Origin (OGN) Protocol, a project focused on enabling people to create decentralized sharing economy marketplaces powered by Ethereum and IPFS, has announced the launch of Origin Commissions on Dshop, its e-commerce store, enabling merchants on the platform to earn OGN token each time an item is sold via their link, according to a blog post on April 9. 2020.
Origin Commissions Now Live on Dshop
As stated in its blog post, the Origin team has expanded the scope of Origin Commissions, a crypto economic incentives initiative originally designed to help individual sellers on the Origin marketplace app to incentivize dApp creators, influencers, bloggers aggregators and others to surface their product listings on their platforms to make it more visible to prospective buyers.
With the latest development, the team says Dshop merchant partners can now incentive all their affiliates including publishers, bloggers and others to promote their products and services across the web.
Specifically, interested affiliates can use their Ethereum wallets to sign up with any merchant of their choice and share their unique affiliate links across the internet. Affiliates whose links drive sales for merchants will receive OGN commissions set by the merchants.
“Affiliates are incentivized to refer buyers and earn Origin tokens (OGN) when a transaction is completed via their links specially crafted with the Origin Affiliate Toolbar. Subsequent sales will result in OGN commissions paid directly to the affiliate. Affiliates will be able to review a summary of pending and completed commission payments via an integrated dashboard.”
Affiliates to Get 1 OGN Token for Every $2
Interestingly, the team has made it clear that the new feature is now live on the Origin Stay at Home Shop and as part of the April Origin Rewards campaign, affiliates will receive 1 OGN token for every $2 spent on the platform by anyone they refer.
However, to enjoy the giveaway, affiliates are required to first sign up for Origin Rewards and share their unique invitation link.
Origin launched its Stay at Home campaign earlier this month, as its contribution to the fight against the COVID-19 pandemic.
Origin says the entire proceeds from its Stay at Home shop this month, will be donated to the Coalition for Epidemic Preparedness Innovations (CEPI), a foundation collaborating with other organizations to speed up the development of COVID-19 vaccines.
At press time, the price of Origin (OGN) sits at $0.25, with a market cap of $7.3 million, as seen on CoinMarketCap.