Hello guys. I will be discussing a platform which aims to build an educational framework thereby enhancing education. The name of this project is Odem. This project was conceptualized to create an educational framework as a result of problems like higher cost of Colleges which might be a problem to varying students. This problem requires online learning which has been helping students in pursuing higher education. This aspect of education needs more attention likewise investments which is the reason for Odem.
What is Odem?
ODEM is a qualified and trusted education industry to create customized curriculum and experience and go straight into the marketplace. It is more like a comprehensive platform that permits students, educators and repair suppliers within the education business to participate in an exceedingly direct, suburbanized and period of time marketplace. It permits participants to look, choose and buy existing instructional merchandise moreover as produce, request and discuss customized instructional experiences personally and online. The ODEM platform further gives students more options for housing, transportation and other necessities. ODEM will enable international and local students to take ownership of their education. ODEM will facilitate a live-in-classroom experience, supported by online capabilities.
How It works
The platform will run with a more extensive One-day Teaching or Training Week event, the ODEM platform connects students and educators in any way anywhere in the world. And with a thriving user community, the ODEM platform will be an ideal way to buy or sell tailor-made educational and training programs at cross-border levels. ODEM users must login to the platform, decide which services to buy, and the purchase records are saved to blockchain. Functions and activities performed prior to purchase, such as finding or adding a new curriculum will be handled by the platform.
In the case of the ODEM platform, the employment of the general public Ethereum network ensures the system is sure as access to the platform and periodic hashes of the state of the platform area unit broadcast on the general public network. At now, ODEM token practicality is taken into account sufficiently complicated for the team to like the Alan Turing Complete EVM over the employment of Stellar for the general public token. Nevertheless, use of the Ethereum Network are going to be unbroken to a minimum to avoid excess transactions prices on ODEM.
On the ODEM platform, Ethereum primarily based good contracts can make sure the services area unit accessed in an exceedingly “trustless” manner. “Trustless” doesn’t mean that they can’t be sure, however instead the need to trust one another isn’t needed. At a sensible level, this implies that a student should purchase services from service suppliers sitting on the opposite facet of the world, while not ever meeting them associated while not knowing whether or not they area unit an honest service supplier.
Payment of instructional services on the ODEM platform are going to be created via associate inherent cryptocurrency, associate ERC twenty token, particularly the ODEM Token (ODEMT). This feature permits for a typical divisor that gives cheap transfers valuable, in addition as quick and secure monetary transactions on the platform. Within the ODEM platform, suppliers are going to be incentivized to hitch the platform through free initial tokens allotted from the ODEM Rewards token distributions. Once suppliers sign on and build profiles, they need to adhere to the provider fee structures.
Major Features of the platform
As stated previously, Inside the ODEM payment platform, both students and the educators have the opportunity of earning royalties based on the type of curriculum or content that they create or upload on to the platform.
On odem, Service providers will be able to generate service fees by posting of educational lectures, knowledge course, training modules and other types of academic content onto the platform. These fees are computed as per a dynamic supplier fees structure and combined with the listing prices as picked out by the educators when they upload educational material. Moreover. Service providers and suppliers have the ability to earn a share of the fees.
About Token sale and Distribution
Pre token sale — early adopter phase
This Pre Crowdsale stage will begin on December 10, 2017. In Pre-token sales, 58.2 million ODEMT will be issued at a discount rate of € 0.0375. This ODEMT will published at a 25 percent bonus rate. Please note the bonus tokens will only be accessible After completion token token and token generation event event has occurred. There is a minimum purchase requirement of 200,000 ODEMT, per user, in Pre-token sales stage.
The primary token sale will begin tentatively on February 17, 2018 and will continue until March 19, 2018. A total of 180 million ODEMT will be issued. That the token will be issued at, or about € 0.05. Considering the fact that the ODEM platform can only perform optimally if the token is widely distributed, all users will be allowed maximum purchase of 250,000 ODEMT during the first hour of main token sale. After The maximum cap of 250,000 ODEMT will be lifted.
To know more about this project, Visit:
ANN THREAD: https://bitcointalk.org/index.php?topic=2591616.0
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1048662