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Origin-protocol

OGN

OriginToken

OGN

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₹7.04

LIVE

24H Low ₹6.88

24H High ₹7.43

Price of OGN today

The current live price of OGN today is ₹7.04, with a 24-hour trading volume of ₹1,34,01,58,141.73. Our OGN to INR price is updated in real-time. OGN has seen a decrease of -4.71% in the last 24 hours. With a live market cap of ₹4,75,07,19,903.77 , the circulating supply is at 679,788,816 OGN coins, with a maximum supply of 1,409,664,846OGN coins.

OriginToken Price History

Date ComparisonAmount Change% Change
Today-₹0.27

3.77%

7 Days-₹0.21

2.94%

30 Days-₹0.27

3.65%

1 Year-₹4.31

38.08%

OriginToken Price Information

Price Change (1hr)

4.17%

Price Change (24hr)

3.77%

Price Change (7d)

2.94%

OriginToken Market Stats

Market Cap

₹4,75,07,19,903.77

Fully Diluted Market Cap

₹9,85,14,75,464.19

24hr Volume

₹1,34,01,58,141.73

59.31%

Circulating Supply

679788816 OGN

Total Supply

1409664846 OGN

Things to know about OriginToken

What is Origin Protocol (OGN) token?

Origin Protocol (OGN) is an Ethereum-based platform that aims to bring decentralized marketplaces and e-commerce applications to the forefront of the digital economy. The protocol leverages blockchain technology to enable peer-to-peer transactions, eliminating the need for intermediaries and reducing transaction costs. Origin Protocol’s ecosystem includes Origin Story for NFT marketplaces, Origin Dollar (OUSD) as a stablecoin and Origin Ether (OETH) for ether-denominated transactions. The native token, OGN, is used for transactions, governance, staking, and other utility purposes within the Origin ecosystem.

Tokenomics

  • Total Supply:

  • 1 billion OGN tokens.

  • Circulating Supply:

  • Varies, with recent figures around 575 million OGN.

  • Distribution:

  • Allocated for advisor sales, strategic sales, team, foundation reserves, ecosystem growth, and partnerships.

  • Staking:

  • OGN holders can stake their tokens to earn rewards.

  • Governance:

  • OGN serves as a governance token, allowing holders to participate in decision-making.

Market Data

As of today #{today’s date}, the price of OriginToken is ₹7.04 INR or 0.0795 USD, with a 24-hour trading volume of 15143029.85 USD. The market capitalization for OriginToken is 53680450.89USD. The circulating supply is 679788816 OriginToken, with the total supply also being 1409664846 OriginToken.

Token Pros and Cons

Pros:

  • Decentralized Marketplaces:

  • OGN is integral to Origin’s mission of enabling decentralized peer-to-peer commerce and reducing reliance on intermediaries.

  • NFT and DeFi Integration:

  • Origin Protocol combines NFT marketplaces with DeFi elements, broadening the token’s use cases.

  • Staking Rewards:

  • OGN holders can stake their tokens to earn a share of platform fees, incentivizing long-term holding and participation.

  • Governance Participation:

  • As a governance token, OGN gives holders a say in the protocol's future development and decision-making processes.

  • Ecosystem Growth:

  • The protocol has a dedicated fund for ecosystem growth, which could increase the token’s value as the platform expands.

Cons:

  • Market Competition:

  • The space for decentralized marketplaces and NFT platforms is highly competitive, with many projects vying for market share.

  • Regulatory Risks:

  • Like all cryptocurrencies, OGN faces potential regulatory challenges that could impact its adoption and value.

  • Volatility:

  • The price of OGN, like other cryptocurrencies, is subject to high volatility, which can lead to significant price fluctuations.

  • Adoption Rate:

  • The success of OGN is tied to adopting the Origin Protocol; if adoption lags, the token’s value could suffer.

  • Technical Risks:

  • As a project built on blockchain technology, Origin Protocol faces risks associated with smart contract vulnerabilities and code exploits.

Why Should You Invest in the Coin?

  • Innovative Use Cases:

  • Origin Protocol’s focus on decentralized marketplaces and NFTs positions OGN in two rapidly growing sectors of the crypto economy.

  • Strong Partnerships:

  • Origin has established partnerships with notable industry players, which could drive adoption and increase the token’s value.

  • Active Development:

  • The team behind Origin Protocol is actively developing new features and tools, indicating a commitment to the project’s long-term success.

  • Staking Incentives:

  • The ability to earn staking rewards provides an additional income stream for OGN holders and encourages token retention.

