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What is the purpose of a whitepaper in the cryptocurrency space?

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A whitepaper in the cryptocurrency space serves as a detailed document that outlines the technical aspects, features, and goals of a particular cryptocurrency project or blockchain technology. It typically provides information about the problem the project aims to solve, the proposed solution, the technology involved, the team behind the project, the token economics, and the roadmap for development. Whitepapers are essential for investors, developers, and the community to understand the project's concept and evaluate its potential before investing or participating in the cryptocurrency project.
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