# Question : Is it possible to release a token on Zcash?

**URL:** <https://forum.zcashcommunity.com/t/question-is-it-possible-to-release-a-token-on-zcash/23077>\
**Category:** Technology\
**Created:** [November 10, 2017, 9:05pm UTC](https://forum.zcashcommunity.com/t/question-is-it-possible-to-release-a-token-on-zcash/23077 "2017-11-10T21:05:13Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![gandotratushar](https://avatars.discourse-cdn.com/v4/letter/g/a9a28c/32.png) [@gandotratushar](https://forum.zcashcommunity.com/u/gandotratushar)\
**Post date:** [November 10, 2017, 9:05pm UTC](https://forum.zcashcommunity.com/t/question-is-it-possible-to-release-a-token-on-zcash/23077/1 "2017-11-10T21:05:13Z")

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Pardon me if this sounds like an idiotic question… but I would like to get an understanding on how these token system works… I have read that a lot of companies are based on ethereum blockchain … so is it the same case with Zcash or can it happen only on ethereum bc ? Also how is it different than a fork?

Or is my question fundamentally incorrect ?

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**Author:** ![garethtdavies](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/garethtdavies/32/210_2.png) [@garethtdavies](https://forum.zcashcommunity.com/u/garethtdavies)\
**Post date:** [November 10, 2017, 10:02pm UTC](https://forum.zcashcommunity.com/t/question-is-it-possible-to-release-a-token-on-zcash/23077/2 "2017-11-10T22:02:11Z")

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It’s not currently possible but it is planned. See point #5 here under innovation and there is a link there for more information: [The Near Future of Zcash - Electric Coin Company](https://z.cash/blog/the-near-future-of-zcash.html)

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**Author:** ![Voluntary](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/voluntary/32/4343_2.png) [@Voluntary](https://forum.zcashcommunity.com/u/Voluntary)\
**Post date:** [November 10, 2017, 10:02pm UTC](https://forum.zcashcommunity.com/t/question-is-it-possible-to-release-a-token-on-zcash/23077/3 "2017-11-10T22:02:46Z")

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Is that the same or at least similar to coloured coins on Bitcoin?

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**Author:** ![daira](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/daira/32/43253_2.png) [@daira](https://forum.zcashcommunity.com/u/daira)\
**Post date:** [November 12, 2017, 8:24pm UTC](https://forum.zcashcommunity.com/t/question-is-it-possible-to-release-a-token-on-zcash/23077/4 "2017-11-12T20:24:56Z")

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It can be used for similar things but is technically different; see [[ZIP 220] Zcash Shielded Assets (previously UDA or UIT) · Issue #830 · zcash/zcash · GitHub](https://github.com/zcash/zcash/issues/830#issuecomment-276411464)