About Origin Protocol Defi Coin
Origin Protocol aims to enable blockchain-powered commerce. The Origin Platform allows buyers and sellers to connect and transact on the blockchain. The project’s goals are to reduce/remove unnecessary transaction fees charged by intermediaries, promote open and censorship-resistance commerce, and give early ecosystem participants stakes in the commerce network as it grows over time.
Origin is a startup headquartered in San Francisco, but they also have team members in China, Korea, Russia, India, New Zealand, ahttps://coinworldstory.com/husd/nd even Slovenia. Our 800+ investors include top venture capitalists and cryptocurrency funds all over the world. Origin Tokens (OGN) are held by over 25,000 token holders.
Quick Fact About Origin Protocol
|DEFI Coin Name||Origin Protocol Defi Coin|
|Circulating Supply||207,671,783 OGN|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To Visit|
|Twitter Group||Click Here To Visit Twitter Group|
|Documentation||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Origin’s suite of products is revolutionizing how people shop and conduct business online. Effortlessly create a decentralized e-commerce store with Dshop and earn competitive yields with the Origin Dollar.
The Origin Platform consists of a series of smart contracts at the protocol layer, intermediary APIs that allow for in-house and third-party app creation, and the application/UX layer that end users interface with to buy/sell on the network. The components of the Platform are designed to be modular, and Origin strongly encourages other developers, e-commerce merchants, and marketplace operators to create their own applications for various business use cases. Origin is built on Ethereum and IPFS, and Origin Tokens (OGC) are ERC-20 tokens.
Team and Investors
Origin’s founding team and early engineers include one of the original co-founders of PayPal, YouTube’s first employee, and engineering managers from Dropbox and Google. The two co-founders, Matthew Liu and Josh Fraser have successfully built and sold previous companies together in the past.
Origin’s lead investor is Pantera Capital. They are also backed by Foundation Capital, Blockchain.com Ventures, Hashed, PreAngel Fund, BlockTower Capital, FBG, Sora Ventures, and other venture/crypto funds as well as angel investors Steve Chen (co-founder of YouTube), Alexis Ohanian (co-founder of Reddit), Garry Tan (former Ycombinator partner), Gil Penchina, and Steve Jang (founding advisor and angel investor in Uber).
Origin Marketplace enables decentralized, open commerce by allowing users to create listings, make offers, and otherwise interact with the Ethereum blockchain without needing a special browser or another device. In addition to being a safe and secure application for holding cryptocurrency, Origin Marketplace serves as the communication hub for messaging with other network participants and receiving critical notifications. Join the Origin platform to experience true peer-to-peer commerce and the sharing economy of tomorrow.
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Blockchain-powered commerce is the future
Blockchain will redefine online commerce and allow both buyers and sellers to benefit from lower costs and improved infrastructure.
Centralized intermediaries often charge 20-30% in transaction fees. Airbnb grossed $2.6B in fees in 2017, while Uber took home a monumental $11.8B in fees in 2018. Total sharing economy fees are expected to cross $40B by 2020.By removing the middlemen, Origin removes these fees. Buyers and sellers can now share the savings from the fees that are no longer paid to traditional marketplace operators.
Uber and Lyft recently IPOed. WeWork and Airbnb are soon to follow suit. None of the early participants on these platforms benefited despite being critical to their success.In contrast, Origin enables everyone to own a piece of the network. Buyers and sellers can earn Origin Tokens (OGN) simply by using Origin-enabled applications to transact with one another. Developers, affiliates, and marketplace operators can earn OGN by promoting and marketing sellers’ listings. When everyone owns a piece of the network, ecosystem participants are incentivized to promote the health and growth of Origin.
Origin Protocol 2 billion people around the world are currently unbanked. They do not have checking accounts, credit cards, AliPay, or Apple Pay.With the advent of cryptocurrencies and the proliferation of inexpensive smartphones, now is the time to enable the unbanked to participate in the new Internet economy. Users from all over the world are now able to transact with each other on Origin-powered marketplaces even if they do not have stable, local banking systems.
Airbnb is heavily regulated or banned in cities like Paris, Berlin, Tokyo, New York, and even its home city of San Francisco.Decentralized marketplaces promote open and free commerce. Unlike centralized alternatives, they are not single points of failure and can’t be banned or shut down. Decentralized commerce is more resilient and promotes efficient markets.
Origin has a world-class team
Origin Protocol team is led by serial entrepreneurs, a founder of PayPal, early employees at YouTube, and engineering managers at Google and Dropbox.