diff --git a/runtime/near-vm-runner-standalone/README.md b/runtime/near-vm-runner-standalone/README.md
index 56c97fd8026..d4b3e001f2d 100644
--- a/runtime/near-vm-runner-standalone/README.md
+++ b/runtime/near-vm-runner-standalone/README.md
@@ -17,3 +17,11 @@ To use run like this:
                 --state '{"U1RBVEU=":"AQAAAAMAAABib2IFAAAAMTIzNDU="}'
 ```
 I.e. persistent state could be passed across runs via `--state` parameter.
+
+
+There are some test contracts in this repository, for example:
+
+```
+   cargo run -- --wasm-file=../near-vm-runner/tests/res/test_contract_rs.wasm \
+                --method-name=log_something
+```
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diff --git a/runtime/near-vm-runner-standalone/example-contract/Cargo.toml b/runtime/near-vm-runner-standalone/example-contract/Cargo.toml
deleted file mode 100644
index 78b50a1c8b9..00000000000
--- a/runtime/near-vm-runner-standalone/example-contract/Cargo.toml
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-[package]
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-panic = "abort"
-
-[workspace]
-members = []
diff --git a/runtime/near-vm-runner-standalone/example-contract/build.js b/runtime/near-vm-runner-standalone/example-contract/build.js
deleted file mode 100644
index e0d1430f7bd..00000000000
--- a/runtime/near-vm-runner-standalone/example-contract/build.js
+++ /dev/null
@@ -1,6 +0,0 @@
-const shell = require('shelljs');
-
-shell.fatal = true;
-
-shell.cd('example-contract');
-shell.exec('cargo build --target wasm32-unknown-unknown --release');
\ No newline at end of file
diff --git a/runtime/near-vm-runner-standalone/example-contract/run.js b/runtime/near-vm-runner-standalone/example-contract/run.js
deleted file mode 100644
index 589ad5897e4..00000000000
--- a/runtime/near-vm-runner-standalone/example-contract/run.js
+++ /dev/null
@@ -1,6 +0,0 @@
-const shell = require('shelljs');
-
-shell.fatal = true;
-
-shell.exec('cargo run --package near-vm-runner-standalone --bin near-vm-runner-standalone --  --method-name=ping  ' +
-    '--wasm-file=./example-contract/target/wasm32-unknown-unknown/release/example_contract.wasm');
\ No newline at end of file
diff --git a/runtime/near-vm-runner-standalone/example-contract/src/lib.rs b/runtime/near-vm-runner-standalone/example-contract/src/lib.rs
deleted file mode 100644
index b0b27f02c2e..00000000000
--- a/runtime/near-vm-runner-standalone/example-contract/src/lib.rs
+++ /dev/null
@@ -1,19 +0,0 @@
-use borsh::{BorshDeserialize, BorshSerialize};
-use near_sdk::{env, near_bindgen};
-
-#[global_allocator]
-static ALLOC: wee_alloc::WeeAlloc = wee_alloc::WeeAlloc::INIT;
-
-#[near_bindgen]
-#[derive(Default, BorshDeserialize, BorshSerialize)]
-pub struct Basic {
-    pings: i32,
-}
-
-#[near_bindgen]
-impl Basic {
-    pub fn ping(&mut self) -> String {
-        self.pings = self.pings + 1;
-        format!("PONG {}: {}", env::current_account_id(), self.pings)
-    }
-}