diff --git a/EIPS/eip-1261.md b/EIPS/eip-1261.md
index d8224f7763565..eac7711abd104 100644
--- a/EIPS/eip-1261.md
+++ b/EIPS/eip-1261.md
@@ -4,7 +4,7 @@ title: Membership Verification Token (MVT)
 author: Chaitanya Potti (@chaitanyapotti), Partha Bhattacharya (@pb25193)
 type: Standards Track
 category: ERC
-status: Draft
+status: Stagnant
 created: 2018-07-14
 requires: 165, 173
 discussions-to: https://github.com/ethereum/EIPs/issues/1261