What is a whitepaper?

It is normal that someone who has been entering the “crypto” world has sometimes encountered the concept of Whitepaper, which could be found linked to various “crypto” projects or within the Fintech market. If it is a question of translating the name of the concept literally, it does not provide any kind of explanation, since the same thing is understood as Whitepaper that of white paper, however, like everything else, this concept has its own explanation.

In this article we will try to dispel all the doubts that this concept may create and thus achieve an ever greater understanding of this sector.

The term Paper has been used for decades, especially in the academic or research field, this document seeks to explain, in a scientific way, the presentation of research or a very specific topic.

On the other hand, a Whitepaper, very present when it comes to cryptocurrencies, would be the description of a specific project or the solution to a specific problem.

The vast majority of these documents are issued by a person or entity with knowledge and authority in the subject matter in question, usually these documents are written in a somewhat technical language, since the content covered in the document is usually technical as well. Generally, the concept to be discussed will be addressed in a very objective and clear way, even adding elements that contribute to the understanding of the topic being discussed, elements such as graphics or diagrams.

One of the problems that arise in the issuance of this type of document is precisely the language in which they are written, since this makes it difficult for a more generic audience to understand, in fact, the Whitepaper of Bitcoin, which is hardly comprehensible in its entirety without prior knowledge in programming and mathematics.

Therefore, within the world of cryptocurrencies and the projects that are within it a Whitepaper its mission is to define the project created, and in the event that the project has an ICO, it has the objective of attracting new investors. Which means that in this type of document you can find all the aspects surrounding the project, so it seeks to inform the reader about the project that is intended to be launched, below are the main elements that can be found in a Whitepaper.

• Problem that the project solves.
• How he solves it.
• Capitalization of the project (funding rounds, minimum capital, maximum capital, development stages, etc.).
• How the tokens will be distributed and how they will be invested in development.
• Involved team.
• Roadmap or deadlines for development.

Maybe you're thinking, “I think I've seen a Whitepaper at Reental” Of course! You're right, at Reental every time we launch our tokenized properties we add a Whitepaper. This document can be found in each of the properties that are presented in the Dashboard.

Much like the definition of Whitepaper, in the documents of each tokenized property there are several aspects, such as the type of activity for which the property is intended, returns, risks, costs, type of operation, duration of the activity, equipment, number of issuance tokens, etc. In other words, all the information that the investor will need to be able to invest in the tokenization of real estate is stipulated, since as Warren Buffet said: “Never invest in businesses you cannot understand”. That's why at Reental we make it easy for you to fully understand what you're investing in.

If you were curious to see what the Whitepaper of a tokenized property, then I leave you the Whitepaper of our last tokenized property”Sagunto-2”, so you can take a look at it and familiarize yourself with these types of documents.

In order not to miss any of the opportunities we present, we recommend that you join our group of Telegram To get to know others Reentels and the whole team. Of course we invite you to take a look at our articles on the blog to continue informing you.

Welcome to the new way of doing finance, welcome to Reental.