We are ecstatic to announce that Coinbase, the world’s most prestigious cryptocurrency exchange and leading on-ramp for retail users, announced they will be listing Origin Tokens (OGN) at 9AM PT on Friday April 9th on Coinbase Pro. OGN-USD and OGN-BTC order books will launch in three phases, post-only, limit-only and full trading.
Coinbase was recently approved by the SEC for a direct listing on the NASDAQ and will be premiering its COIN stock on April 14th, 2021. A cryptocurrency exchange going public on the US stock market is a historic moment for the entire industry, and we are overjoyed to be a part of this movement that will further increase adoption of cryptocurrency and blockchain technologies.
It is hard to overstate how important this milestone is for Origin and our global community. Coinbase is by far the most common way US retail customers start their journey into crypto, and the spotlight on Coinbase will greatly increase when they go public. Throughout the last few weeks alone, we’ve received thousands of requests from US individuals looking to purchase OGN, and now these users will have a quick and seamless way to participate in the Origin community. In addition, millions of people will learn about Origin for the very first time simply by being exposed to the OGN trading pairs on Coinbase. Notably, the OGN-USD pair provides a direct fiat onramp for our many US supporters. We are now one momentous step closer to achieving our mission of bringing NFTs, decentralized commerce, and decentralized finance (DeFi) to the mainstream.
At Origin, we have been building cryptocurrency products for nearly four years. Origin was founded in 2017, and we released our early marketplace application to the Ethereum mainnet in 2018. Since then, we have built products in the decentralized commerce space with a focus on NFTs as well as in the decentralized finance (DeFi) space.
We have worked with some incredible corporate partners including Samsung, Google, and Amazon. Origin has been covered in outlets like The New York Times, TechCrunch, Forbes, and The Wall Street Journal. We have already broken records with our NFT launches and are working with world-famous creators such as Jake Paul and Lupe Fiasco to launch more NFT collections. In the next few weeks, dozens of additional creators will launch on our NFT Launchpad. Despite all of these past accomplishments, we believe the future is even brighter for Origin, and we will not rest and will keep pushing ahead to bring our products to mainstream users in the coming months and years.
The Origin Token (OGN) is the governance and value accrual token for the entire Origin Platform and suite of products. OGN holders will be able to make and vote for proposals to determine how our various commerce and DeFi protocols are governed. Part of the value transacted across our products will be captured and accrue to OGN as well.
Deposits of OGN will be enabled from today. Trading will go live at 9AM PT on Friday April 9th.
This corresponds to the following times across our global community:
To trade OGN, you will need to sign up for an account on www.coinbase.com and pass Coinbase’s AML (anti-money laundering) and KYC (know-your-customer) checks.
If you have additional questions or need help with this process, please email us at [email protected].
At Origin, we are committed to building a generationally-significant company that will create impact and value for our customers for decades to come. When Origin was founded, we chose to implement four-year vesting schedules for all team members to ensure all our employees were incentivized to create long-term value. We took this practice from our experience as serial entrepreneurs and operators at some of the most successful startups of all time, working with some of the most successful founders of all time. Our founding engineer, Yu Pan, was a co-founder of PayPal alongside Elon Musk, Peter Thiel, Max Levchin, and others. Much of our team has worked together in the past as some of the earliest employees at YouTube before moving onto Google and other iconic tech companies like Dropbox.
As a reminder to our community, Origin’s two co-founders, Matthew Liu and Josh Fraser, volunteered to start new four-year unlock schedules beginning in January 2020 despite having already vested more than half of their tokens. To date, neither co-founder has sold a single token.
The entire Origin team and investor base are aligned to act in the long-term interests of the project. Full details about our projected and actual circulating supply as well as other important token metrics are accessible at our OGN dashboard.
Many cryptocurrency projects consider a Coinbase listing to be their crowning achievement. While we are beyond thrilled to have OGN trade on the world’s premier exchange and bring our project to millions of new mainstream cryptocurrency users, we see today’s milestone as just one crucial step in our path forward. We believe the best days of Origin are yet to come, and we will work tirelessly until hundreds of millions of customers are using our products. Look forward to new partnership announcements regarding OUSD, Dshop, and our NFT Launchpad as well as additional exchange listings for OGN and OUSD.
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