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ORIGYN Launches on LBank: Revolutionizing Real World Asset Certification
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Market Musing-g

ORIGYN Launches on LBank: Revolutionizing Real World Asset Certification

Crypto News Flash
By Crypto News Flash
6 months ago
4 mins read
ORIGYN Launches on LBank: Revolutionizing Real World Asset Certification

Neuchâtel, Switzerland, July 24th, 2024, Chainwire

ORIGYN, the premier Real World Asset (RWA) protocol, has officially launched on LBank, marking a significant milestone in the blockchain and asset certification industry. With its advanced technology and innovative approach, ORIGYN is set to redefine the standards of asset verification and authenticity across various sectors.

Decentralized and Neutral Protocol

ORIGYN operates as a decentralized RWA protocol, backed by a Swiss foundation. This structure ensures that the protocol remains neutral and accessible to all, including competitors. By decentralizing the certification process, ORIGYN guarantees transparency, security, and trust, making it a reliable solution for businesses worldwide.

Broad Industry Adoption

Already, ORIGYN’s technology is being utilized in diverse industries such as gold, diamonds, luxury goods, art, and Made in certification. This wide-ranging adoption underscores the versatility and effectiveness of ORIGYN’s protocol. With plans to expand into the music industry, ORIGYN is poised to influence even more sectors, demonstrating that RWA technology is not just emerging but thriving.

Cost-Effective and Secure Certification

ORIGYN offers a revolutionary and cost-effective certification process, protecting 1GB of data for 100 years at just $60. This affordability stands in stark contrast to Solana’s $110,000 and Ethereum’s staggering $79,000,000 for the same amount of data per year. This cost-efficiency, combined with cutting-edge technology, ensures that the certification process is not only secure but also accessible to a wide range of industries. ORIGYN’s approach enhances the security and authenticity of asset certification, making it a game-changer in the market.

Deflationary OGY Token

Central to the ORIGYN ecosystem is the OGY utility token. This deflationary token becomes more scarce as more certificates are created, with tokens being burned in the process. This mechanism not only increases the value of the remaining tokens but also incentivizes the use of ORIGYN’s protocol, fostering a robust and dynamic ecosystem.

A True DAO

ORIGYN is a Decentralized Autonomous Organization (DAO). This structure ensures community governance and participation, making ORIGYN a truly decentralized solution. By involving the community in decision-making processes, ORIGYN maintains its commitment to transparency and trust.

Strategic Partnerships

ORIGYN’s success is bolstered by strategic partnerships with industry leaders. Notable collaborations include:

– Metalor: Collaboration with the second largest gold refiner in the world. 

– Leo Caillard: Partnership with the world-renowned artist.

– FederItaly: Collaboration for Made in Italy certification. 

Achievements and Future Plans

In the past 12 months, ORIGYN has achieved significant milestones, including the creation of gold certificates compliant with Swiss law and audited quarterly by KPMG. The protocol is expanding into the diamond and art sectors, showcasing its adaptability and effectiveness.

Looking ahead, ORIGYN plans to increase user adoption and onboard more industry players. The strategy involves utilizing OGY tokens for creating certificates and adding data on-chain, enhancing token scarcity. ORIGYN has also developed an integrator business model to facilitate the adoption of its protocol in specific markets. This model ensures the protocol’s accelerated integration and widespread use.

As ORIGYN launches on LBank, it brings a new era of trust and authenticity to the asset certification industry. By combining advanced technology, cost-effective solutions, and a decentralized approach, ORIGYN is set to transform how businesses verify and transact with valuable assets. With its innovative protocol and strategic partnerships, ORIGYN is poised to lead the market and set new standards in real-world asset certification.

ORIGYN’s launch on LBank marks the beginning of a new chapter in the blockchain industry, promising secure, transparent, and tamper-proof certificates that redefine the concept of trust in the digital age.

To learn More about OGY Token:

Token allocation/dashboard OGY: https://dashboard.origyn.com/
Gitbook (RWA certification and user guides): https://origyn.gitbook.io/origyn/
Contact
Co-CEO
Silvia
silvia@origyn.ch
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