Home » Blockchain » What is the Origin Protocol coin (OGN) and how does it work?

What is the Origin Protocol coin (OGN) and how does it work?

by Financial Economy
what-is-the-origin-protocol-coin-ogn-and-how-does-it-work

Origin Protocol is the platform that aims to enable Blockchain powered commerce. Origin Platform allows buyers and sellers to connect and transact on the Blockchain. Origin Protocol Coin is the native cryptocurrency of the Origin Protocol platform. Detailed information about the what is Origin Protocol coin OGN and how does it work, how to buy it, how much is the OGN price, etc. is in the continuation of the article. For information about DENT coin, you can check here.

What is the Origin Protocol coin (OGN) and how does it work?

Origin Protocol coin is the native cryptocurrency of the Origin Protocol platform. Alongside OGN, Origin’s main product is the Origin Platform, which powers many different applications in the ecosystem. The project released the first version of the platform on the Ethereum Mainnet in October 2018 and has upgraded its features several times since then.

The Origin Platform consists of a set of smart contracts at the protocol layer, intermediary APIs that enable on-premises and third-party application creation, and the application/UX layer where end users interface to buy/sell over the network. The platform’s components are designed to be modular, and Origin encourages other developers, e-commerce merchants, and marketplace operators to build their own apps for a variety of business use cases.

OGN Coin is the native token used for commissions, payments and rewards on the Origin Protocol platform. Users can pay with OGN to stand out prominently in search results. App developers and marketplace operators can earn Origin Tokens (OGNs) by helping merchants complete their sales.

How much is the OGN price? How to buy OGN coin?

Origin Protocol coin can be purchased on “trusted” cryptocurrency exchanges where it is listed, such as Binance. The reliability of the exchange should be well researched before trading. As of August 17, the price of 1 OGN is around $1.10.

Note: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

Related Posts

Leave a Comment