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/biz/ - Business & Finance

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57441873 No.57441873 [Reply] [Original]

It's not the first time I'm putting this out here, but I won't stop insisting until Biz wakes up or it's too late for you guys. Instead of buying dead dog coins that have already had their moment and have thousands of holders ready to dump on your heads, you have the chance to buy the first ERC-20 in history, created by Fabian Vogelsteller, the creator of the ERC-20 standard. The fully diluted market cap is now 2 million, but about 70% of it is in wallets that have been inactive for over eight years. And the best part is, there's nothing to wait for. It's the first token in history. No promises, no roadmaps to fulfill, no crap. Just accumulate and let people slowly give it the value it really deserves, one of the most valuable collectibles in crypto.
In a way, you could say that Mistcoin is the genesis of all the fungible tokens in crypto. All the standards (BRC20, SRC20, BSC20...) have been named after the original Ethereum standard.

The most glaring example is Ordi, which, having only 6-8 months of existence, already reached a market cap close to 2 billion as arguably the first "fungible" token in Bitcoin. Surely, Inscriptions might have disappeared within 8 years, but I'm confident that the ERC-20 standard will still be relevant another 8 years from now.

Lastly for today, being the first fungible token in crypto, on the first blockchain with smart contracts, carries immense implications. It can be seen as the first stock, the first share, the first tokenized representation of a real asset, the pioneer memecoin, the primary governance token...

>> No.57441882

>>57441873
bitcoin, all the way down to a satoshi, are fungible.

>> No.57441884

>Biz
Why is it so hard for you niggers to figure out the name of the board when it's literally at the top of the page.

>> No.57441909

>>57441882
Sure, but 1 sat can be only the representation of 0.000000001 BTC.

ERC20s can be the representation of unlimited assets compatible each other

Mist coin is the genesis of that

>> No.57442217
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57442217

>> No.57442961
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57442961

>> No.57443366

the genesis of everything on ethereum, piece of history right in front your eyes

>> No.57443861

>>57441873
why is it wrapped?

>> No.57443880
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57443880

>> No.57443900

>>57443861
In other words, original mist coin contract doesn’t have the approve function that was later implemented in every erc20.

Approve function allows third applications (like uniswap) to spend your tokens.

>> No.57443914

>>57441873
Top wallet has been buying up around 10% of the supply the past couple of months...
yikes

>> No.57443923

>>57443900
It is very interesting tho, thank you op

>> No.57444222

interesting
thanks anon