August 2020 Origin Token (OGN) Holder Update

Every month, the Origin team publishes a monthly update to our token holders and broader community. Welcome to the August 2020 edition. We are eager to hear feedback and suggestions from our community. Please email support@originprotocol.com for support requests and info@originprotocol.com for general inquiries/comments.

Summary

On the heels of last month’s launch of self-serve Dshops, we continued to focus on pushing our decentralized e-commerce store platform to new audiences.

• Notably, we announced our multi-phase partnership with Google Cloud. We’re excited about working with one of the most innovative companies in the world on a variety of initiatives centered on decentralized commerce and blockchain data accessibility.
• We added new merchant partners to our growing list of Dshop customers, including CoinList and other highlighted crypto projects.

As we’ve been working with an increasing number of Dshop customers, we’re also making rapid progress on our feature offering. More details on recent updates are below.

Partnerships

Our partnership with Google Cloud will encompass several chapters. To start, we’ve integrated our technology offering with the Google Cloud Marketplace.

Merchants that want to self-host their Dshops can select Google Cloud infrastructure, generating revenue for the cloud provider. We will be working with Google to market the Dshop deployer broadly to increase the install base of Dshop merchants across many different verticals (e-commerce, digital goods, rentals, other services).

We’ve also partnered with Google on a blockchain data initiative. Because blockchain data is difficult to index, data analysis of important data is also difficult and time consuming.

Our collaboration with the Google BigQuery team will bring Google Search-like capabilities to blockchain data. Expect updates on this second phase and future partnership developments in the future.

New additions to the Dshop network of crypto projects include CoinList, Oasis, and Akropolis. We’re excited to see so many companies in our space embrace Dshop as their preferred e-commerce solution.

Product

This month we released several Dshop feature enhancements. Perhaps most importantly, we performed critical localization work and now support 4 languages (with more coming) and dozens of currencies. As we anticipate a lot of growth in non-US markets, this small but important update enables our business development teams to attract merchants from new regions, increasing Origin’s global footprint.

In response to merchant requests, we’ve added several supported payment types, including manual payments and PayPal. We’ve designed these payment options to be modular. Merchants should be be able to swap in new payment methods at any time. We will likely support non-ERC-20 cryptocurrency payments such as Bitcoin and Litecoin in the near future.

Rounding out the last release is more integrated support for Printful, the default dropshipping add-on for Dshop.

Token economics

There are currently 124M Origin Tokens (OGN) in the circulating supply. This is close to 36M lower (22%) than the originally projected 160M tokens from our Binance research report.

This month’s increase to circulating supply was larger than most months as we had a large investor unlock. We anticipate a more tapered increase in circulating supply over the next two months and always target staying under our previous projections. Full details are available at our OGN dashboard.

There are currently approximately 40.9M OGN locked by 414 individuals and entities.

Additionally, Intotheblock is currently showing that 93% of OGN holders are in the money, with the majority of holders holding for 1 to 12 months.

Community

Last week, Origin participated in Korea DeFi Roadshow 2020, hosted by MakerDAO. Coleman, head of business development at Origin, spoke about Origin’s role in the DeFi ecosystem with live translations provided by Mila, our regional manager of Korea. Check out this blog post (in Korean) for more details of the event and press coverage we received as a result.

Overall, we are very excited about recent development in DeFi and look forward to contributing to the burgeoning ecosystem. Coleman further shared our DeFi perspectives recently.

Together with Kyber Network, our Dshop partner, we were thrilled to launch a trading contest on Kyberswap for our OGN holders. $8,000 worth of prizes were distributed to 100 lucky winners. Thank you everyone for participating in the contest — we look forward to launching many more exciting community initiatives in partnership with DEXes like Kyberswap. For all of our Kyber Network fans, please continue to support the Kyber Dshop.

Also this past month, we launched our first global Origin Genesis Ambassador Program. After our initial success of the Origin Genesis Ambassador program in Korea, we decided to launch a global program and recently welcomed 30 ambassadors from all around the world. Our ambassadors (aka ‘Originators’) have teamed up with our amazing community managers to brainstorm and launch various marketing initiatives with a focus on spreading our vision of enabling decentralized commerce. We are excited to welcome these new evangelists of Origin that will help us continue to grow our community.

To show our appreciation of our Dshop merchant partners, we are featuring new merchants every week on our social media platforms. We are committed to helping our merchant partners succeed in every way possible. If you are a merchant, and would like to get featured, please email us at dshop@originprotocol.com with a short description of your business, your profile photo or a short video highlighting what Dshop means to you, and why you’ve decided to use it to grow your business.

Lastly, we are committed to interacting and answering questions from our community on a regular basis. Our core team members have participated in various AMAs this past month, collaborating with Huobi Global Russia, Satoshi Club Spanish, and Pantera ICO for our Korean community. If you want to collaborate in exciting community outreach & marketing initiatives, we want to hear from you.

Learn more about Origin:

• Buy Origin Tokens (OGN): Binance, Huobi, Upbit, Bittrex Global
• Track OGN token metrics: originprotocol.com/dashboard
• Launch your decentralized store: originprotocol.com/dshop
• Buy and sell on our marketplace: DApp, iOS, Android
• Learn more on our company website: originprotocol.com