LBank AMA Recap with $OGY

LBank Listings&Projects
5 min readAug 9, 2024

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LBank AMA Recap with $OGY

On August 8 , we held an AMA with the $OGY team, hosted on LBank official telegram channel. If you guys had missed this session, here’s another chance to get a full transcript of the AMA event.

INTRODUCTION : Silvia | ORIGYN:

1. ORIGYN is the world’ most advanced RWA certification protocol!

Karolina:

2) @silviubie @victorgorigyn @karolinaogy we have a pleasure to be a CO-CEO for ORIGYN Foundation which a main contributor for ORIGYN Protocol

Dustin:

2. I’m Dustin, co-CTO of ORIGYN and leading the tech team. We as the ORIGYN Foundation are the main contributors to the ORIGYN protocol and are constantly pushing features and updates to the NFT and any related products but also the DAO which is governing the entire project.

Christian:

2) I just joined the team recently and will be working on marketing management within ORIGYN. I will analyze the needs of the community and manage the telegram groups, among other things.

Question 1. What is the main goal of ORIGYN?

Guest Answer : The ORIGYN Protocol aims to establish a new standard in RWA (Real-World-Asset) certification, reshaping the verification of ownership and authenticity through a decentralized and transparent system.

ORIGYN NFT certificates store an array of data, including images, documents, videos, entire applications and marketplaces 100% on-chain. Assets that have historically been perceived as inaccessible by the vast majority of people are now available to everyone. The certification and fractionalization of ownership and its security are a fundamental pillar that will drive numerous industries and incentivize numerous new investors.

Accessing the protocol and minting certificates requires the fully deflationary $OGY utility token, a vital force driving the ORIGYN Protocol’s operations.

Question 2. What are the main challenges in digitizing and certifying real-world assets, and how does ORIGYN address them?

Guest Answer: This is a good question !

Digitizing and certifying real-world assets presents several challenges, including achieving widespread adoption, ensuring asset authenticity, and maintaining regulatory compliance. The tech stack of ORIGYN provides solutions to fight counterfeit, to increase access to information via traceability and to create new revenue streams.

ORIGYN certificates allow to lock the RWA assets within the smart contract itself, ensuring unparalleled security and transparency. Main competitors claim to be able to certify on chains, but in reality they rely on a centralized cloud for storing data and images. With ORIGYN Protocol all data is fully on-chain and certificates can be transferred from one owner to the other at a fraction of the costs vs competition thanks to the Internet Computer blockchain capabilities

Question 3. How do token holders participate in the governance of the project? What decisions can they vote on regarding the project?

Guest Answer : We champion a decentralised governance model through our DAO framework, empowering $OGY token holders to have a direct impact on the project’s trajectory. Token holders can actively participate in shaping the future by voting on pivotal issues such as protocol enhancements, new asset tokenisation opportunities, and strategic partnership decisions. This model fosters a truly democratic process, ensuring that the governance of ORIGYN is not only community-driven but also reflective of the diverse interests and expertise of our global user base. All users can participate in the governance from staking 888OGY — check out: https://origyn.gitbook.io/origyn/how-to/how-to-stake-ogy-tokens

Question 4. Can you share some recent partnerships or collaborations that ORIGYN has entered into? What are the key milestones ORIGYN has achieved so far, and what are the upcoming goals?

Guest Answer : 4) ORIGYN has recently formed strategic partnerships and launched live solutions with leading industries. The most recent collaborations are with Cyber for tokenizing diamonds, alliances in the gold tokenization with METALOR -one of the world’s first gold refinery in the world active since 1852- and the Gold DAO. Further, ORIGYN partnered with Federitaly for the certification of 100% Made in Italy products. All these partnerships underscore our commitment to expanding asset digitization across high-value markets. Another key milestone includes the successful launch of the $OGY Dashboard, which offers real-time asset performance insights, and comprehensive security audits validating our platform’s integrity.

Looking ahead, our objectives are to diversify our asset tokenization to encompass more sectors such as luxury goods, introduce advanced platform features, and strengthen our global partnerships to drive innovation and expand our reach. Thank you for the question!

Q 5. What’s the future projects?

Guest Answer : Silvia | ORIGYN:

Our future projects are set to transform the landscape of asset tokenization!

We are gearing up to expand our offerings to include more art certification with the collaboration with the artist Leo Calliard, for exampke, and we are preparing a very special project that we will announce in the upcoming months also within the art fractionalization sector — stay tuned! this is going to be a game changer!

ORIGYN will start the onboarding of Certified Integrators, selected and voted entities specified in different sectors, such as luxury goods, and that will help ORIGYN Protocol increase the reach and adoption within the industry’s leaders and reach more users.

We are also focused on scaling our technology to enhance interoperability with other blockchain networks and financial systems. Strategic partnerships will be pivotal in driving innovation and expanding the ecosystem. Additionally, ORIGYN is committed to fortifying security with ongoing audits and updates, and developing robust governance mechanisms to ensure transparency and active community engagement in the platform’s evolution.

so lot more coming — we will publish the updated official roadmap soon!

Community Questions :

Question: IMPORTANT QUESTION, on which network can I get your $OGY token?

1) BSC chain

2) Tron

3) Ethereum

4) Polygon

Or any other network, can you tell us?

Telegram Username:

Guest Answer : ORIGYN builds on Internet Computer!!

Question 2 : Staking programme is very important for any project,? Can i stake your token,? Do you have any plan of starting staking programme?

Telegram Username :@Nowakowski_10

Guest Answer : Yes! Go to dashboard.origyn.com to learn more about how to stake!

Question 3 : When and where i can your tokens?

Telegram Username: @HadiaCryptoBirds

Guest Answer : https://coinmarketcap.com/currencies/origyn-foundation/

we are on lbank, mexc, bitrue and dexs such as icpswap and sonic

Question 4 : My question:

Do you have a white paper?

If you have, please share with us.

Finally, do you have a pre-sale plan?

Telegram Username — @Muhammad_ashik11

Guest Answer: https://dashboard.origyn.com/Tokenomics_V3.pdf here you can find the latest tokenomics deck!

Question 5 : Do you have any plan for burning $OGY tokens in the future to reduce the supply of the $OGY token and increase its investment attractivenes?

Telegram username

Guest Answer : yes! burning is fundamental part of the $OGY tokenomics. Everytime a certificate is created, OGY get burned. The more certificates the less $OGY in circulation as $OGY is fully deflationary. No more $OGY will ever be minted

https://origyn.gitbook.io/origyn/tokenomics/burning-and-deflationary-actions

Question 6 — Do you have audit certificate?

or

Are you working on auditing your project, so that project security is more secure and reliable?

Yes, code security is a big priority and we are constantly auditing our code base. We are currently in the final stage of doing another audit of which the results will be published soon.

Telegram username — @Tanika324

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LBank Listings&Projects
LBank Listings&Projects

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