Origin Protocol


Origin Protocol is a sharing economy organization founded in 2017.

History

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. 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. As of 2018, Origin had been used by 45 organizations to create independent sharing economy applications.

Protocol

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, as Origin claims to facilitate the creation of peer-to-peer marketplaces. 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.