Origin Protocol (ORIGIN) ICO Review & Analysis – Origin Protocol ICO Review

Origin Protocol

The Sharing Economy Without Intermediaries

ERC20 Token

Origin Protocol is a protocol for creating sharing economy marketplaces using the Ethereum blockchain and IPFS

Whether you are a freelance photographer, apartment owner, bikeshare supplier, or existing sharing economy business, Origin makes it easy to do business on the decentralized web.

Harnessing the power of the Ethereum blockchain, listings are managed via a secure and transparent system that acts as a neutral third party. Buyers and sellers share the 20-30% transaction fees that currently go to companies like Uber, Airbnb, Fiverr, and Getaround.

Smart contracts enable secure and reliable payments directly from one party to another.
Protocol schemas support hundreds of listing types, including custom verticals.
Identity verification & reputation data on the blockhain ensures safe, reputable partners.

“We empower developers and businesses to build decentralized marketplaces on the blockchain. Our protocol makes it easy to create and manage listings for the fractional usage of assets and services. Buyers and sellers can discover each other, browse listings, make bookings, leave ratings and reviews, and much more”

Positives

Origin Protocol Has a Long List of Blockchain Projects Lined up to Use the Platform Once It Launches. With over 30 Projects Such as Beetoken, Propy, Storiqa and Other Big Names on Their List of Partners, You Can Bet on Adoption Being Pretty Welcomed. The Team Here Looks Great, Having Experience with Large Companies Such as Youtube
Beautiful Website. Super Easy Research for Investors. Extensive Documentation Including a Full Whitepaper and a Large Developer Library For People Who Wish to Build on the Platform . Great Graphics. Well Structured and Presented.
Decentralized Marketplaces and Sharing Economies Usually Do Quite Well Because They Cut out Middlemen in Industries That Really Don’t Need Middlemen. Origin Protocol’s Partners Cover Several Industries That Are All Currently Plagued by Useless Middlemen Due to the Centralized Nature of Current Platforms. “The More the Merrier” Is a Term That Fits Well Here.
Github Progress Looks Great, Dating Back to November 2017. With 13 Repositories at the Time of Writing (April 2018) and What Looks like Multiple Commits per Day, Origin Protocol Is Clearly Working Hard and Has Been for Some Time.
Competitors Are Going to Find It Hard to Compete Quickly Due to the Vast Amount of Partners That Origin Protocol Has Managed to Secure and the Extensive Github Progress Already Made. It’s Rare That We See New Projects Have a Public Github Available Before Their ICO, Origin Protocol Is Clearly Confident Enough to Show All of This Off.

Concerns

Origin Protocols Roadmap Is Pretty Vague with Its Milestones. With Only One Milestone per Quarter up until 2019, Investors Are Going to Be after a Bit More Information on How Far along the Company Is and Where They Plan to Be One or Two Years into the Future. Not a Huge Concern but Something That Could Be Updated by the Team.
Mainstream Companies Such as Uber, AirBnB, Fiverr, Etc, Still Have a Stronghold on Their Audiences. Cutting out the Middleman Saves Everybody Money but Unfortunately These Companies Have Extremely Loyal Customer Bases That Keep Coming Back and Won’t Change Services Unless They Have To. These Companies Aren’t Going Anywhere Anytime Soon. Not a Direct Concern for Origin Protocol but the Decentralized Sharing Economy as a Whole.
No Other Concerns Here. Origin Protocol Looks Extremely Good Across the Board and We Don’t See Any Immediate Issues with Their Business Model or Vision. Investors Should Keep an Eye on Development and Watch out for an Updated Roadmap Somewhere down the Line.