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What is Origin Protocol (OGN)?

Origin Protocol basic info

Name:Origin Protocol
Ticker:
Introduction:

What is Origin Protocol (OGN)?

Origin Protocol is a company that develops web3 technologies with the goal of making non-fungible tokens (NFTs) and decentralized finance (DeFi) more accessible to the general public. The company's partnerships and innovative tools are instrumental in achieving this objective. Origin Protocol's two flagship products are Origin Story (governed by OGN) and Origin Dollar (governed by OGV).

Origin Story is a white-label NFT marketplace solution that works with disruptors in various industries by utilizing non-fungible tokens. The platform hosts NFT marketplaces and tools in a variety of fields, including real estate, profile pictures, music, art, and entertainment.

Roofstock onChain, Pudgy Penguins, Sappy Seals, Paris Hilton, 3LAU, BT, Inspiration4, and The Doge Pound are just a few of Origin Story's partners. Instead of focusing on a specific area, Origin Story Marketplaces aim to cast a wide net across several industries impacted by NFTs. Investors may see OGN as a "picks and shovels" approach to investing in NFTs.

Who are the Founders of Origin Protocol (OGN)?

Josh Fraser and Matthew Liu launched Origin Protocol, with Mr. Fraser having a background in coding since childhood and being involved in the crypto industry since 2011. Mr. Liu, on the other hand, is a Stanford engineering alumnus and has been involved in crypto since 2014, participating in the Ethereum crowd-sale in the same year. The protocol's founding engineer is Yu Pan, a former co-founder of Paypal and ex-Google executive.

Origin Protocol's lead investor is Pantera Capital, and other investors include Foundation Capital, Blocktower, Steve Chen (founder of YouTube), Alexis Ohanian (co-founder of Reddit), and Garry Tan (partner at Y Combinator). The company aims to make NFTs and DeFi more accessible to the general public through innovative tools and partnerships. Origin Story and Origin Dollar are the company's flagship products, with Origin Story being a white-label NFT marketplace solution that works with disruptors in various industries.

What makes Origin Protocol (OGN) Unique?

Origin Protocol is dedicated to unlocking the value of crypto opportunities across various verticals. The company's white label marketplaces, Origin Story, offer creators and collectors more control over their digital products, with integrated data analytics, streamlined buying experiences, and custom aesthetics according to the client's brand. Additionally, Origin Story's NFT tooling provides unique ways for brands to utilize non-fungible tokens, including token-gated access, soulbound tokens, NFT auctions, and support for various file formats. To expand its user base, Story marketplaces support Polygon, and Origin is actively exploring other scaling solutions.

Origin Protocol's stablecoin, Origin Dollar (OUSD), is another critical aspect of the company. This stablecoin is fully collateralized and automatically accrues yield to user wallets without requiring staking or lock-up periods. It earns yield through blue-chip DeFi protocols such as Convex, Curve, Compound, and Aave, with higher APYs due to its unique rebasing mechanism. Only user wallets accrue yield, while funds held in smart contracts act as a multiplier on users' yield.

In the summer of 2022, OGV, the governance token for Origin Dollar, was airdropped to OGN holders. OGV is used to vote on collateral allocations across DeFi pools and accrues value through the stablecoin protocol's revenue.

How is the Origin Protocol Network Secured?

OGN is an ERC-20 token based on Ethereum. The Origin Protocol is committed to achieving greater decentralization and is presently in the second phase of a four-stage plan. It is important to note that only the protocol is being decentralized, and not applications like P2P payments or debit cards developed with OUSD, which remain centralized.

What is the OGN Token?

OGN serves as the governance and value accrual token for the Origin Platform. Those who hold OGN can participate in decision-making by voting on proposals such as adding or removing yield-earning strategies, allocating capital across different strategies, determining protocol fees, and deciding on ongoing incentives.

Conclusion

To summarize, the Origin Protocol cryptocurrency is poised to revolutionize the e-commerce industry by providing a transparent and decentralized platform. The OGN token supports secure peer-to-peer transactions, safeguards user privacy, and empowers community governance. Origin Protocol embodies the latest advances in decentralized finance, reflecting the ongoing evolution of digital technology.

