Origin Protocol (OGN) is a platform that develops web3 technologies to bring non-fungible tokens (NFTs) and decentralized finance (DeFi) to a wider audience. Origin Protocol offers two flagship products: Origin Story, governed by OGN, and Origin Dollar (OUSD), governed by OGV.
Origin Story is a white-label NFT marketplace solution that partners with disruptors in various industries, leveraging NFTs to create marketplaces and tools. These marketplaces cover industries such as real estate, profile pictures, music, art, and entertainment. Partnerships include Roofstock onChain, Pudgy Penguins, Sappy Seals, Paris Hilton, and more.
The founders of Origin Protocol are Josh Fraser and Matthew Liu, both with extensive experience in the crypto industry. Fraser is a coding enthusiast who founded the web optimization company Torbit, while Liu is a Stanford engineering alumnus and early Ethereum investor. The founding engineer of Origin Protocol is Yu Pan, a former co-founder of PayPal and ex-Google executive.
Origin Protocol stands out with its approach to unlocking value in crypto-centric opportunities across various verticals. Origin Story marketplaces offer creators and collectors more control over their content and digital products, with integrated data analytics dashboards and customizable aesthetics. The platform also supports NFT tooling, including token-gated access, soulbound tokens, and various file formats.
Another key aspect of Origin Protocol is its stablecoin, Origin Dollar (OUSD), which is fully collateralized and automatically accrues yield to user wallets. OUSD earns yield through DeFi protocols such as Curve, Convex, Compound, and Aave, and OGN holders benefit from OUSD supply expansion as fees generated flow back to OGN holders.
OGN is the governance and value accrual token for the Origin platform, allowing token holders to vote on proposals related to the platform's development and operation. OGN has a total supply of 1 billion tokens, with distribution across various allocations including advisor sales, team tokens, and ecosystem growth funds.
OGN is an ERC-20 token on the Ethereum blockchain, ensuring its security through Ethereum's consensus mechanism. The Origin Protocol is on a path of continuous decentralization and is currently in the process of decentralizing its protocol.
OGN can be purchased on various cryptocurrency exchanges including Binance, Hotcoin Global, Bitget, Mandala Exchange, and BingX.
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