A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision. A white paper is an authoritative document intended to fully inform the reader on a particular topic. It combines expert knowledge and research into a document that argues for a specific solution or recommendation. The white paper allows the reader to understand an issue, solve a problem, or make a decision.
The whitepaper is the core foundation of an ICO and it is not unusual for a company to present little else than a single document before initiating their ICO. By definition, a white paper is an authoritative guide informing readers about complex issues and presenting an idea about how to resolve the matter.