About ODEUM
Odeum is a trailblazing force in music streaming,
podcasting, and audiobooks, reshaping the industry with
transparency and direct connections. Our innovative
revenue-sharing methods ensure fair compensation for
creators, while features like Ignite, Fan Clubs, and
Subscriptions deepen community engagement. Odeum welcomes
newcomers and veterans alike, offering recognition and
rewards from day one. Powered by blockchain, it represents
a movement where creativity and collaboration reign
supreme, promising a future where passion is rewarded as
the industry evolves.
With every fan donation to content creators, 80% of the
transaction goes to the content creators, the remaining
20% is split as follows; 1% is burnt forever thus reducing
the overall supply (deflationary), 15% is split proportionally between
stakers, and 4% is added to the developer fund to ensure
continued innovation, development and maintenance of the
system. Diversify your income and let it grow with the
platform.
Harness the full potential of Odeum's token ( $ODEUM ) within our
dynamic ecosystem. The token, a cryptocurrency, empowers
immediate earnings through direct tipping, avoiding
intermediaries and delays.
Moreover, 15% of each tip contributes to a collective
staking pool, where your token holdings have a direct
impact, fostering equity and participation. Our
groundbreaking 'Ignite' feature leverages your tokens to
amplify the visibility of your favorite content creators,
free from algorithmic manipulation. What's more, tokens
from a dedicated wallet incentivize artist onboarding and
generously reward content creators, solidifying their
commitment to our platform. This versatile token isn't
limited to tipping alone; it also opens doors to premium
advertising opportunities on our homepage and facilitates
seamless content subscriptions, enhancing the engagement
and possibilities within the Odeum community.
Every gratuity transacted within the Odeum ecosystem is
subject to a token burn. Over time the circulating supply
of the tokens will be reduced. This mechanism ensures that
every participant in the ecosystem is rewarded.
At Odeum, our revenue-sharing process is designed to
champion fairness and transparency for all participants. Through innovative mechanisms, a significant
percentage of revenue generated from user subscriptions,
tips, and advertising directly benefits content creators.
We ensure that compensation is proportional to their
contributions, giving them the recognition and financial
rewards they deserve. Our commitment to fairness extends
to newcomers and industry veterans alike, nurturing talent
and fostering a creative environment where every voice has
the opportunity to thrive. Blockchain technology underpins
this process, ensuring seamless and secure transactions,
ultimately creating a community where passion and
collaboration are celebrated and appropriately compensated.
Tokenomics
Token name: ODEUM
65% is held by the Community
Odeum Token Utility
ODEUMÂ is the native token for the Odeum platform. It facilitates tipping, staking, igniting, advertising and unlocks premium subscriptions.
Tipping
Content creators receive 80% of all tips sent in Odeum tokens, a much better balance compared to other platforms which take upward of ~45%.
Staking
Odeum tokens offer an accessible way for users to stake their tokens and earn a 15% proportionally split share of gratuities, determined by their active involvement in the process.
Incentives
The team will incentivise content creators from token reserves
and transact them through the tipping system. Content
creators and staking participants will benefit.
Premium Advertising
Elevate your brand by obtaining prime advertising space on
our homepage through the procurement of Odeum tokens.
Ignite
The Odeum token is used by the community to grant content exposure. Tokens can be allocated to content they want to
see trending (no tokens are spent), ensuring organic trends
on the platform and giving the community the power to
control what they see.
Subscriptions
You can subscribe to your favourite content creators to show them support and gain access to exclusive member-only benefits using Odeum tokens.