Origin Protocol Secures $28.5 Million in Strategic Funding on April 25, 2018
OGN
OGN
-3.96%
According to industry reports, Origin Protocol secured $28.5 million in strategic funding on April 25, 2018. The round was led by BlockTower Capital, 1kx, FBG Capital, Kenetic Capital, The Spartan Group, DHVC, Continue Capital, Foundation Capital, PreAngel, and Beyond Ventures, among others. Following this investment, Origin Protocol’s total funding reached $38.1 million.Origin Protocol’s mission is to bring NFTs and DeFi to mainstream audiences. Its flagship products include the NFT platform Origin Story and Origin Dollar (OUSD). Origin Story offers creators a platform to sell NFTs, enabling them to set up Origin accounts, upload audio and visual assets, build custom websites, and arrange NFT sales in various formats such as one-on-one auctions, leaderboard auctions, open editions, and limited editions.Origin Protocol has demonstrated rapid growth throughout its funding history. After raising $3 million in December 2017, the project conducted an ICO in June 2018 that raised an additional $6.6 million. Notably, its OGN token was listed on major exchanges in January 2020. Despite experiencing an $8 million hack in November 2020, the project maintained its momentum and completed a new funding round in February 2022.Origin Protocol’s trajectory highlights its innovative capabilities and resilience in the NFT and DeFi sectors. By continuously enhancing its products and services, the company is committed to popularizing blockchain technology. As the NFT market continues to expand, Origin Protocol is poised to play an increasingly significant role within the industry.
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OGN Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| Strategic | $28 M | -- | 2018-04-24 | BlockTower Capital,1kx,FBG Capital,Kenetic Capital,The Spartan Group,DHVC,Continue Capital,Foundation Capital,PreAngel,Beyond Ventures |
Key Milestones
- 2022-02-03Origin Protocol completed a new funding round
- 2020-11-17Origin Protocol losed $ 8 M in hack
- 2020-01OGN is live for trading
- 2018-06-18Origin Protocol raised $ 6.6 M through ICO
- 2018-04-25Origin Protocol raised $ 28.5 M in strategic financing
- 2017-12-11Origin Protocol raised $ 3 M in funding round
24-Hour High
$0.04844
24-Hour Volume
$61.37K
All-Time High
$3.35
All-Time Low
$0.0259
Market Cap / FDV
46.06%
FDV
$66.36M
24-Hour Low
$0.04686
Market Cap
$66.36M
Circulating Supply
649.32M OGN
Total Supply
1.40B OGN
Max Supply
1.40B OGN
Market Sentiment
Positive
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.27% | 1.63% | 2.67% | 16.88% | 45.48% |
