Is the white paper useful? No.

White papers are like scripts, fake, and they always are, just written but not implemented, to fool people.

It's a simple truth. The business world is like a battlefield. The market is constantly changing, and the demand is constantly changing. How can you survive if you follow the white paper completely?

People in the traditional venture capital circle like to look at BP to make investment decisions, and entrepreneurs seize this point and write a lot of BP to institutions, with the purpose of raising money. As for what to do after getting the money? We'll talk about it later.

So when investing in a project, don't look at the white paper, it's useless.