Ethereum · 2015

MistCoin

A historic token created by the Ethereum team testing token standards in 2015.

WMC · mistcoineth.com
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Origin Story

How It Started

01

In the early years of Ethereum, EF leader Alex Van de Sande (avsa) led a team called Mist — focused on mass adoption by building Dapps that make Ethereum simple.

02

Fabian Vogelsteller was brought in as lead Dapp developer. Both avsa and Fabian were keenly interested in contract standards — and in the Mist Browser and Ethereum Wallet as the entry point for the ecosystem.

03

On Nov 3, 2015, just before Devcon 1, the team released a feature allowing anyone to create tokens in the Ethereum Wallet — the first token creation UI in the ecosystem.

04

Upon releasing it, Fabian created MistCoin and sent half the supply to avsa.

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Significance

The Standard

01

MistCoin was the first in hundreds of coins created from its source code in the Ethereum Wallet. These were the first tokens ever to be heavily traded and used on Ethereum — Fabian and avsa were handing MistCoin out on Reddit.

02

A few days later, avsa demoed the feature as a keynote speaker at Devcon 1. Fabian gave a dedicated talk on standardization.

03

16 days after creating MistCoin, Fabian published the original EIP-20 draft with Vitalik Buterin — paving the way to ERC-20: Token Standard, which defines every standard token in existence today.

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Today

Wrapped & Available

01

In 2022, avsa and Fabian were approached to help fund a group interested in historic NFTs. avsa donated hundreds of thousands of MistCoin for giveaways, and a wrapper was created to make MistCoin a standard ERC-20 tradeable on any DEX.

02

Fabian donated a large additional amount — half placed for sale — funding a full-range V2 pool locked for 100 years. Permanent, manipulation-resistant liquidity.

03

MistCoin — created by the co-author of ERC-20, the first token deployed in the Ethereum Wallet — is now available for all to collect. The provenance chain is complete and verifiable on-chain.

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History

Timeline

Jun 2015Vitalik publishes the Ethereum standards wiki
Nov 3, 2015Fabian & avsa create MistCoin — the first standard tokens in the Ethereum Wallet
Nov 2015avsa keynotes at Devcon 1, demos the Ethereum Wallet token feature
Nov 19, 2015Fabian & Vitalik publish EIP-20: Token Standard (→ ERC-20)
Sep 2017ERC-20 is finalized as the definitive token standard
Jul 2022MistCoin is wrapped — full-range V2 liquidity pool launched, locked 100 years
May 2025MistCoin source code verified on Etherscan
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Tokenomics

Mistonomics

Total Supply1 Million
Wrapped Supply600,000 WMC
V2 LiquidityFull-range · Locked 100 years
Lost / Inactive~10–20% of supply
Base BridgeYes
ListingsCoinEx & NonKYC
Community Multisig~15,000 MistCoin
60% Circulating
16% Locked LP
10% Community
14% Lost / Inactive
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Why It Matters

The Significance

01

MistCoin is the original ERC-20 — not in spirit, in fact. Created by Fabian Vogelsteller, co-author of the standard, 16 days before EIP-20 was published.

02

It is the actual on-chain artifact from the moment token standards were invented. The chain of provenance — FabianavsaDevcon 1ERC-20 — is unbroken and verifiable.

03

Historic Ethereum collectors seek this level of provenance. There is no comparable artifact anywhere in crypto — no other token was created by the authors of the standard that all tokens now follow.

04

The V2 pool locked for 100 years ensures liquidity is permanent — no rug vector, no admin keys, fully on-chain.

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Context

Ethereum Foundation Tokens

MistCoin and Unicorn Meat are both Ethereum Foundation originals — two chapters in the same story of Ethereum's earliest experiments with tokens.

💠
Nov 3, 2015
MistCoin

Fabian Vogelsteller. The first token in the Ethereum Wallet. Ancestor of all ERC-20s.

🦄
Feb 2016
Unicorns

avsa for the EF TipJar fundraise. Donation-minted. 2,717 total supply. Forever rare.

🍖
Mar 2016
Unicorn Meat

avsa's Grinder DAO. Quadratic voting, token swaps, mutations. Now collectible.

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Collect Ethereum History

The original token — created by the authors of ERC-20, now wrapped and available.

CONTRACT ADDRESSES

MistCoin

0xf4eCEd2f682CE333f96f2D8966C613DeD8fC95DD

Wrapped MistCoin (WMC)

0x7Fd4d7737597E7b4ee22AcbF8D94362343ae0a79

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