ODEM AND WHAT YOU NEED TO KNOW ABOUT IT
Hello crypto lovers, we got new ico here called ODEM. Let’s read all explanation about it bellow…
ODEM may be 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. Not like online education suppliers like Coursa and Khan Academy, the ODEM platform focuses on making instructional programs nose to nose and in real time. For this reason, the ODEM platform is meant to accommodate not solely the delivery of one course, however conjointly the related to services and coming up with that area unit enclosed within the accommodation.
ODEM is over simply a marketplace for education. Through intelligent contracts supported Ethereum, the agreement between students and professors are going to be achieved with the slightest attainable implication of intermediaries. The tradable utility tokens of the platform can function a standard currency to facilitate cross-border payments and encourage lecturers to keep up their current and relevant courses. Our dream is to form the education of the simplest educators within the world accessible to any or all.
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.
The acquisition of ODEMT and their storage has varied risks, together with the chance that the ODEM platform won’t be able to launch its operations and develop its chain of blocks and supply the secure services. Therefore, and before exploit ODEMT, any user ought to rigorously examine the risks, prices and advantages of exploit ODEMT below the Crowdsale and, if necessary, acquire freelance recommendation during this regard. Any interested one that is unable to just accept or perceive the risks related to the activity (including the risks related to the non-development of the ODEM platform) or the other risk as explicit within the terms and Conditions of the Crowdsale shouldn’t acquire ODEMTs.
⚡ Odem platform ⚡
In the case of the ODEM platform, the use of the public Ethereum network ensures that the system is secure, such as access to the platform and the periodic hashes of the state of the platform entity being transmitted in the public network. At the moment, the practicability of the ODEM token is considered to be complicated enough to allow the team to appreciate the EVM of Alan Turing Complete versus Stellar for the public token in general. However, the use of the Ethereum network is not kept to a minimum in order to avoid the excessive transaction prices in ODEM.
In the ODEM platform, Ethereum can ensure, especially with good agreements, that the “service area” area is very “unsafe”. “Uncertain” does not mean they can not be sure, but the need to trust each other is not necessary. In a proper manner, this means that a student must buy services from service providers who are on the other side of the world without meeting them, even if they do not know if they are honestly a service provider or not. The payment service of the ODEM platform is created with inherent cryptocurrency, associated with the ERC-20 icon, especially the ODEM icon (ODEMT). This feature makes it a typical splitter that also makes low-cost transactions valuable such as fast and safe trading money on the platform. Within the ODEM platform, suppliers are encouraged to link the forum with free initials derived from Token Rewards Token Distribution. When service providers have signed up and create profiles, they must follow the taxpayer’s tariffs.
-Total Tokens: 396,969,697 Tokens to be sold via the
-Token sale: 238,200,000
-Type: ERC20 of Ethereum blockchain
-Accepted cryptocurrency: Eth
-AML/KYC requirement to participate in the Token sale: Yes
-Start date: Dec. 10, 2017
-End date: Dec. 31, 2017
-Price per ODEM (pre Token sale) for 58,200,000 ODEMT: €0.0375
-Minimum buying limit: 200,000 ODEMT
-Start date: Feb. 17, 2018
-End date: Mar. 19, 2018
-Price per ODEM (Token sale) for 180,000,000: €0.05 (equivalent price in Ether —will be updated 24 hours before the Token sale)
-Maximum buying limit 2,000,000 ODEMT tokens for first hour
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