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Origin Protocol

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Origin Protocol
ISIN🆔
Founded 📆2017
Founders 👔Matthew Liu and Joshua Fraser
Headquarters 🏙️San Francisco
Area served 🗺️
Members
Number of employees
🌐 Websitewww.originprotocol.com
📇 Address
📞 telephone

Origin Protocol is a sharing economy organization founded in 2017.

History[edit]

Origin Protocol was cofounded in San Francisco in 2017 by Matthew Liu and Joshua Fraser, in order to connect buyers and sellers to transact directly without any intermediaries.[1] Origin received $38 million in early funding, including a $3 million seed round in 2017 that was led by Pantera Capital, a $6.6 million CoinList sale, and $26.4 million in additional funding.[1][2] As of 2018, Origin had been used by 45 organizations to create independent sharing economy applications.[3]

Protocol[edit]

In 2018, Origin launched on the Ethereum Mainnet, as a decentralized marketplace protocol to connect users and providers directly without requiring trusted intermediaries. Users can create marketplaces for their products or services, without the use of a third-party app or company,[1][4] as Origin claims to facilitate the creation of peer-to-peer marketplaces.[5] These are created through Origin's database of offerings and customers distributed to potential users, who can create a marketplace based upon that information without having to interact with a private company.[6]

References[edit]

  1. 1.0 1.1 1.2 "Origin launches protocol for building cheaper decentralized Ubers & Airbnbs".
  2. Alois, J. D. (August 29, 2018). "Following CoinList Funding Round, Origin Protocol Launches Decentralized Messaging Service". Crowdfund Insider.
  3. Hurst, Samantha (April 25, 2018). "Origin Protocol Secures $28.5 Million Through Strategic Round". Crowdfund Insider.
  4. Clarke, Laurie. "Could Decentralised Platforms Redefine the Sharing Economy?". Techworld.
  5. Alois, J. D. (August 1, 2018). "CoinList: Origin Protocol Raises $6.6 Million. $2 Million was Funded in Just 5 Minutes". Crowdfund Insider.
  6. Lindeman, Tracey (April 5, 2018). "Startups Want to Use the Blockchain to Take Our Data Out of Uber's Hands".


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