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What is $OGN ❓ Origin’s mission is to enable true peer-to-peer commerce. Using Origin, buyers and sellers can meet and transact directly without any intermediaries. Today, users can buy and sell goods and services on Origin’s flagship marketplace app and partner apps. Marketplace operators can create their own peer-to-peer applications that implement Origin’s open-source standards. The Origin Token (OGN) is an important component of the Origin platform, acting as an incentive mechanism to ensure the health and growth of the network while giving Origin’s users stakes in the network. While most marketplaces consumers use today are run by centralized corporations, there are four reasons that open, permissionless, and peer-to-peer marketplaces (powered by Origin) are inevitable: - Lower Fees: Buyers and sellers can save 20-30% in fees when middlemen are removed. - Better Incentives: Anyone can own a stake in the network by contributing to its growth by referring new users, driving transactions, promoting listings, and building applications. - Increased Access: Markets are accessible to even the unbanked population. - Censorship Resilience: Peer-to-peer marketplaces are difficult to ban or shut down. Origin has a number of additional advantages that increases its likelihood of eventual success: - Experienced Team: Origin is led by serial entrepreneurs and seasoned team members from iconic consumer technology companies that include a cofounder of PayPal, the first engineer at YouTube, and other early engineers at YouTube, Google, and DropBox. The two founders have a track record of building successful businesses both individually and together. - Global Investors: Origin has backing from some of the top investors in the blockchain space including top crypto funds like Pantera Capital, traditional venture funds like Foundation Capital, and well-known angel investors like Steve Chen, the founder of YouTube. #OGN #altcoins
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