Contact Us

+350 20079000 info@hassans.gi

This data will only be used by Hassans for processing your query and for no other purpose. View our privacy policy
| 1 minute read

Cryptocurrency: From Parliament to Business Ventures, the Evolution of the Whitepaper...

The term "White Paper" first appeared with the 'Churchill White Paper' of 1922 in the British Government. However, to this day it represents the architecture of business ventures.

Whilst there is limitless information available online through blogs, forums, podcasts etc, the best way to understand a cryptocurrency would be to read it's Whitepaper.

What is a Whitepaper?

 A Whitepaper contains all the information we need to know about a cryptocurrency, which needs to be released before an Initial Coin Offering ('ICO'). Whitepaper's usually contain a detailed description about how the Blockchain, protocol, or distributed application (dapp) that is being built, and describes how the Tokens will work. Including, current market data and growth anticipations, as well as requirements for the issue and the use of the Tokens. At times the Whitepaper is a full technical document, other times it is mostly marketing.

What's the aim of a Whitepaper?

Essentially a Whitepaper has two aims: 

(1) To provide information to potential investors; and/or

(2) to market the Token.

Whitepaper Types

Backgrounder -  This type of Whitepaper consists of content related to the benefits of the product, service or methodology are explained in depth.

Problem-solution approach -  This type of whitepaper is the standard template, especially for content written for marketing purposes. Walking the audience through a clear picture of the problem within their industry, leading them to embracing the solution. 

Check out Bitcoin's & Ethereum's initial Whitepaper below:

 

Thinking of conducting your own token sale? -  #ThinkHassans

  • Establish yourself in a reputable jurisdiction with a clear framework of policies and management. 
  • Registration with the Gibraltar Financial Services Commission (GFSC) for the purposes of AML/KYC supervision.
  • A stable and regulated environment.


For Further Information, feel free to contact me: Isabella.lombard@hassans.gi

A whitepaper is like a blueprint to a building, a syllabus to a class or, more accurately a proposal to a project.

Top-ranked in all practice areas in Legal 500 EMEA 2024

Hassans is pleased to announce that it has once again achieved top tier rankings in all areas covered by Legal 500 EMEA for Gibraltar....

Posted on
Read more

Latest Insights

Upcoming compulsory pensions deadlines for Medium, Small and Micro companies

As many employers will be aware, following the enactment of the Private Sector Pensions Act 2019 (“the Act”), which came into force in...

Posted on
Read more

Ethical Gambling Forum 2024

The Ethical Gambling Forum 2024 was held at the Sunborn Hotel, Gibraltar, last week attended by gambling operators and service providers...

Posted on
Read more

Insurance and Reinsurance Comparative Guide

Hassans' Head of Insurance Yvonne Chu has contributed to Lexology's most recent Panoramic Guide relating to Insurance and Reinsurance. ...

Posted on
Read more