$2.34
1H
-1.32%$0.0313
24H
1.93%$0.0443
7D
-20.54%$0.6049
30D
125.36%$1.30
Origin Protocol is a network that allows market participants to share goods and services through peer-to-peer (P2P) networks. The platform aims to create an extensive online marketplace leveraging the Ethereum (ETH) blockchain and Interplanetary File System (IPFS) in order to eliminate the need for middlemen.
The protocol allows for the creation of a decentralized setting where both buyers and sellers can connect, check for available listings, write reviews and perform many other actions. With this, fractional usage of assets can be traded more easily.
Origin Protocol addresses the fundamental issues of extant online markets, such as unfair transaction fees, lack of transparency, less drive for innovation and centralization issues. The protocol creates a decentralized and incentivized environment for buyers and sellers to facilitate business.
Origin also says its staking program will help limit its token’s circulation supply, which will benefit the project’s token economics.
As a precautionary measure, Origin protocol has disabled all deposits to its vaults and warned users not to purchase OUSD on Uniswap or SushiSwap.
Coinbase may soon add support for a number of digital assets, including Aave, Synthetix, VeChain, SKALE Network, KEEP Network, NuCypher, DigiByte, Aragon, Bancor.
Origin Protocol is selling KN95 masks at cost and shipping them to anyone in the US within 3-5 days.
Decentralized creative platform ImmVRse deploys Origin Protocol in order to develop a turnkey solution that will permit blockchain startups to redistribute the control of information to its users.