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Sixpl - ICO White Paper

econtentSsixpl
September 25, 2019

Sixpl - ICO White Paper

ICO White Paper should be clear and well written. This presentation will teach what it is and how to write it.

econtentSsixpl

September 25, 2019
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  1. WHAT DOES AN ICO WHITE PAPER CONTAIN? In terms of

    crypto currencies and ICOs within the block chain space, a white paper document contains: • A problem and detailed solution that the project is providing • A detailed description of the product and the system architecture upon which it is built. • Details of the team behind the idea • Comprehensive information on the ICO like, the roadmap, how much funding will be raised,etc. A compelling ICO White Paper aims to incline the investors towards buying the tokens issued as a part of the ICO. To do this, the white paper needs to notify, persuade, satisfy, and reassure every one of them. Thus, creating an excellent whitepaper becomes very important for the company.
  2. A compelling White paper should consist of the following parts:

    1. Project Outline: Nailing the project outline is extremely important. So, the white paper should clearly be able to define the problem to be solved. The key to the project outline is to make it different and catchy. It should be able to stand out from the crowd and make investors want to read on. To grab the reader’s attention you can use charts and graphics. You can describe in your document the benefits of reading it and also give a synopsis of what they can further expect from it. A descriptive and well-structured table of contents is very beneficial here.
  3.  Talk about the project: Take as much space as

    you want to talk about your project in depth and describe the potential investors exactly where it matches within the current market. Ensure that you describe what the project exactly is and what parts it consists of. You can also explain the present state of the the project. The majority of investors will support projects which have something to show, because having an efficient system and a user base will enhance the possibility of the project’s token’s survival in the market. If you have any of these elements, make sure to let your readers know about it. Ensure that you devote a big portion of your white paper regarding the finances of your project.  Overview of the entire team: A team is an integral and critical part of any project and they should be presented so. With more than half of the document being a technical explanation, this part is where a human feel is required. Including profiles of team members increase investors’ confidence and interest. So, ensure do not only detail who all worked behind your project but also why they are so crucial for it. In order to do this, making use of photos and short description of the team will lay a great advantage in the eyes of the investors. If any of the members have had any previous experience with crypto-currency or block chain linked projects, ensure that you put this correctly.
  4. • Style, language, and layout While preparing an IOC White

    Paper, ensure to use formal style of writing. The document should be descriptive and professional in its emphasis. Its focus should be only on one topic at a time which would make it easy to understand. Another important point to note is that the document should be factual in nature. There should not be any assumptions, guesses, and unverified information. Make sure to avoid any grammatical or spelling errors. The text of the complete white paper should be perfectly formatted to give it a professional look.
  5. Where To Post A White paper • There have been

    many past instances when fruitful ICO campaigns were posted on numerous Bit coin-related platforms, with the whitepaper being the first information about the campaign. • These days the ICO is being used on a very huge rate, making most of the projects prefer to post their white paper on their website. There are many other options for doing this, but what needs to be ensured is that there remains a single point of access to your white paper. Copying and pasting on different platforms should be avoided. Instead putting a simple link when publicizing your project on different websites and forums would work. • To conclude, a white paper is the pivotal and the most crucial aspect of any Initial Coin Offering. So, for every future investor, it becomes absolutely important to read it thoroughly and reach at an informed outcome before actually investing. There are different key factors to go through, such as the product, the team, and the plan of the product development. However, if analyzed properly, the white paper along with the external research can help reduce the risk of wrongly judged investments.