MAGIC•INTERNET•MONEY (Bitcoin)

Magic Internet Money (MIM) is the first mainstream Bitcoin meme, originally created in 2013 and deployed a decade later on the Bitcoin blockchain by its original artist, Mavensbot.

It all began in the r/bitcoin subreddit, where Mavensbot posted his now-iconic MS Paint artwork of the “Magic Internet Money Wizard”. His drawing was later turned into a reddit ad to promote Bitcoin. It then became the most successful Reddit ad of all time and played a key role in Bitcoin’s early rise from $27 to $1,132, while helping grow the r/bitcoin subreddit community from 10,000 to over 100,000 subscribers by the end of 2014.

True to Bitcoin’s ethos, Magic Internet Money deployment was a fair launch in the most literal sense: no presale, no premine, no insider allocations. It remained untouched for a full month, not a single transaction, no secret wallets accumulating. Only when Mavensbot tweeted did the minting frenzy begin. Every single token is out in the wild, owned by the people. Magic Internet Money represents Bitcoin culture, history, and provenance immortalized on-chain.