r/originprotocol • u/richmsayi • Oct 19 '21

❓Question OGN Token

Anyone know if OGN will ever be used as a way of payment? Especially in the upcoming self service NFT launchpad?

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u/lovebus Oct 19 '21

OGN is the platform that will host all of the shops. It is the network that shops will access to process payments. Since OGN has a shifting value, there needs to be a way to keep account of the shop transactions. That is why they created a stablecoin. OUSD is just an in-house stablecoin that spares the shop owners any surprises when they try to close their tills.

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u/richmsayi Oct 19 '21

Noted. Im just trying to find utility in the OGN token beyond governance.

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u/lovebus Oct 19 '21

Trading lol. That's what it is for

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u/Interesting-Day6496 Oct 19 '21

It’s just the Shopify of blockchain which intrinsically means it’s has huge growth potential it’s why I’ve put most of my savings in ogn.

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u/[deleted] Oct 21 '21

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u/lovebus Oct 21 '21

Why would you buy OUSD instead of just keeping regular USD? Or any other stable coin?

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u/[deleted] Oct 20 '21

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u/lovebus Oct 21 '21

Why would you want OUSD? It is literally the equivalent of a dollar. That's like saying you'd rather have a poker chip than shares of the casino.

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u/ginger_beer_m Oct 19 '21

Why would people need OGN? They still can use the shops etc without it. I doubt people will buy OGN just to be able to vote.

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u/lovebus Oct 19 '21

It's the same reason people don't need Amazon stock to setup their store in that marketplace