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The Origin Protocol was built on the Ethereum blockchain and aims to bring non-fungible tokens (NFTs) and decentralized finance (DeFi) to the average consumer. According to Origin Protocol's litepaper, the protocol seeks to enable a decentralized peer-to-peer (P2P) marketplace, allowing for commerce without the need for intermediaries. Origin Protocol believes that this should promote an open and transparent platform for commerce.
The platform has begun focusing on an NFT marketplace and launchpad, which already allows buyers and sellers to purchase and sell fractional use goods and services. The platform has also developed a US dollar stablecoin called Origin USD (OUSD).
While OUSD is a prominent part of the ecosystem, it is the native OGN token that powers the platform. The token can be used for staking, governance and the collection of fees within the Origin Protocol ecosystem.
Origin Protocol (OGN) is the 346th largest cryptocurrency in the world by market cap, valued at $128,790,772. The current price of Origin Protocol is $0.317042, which is -0.073% lower than yesterday. Prices have ranged between $0.389923 and $0.293228 over the past 24 hours. All prices are listed in US dollars and accurate as of January 22, 2022 04:01 UTC.
| Coin symbol | OGN |
|---|---|
| Coin Marketcap | US$128,790,772 |
| Total OGN supply | 1,000,000,000 |
| Circulating OGN | 404,201,451 |
| Current price | US$0.317042 |
| Notable team members | Josh Fraser, Matthew Liu, Yu Pan |
| Partnerships | Amazon Web Services, Google Cloud |
| Industry | Decentralized marketplaces |
| Token uses | Staking, governance, commissions |
| Network | Ethereum |
Historical prices compared with the price of US$0.317042.
| 1 hour | -17.79% |
|---|---|
| 24 hours | -0.07% |
| 7 days | 1.97% |
| 14 days | -18.69% |
| 30 days | -39.14% |
|---|---|
| 60 days | -41.89% |
| 200 days | -50.16% |
| 1 year | -69.02% |
Disclaimer: Cryptocurrencies, including Origin Protocol, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of OGN is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Origin Protocol or any other cryptocurrency discussed.