Question 1

What is the OGN Token?

Accepted Answer

What is the OGN Token?

The OGN token is Origin Protocol’s native cryptocurrency. It’s an Ethereum-based ERC-20 token, and it was minted on October 2, 2018. The OGN token is used for basic transactions on the Origin Protocol platform. It also functions as the protocol’s governance token and can be staked in return for yield.

Check out our OGN token article to learn more about the Origin Protocol coin!

Question 2

What is Origin Protocol?

Accepted Answer

Origin Protocol launched in 2017, and it’s an open-source, Ethereum-based platform streamlining the creation of decentralized marketplaces for digital assets. Origin Protocol wants to bring decentralized finance (DeFi) and non-fungible tokens (NFTs) to the mainstream. Origin currently consists of three flagship products: Origin Story, Origin Dollar, and Origin Ether.

Question 3

Who are the Founders of Origin Protocol?

Accepted Answer

Who are the Founders of Origin Protocol?

Origin Protocol was founded by Josh Fraser and Mathew Liu in 2017. Josh Fraser has previously co-founded other tech companies, including Torbit. Mathew Liu has a background as an early employee at YouTube and has worked with various startups, including Qwiki and Bonobos.

Question 4

OGN Tokenomics

Accepted Answer

The total supply of the OGN crypto is one billion $OGN tokens, with an initial supply of about 24 million. Furthermore, the OGN token supply is/will be allocated as follows:

CoinList Sale: 4.84%
Team: 20.24%
Foundation Reserves: 31.37%
Ecosystem Growth Funds: 12.99%
Advisor Sale: 4.38%
Long-Term Partnerships: 0.73%
Strategic Sale: 23.75%
Advisor Grants: 1.69%

Question 5

What Are the OGN Token’s Use Cases?

Accepted Answer

The OGN token has multiple use cases, and here are three examples:

Governance - OGN token holders can participate in the governance of Origin Protocol and contribute to its future.
Staking - It’s possible to stake OGN tokens in return for yield. The staking platform features several time periods, and the longer the user locks their funds, the higher the yield.
Payments - The OGN token also acts as a means of payment on the Origin Protocol platform.

Question 6

Where Can You Buy the OGN Token?

Accepted Answer

The best and easiest way to buy the OGN token is to do it directly via this token page. All you have to do is scroll up, connect your wallet, and use Moralis Money’s crypto-swapping feature to the right.