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Over Unicorn Meat
“Unicorn Meat (W) is a unique and historic meme token created by Alex Van de Sande of the Ethereum Foundation in March 2016. Originally developed as a playful April Fool’s joke, it demonstrated various concepts such as token mutations and decentralized autonomous organizations (DAOs). This whimsical token arose shortly after the Ethereum Foundation launched the Unicorns program, which rewarded donors with Unicorn tokens in gratitude for their contributions. However, Unicorn Meat also featured an intriguing twist: it allowed users to “grind” their Unicorn tokens into Unicorn Meat through a dedicated contract, thereby enabling participation in governance via proposals that guided operational changes.
The narrative surrounding Unicorn Meat took an unexpected turn when Piper Merriam, a notable Ethereum developer, leveraged the governance mechanics to seize control of the contract and withdraw 5 ETH shortly after the token’s introduction. Fast forward to 2025, another Ethereum participant successfully proposed a transfer of ownership of the Unicorn Meat contract. Following this development, the supply of Unicorn Meat was capped at 100 million tokens, and the contract renouncement ensured that the token became a finite and tradable asset, appealing to collectors and fans of cryptocurrency lore alike.
As a meme token, Unicorn Meat (W) is recognized for its collectible nature rather than any financial investment potential, embodying a spirit of light-heartedness within the cryptocurrency community. Its wrapping ensures that the token remains accessible and tradable across various platforms, and airdrops have further engaged the community by rewarding early holders. The ethos of Unicorn Meat promotes enjoyment and creativity, inviting enthusiasts to participate in future initiatives aimed at preserving the fun and whimsy that characterizes its origins.”
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