Market Rank | #620 |
---|---|
Market Cap | $ 72.0M |
Volume 24h | $ 9.8M |
Circ. Supply | 689.5M |
Total Supply | 1.4B |
Max Supply | 1.4B |
As of the most recent data, Origin Protocol (OGN) is trading at $ 0.10440300. It's important to note that cryptocurrency prices are highly volatile and can change rapidly within even minutes.
Origin Protocol is a platform that aims to bring NFTs (Non-Fungible Tokens) and DeFi (Decentralized Finance) to the masses. The OGN token is at the heart of Origin Story, functioning as a governance and value accrual token. Origin Story offers a comprehensive NFT platform as well as a launchpad for new NFT projects.
The specific individuals behind the creation of Origin Protocol are not provided, but typically such platforms are developed by teams of blockchain developers, entrepreneurs, and advisors with a strong belief in decentralization and the potential of blockchain technology.
Origin Protocol works by leveraging the Ethereum blockchain to create a decentralized marketplace for NFTs and DeFi products. It allows users to create, sell, and buy NFTs within its ecosystem, and the OGN token is used for governance decisions, fee discounts, and other platform-specific utilities.
An NFT platform is a digital marketplace for creating, buying, and selling NFTs, which are unique digital assets verified using blockchain technology. An NFT launchpad is a service within the platform that helps artists, musicians, and other content creators launch their NFT projects. Origin Protocol, in particular, has been successful in this space, hosting a major sale by the artist 3LAU.
Origin Protocol has hosted some significant sales in the NFT space, with one of the most notable being a $11.7 million sale by the musician 3LAU. This sale is recognized as the largest music NFT sale to date, placing Origin Protocol at the forefront of NFT sales and launches.
Origin Protocol currently holds a market capitalization of $ 72.0M. This valuation places it at market cap rank #621 in the hierarchy of cryptocurrencies by market cap.
In the last 24 hours, Origin Protocol's price has decreased by -5.65%, illustrating the typical volatility associated with cryptocurrency markets.
The total supply of Origin Protocol tokens (OGN) is 1.4B, out of which 689.5M tokens are currently in circulation.
Origin Protocol (OGN) is available for purchase on several exchanges. The most prominent Coinone, Bibox, GoPax, BTCTurk, Mercado Bitcoin are where you can find OGN available for trading.
Origin Protocol's main advantages include its focus on enabling easy access to NFTs and the support it provides for content creators to launch their digital works. Its platform is designed to handle large volumes and high-value sales, as demonstrated by its track record in hosting significant NFT sales.
Through the OGN token, Origin Protocol allows token holders to participate in governance decisions. This means that holders have a say in the future direction and development of the platform, creating a decentralized form of management aligned with the ethos of the blockchain community.
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