eths is considered to be the first "concept coin" of the first Ethereum inscription protocol Ethscriptions. Eths is the first "Ethereum inscription concept coin" deployed on the Ethereum main network. The rules for subsequent minting are determined by the Established by a caster.

Ethscriptions are similar to the Ordinals protocol on Bitcoin, allowing people to engrave different types of files on the Ethereum mainnet, as long as the size does not exceed 96KB. To be precise, the protocol is to note information (hexadecimal characters) on a transaction and then record it in the block.