How Does a Whitepaper Differ from a Traditional Business Plan?

A whitepaper is primarily a technical and visionary document focused on the underlying technology, the blockchain solution, and the tokenomics, aiming to attract investment for a decentralized project. A traditional business plan is a comprehensive document focused on market analysis, financial projections, operational structure, and competitive advantage for a centralized company.

While both share elements like a problem and solution, the whitepaper emphasizes decentralization and the token's role, whereas the business plan focuses on traditional profit and loss. The whitepaper targets a community of token holders.