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Origin Protocol ICO Interview

ICO Interview

Founded in 2017

2 Founders

Updated May/18

Origin Protocol are empowering developers and businesses to build markets, decentralized on the blockchain. Creating and managing listings for assets and services is made easy. As is finding buyers and sellers, leaving ratings and reviews as well as browsing listings.  

When did you first get into Bitcoin and why?

I was interested in Bitcoin for political reasons, as were many early adopters. My political views have changed over time, though.

Where did the inspiration for your ICO come from?

The founders wanted to do something audacious and impactful that truly required decentralization.

How will your business make money in the future?

We don’t charge fees but will be one of the largest holders of Origin’s future tokens. We also may provide value-added services to people using our technology, such as arbitration or customer support in addition to consulting and white glove development services.

How big is your team at the moment?

There were 2 founders, 5 employees, 10+ advisors and contractors, and 40+ contributing open source engineers. Overall we have 7 full time employees and 40+ contributors.

What is the idea behind your ICO?

Peer-to-peer marketplaces shouldn’t be peer-to-giant-corporate-monopoly-to-peer marketplaces. Sharing economy marketplaces have become monopolized and unfair. We want to build the technology that disrupts this model.

Can you walk us through the critical components of your business and how it will work?

We are creating a Javascript library called Origin.js that will talk to a modular smart contract library on Ethereum and also to IPFS, a decentralized data protocol. Our goal is to have something like a Stripe.js, where users of Stripe can set up payments in a few minutes or hours by executing a few Javascript functions, we want Origin.js to enable developers and entrepreneurs to be able to easily spin up their own marketplace or sharing economy Dapp on Ethereum.

What was the greatest challenge you have faced so far?

Engineering on an immutable blockchain where executing code has an economic cost is challenging, as well as all the recruiting and fundraising craziness in a hype-addicted industry. We believe we are well equipped and experienced enough to take on these challenges. Regulatory uncertainty is tough to deal with as well.

Where do you see your business in 5 years time?

Hopefully we will be starting to see wide scale adoption of Dapps built on Origin. We think something like homesharing, where the transaction value is high and transaction volume is low, is a good candidate for mass consumer adoption. We will probably see crypto native asset marketplaces being set up first, but we look forward to being surprised at all the applications of the technology we are building.

If you were to start again, what would you do differently? Why?

I’m not sure, it would have been impossible to foresee everything that happened.

What are the biggest factors that will bring success?

Shipping solid product on time and developing relationships with developers and other businesses.

What’s your advice to other ICOs or Bitcoin businesses who are just starting out?

Focus on your product and code and avoid the marketing hype.

Aside from your website where else are you present on Social Media and how can people get in contact with you?

We are on Telegram, Twitter, Reddit, Facebook, Discord, GitHub, and our blog is on Medium.

Please feel free to email me at coleman@originprotocol.com if you want to get involved or learn more!

Disclaimer –  We do not endorse or are not being paid to promote this ICO.

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