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Tokens on Obyte

There’s more to Obyte than just GBYTE.
Besides the native coin, Obyte supports many other digital units called tokens.
But what exactly is a token? And how does it work on Obyte?

Here’s your quick and easy introduction.

What is a token?
GBYTE vs. Token – What’s the difference?
How do you create a token?
Why create your own tokens?
Tokens from other chains
Conclusion

What is a token?

A token on Obyte is a digital unit that exists directly on the DAG.

Tokens can represent all kinds of things: a currency, a voucher, a voting right – or simply a symbol of belonging.
They are building blocks for custom use cases – from community projects to DAOs.

📌 You can explore all existing tokens on Obyte in the Asset Directory. Technically, tokens on Obyte are called “assets” – but we’ll stick with “token” for simplicity.

GBYTE vs. Token – What’s the difference?

GBYTE is – as you may know – the native token of Obyte.
It’s used to pay for transactions and storage fees.
(More on that in the article: GBYTE – The Coin of Obyte)
Tokens, on the other hand, are custom digital units that can be created by individuals or organizations.
They can represent anything – from loyalty points to club memberships.

Examples of what a token can be:

a reward token
a privacy coin like Blackbytes
a token that grants access (e.g. to a private group)

All tokens are treated equally on Obyte – they can be sent, used, and integrated just like GBYTE.

How do you create a token?

Anyone can create their own tokens on Obyte – either via the wallet or using special Autonomous Agents (AAs).

You define:

the name and ticker
the total supply and decimal places
whether more tokens can be issued
if they are freely transferable
who is allowed to hold them (e.g. only verified users)

🛠 At https://asset.obyte.app you’ll find a simple tool to create your own token in just a few clicks.

Why create your own tokens?

Tokens can be used for many things, including:

rewards and incentives
loyalty points (like Payback or airline miles)
access to exclusive content
representing real-world value (e.g. shares, currencies, property)

From loyalty cards to real estate – anything that can be represented digitally can be tokenized.
Creating a token on Obyte is easy – and completely independent of any central authority.

💡 TIP: If you want to dive deeper into the topic, we recommend this documentary: 🎬 Token – Economic System Of The Future? – a worthwhile YouTube doc on the role of tokens in the digital economy.

Tokens from other chains

Besides custom tokens, Obyte also supports tokens from other networks, such as:

ETH – Ethereum
WBTC – Bitcoin (Wrapped)
BNB – Binance Coin
MATIC – Polygon
USDC – Stablecoin
KAVA – Kava ecosystem

This means:
You can use ETH, USDC and others directly on the DAG – to send, swap, use in DApps or interact with Autonomous Agents.

These tokens are brought into Obyte via the Counterstake-Bridge.
They are pegged 1:1 to their original counterpart – also known as “wrapped tokens”.

🔁 Counterstake is a decentralized bridge that lets you bring any token from EVM-compatible networks (like Ethereum, Polygon or BNB Chain) to Obyte.

Conclusion

Tokens on Obyte give you the freedom to create and manage digital value – easily, flexibly, and without technical barriers or central gatekeepers.

And the best part:
On Obyte, there’s no need for complicated smart contracts – everything runs on simple, clear rules directly on the DAG.

You can create your own token in just a few clicks – no coding required.
Go ahead and try it!