What is a litepaper? A beginner’s guide on how to write and format it
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Loading... - Anton Maric
- 27 Jan 2023
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What is a litepaper?
Briefly put, a litepaper can be considered a teaser version of a whitepaper. It is a shortened more concise version of a whitepaper and serves to pique the interest of curious users and investors.
You’re probably more familiar with the whitepaper, which is a requirement when launching a blockchain project in the world of crypto. Perhaps the most famous whitepaper thus far in crypto history is Satoshi Nakamoto’s “Bitcoin: A Peer-to-Peer Electronic Cash System,” published on October 31, 2008.
Today, whitepapers continue to be a valuable source of information concerning a crypto project. However, given the fleeting attention spans of people in the digital age, reading a sixty-page or so document to see if a project interests you doesn’t sound practical.
Whitepapers also tend to buckle down on the technical aspect of a project. Most crypto enthusiasts might take the time to read a highly technical paper that interests them. However, it’s still not for everyone, especially if you’re looking for investors. It might be too tedious, or they might simply not have the time, despite their interest in or capacity to invest in a project.
Enter the litepaper, which, true to its name, aims to be a lighter version of the more comprehensive whitepaper. So, technically, what is the difference between a whitepaper and a litepaper?
A whitepaper is long, thorough and technical. Much like an academic paper, your whitepaper is a well-documented record of all the details your investors would want to know about the project. Read More…