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Current price:
All-time high:$3.39
All-time low:$0.06022

OGN supply and tokenomics

Circulating supply:679,750,300 OGN
Total supply:1,409,664,846 OGN
Max supply:1,409,664,846 OGN
Market cap:$72.12M
Fully diluted market cap:$149.57M
Token allocation:
Foundation Reserve
31.37%
Strategic Sale
23.75%
Team
20.24%
Ecosystem Growth Funds
12.99%
CoinList Sale
4.84%
Advisor Sale
4.39%
Advisor Grants
1.69%
Long-term Partnerships
0.73%
Tokenomics:

Token utility

OGN is the native utility token used to power the Origin platform, enable incentive systems, payments, and future governance mechanisms.

  • Rewards: users are rewarded with OGN when earning cashback on purchases, verifying identities, promoting Origin on social media, and referring new users to the platform.
  • Commissions/Advertising: sellers pay OGN commissions to application developers to promote their listings and gain higher visibility on marketplace and e-commerce applications to generate more sales.
  • Payments: buyers can pay sellers with OGN in exchange for receiving goods and services.
  • Staking: the Origin team is currently researching and developing new staking models that will generate yields for token holders in exchange for powering and supporting other parts of the network.
  • Governance: the OGN token will also have governance functionalities in the future.

Links

Buy Origin Protocol for $1Buy OGN now

What is the development prospect and future value of OGN?

The market value of OGN currently stands at $72.12M, and its market ranking is #527. The value of OGN is not widely recognized by the market. When the bull market comes, the market value of OGN may have great growth potential.

As a new type of currency with innovative technology and unique use cases, OGN has broad market potential and significant room for development. The distinctiveness and appeal of OGN may attract the interest of specific groups, thereby driving up its market value.

What will the price of OGN be in 2025?
Based on OGN's historical price performance prediction model, the price of OGN is projected to reach $0.1145 in 2025.
What will the price of OGN be in 2030?
In 2030, the OGN price is expected to change by -2.00%. By the end of 2030, the OGN price is projected to reach $0.1377, with a cumulative ROI of +29.67%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of OGN and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is OGN worth investing or holding? How to buy OGN from a crypto exchange?

If you want to buy OGN, the following information may be helpful for your investment decisions:
In the last seven days, the price of OGN has risen by 16.59%, leading to positive returns for most OGN investors. The market is currently optimistic about the price trend of OGN.
It is important to note that the current price of OGN has retreated by -96.87% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether OGN is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in OGN or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of OGN, if you want to buy or sell OGN, you can consider Bitget for your trading needs. The best place to buy OGN is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Origin Protocol has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Origin Protocol. Here's a step-by-step guide on how to buy Origin Protocol on Bitget.

How to get Origin Protocol through other methods?

Using cash to buy Origin Protocol is not the only way to obtain Origin Protocol. If you have the time to spare, you can get Origin Protocol for free.
Learn how to earn Origin Protocol for free through the Learn2Earn promotion.
Earn free Origin Protocol by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Origin Protocol airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Origin Protocol through Bitget Convert, Bitget Swap, or spot trading.

What is Origin Protocol used for and how to use Origin Protocol?

The use case of Origin Protocol may expand as the crypto market and the project itself develop. Currently, you can use OGN to achieve the following goals:
Arbitrage by trading OGN: Since OGN is a frequently traded cryptocurrency, the price of OGN is always fluctuating. Earn more OGN by buying low and selling high on the exchange. Bitget spot market provides a variety of OGN trading pairs to fully meet your needs.
Earn by staking OGN: You can also generate income through financial management methods such as staking OGN or lending OGN. Bitget Earn offers a variety of financial products designed to help you earn more income from your OGN.
Send or pay OGN: If you want to give OGN to your friends, a charity, or a fundraiser, or you want to pay someone with OGN, you can quickly and easily send OGN to the recipient through their payment address.
You can also go to the official website of the Origin Protocol project to learn more about the use cases of OGN. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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