A whitepaper is a report-style document that discusses how an enterprise solves a complex issue in relation to a specific industry or field. Whitepapers typically present a business model and a development strategy. A whitepaper is one of the first documents created in the context of blockchain after a project has a working product and funding. It also serves as a pitch to new investors to aid the company’s funding process. Technical architecture, token economics, team composition, and other data are frequently outlined in blockchain-specific whitepapers.