About OGN
Official Website
Social Media
Frequently Asked Questions
What Is Origin Protocol (OGN)?
Read MoreOrigin Protocol develops web3 technologies with the intention of bringing non-fungible tokens (NFTs) and decentralized finance (DeFi) to the masses. The protocol’s unique tooling and diverse partnerships help in realizing these goals. Origin Protocol has two flagship products: Origin Story (governed by OGN), and Origin Dollar (governed by OGV).
Origin Story is a white label NFT marketplace solution that works with disrupters in various sectors by leveraging non-fungible tokens. The platform hosts NFT marketplaces and tooling in various industries, including the real estate, profile picture, music, art and entertainment industries.
Some of Origin Story’s partners include Roofstock onChain, Pudgy Penguins, Sappy Seals, Paris Hilton, 3LAU, BT, Inspiration4, and The Doge Pound. Origin Story Marketplaces seek to cast a wide net in various industries being impacted by NFTs, rather than focusing on any one area in particular. Investors may see OGN as the ‘picks and shovels’ approach to investing in NFTs.
Who Are the Founders of Origin Protocol?
Read MoreOrigin Protocol was launched by Josh Fraser and Matthew Liu. Since his childhood, Mr. Fraser has been coding and has been involved in the crypto industry since as early as 2011. He is the founder of the web optimization company Torbit, later acquired by Walmart Labs. Mr. Liu is a Stanford engineering alumnus that has been involved in crypto since 2014 and participated in the Ethereum crowd-sale in 2014. The protocol’s founding engineer is Yu Pan, a former co-founder of Paypal and ex-Google executive.
Origin’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).
What Makes Origin Protocol Unique?
Read MoreOrigin Protocol aims to unlock value in crypto-centric opportunities across several verticals.
Origin Story marketplaces grant creators and collectors more control over their content and digital products. Each white label marketplace offers an integrated data analytics dashboard, aggregated marketplace listings, streamlined buying experiences, and custom aesthetics aligned with the client’s brand.
Furthermore, Origin Story’s NFT tooling offers ways for brands to utilize non-fungible tokens in unique ways. The protocol supports token-gated access, soulbound tokens, various file formats, NFT auctions, and more for creators to make the most out of their non-fungible tokens. In order to reach a larger user base, Story marketplaces support Polygon, and Origin is actively evaluating other scaling solutions.
Another key part of Origin Protocol is its stablecoin Origin Dollar (OUSD). This fully collateralized stablecoin does not require staking or lock-up periods and automatically accrues yield to user wallets. Yield is earned through blue-chip DeFi protocols such as Curve, Convex, Compound, and Aave, yet it earns higher APYs due to its unique rebasing mechanic. Only user wallets accrue yield, so funds held in smart contracts act as a multiplier on users’ yield.
Origin Dollar Governance (OGV) was airdropped to OGN holders in the Summer of 2022. OGV is the governance token for Origin Dollar, and it’s used to vote on collateral allocations across DeFi pools and accrues value through the stablecoin protocol’s revenue.
How Many Origin Protocol (OGN) Coins Are There in Circulation?
Read MoreThe Origin Token (OGN) is the governance and value accrual token for the entire Origin Platform. Token holders can vote on the following proposals:
- Adding/removing new types of yield-earning strategies.
- Allocating capital across a basket of strategies.
- Determining what fees are charged by the protocol.
- Determining what incentives are offered on an ongoing basis.
10% of the yields generated by OUSD are collected as a fee and used to buy back OGN. OGN holders benefit from OUSD supply expansion, because with a higher supply of OUSD, generated fees that flow to OGN holders increase as well. The total supply of OGN is 1 billion according to the following distribution:
- Advisor Sale: 4.38% at $0.0685
- Strategic Sale: 23.75% at $0.12
- CoinList Sale: 4.84% at $0.1364
- Team tokens: 20.24%
- Advisor Grants: 1.69%
- Foundation Reserves: 31.37%
- Ecosystem Growth Funds: 12.99%
- Long-term Partnerships: 0.73%
How Is the Origin Protocol Network Secured?
Read MoreOGN is an ERC-20 token on Ethereum.
The Origin Protocol is on a path of continuous decentralization and is currently in the second of four phases of decentralization. Origin Protocol stresses that decentralization is only related to the protocol and does not extend to centralized applications like peer-to-peer payments or debit cards built on OUSD.
Where Can You Buy Origin Protocol (OGN)?
Read MoreOGN is available on Binance, Hotcoin Global, Bitget, Mandala Exchange, and BingX.
What is the all-time high price of Origin Protocol (OGN)?
Read MoreThe all-time high of OGN was 3.39 USD on 2021-04-08, from which the coin is now down 96.85845323669618%. The all-time high price of Origin Protocol (OGN) is 3.39. The current price of OGN is down 96.85845323669618% from its all-time high.
How much Origin Protocol (OGN) is there in circulation?
Read MoreAs of
, there is currently 696.26M OGN in circulation. OGN has a maximum supply of 1.41Bn. What is the market cap of Origin Protocol (OGN)?
Read MoreThe current market cap of OGN is 74.15M. It is calculated by multiplying the current supply of OGN by its real-time market price of 0.106498435276.
What is the all-time low price of Origin Protocol (OGN)?
Read MoreThe all-time low of OGN was 0.06270648
, from which the coin is now up 69.83641128636148%. The all-time low price of Origin Protocol (OGN) is 0.06270648. The current price of OGN is up 69.83641128636148% from its all-time low. Is Origin Protocol (OGN) a good investment?
Read MoreOrigin Protocol (OGN) has a market capitalization of $74.15M and is ranked #617 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Origin Protocol (OGN) price trends and patterns to find the best time to purchase OGN.