Arts

November 2021 Origin Token (OGN) Holder Update

This post was initially revealed on Origin

Creators are in a position to create their very own NFT storefronts with Origin Story. This allows direct engagement with their audiences versus utilizing a big generic aggregator like OpenSea. Origin will now have the ability to scale hundreds of NFT gross sales at a time as an alternative of being restricted to serial excessive profile drops.

NFT Creators additionally now have the choice to promote NFTs totally free. As a substitute of taking a 15% fee, the usual charge throughout quite a lot of platforms for main gross sales, we’re providing a 15% OGN charge refund. Because of this creators will personal a stake within the Origin community and be incentivized to unfold the phrase about Origin to their audiences. Too many creators have been locked out of NFTs by excessive charges and too many creators really feel like they don’t personal a stake within the platforms that they use.

Origin Story will even give creators the facility to launch their very own market hosted on their customized storefront. This enables them to generate secondary gross sales and royalties immediately on a property that they management with an viewers that’s centered on their work.

Circulating provide is at the moment at 392M in comparison with a projected 463M tokens. The circulating provide quantity contains the hundreds of thousands of OGN staked in our staking program, decreasing the precise float additional. It is usually necessary to notice that the majority investor unlocks have already occurred, that means that there will probably be fewer catalysts for big quantities of tokens being launched onto the market sooner or later.

The Origin crew will probably be in Miami for Artwork Basel. Artwork Basel is the world’s premier artwork convention and this 12 months there will probably be a ton of NFT reveals and occasions because the artwork world has been disrupted by NFTs. Whereas we’re there we will probably be connecting with potential creators and artists and onboarding them onto Origin Story.

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