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Origin Protocol
Origin is an open-source platform that enables the creation of peer-to-peer marketplaces and E-commerce applications. The Origin Platform is designed for the global sharing economy, allowing buyers and sellers of fractional used goods and services (car-sharing, service-based tasks, home-sharing, etc.) to transact on the distributed, open web. Utilizing the Ethereum blockchain and InterPlanetary File System (IPFS), the platform and its community participants can interact in a peer-to-peer fashion, allowing for the creation and booking of services and goods without traditional intermediaries.[1][2]
The Origin has three significant parts that are on the whole open-source:
- Origin-enabled end-user applications
- Origin developer infrastructure
- Origin protocols[3]
Overview
Origin Protocols uses open-source standards for many marketplace features, including user identity, publishing listings, and peer-to-peer transactions. The protocols also include an open and shared data layer of users, listings, and other data on the Marketplace contract. User and transaction data is stored on the Ethereum blockchain and IPFS. This means that third-parties can query the public Ethereum blockchain and IPFS network for currently available listings, a history of previous transactions, and the reputations of various ecosystem buyers and sellers.[4][2]
Of paramount importance is the ability to cut out almost all of the transaction fees associated from bookings between buyers and suppliers. Because of the Fat Protocol phenomenon, the value of the network lies mostly in the value of the protocol layer, and less on the applications layer (in this case, websites that would otherwise charge fees). Our incentives are to build a rich ecosystem of buyers and sellers, so we do not intend to charge onerous transaction fees on the protocol level.
The Origin Token (also known as OGN) is a utility token that serves multiple purposes in ensuring the health and growth of the network.OGN is a multi-purpose incentive token that drives behavior for end users, developers, marketplace operators, and other ecosystem participants. In addition, OGN is a medium-of-exchange token that can be used for payments between buyers and sellers on the platform. Finally, it is intended that OGN will serve a critical piece in the future governance of the network.
Origin Tokens have already been used to incentivize various forms of participation from the Platform’s ecosystem participants. Origin tokens are used to reward users, developers, marketplace operators, and/or other participants to perform actions and services that are beneficial to the health and growth of the platform. [5][1]
Partnership & Investors
Origin Protocol has 22 venture capital firm investors and 8 individual Investors.
The capital firm investors are;
Pantera Capital
Foundation Capital
BlockTower Capital
1kx
Blockchain.com
Eterna Capital
KBW Ventures
PreAngel Fund
FBG
SNZ Holdings
Continue Capital
BlockAsset
Danhua Capital
Crypto Bazaar
Spartan
QCP Capital
Sora Ventures
Kenetics Capital
Hashed
Metaps+
Smart contract
Gumi
The individual investors are;
Steve Chen
Alexis Ohanian
Garry Tan
Gil Penchina
Justin Blau
Steve Jang
Kamal Ravikant
Team
Currently, Origin Protocol has 17 core team members, 5 community team members, 5 advisors and 178 total contributors. Some of the core team members are;
- Josh Fraser – Co-founder
- Matthew Liu – Co-founder
- Coleman Maher - Business Development
- Yu Pan - R&D Engineer
- Micah Alcorn - Product Manager/Engineer
- Kay Yoo - Finance & Operations
Origin is an open-source platform that enables the creation of peer-to-peer marketplaces and E-commerce applications. The Origin Platform is designed for the global sharing economy, allowing buyers and sellers of fractional used goods and services (car-sharing, service-based tasks, home-sharing, etc.) to transact on the distributed, open web. Utilizing the Ethereum blockchain and InterPlanetary File System (IPFS), the platform and its community participants can interact in a peer-to-peer fashion, allowing for the creation and booking of services and goods without traditional intermediaries.
The Origin has three significant parts that are on the whole open-source:
- Origin-enabled end-user applications
- Origin developer infrastructure
- Origin protocols
Overview
Origin Protocols uses open-source standards for many marketplace features, including user identity, publishing listings, and peer-to-peer transactions. The protocols also include an open and shared data layer of users, listings, and other data on the Marketplace contract. User and transaction data is stored on the Ethereum blockchain and IPFS. This means that third-parties can query the public Ethereum blockchain and IPFS network for currently available listings, a history of previous transactions, and the reputations of various ecosystem buyers and sellers.
Of paramount importance is the ability to cut out almost all of the transaction fees associated from bookings between buyers and suppliers. Because of the Fat Protocol phenomenon, the value of the network lies mostly in the value of the protocol layer, and less on the applications layer (in this case, websites that would otherwise charge fees). Our incentives are to build a rich ecosystem of buyers and sellers, so we do not intend to charge onerous transaction fees on the protocol level.
The Origin Token (also known as OGN) is a utility token that serves multiple purposes in ensuring the health and growth of the network.OGN is a multi-purpose incentive token that drives behavior for end users, developers, marketplace operators, and other ecosystem participants. In addition, OGN is a medium-of-exchange token that can be used for payments between buyers and sellers on the platform. Finally, it is intended that OGN will serve a critical piece in the future governance of the network.
Origin Tokens have already been used to incentivize various forms of participation from the Platform’s ecosystem participants. Origin tokens are used to reward users, developers, marketplace operators, and/or other participants to perform actions and services that are beneficial to the health and growth of the platform.[1][2]
Partnership & Investors
Origin Protocol has 22 venture capital firm investors and 8 individual Investors.
The capital firm investors are;
Pantera Capital
Foundation Capital
BlockTower Capital
1kx
Blockchain.com
Eterna Capital
KBW Ventures
PreAngel Fund
FBG
SNZ Holdings
Continue Capital
BlockAsset
Danhua Capital
Crypto Bazaar
Spartan
QCP Capital
Sora Ventures
Kenetics Capital
Hashed
Metaps+
Smart contract
Gumi
The individual investors are;
Steve Chen
Alexis Ohanian
Garry Tan
Gil Penchina
Justin Blau
Steve Jang
Kamal Ravikant
Randall Kaplan
Team
Currently, Origin Protocol has 17 core team members, 5 community team members, 5 advisors and 178 total contributors. Some of the core team members are;
-
Josh Fraser – Co-founder
-
Matthew Liu – Co-founder
-
Coleman Maher - Business Development
-
Yu Pan - R&D Engineer
-
Micah Alcorn - Product Manager/Engineer
Origin Protocol
Commit Info
Edited By
Edited On
September 19, 2022
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