ORIGYN token (henceforth OGY) is the native token of the ORIGYN platform. OGY is the principal mechanism for the creation of ORIGYN certificates of authenticity and are required to interact with the platform. The OGY token is a Utility Token by the standards put forward by the Swiss Regulators (FINMA) regarding token classification and will be publicly traded. Specifically, the OGY token provides the utility 1 of access to a platform where ORIGYN Certificates are minted, referenced, and transacted. The ORIGYN Certificate is a Non-Fungible Token (NFT), referring to a Unique Item. The ORIGYN Certificate is a Digital Twin of the unique item, and every new luxury object (e.g., watch, bag, artwork, etc.) is paired with a digital twin (NFT) during the minting process.
ORIGYN Foundation Price Analysis
As of October 11 2024 ORIGYN Foundation has a marketcap of $44M.
This is {{percentagefromath}} from its all time high of $0.04559569.
In terms of its tokenomics, there's a total supply of 10B with 80% currently outstanding.
Keep in mind ORIGYN Foundation has a fully diluted value of $56M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
