Counterparty is a Bitcoin-based protocol for creating tokens, NFTs, and decentralized exchange functionality, extending Bitcoin's capabilities by embedding data directly into standard Bitcoin transactions. Counterparty's Twitter Score is 78 out of 1000 (a Good rating) as of October 2026, ranking #10,282 (top 5%) among 493,668 tracked accounts.
Counterparty was co-founded by Adam Krellenstein, Evan Wagner, and Robby Dermody, launching in 2014 and predating Ethereum as an early platform for user-issued assets on Bitcoin. The protocol has positioned itself as one of the original DeFi and NFT layers built on Bitcoin, enabling asset issuance and trading without altering Bitcoin's core code. Counterparty previously had an affiliation with the Overstock Medici and tZERO initiative, though that relationship has since ended.
Counterparty gained notable cultural recognition as the platform on which Rare Pepe NFTs were recorded, an early and influential chapter in the history of blockchain-based digital collectibles. On October 17, 2024, the protocol's official site reported a partial network outage, with a hotfix released shortly after. Counterparty has published 2,446 posts on the platform and has been mentioned by 242 accounts, with 910 total mentions.
Who follows Counterparty on X?
The accounts that follow Counterparty include 322 founders, 52 angel investors, 160 influencers and 5 VCs, among them Erik Voorhees, Kyle Samani, Threadguy, Joseph Lubin, Udi Wertheimer and Eric Wall.