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.
Odeum Token Utility
ODEUM is the native token for the Odeum platform. It facilitates tipping, staking, igniting, advertising and unlocks premium subscriptions.
Content creators receive 80% of all tips sent in Odeum tokens, a much better balance compared to other platforms which take upward of ~45%.
Odeum tokens offer an accessible way for users to stake their tokens and earn a 10% proportionally split share of gratuities, determined by their active involvement in the process.
The team will incentivise content creators from token reserves and transact them through the tipping system. Content creators and staking participants will benefit.
Elevate your brand by obtaining prime advertising space on our homepage through the procurement of Odeum tokens.
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.
You can subscribe to your favourite content creators to show them support and gain access to exclusive member-only benefits using Odeum tokens.