Origin Protocol Logo

Origin Protocol OGN

Origin Protocol header image

1. Summary

Fundamental Rank
97
Developer Rank
86
Social Rank
98
Coinrank
95
Price
$0.61 -13.0%
Market Cap
$129.83M (#155)
Supply
211.56M / 1.00B
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.

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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

-11%

OGN

-20%

Similar Market Cap

60 Day Return

-63%

OGN

-47%

Similar Market Cap

1 Year Return

102%

OGN

307%

Similar Market Cap

3. Developer Activity

We're monitoring 39 Github repos for the Origin Protocol project.

Commits vs. The Market

  • Past 4 weeks: 39 commits vs. an average of 58
  • Past 12 weeks: 117 commits vs. an average of 244
  • Past year: 6,096 commits vs. an average of 1,512

Top Repos by Code Commits

Past week 2
Past 12 weeks 6
Past year 2406
Past week 0
Past 12 weeks 0
Past year 1432
Past week 1
Past 12 weeks 21
Past year 823
Past week 5
Past 12 weeks 10
Past year 334
Past week 13
Past 12 weeks 56
Past year 236
Past week 0
Past 12 weeks 0
Past year 174
Past week 17
Past 12 weeks 18
Past year 79
Past week 0
Past 12 weeks 2
Past year 72
Past week 0
Past 12 weeks 0
Past year 66
Past week 0
Past 12 weeks 0
Past year 50
4. Social Activity
Reddit Subscribers (originprotocol) 5,822
Active Reddit Users 35
Telegram Users 29,423
Twitter followers 114,898
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