

all about.

The whitepaper should be open and clearly detail out what the cryptocurrency

project is all about and the problem it solves.

In writing a whitepaper, one should keep these information close to heart.

Always remember to go straight to the point with what you are on
about.

Let people see what you have to offer. Your readers are not
in your head to understand what you mean by something which is
clearly not written out.

Do not bore people with information they obviously do not need,

they will lose interest in the ‘whitepaper’ and not finish reading it.

You are going to meet with a lot of people who are not

in the same industry with you. Meeting here means meeting

through the document you are putting out there for them to read.

Start with the non technical issues before moving further to the technical issues.

Your white paper should be written in a lay man language. This way,

you have got their attention and they are completely reeled in.

Keep your readers glued to the whitepaper with important facts they need.

Use graphics that are necessary.

Write about the details, the fundamentals. Cover everything the reader

ought to know from how much your currency is worth to why you think

some items are not what they are.

Let your readers understand you

without thinking you are the next shady thing to happen in the

crypto industry.

Give out your white paper to be reviewed. You never know what you

may be missing.