Hi Friends,
I often come across Alt Coins and even meme coins showing white paper. IMO, they are absolutely ruining the meaning of Whitepaper, aren't they?
Some of them use it for showing Toeknomics, some of them show their Utilities & Use cases, some show Roadmap and Planning, and some show just Memes in the paper.
There are many Crypot New Enthusiasts who just jump into the Project as and when they see Website and Whitepaper link. Hardly check what is even inside!
Just wondering what is your take on it!
It's not that they're ruining the meaning of whitepaper, it's just that the whitepaper is mostly needed for their project to even attract someone to read their use case if there actually is one. In most cases, the whitepaper they have is simply a template used by the majority, with a few keywords changed to match their project. It was a standard that was created to present the project, especially in crypto's case where most projects can be considered as investments, and a lot of people do actually check on it, a matter of understanding it is a separate thing though.