  • Governance Power:

  • Investing in OGN grants governance rights, allowing investors to influence the protocol’s direction and potentially increase their investment’s value.

USP of the Coin

  • Combination of DeFi and NFTs:

  • Origin Protocol uniquely integrates DeFi elements with NFT marketplaces, offering a comprehensive ecosystem for digital assets.

  • Yield-Generating Stablecoin:

  • The Origin Dollar (OUSD) is a stablecoin that generates yield for holders without staking, setting it apart from other stablecoins.

  • White-Label NFT Marketplace:

  • Origin Story provides a white-label solution for brands and creators to launch their own NFT marketplaces, a distinct offering in the NFT space.

Problem the Coin is Solving

Origin Protocol addresses the inefficiencies of traditional online marketplaces by creating a decentralized alternative that removes intermediaries, reduces fees, and gives users full control over their transactions. It also solves the problem of limited access to financial services by providing a platform that is open to anyone with an internet connection.

Founder and Team Background

Origin Protocol was co-founded by Matthew Liu and Josh Fraser in 2017. Matthew Liu was an early employee at YouTube and has experience with startups like Bonobos and Qwiki. Josh Fraser has co-founded several tech companies, including Torbit, which Walmart Labs acquired.

ICO Price

  • ICO Price:

  • $0.136 per OGN.

  • Listing Date:

  • OGN was listed on exchanges starting 9th January 2020.

  • Initial Allocated Units:

  • The initial circulating supply was 23,862,410 OGN.

Risks Associated in Investing in the Coin

  • Competitive Market:

  • The success of OGN is not guaranteed in the highly competitive market of decentralized platforms and NFT marketplaces.

  • Dependence on Platform Adoption:

  • The value of OGN is closely tied to the adoption and success of the Origin Protocol.

  • Regulatory Uncertainty:

  • Changes in cryptocurrency regulations could negatively impact OGN’s value and usability.

  • Technical Challenges:

  • The protocol may face technical challenges or security vulnerabilities that could affect the token’s stability and investor confidence.

  • Liquidity Risk:

  • OGN may face liquidity issues on exchanges, making it difficult for investors to enter or exit positions without impacting the price.

Summary of the Whitepaper

The Origin Protocol whitepaper outlines a vision for a decentralized platform that enables peer-to-peer marketplaces and e-commerce applications without intermediaries. The protocol is built on the Ethereum blockchain and utilizes smart contracts to facilitate secure and transparent transactions.

The whitepaper details the technical architecture of the platform, including the roles of the Origin Token (OGN), Origin Dollar (OUSD), and other ecosystem components. It emphasizes the importance of reducing transaction fees and passing the savings onto users, which is made possible by the decentralized nature of the platform.

Origin Protocol’s governance model is also covered, explaining how OGN holders can participate in decision-making processes and influence the direction of the platform. The whitepaper discusses the various use cases for OGN, including payments, staking, and governance.

The document highlights the potential of NFTs and how Origin Story aims to capitalize on this market by providing a white-label solution for creating NFT marketplaces. It also explains the innovative approach of the Origin Dollar, which generates yield for holders automatically.

The whitepaper addresses the challenges faced by traditional e-commerce and how blockchain technology can provide solutions. It outlines the benefits of decentralization, such as increased access to global markets, reduced censorship, and improved incentives for ecosystem participants.

Overall, the whitepaper presents a comprehensive plan for creating a decentralized platform that empowers users and disrupts the current e-commerce landscape. It provides a detailed analysis of the technical aspects, economic incentives, and strategic vision that underpin the Origin Protocol.

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What is the price of OriginToken (OGN)?

The current price of OriginToken (OGN) in INR is ₹7.04 INR.

What is the current OGN market cap?

The current market capitalization of OriginToken (OGN) is ₹4,75,07,19,903.77 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of OGN by the number of coins in circulation.

What is the current supply of OriginToken (OGN)?

The current supply of OriginToken (OGN) is 679788816 OGN. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of OriginToken (OGN)?

The 24-hour trading volume of OriginToken (OGN) in INR is ₹1,34,01,58,141.73. This figure represents the total value of all OGN transactions across various exchanges within the last 24 hours.

How to Buy OriginToken (OGN) in India?

To buy OriginToken (OGN) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in OGN.

Can I buy OriginToken (OGN) with UPI?

Yes, you can buy OriginToken (OGN) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert OriginToken (OGN) to Indian Rupee (INR)?

To convert OriginToken (OGN) to Indian Rupee (INR), you can use our OGN/INR conversion rates in real time.

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