Review on Origin Protocol by francis fernandez
Origin Protocol: simplifying blockchain commerce
The crypto industry offers us a range of digital currencies with various functions; which simplify the operations we carry out through electronic commerce.
Origin Protocol is a platform whose purpose is to facilitate commercial transactions resulting from the exchange of digital assets; through the use of blockchain technology.
Token:
The platform has its own OGN token that operates on the Ethereum network and serves as a driving mechanism for buying and selling operations that are executed on the chain.
The OGN token is of type ERC-20.
Token Utilities:
• Allows you to obtain rewards to exchange for services and goods
• Serves as a payment mechanism
• Allows sellers to increase their stakes by admitting OGN token as a payment system
• Serves to promote applications
How are OGN tokens obtained?
The platform offers a range of options to obtain the OGN token:
• By using it as a payment mechanism
• By completing user profiles and through the referral system
• When completing sales tasks
• The OGN token can be obtained by completing multiple tasks on the network.
Origin Protocol Technology:
Origin Protocol has a robust ecosystem that helps drive decentralized applications through the use of smart contract technology. This allows to develop an easy interface between user and blockchain applications.
Pros
- Save on transaction fees
- It is an open source platform
- It is a decentralized protocol
Cons
- It has no disadvantages
