Origin Protocol is the blockchain platform for decentralized commerce. It will allow a free an open-source solution for e-commerce platforms so anyone can create an online store and start selling quickly without transaction fees. They also have projects for an NFT marketplace, Defi using the Origin Dollar (OUSD) and the Origin token. Current Price: $0.982
What is the use case of Origin Protocol?
Origin will provide a decentralized platform for buyers and sellers to transact without any middlemen.
Products:
- dShop – eCommerce
- Defi
- NFT Marketplace
What problem does it solve?
Origin Protocol will decentralize the ability for peers to buy and sell goods on an online marketplace. This resolve unfair transaction fees, lack of transparency and drive innovation. The protocol creates a decentralized and incentivized environment for buyers and sellers to facilitate business using the Ethereum blockchain and Interplanetary File System (IPFS). In addition to buying and selling, This will include, you will be able to check for available listings, write reviews and perform many other actions.
Token
Origin’s protocol token is (OGN).
Total Supply: 1B
Development Team
Origin has an impressive collection of founders and developers from seven countries. The teams have experience in projects ranging from YouTube, Paypal, Google, Dropbox and others. Origin Protocol is headquartered in San Francisco with several investors in various parts of the world. The protocol was launched in 2017 by Josh Fraser and Matthew Liu. Click here to view the team.
Investors
Origin has a mixture of approx. 30 institutional and individual investors. You can review the entire list here.
Pros
- Cost: This solution will reduce the cost of entry for eCommerce
- Accessibility: This will improve accessibility for new users to eCommerce
- Doxxed team: The majority of the team is well known and established in several industries.
Cons
- This is still early, there are no operating products or solutions at the moment.
- Over 20% of OGN has been allocated to the team.
DYOR
Website
Litepaper
Governance
Origin Dollar
