How to Use Dogeparty: A Complete Guide

In this guide, we explain everything you need to know about Dogeparty, the standard asset and NFT creation protocol for Dogecoin.

Table of Contents

1. What is Dogeparty?

2. How Does It Work?

   • XDP
   • Dogewallet

3. Getting Started

   • Dogewallet Installation
   • Wallet Creation
4. Sending/Receiving Assets

5. Creating Assets

   • Numeric Tokens
   • Named Tokens
   • Attaching Images

6. Understanding Dispensers

   • Buying from Dispensers
   • Selling via Dispensers

What is Dogeparty?

Dogeparty is a protocol built on the Dogecoin blockchain, enabling the creation and management of tokens (including NFTs). Forked from Counterparty (Bitcoin’s equivalent), Dogeparty gained prominence with projects like Rare Doges, the Dogecoin version of Rare Pepes.

Key features:

• Trustless token creation
• NFT support
• Decentralized exchange (DEX)

👉 Explore Dogeparty’s potential

How Does It Work?

Dogeparty embeds token-related data into Dogecoin transactions, encrypted and interpreted by its protocol. This ensures:

• Immutability: Transactions cannot be altered.
• Security: No centralized intermediaries.

XDP

• Utility token for creating Named Tokens (0.5 XDP per token).
• Initially distributed via Proof of Burn (1.85B DOGE burned in 2014).

Dogewallet

The primary interface for Dogeparty, offering:

• Token creation/management
• Built-in DEX
• Multi-platform support (Windows, macOS, Linux).

Getting Started

Dogewallet Installation

1. Download the Dogewallet from dogeparty.net/wallets.
2. Run the installer (bypass Windows security warnings if trusted).
3. Launch the wallet and select Create New Wallet.

Wallet Creation

1. Secure your 12-word passphrase (store offline).
2. Fund your wallet with DOGE to cover transaction fees (1 DOGE per send).

👉 Get started with Dogewallet

Creating Assets

Numeric Tokens

• Cost: Free (1 DOGE fee).
• Format: "A" followed by digits (e.g., A123456).

Named Tokens

• Cost: 0.5 XDP + 1 DOGE fee.
• Customization: Name (4–12 chars), divisibility, and descriptions.

Attaching Images

Embed image URLs in the token description (e.g., imgur/AgzTcvS.jpg).

Example NFT Token:

Name: RAREDOGE  
Supply: 1 (Non-divisible)  
Description: imgur/AgzTcvS.jpg; Rare Digital Art  

Understanding Dispensers

Dispensers automate token sales by escrowing assets until sold.

Buying from Dispensers

1. Search for active dispensers in the Dogewallet or xchain.
2. Send DOGE to the dispenser’s address to receive tokens.

Selling via Dispensers

1. Escrow tokens at a fixed price (e.g., 10 DOGE per token).
2. Buyers auto-receive tokens when sending DOGE.

Warning: Never open multiple dispensers at one address!

FAQ

Can I trade DOGE directly for tokens?

Yes, but DOGE trading pairs on the DEX are buggy. Stick to XDP pairs for reliability.

How do I lock token supply?

Right-click the token in Dogewallet and select Lock Supply (irreversible).

What’s the cost to pay dividends?

Dividends cost 0.0002 XDP per recipient + 1 DOGE fee.

Final Tips

• Use xchain.io to track transactions.
• Join the Dogeparty Telegram for support.
• 👉 Maximize your Dogeparty experience