What Does ApeCoin and Signuptoken.com’s Whitepapers Say?

If you own a macOS that was shipped post-2018, you might find something interesting stashed deep inside Apple’s system files.

Blogger and technologist Andy Baio discovered that every modern macOS copy has a copy of Satoshi Nakamoto’s original whitepaper for the Bitcoin cryptocurrency. The document can be accessed with an easy Terminal command.

“I was really trying to fix my printer,” Baio said. “I was trying to scan a document with my wireless printer/scanner, but the device wasn’t showing up in Image Capture after I upgraded macOS recently. Just this ‘Virtual Scanner II’ device that I’d never seen (or noticed?) before.”

If you want a refresher on Bitcoin for some reason, open the terminal and type the following command:

open /System/Library/Image\ Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf

What is a Whitepaper?

A whitepaper is a document issued by a company to promote the features of a product or service. The document aims to entice potential customers to learn more about a particular product, in this case cryptocurrencies.

Whitepapers differ from other marketing materials like brochures and flyers because they are not flashy or image-heavy. Instead, they provide factual evidence, research, and statistics.

Cryptocurrencies have been known to offer whitepapers during their presale phase to entice investors to their projects.

Bitcoin’s Iconic Whitepaper

Satoshi Nakamoto described the concept of Bitcoin in a whitepaper in 2008. The paper, Bitcoin: A Peer-to-Peer Electronic Cash System, described a digital currency that didn’t need a third party to conduct transactions.

The purpose of Bitcoin is to develop a computer technology, enabling parties to send payments directly to each other without requiring intermediaries like banks. The whitepaper also describes the problems with traditional payment systems, namely high transaction fees, proneness to fraud, and requirement of third parties.

Apecoin’s Whitepaper is Bananas

Apecoin is an ERC-20 token that rewards the Bored Ape Yacht Club community for holding BAYC NFTs. It is designed to be used on the ApeSwap ecosystem, a decentralised ecosystem built on the Binance Smart Chain.

Apecoin’s whitepaper states three purposes for the token: governance, unification of spend, and access to games, merch, and events.

You might be wondering if a token with such a quirky name could offer any value but you’d be surprised.

Apecoin has gained a decent following among Bored Ape fans. APE is similar to currencies like Bitcoin and Ethereum but is not widely accepted yet outside of the ApeSwap platform.

Signuptoken.com’s Mysterious Whitepaper

Signuptoken.com is a bit of an enigma. Unlike other new cryptocurrencies, Signuptoken.com has no presale or ICO.

Reading its whitepaper offers no explanation of what the coin is or what it can be used for. But the mystery could be a clever marketing tactic…

Signuptoken.com doesn’t have a presale but it does have a different gimmick. If you sign-up using your e-mail, you’ll get exclusive news about the token.

Once Signuptoken.com reaches a million sign-ups, it will launch on cryptocurrency exchanges. 3,000 people have already signed up; won’t you add your name to the list?

For More Info on Signuptoken.com:

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken