Origin Protocol

PlatformReal estate
Decentralized platform and protocols for creating sharing economy marketplaces

Review for Origin Protocol ICO

Idea & Token

Origin Protocol is aiming to use the Ethereum blockchain to create a sharing economy marketplace. Their set of protocols will allow buyers and sellers of fractional use goods and services (car-sharing, home-sharing, etc.) to eliminate traditional intermediaries via peer-to-peer transactions. Buyers and sellers will be able to directly create and book services and goods and therefore to reduce their costs. The transaction fees (up to 30%) that currently go to such companies as Uber, Airbnb, Fiverr, and Getaround will become non-existent. In this scheme the Origin platform will act as a neutral third party providing hundreds of open and transparent listings of goods or services, their availability, prices, etc. The platform will allow using Ether, ERC-20 tokens (including Origin token) and fiat currency for purchases. Apart from these features Origin encourages developers and businesses to build decentralized marketplaces on the blockchain.
Their ERC-20 token called Origin will be used for transactions between buyers & sellers, for the network governance, and providing security by using positive and negative incentives.

Team

The company co-founders Matthew Liu and Josh Fraser have already founded several successful businesses such as PriceSlash, Unicycle Labs, Forage, and Torbit that has been acquired by Walmart Labs. Mathew was a Product Manager for YouTube. The core team consists of 12 specialists working mostly as business managers and engineers.

Summary

Origin is a company trying to interrupt monopoly of centralized marketplaces and transfer them to decentralized commerce. The company suggests a win-win decision for both buyers and sellers by lowering the transaction fees, bringing transparency and mutual trust, and decreasing unnecessary regulation. Origin has already established partnerships with several dozens of companies that have made a decision to build business on the Origin platform. This long list of partners is a proof the idea is working. So let’s sum up the project components – a good ambitious idea, excellent team, perspective market, lots of partners, and progress that matches the roadmap. Our prediction for Origin is positive, we recommend that you take a closer look at the project.

Origin Protocol is a solid attempt to transition traditional centralized types of businesses from e-commerce to decentralized commerce.

Average rates for the project

4.3 / 5
Rating
5
Team
4
Vision
4
Product
4
Hype
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3.8 / 5
Rating
4.4
Team
3.6
Vision
3.7
Product
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High
Rating
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6.1 / 10
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-
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3.9 / 5
Rating
4.7
Team
3.8
Vision
3.9
Product
4
Hype
-
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GitHub activity

Origin Protocol ICO datesexport to calend


Whitelist
12.11.2018
12.11.2018
KYC
12.11.2018
12.11.2018
PreICO
12.11.2018
12.11.2018
PreSALE
12.11.2018
12.11.2018
ICO
12.11.2018
12.11.2018
12.11.2018
12.11.2018
12.11.2018

Funding

Token
Origin Token

About Origin Protocol

Origin is a sharing economy marketplace and set of protocols that enables buyers and sellers of fractional use goods and services (car-sharing, service-based tasks, home-sharing, etc.) to transact on the distributed, open web. Using the Ethereum blockchain and Interplanetary File System (IPFS), the platform and community are decentralized, allowing for the creation and booking of services and goods without traditional intermediaries.
We are specifically building a large-scale commerce network that:
•Transfers direct financial value (listing, transaction, and service fees) from large corporations like Airbnb, Craigslist, Postmates, etc. to individual buyers and sellers.
•Transfers indirect financial and strategic value (privately aggregated silos of customer and transaction data) from those same corporations to the entire ecosystem.
•Creates new financial value for marketplace participants that contribute to the growth of the network (e.g. building new technology for the 0rigin network, bootstrapping new product verticals, and referring new users and businesses).
•Is built on an open, distributed, and shared data layer to promote transparency and collaboration.
•Immediately allows buyers and sellers across the world to do business with each other without difficult currency conversions or tariffs.
•Promotes personal liberty by not allowing a central corporation or government to impose arbitrary and oftentimes onerous rules on how to do business.
To accomplish these ambitious goals, the 0rigin platform is being launched with incentives from the outset to encourage other technologists, businesses, and consumers to build, contribute, and extend the ecosystem with us. We imagine a broad collection of vertical use cases (e.g short-term vacation rentals, freelance software engineering, tutoring for hire) that are built on top of 0rigin standards and shared data. Together, we will create the Internet economy of tomorrow.

Team members:

Cofounder
Josh started coding at the age of 10. Prior to Origin, he co-founded three other venture-backed companies: EventVue, Torbit (acquired by Walmart Labs) & Forage.
Cofounder
Matt was the 3rd PM at YouTube (acquired by Google) and VP PM at Qwiki (acquired by Yahoo) and Bonobos (acquired by Walmart). He has an MS and BS from Stanford.
Senior Engineer
Stan is a software architect with patents in decentralized trust, game design, computer vision, and robotics. Previously, he founded Lijit Networks (acquired by Federated Media).
Community
Andrew was the founder of four startups, including Startup Weekend, and has built global communities across dozens of countries. He was employee number 1 at TechStars.
Partnerships
Coleman is an active cryptocurrency investor and real estate entrepreneur, owning and managing multiple Airbnb properties. He studied mathematics at Berkeley.
Business Development
Jon was the 10th hire at Redbeacon (acquired by The Home Depot) and 1st hire at Datanyze where he served in multiple business development roles from VP of growth to COO.
R&D Engineer
Yu Pan was one of the 6 founding team members of PayPal and was the 1st employee at YouTube. He is a former Google employee and co-founder of Kiwi Crate.
Senior Engineer
Cuong Do was the former head of Dropbox NYC Engineering. Before that, Cuong was one of the early team members at PayPal and worked alongside Yu Pan and Matt at YouTube.
Engineer
Micah was the technical co-founder of WellAttended, a bootstrapped box office management platform. He worked as a commercial real estate broker while learning to code.
Engineer
Tyler is a full stack developer and blockchain enthusiast. He is a recent college graduate who has helped build an ecommerce platform in the auto recycling industry.
Finance & Operations
Kay is a Chartered Professional Accountant (CPA). She previously worked as a Senior Accountant and then as a Senior Consultant at KPMG Canada.
Senior Engineer
Franck has had a successful career as an early employee at numerous high-profile companies. He previously led engineering teams at Inktomi, Paypal, YouTube, Google and Dropbox.