What is a whitepaper? | Newsverso Glossary

This term did not necessarily emerge with web3, but it is constantly used to describe the first steps of projects in this dimension. O whitepaper is a document used to describe the step-by-step process of a project or concept, providing information relevant to the business and showing the solutions that would be applied to it.

Metaverso will receive 20% of Meta's investments in 2023

Meta, one of the main players in the turn of the metaverse, will continue investing in the spatialization of the internet in 2023. According to the company, the total investment in Reality Labs, Meta's metaverse division, will represent 20% of general expenses.

What is the metaverse?

You may have already read, heard, or seen this term somewhere. But do you know what it means? And more: do you know how to be part of this new reality? The metaverse is part of the new era of the internet in the world. Its main proposal is to create digital environments – as if they were worlds – that are different and accessible to all web users around the planet. In short, with just a device connected to the internet, you can immerse yourself in a realistic and interactive environment, parallel to real life. The idea is that you can have fun, work, study and even buy and sell in the metaverse.

"Blank paper"

In direct translation, called blank paper, the whitepaper It is a guide that serves to simplify the understanding of a given project or business.

Generally used in the technology sector, the whitepaper must contain the business objective, the problem to be solved, where the idea came from and how it will stand up, taking into account the challenges. 

To exemplify the usefulness of white paper, Suppose you are interested in launching a metaverse of your own. This way, you will have to convince investors and users that this business has solid foundations and is trustworthy; if people are interested in the world and if it will be palpable at the current stage of technology. How would the investment money be divided? It's like presenting a TCC (Course Conclusion Paper). 

@curtonews Have you ever heard of #whitepaper? Come here and the #NewsversobyCurto ♬ original sound – Curto News

Some questions that should be answered in the whitepaper:

• What is the purpose?
• What is?
• Who would be interested?
• How long does it take for the project to get off the ground?

What is web3.0?

Treated between the lines of technology as the new era of the internet, web3.0 promerevolutionize the way people relate to the world and generate discussion about reality. As it is a relatively new concept, there is still controversy about the meaning of the term. However, within web3.0, users are able to control and own creations, assets and virtual identities. Newsverso explains it to you!

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