So you have your mega-million ICO (or STO) project, and you and your team have written your WhitePaper and you’re ready to send it out to investors and watch the cash come rolling in. Then someone mentions that maybe you should translate the white paper into a different language and now you’re left wondering if maybe you should. Let’s discuss:

Why should you even translate your WhitePaper?

Attract investors from other countries

Attracting foreign investors is the top reason for translating your WhitePaper. Even if they speak English, it’s always more convenient and easy to read it in your native language. Investors are more likely to give money to your project if they fully understand exactly what your goal is how you plan to go about achieving it. Also, reading highly-technical materials is so much better in your first language.

2. Expanding your market

One of the biggest things translating your WhitePaper does is open your market up to all the foreign crypto users who speak that language, which can be a huge gain depending on the market you choose. Having your white paper translated makes your project look professional and well put together. It can make or break your project in a foreign market so never skip this step!

Translating your WhitePaper can really only be an advantage for you, but there are a few things that can hurt your translation, so let’s look at the two biggest mistakes to avoid.

Two Mistakes to Avoid Making

Too ‘local’ — only makes sense in English/is hard to translate

Your WhitePaper should be professional and straddle the line between technical and understandable. This can be complicated enough in one language and sometimes ICOs or STOs use language that is too specific to English, or not easily translatable into a foreign language. Meaning there aren’t similar words in the foreign language, or the word is too general to be understood. Now imagine you have to translate this into a foreign language. It becomes much harder and more work. So when making your white paper, be aware of the language you’re using.

2. Someone who isn’t well-versed in technical terms translates it

Say you want to save money and have a bilingual colleague translate your document. But they usually only speak this language with family and know none of the blockchain terms in their second language, now the work has become harder for them and they’re liable to make mistakes that could prevent your project from being spread around and becoming a success. Blockchain and fintech projects require a certain vocabulary and if the translator isn’t fluent in that vocabulary, it can mean a bad translation.

WhitePaper translation is a crucial part of getting your project to go global, so put some extra effort into having it translated. These mistakes can be avoided all by hiring a professional translation agency that is well-versed in the blockchain and fintech spheres. Allow them to help your project reach every corner of the globe.

If you’re looking for a translation agency to help you avoid these mistakes, look no further, PolyTranslate is the firm you need. We have a team of highly capable individuals who can translate into several different languages. This team has had over a year’s worth of experience in the field of blockchain and fintech and therefore know exactly what they’re doing. If you’re interested in having your WhitePaper translated, stop by PolyTranslate.com and get a free estimate!