Blog Crypto Origin Protocol coin (OGN) is making waves in crypto wallets

Origin Protocol coin (OGN) is making waves in crypto wallets

date October 5, 2020 time 3 min read 855 views

Most eCommerce platforms share earnings with middlemen. That means higher prices for you. Origin wants a decentralized online marketplace so consumers and vendors can connect directly and avoid paying steep fees.

The eCommerce industry is expanding every year. By 2021 global eCommerce retail sales are expected to reach the $4.9 trillion mark and the Origin protocol coin is rushing them forward.

Origin protocol wants to make eCommerce easier for buyers everyone by eliminating:

  • Complex currency conversions.
  • Juggling multiple accounts.
  • Worrying about having your account locked.

Powering this process is the Origin protocol coin (OGN).

What is the Origin protocol coin?

The Origin protocol coin is a versatile ERC-20 token based on the Ethereum blockchain allowing businesses and developers to build decentralized marketplaces.

The primary aim of OGN is to power blockchain eCommerce stores, peer-to-peer marketplaces, and other commerce applications with the goals of minimizing or eliminating transaction fees, promoting more open and free trade, and giving all Origin ecosystem participants a stake in the network.

What is Origin Protocol coin
What is Origin Protocol coin? Only one of the hottest new cryptos in DeFi (source: thetechly.com)

Low transaction fees

On the Origin platform, buyers and sellers can transact directly with no middlemen. There are no listing, transaction, or service fees. Companies like Kyber, Brave Software, and Solana are already using the Origin Protocol technology to run their stores.

Customer rewards

When you refer new users, promote Origin on social media, or build applications the Origin platform will reward you with tokens for contributing to its growth. End users, developers, marketplace operators, and other participants on the network can also earn OGN.

Easy payments

Buyers can pay for goods and services with OGN on any Ethereum blockchain platform. This provides the opportunity for two billion unbanked people to access new markets globally. Sellers can even earn additional OGN by accepting it as a preferred payment method.

Governance

The Origin team is continuously researching and building new staking models allowing token holders to participate in managing the Origin network. OGN holders can influence the direction of software development and business policies on the platform.

Origin Protocol coin, a future of free markets.
Origin Protocol coin, a future of free markets (source: techcrunch.com)

Origin protocol price

As of writing, OGN has a 24-hour trading volume of over $10 million. It has a circulating supply of approximately 130 billion coins and a max supply of 1 billion coins. Since 2017, the price of OGN has fluctuated between $0.19 and $0.54 per coin.

Where to get OGN

OGN can be earned whenever you contribute to the growth of the Origin platform. You can contribute by creating profiles, referring friends to the Origin platform, promoting Origin network on social media, sharing Origin content, and buying and selling goods/services on Origin’s marketplace.

You can also participate in the Origin Rewards campaign, which runs every month. Once you complete the tasks, you will receive OGN tokens in your wallet.

Several exchanges, such as Binance, Coinone, GOPAX, and Coinspot also list OGN.

Where to store origin protocol

Origin can be stored in any wallet that supports ERC-20 tokens including Origin’s Wallet, imToken, Metamask, Coinbase Wallet, Trust Wallet, and many more.

Where to borrow OGN at the best rates on the market

Get Crypto Credit at MyConstant
Get OGN at the best prices with crypto credit at MyConstant

At MyConstant, you can borrow Origin Protocol token with an interest rate of just 6%. You also get:

  • Your collateral secured in a third-party custodial wallet
  • The best exchange prices guaranteed
  • The lowest rates on the market
  • 24/7 customer service
  • Multi-coin collateralization
  • Flexible payment options

Want to hold OGN? Don’t want to trade your other cryptos? Buy Origin Protocol Coin at MyConstant today and get the best exchange rates on the market, guaranteed.

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George Schooling

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Tags: origin protocol price what is origin protocol coin origin protocol review where to store origin protocol where to get origin protocol

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