Origin Protocol Logo

Origin Protocol OGN

Origin Protocol header image

1. Summary

Fundamental Rank
Developer Rank
Social Rank
Coinrank
Price
$1.13 +7.7%
Market Cap
$442.15M (#190)
Supply
390.48M / 1.00B
Price
52W High price $3.10
52W High date 9th Apr 2021 (7 months ago)
All Time High (ATH) Date 8th Apr 2021 (7 months ago)
ATH Price $3.00
% From ATH -66%
All Time Low (ATL) Date 30th Jan 2020 (1 year ago)
% From ATL 995%
Supply & Trading Volume
Volume (24h) 197.21M
Total Supply 1.00B
Max Supply 1.00B
Circulating Supply 390.48M
Description

Origin can be defined as an open-source platform that enables the creation of peer-to-peer marketplaces alongside e-commerce applications. It initially targeted the global sharing economy with the attempt of enabling buyers and sellers of fractional use goods and services to transact on the distributed and open web.

Origin can be defined as an open-source platform that enables the creation of peer-to-peer marketplaces alongside e-commerce applications. It initially targeted the global sharing economy with the attempt of enabling buyers and sellers of fractional use goods and services to transact on the distributed and open web.

Through implementing the Ethereum blockchain as well as interplanetary File System (IPFS) the platform and its community have the ability to interact in a peer-to-peer method which allows for the creation as well as bookings of services and goods without a traditional intermediary.

This protocol in turn allows for the creation of a decentralized setting where both the buyers as well as the sellers can connect, check for available listings, write reviews, and perform other actions. This allows for an easier process of trading assets, and it addresses some of the issues of extant online markets. The issues it tackles are the unfair transaction fees, lack of transparency, and more specifically, lack of any innovation alongside the centralization issues. This means that the Origin Protocol creates a decentralized and incentivized environment, where the buyers, as well as sellers, can facilitate their business.

The OGN Token Explained

The OGN token is the native utility token that is used to power the Origin Platform. It is used to enable incentive systems, payments, and future staking as well as governance mechanisms.

Features of Origin Protocol

The main goal of the Origin Protocol is to promote an open as well as free exchange of services. It builds peer-to-peer marketplaces and enables true peer-peer commerce.

In terms of the features implemented within it, you have lower fees as a starting point. Airbnb for example charges hosts from 3 to 14% in fees, while Uber’s 25% commission rate can go higher when you factor in additional fees. Once these middlemen are removed, buyers, as well as sellers, save a lot of money. You also get increased access, which means that these markets become accessible to everyone, even the unbanked, and anyone can access the marketplace just by using their phones. People have better incentives due to the fact that the platform rewards behavior that contributes to its growth through referring new users, building applications, and a safety infrastructure among other things. Last but not least it has censorship resilience, which means that it eliminates single points of failure through the process of building pools for people to transact with each other in a trustless and distributed way.

Founders of Origin Protocol (OGN)

The origin protocol has its headquarters in San Francisco and was launched in 2017 by Josh Fraser and Matthew Liu.

Discussing Josh Fraser, he is the co-founder of Origin Protocol, however, worked on three companies before it. This is why he has earned the title of a serial entrepreneur and has been an active member of the crypto space for a long time. He worked as a CTO at EventVue as well.

Discussing Matthew Liu, he Is the co-founder of Origin Protocol, and he has worked as a software engineer as well as a product manager within the blockchain industry for years. He used to be the product manager at YouTube.

Aside from the co-founders, you have other people working on the project as well. Notable among them are Yu Pan and Frank Chastagnol.

Discussing Yu Pan, he is the founding engineer at Origin protocol and has worked at Google, as well as PayPal. He co-founded Kiwi Crate as well.

Discussing Frank Chastagnol, who fills the role of VP of engineering, he has a history of working at YouTube as well as Dropbox.

2. Price

$OGN / USD

2.1. Market Performance

How does Origin Protocol's (OGN) performance compare to assets of a similar market capitalization?

30 Day Return

35.2%

OGN

43.6%

Similar Market Cap

60 Day Return

48.6%

OGN

57.1%

Similar Market Cap

1 Year Return

590.6%

OGN

408.1%

Similar Market Cap

3. Developer Activity

We're monitoring 42 Origin Protocol Github repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in Github's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Origin Protocol Repos)

Commits vs. The Market

  • Past 4 weeks: 87 commits vs. an average of 31
  • Past 12 weeks: 257 commits vs. an average of 124
  • Past year: 2,062 commits vs. an average of 863

Most Active Repos

Past week 7
Past 12 weeks 21
Past year 2411
Past week 0
Past 12 weeks 0
Past year 1270
Past week 3
Past 12 weeks 8
Past year 462
Past week 25
Past 12 weeks 31
Past year 360
Past week 13
Past 12 weeks 75
Past year 245
4. Social Activity
Reddit Subscribers 7,384
Active Reddit Users (past 24h) 19
Telegram Users 27,479
Twitter followers 129,160
5. News
6. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website http://www.originprotocol.com
Explorer https://etherscan.io/token/0x8207c1ffc5b6804f6024322ccf34f29c3541ae26
Twitter @originprotocol
reddit /r/originprotocol
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