A cryptocurrency whitepaper enables projects to explain their products and goals to their audiences.
Projects can freely choose what kind of information they want to provide, but whitepapers usually include an overview of the project’s goals, tokenomics, products, features, and information about the team.
Nevertheless, it's important to stay cautious about the promises.
Even though there are no standards for creating them, whitepapers have become a framework for researching crypto projects.
Whereas Bitcoin has a specific function to provide digital peer-to-peer payments, the Ethereum whitepaper presented a platform that would enable developers to build and deploy all kinds of decentralized applications (DApps).
You should only invest in products you are familiar with and where you understand the risks.

Source -
https://academy.binance.com/en/articles/what-is-a-cryptocurrency-whitepaper?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
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