What Role Does the “Minimum Viable Product” (MVP) Play in Whitepaper Credibility?

The Minimum Viable Product (MVP) is the version of a new product that allows a team to collect the maximum amount of validated learning about customers with the least effort. In an ICO whitepaper, demonstrating an existing or soon-to-be-released MVP significantly enhances credibility.

It provides tangible proof that the team can execute their vision beyond just an idea, reducing the risk of the project being "vaporware." An MVP shows technical capability and provides a basis for community feedback and iteration.