ODEM.IO The First Decentralized Education Marketplace

in #crypto6 years ago (edited)

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  • What is ODEM
    ODEM.IO is creating the first of its kind global, decentralized education marketplace to deliver complete end-to-end custom education programs and experiences. On the ODEM platform, anyone can list, discover, and book unique education experiences at an affordable price.

ODEM has identified four key issues which we address:

  1. Unorganized product information spanning multiple platforms complicates students’ evaluation and purchase of education.
  2. Soaring tuition costs, multiple layers of resellers and intermediaries inflate prices.
  3. Top education resources are primarily consumed by global elites.
  4. Professors are not properly incentivized to produce courses that meet changing consumer needs.

The NET Result of all this is an overpriced education market with few choices, a handful of players who hold all the resources, and insufficient choices and direct access to suppliers.

THE ODEM SOLUTION as a decentralized, blockchain-based platform will provide a single, trusted, worldwide network open to all members of education supply chain where any user can create a request, design, or attend an educational event with real-time, transparent financial transactions. The ODEM platform will deliver a platform with key solutions to current industry bottlenecks including:

  1. Know what you are buying
  2. Who you are buying it from
  3. Who is being commissioned
  4. Smart contract-based transactions to deliver payments only when TERMS and CONDITIONS are met.
  5. Instant cross-border payments with no delays or outrageous exchange and transaction fees
  6. Easy-to-use platform for creating, listing and marketing products
  7. Reward incentives to aggregate and retain network members

ODEM’s unique offering will make education more affordable for everyone.

ODEM will partner with its sister company, EXCELORATORS, an industry leader with over five years of experience as one of the premier providers of education services. Excelorators will provide ODEM with the key supply-chain resources including its existing developed client base and business services while working closely with ODEM to revamp the process of engaging buyers, and streamlining fulfillment and delivery of the custom educational programs within the ODEM marketplace.

ODEM expects the early adopters of this platform to be the Chinese education consumer, currently the largest consumer of US-based elite education in the world. And from this rigorous early adoption, ODEM expects to make its platform available quickly to consumers and business buyers worldwide.
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  • Why ODEM Now?

The Problem
Improving accessibility means addressing the challenges that students face in acquiring a great education. We recognize that overcoming obstacles is an important part of growing up. However, we also believe that creating a global marketplace can assist students in accessing many education options, customizing course selections, and managing the acquisition of student accommodation and transportation.

The Solution
Using the power of blockchain technology and its smart contract-based payment platform, ODEM will enable students and professors to interact directly and participate in the exchange of education and learning, without the involvement of intermediaries. Our goal is to make quality education more accessible and affordable to a broader audience.

The ODEM Difference
ODEM is not an online education platform. To address the inherent weaknesses of online learning, we combine a real-world classroom learning experience with the agility and flexibility of the best parts of online education.

  • The ODEM Token Layer
    The tokenization of the ODEM Business model, a software-as-a-service platform, is the first use of blockchain technology. The ODEM community will be launched through the public sale of an ERC-20 token, ODEMT, that will serve as the software license in the ODEM platform. The economic model for ODEMT is based on Discount Token research developed by the Sweetbridge Foundation. This design helps to isolate the utility of the token from fluctuations ensuring that use of the tokens is always advantageous. Through early participation in the ODEM platform, token participants jumpstart the community and fund the development. With the launch of the platform token-holding community members will immediately have access to software at a discounted cost, enabling immediate access to lower-cost educational services.
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  • TEAM

Education Team
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Management Team
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