Guide: How to Dissect a Whitepaper
A whitepaper, an informational document used to both explain and promote a technical project, is essential for any cryptocurrency project trying to get off the ground and gain legitimacy. Ever since Satoshi Nakamoto published Bitcoin’s whitepaper in October 2008, these documents have been used to explain why a particular cryptocurrency is being introduced, the problems it aims to solve, and how it differs from its competitors. Dissecting a whitepaper can be difficult as they often contain jargon and buzzwords that are hard to understand.
They’re not unique to cryptocurrency and are used to explain many other kinds of projects, but whitepapers have become an industry standard by this point. This guide looks at how to read one and understand if a project offers a real-world solution or just a lot of fluff.
Common parts of a whitepaper
The following section contains parts that are commonly found when dissecting a whitepaper. Not every whitepaper will include each part and information may be categorized in a different way.Abstract
This is a summary of the project that appears at the beginning of a whitepaper. It outlines the goals of the project and attempts to draw the reader in to read the rest of the document.Introduction
This part of the whitepaper attempts to quickly cover basic concepts, like what a blockchain is, while simultaneously introducing the solution that the cryptocurrency project is aiming to solve.Context/problem definition
This is where a development team starts to lay out the case for introducing their unique cryptocurrency solution. The market the project is targeting, the challenges that need to be solved, and critiques of current solutions might be included here.Solution/product description
With the context of a problem laid out and the inefficiencies of current solutions addressed, the development team pivots to detailing their solution and what it brings to the table. This section also includes the platform that the project will be released on, exactly what the project does, and how it's better than any other solution.The tech
The nitty-gritty of the tech that powers a project is addressed here. A section like this might include a description of what’s being used to build the solution, like developer tools and programming language.The token and its tokenomics
This is arguably the most important part of any whitepaper for potential investors. A token’s role in a project’s ecosystem and how it will be managed are usually covered in a section like this. It could also include the benefits of holding the token and more details on its planned use cases.The team
The people behind any project are one of the most important things to consider before investing in any crypto. Thankfully, good whitepapers will include a dedicated section to introducing the project’s team. This could include information like previous work experience, years in the industry, and individual roles within the team.How to buy a token
Whitepapers also function as a kind of marketing document for a new cryptocurrency project, so it’s possible they will include a section on how to buy the token. Launch dates, exchanges, and wallet addresses for transparency could be included here.Project roadmap
The roadmap is where a team will lay out their future vision for the project. A roadmap will most likely include general milestones, like a certain number of holders or getting listed on centralised exchanges, and a general timeframe in which the team is aiming to have the milestone completed.Conclusion
This section is self-explanatory. Here the project and the problem it’s trying to solve are summarized and any call-to-action is reiterated.While reading a whitepaper
While dissecting a whitepaper, no matter the project, it’s good to be armed with a few questions to gauge the legitimacy of that project. Four of the most important questions to ask are:- What is this project trying to do?
- How is this project going to do that?
- Does this project need to be built on a blockchain?
- Does the project have an experienced team with a track record of delivering?
After reading a whitepaper
It’s important to remember that a whitepaper presents the team’s perspective of what their project is trying to do and the benefits it will bring. They can double as marketing documents for the projects and their teams - documents that will try to sell readers on why their project is the best. That perspective is sure to contain some bias, so before making any kind of sizeable investment into a coin or token, more research is key. Reading articles (on Medium, for example) written by people not involved with the project and checking outside sources are two ways to check any claims made in a whitepaper.In the end, enough research should be done to feel comfortable with a project and to be able to explain why a project is worth investing in. Knowing how to dissect a whitepaper is one way to get started when researching a project. This can help an investor feel confident in an investment decision, even when FUD and downward price action strike.
Disclaimer: THIS IS NOT FINANCIAL OR INVESTMENT ADVICE. Only you are responsible for any capital-related decisions you make, and only you are accountable for the results.
Please remember to comment and share if you found this guide useful! Also, let us know what guides you’d like to see next!
Continue reading by joining Cryptonary Pro
$1,197/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
