Counterparty is a DApp development and tokenization platform that is built on the bitcoin blockchain. The open source protocol is powered by the native XCP currency and has a Proof of Burn mechanism. The platform allows users to create their own virtual assets and trade them on a decentralized exchange. It also enables developers to create financial applications that extend the peer to peer functionalities of the bitcoin blockchain.

Noku is developing a tokenization platform for Ethereum. Their goal is to create an all-in-one ecosystem that will make it easier for users to create their own tokens and launch their own blockchain projects. The Noku network is powered by the Ethereum-based NOKU token.