The Witnet network is a decentralized blockchain-agnostic oracle, true to the censorship-resistant nature of the blockchain. It runs on its own blockchain, using WIT coins as its native currency. A bridge has been built to handle data requests from the Ethereum blockchain. Bridging from other networks is also planned for the future.

The eWIT token is a custodial, wrapped version of the Witnet coin managed by the WitSwap platform. Whenever someone wants to convert WIT coins to eWIT tokens, the WitSwap team will mint such tokens and keep them in custody. Users on the Ethereum network will also have the option to exchange their eWIT tokens back for WIT coins.