What is Origin Protocol?

Origin Protocol is a platform aiming to enable blockchain-supported commerce. The Origin Platform allows buyers and sellers to connect and transact over the blockchain. The project’s goals include reducing or eliminating unnecessary transaction fees taken by intermediaries, promoting open and censorship-resistant transactions, and distributing shares in the trading network to early ecosystem participants as it grows over time.

In this article, we will examine topics such as “OGN coin price, OGN coin review, how to buy OGN coin”.

What is Origin Protocol Coin?

Origin Protocol Coin is the native cryptocurrency of the Origin Protocol platform. In addition to OGN, the main product of Origin is the Origin Platform, powering many different applications in the ecosystem. The project released its first version of the platform on the Ethereum Mainnet in October 2018 and has since upgraded its features several times. Origin, besides supporting third parties, also brings different products to its users beyond a platform, such as the Dshop e-commerce store and the Origin Marketplace DApp.

Additionally, the Origin Platform consists of a series of smart contracts at the protocol layer, intermediary APIs that allow in-house and third-party application development, and an application/UX layer where end users create interfaces for buying and selling over the network. The components of the platform are designed to be modular, and Origin encourages other developers, e-commerce merchants, and marketplace operators to create their own applications for various business use cases.

Moreover, among Origin’s founding team are one of the original founders of PayPal, an early employee of YouTube, and engineering managers from Dropbox and Google. Also, it’s known that the two founding partners, Matthew Liu and Josh Fraser, have successfully established different companies in the past.

What is OGN Coin?

OGN Coin is the native token used for commissions, payments, and rewards on the Origin Protocol platform.

Users can pay with OGN to stand out in search results. Application developers and marketplace operators can earn Origin Tokens (OGN) by helping sellers complete their sales.

In addition, you can use your Origin tokens (OGN) earned in Origin Rewards to pay for goods and services. Sellers can earn larger shares on the network by accepting OGN as a preferred payment method.

Furthermore, users can earn Origin Tokens (OGN) by verifying their profiles, referring friends and family to Origin, sharing news about Origin on social media, and shopping from featured sellers.

Also, it’s beneficial to look at OGN token price information. At the time of writing, the OGN token, trading at $0.1451, ranks 344th in market value with a market cap of $18,919,961 according to CoinMarketCap data. It’s also worth noting that the OGN token is trading at 0.00001085 BTC against Bitcoin in the OGN BTC trading pair.

Moreover, the OGN token reached a record high of $0.6380 on August 13, 2020, and a low of $0.1032 on January 30, 2020. It’s also beneficial to mention that there are currently 130,353,924 OGN tokens in circulation, with the total reaching 1,000,000,000 OGN.

OGN Coin Reviews

OGN coin gained popularity especially after being listed on Binance. Searches for topics like “OGN coin review, how to buy OGN coin” increased following this listing.

While some investors believe OGN coin has a promising future, others think it will hit zero soon.

Where to Buy OGN Coin?

You can buy OGN coin through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.