Does Ethereum have a standard contract for "dumb" assets that most common wallets understand? Mainly so that one can

  • Issue new assets (one time issue)

  • Distribute these assets to the accounts of shareholders

  • Accounts then can freely move assets between them

  • Welcome to the Ethereum Stack Exchange! This is a great question, thanks for asking it.
    – J-B
    Mar 18, 2016 at 18:37

1 Answer 1


In Ethereum they are commonly referred to as tokens. Here's the official guide: https://ethereum.org/token. It is very thorough and should answer all your questions.

On the technical side, this is the EIP discussing an official API for all token contracts: https://github.com/ethereum/EIPs/issues/20

Interestingly I haven't found a proper answer on stackexchange in this topic yet, but there are plenty of specific questions if look for "token" or "tokens".

  • Any idea if (any) wallet implements this standard yet, so I don't need to come up with my own wallet? Mar 18, 2016 at 20:35
  • 1
    The official Ethereum Wallet does. If you follow the linked guide it illustrates it wit the Ethereum Wallet.
    – axic
    Mar 18, 2016 at 20:52

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