Staking is when a student makes a commitment to enroll in a program offered on the ODEM Platform. The student will typically stake, or deposit, about 10 percent of the full price of the program. Staking helps the Platform assess demand and discourages students from frivolously signing up for programs. If a student stakes a program and later backs out, the stake will be forfeited. Educators are also required to stake their intention to offer an ODEM program.
Articles in this section
- What are your Platform’s use cases?
- What are ODEM’s use cases based upon?
- What is Educational Program Staking (EPS)?
- What is the Education Activity Repository (EAR)?
- What is Identity Through Education (ITE)?
- What is Education Certification Viewing (ECV)?
- What is a Perpetual Curriculum Royalty (PCR)?
- What is Program Revenue Sharing (PRS)?
- What are Education Token Sponsorships (ETS)?
- What is Independent Credentialing Verification (ICV)?