In the cryptocurrency world, the whitepaper is usually published by the initiator of a project between the time the project is announced and the launch of the ICO (the fundraising in cryptocurrencies). It describes the general objective of the project and the means used to achieve its implementation. Some whitepapers go into great detail about the technical aspects, others only explain the steps to be taken, without explaining how the team will do it.
Therefore, the whitepaper is one of the first source of data available to analyze in order to know the relevance of a cryptocurrency project. Each day dozens of new cryptos are created and their respective whitepapers can be more or less long to read. In order to know quicker the key points of each whitepaper, artificial intelligence is of great help.
Through this post, we will study the subjects treated in each whitepaper in order to have a clearer vision about the convergences (or divergences) between the projects. To do so, we will rely on NLP, a part of artificial intelligence. More specifically, topic modeling will be the basis of our analysis.