The ODEM Token acts as a fuel for the ODEM Platform and its smart contracts that manage relations between students, educators, and service providers. Among essential ODEM Token functions are:
- Securing educators, service providers, and students commitments to academic programs through the staking process.
- Generating blockchain-based academic certificates.
- Serving as an incentive to educators (rewarding them for creating high-quality content) and to students for progress in a course.
- Streamlined payment process for service providers and educators to receive funds quickly.