A ‘white paper’ in the crypto world is a comprehensive detail about the technical and economic aspects of a particular cryptocurrency, a token, or a blockchain solution. Although the main function of the white paper is to expose the technical competence of the new crypto venture, it doesn’t mean that it isn’t marketing material. On the other hand, a lite paper is meant to provide in-depth knowledge about the fundamental concept, procedure, or the latest research in the field of application development. It’s not necessarily related to an upcoming blockchain product or service, while the crypto white paper development is always linked to an existing crypto asset, a blockchain, or a forthcoming crypto platform.
Almost every month we come across new white papers on blockchain-based products or services that claim to revolutionize the industry. The success of the newly launched crypto venture depends on how well the whitepaper has been drafted. It should impress blockchain enthusiasts and serious investors by highlighting the key features and functionalities. Besides this, an ICO whitepaper will narrate the tokenomics and how the funds are going to be used. On the other hand, a lite paper will just be a compressed form of white paper, or an informational piece of content that describes how the software will solve certain problems.
Today, when a new crypto venture enters its planning phase, it hires a white paper writing services provider for creating a document that can explain how well the project will solve the existing problems or what new facilities it can provide. It attracts investors and they get ready to aid in fund collection. Thus, white papers are written for sales and marketing purposes, while a lite paper pays more stress on passing on the relevant information to the readers. Let’s find out some more striking differences:
The prime focus of a whitepaper writing service is to grab the attention of the readers and direct them toward the new crypto venture. It’s a kind of persuasive writing that utilizes facts and figures to promote a certain product or service. Thus, the purpose of white paper development is to influence the decision of the reader in the best possible way by putting logic.
On the contrary, the lite paper presents the information gained through studies and research, and the purpose is to contribute to enhancing the knowledge of the reader regarding a technological product or solution. The information provided in a lite paper helps to depict a bigger picture of the tech specifications of a new software application or a tech-solution and also mentions the previous efforts done by other innovators in the past, and the scope of possible improvements.
A crypto white paper is often written by a whitepaper writing service providers or an in-house writer of the company. The technical professionals provide a brief about the information to be included in a crypto whitepaper. The writer must have a complete understanding of the blockchain basics as it helps to describe the facts with greater accuracy. The entire process of white paper development might take 15-30 days, from planning to publication, depending on the communication between the blockchain company and the writer. It might require editing as per the suggestions of the sponsoring company. It is notable that the crypto whitepaper reflects the aims and technical competence of the company that sponsors the writing service, not directly the writer. Thus, the writer remains anonymous.
On the other hand, the website URL and contact details are mentioned clearly in a lite paper. The author of the document is directly responsible for the accuracy of data and information provided in the lite paper. The information will be rotated across different channels, so the experts will pay focus on validating the information before accepting the publication work. Writing a lite paper is much more difficult than drafting a crypto whitepaper because it directly impacts the name & fame of the author and professional legacy. There is no scope for including misleading figures or inappropriate information that can’t be verified. The author of a lite paper has to provide clarifications to authenticate the information or edit the disputable portions in order to seek final approval for publication.
The white whitepaper writing service provider writes for a profit-making company. Therefore, the entire content is written in such a way that it persuades the reader to reach a desirable conclusion. It’s not exactly copywriting, but it cannot be denied that it impacts the marketing of the upcoming blockchain-based platform, coin, token, or solution.
The lite paper intends to enhance the knowledge of the reader. It can help in indirect sales or marketing, and the readers can be directed toward any particular website or platform.
Crypto white paper development is the first pivot in the process of building a blockchain-based platform, a crypto coin or token. It should compile each detail about the mission of the new initiative, the technical features, and how it is going to bring a change. The document must include the name of team members and their areas of expertise. It’s unlike writing a lite paper, which may, or may not be related to the blockchain niche.
Now, if you are planning to invest in a new crypto project, and want to present the right information to interested people, then it will be better to choose an experienced white paper development service provider, Antier. Let the blockchain experts take care of your whitepaper, and sit back relaxed!