ODEM has developed its NFT and royalty-based model to capture attributes from various user assets and make them available as an Algorand-based NFT. Some of these assets are also eligible for royalty.
Here is an overview of the various NFT models currently featured on ODEM and their functionality.
|
NFT Asset |
Description |
Royalty |
|
ODEM Credential
|
An ODEM curriculum credential can be issued for any credential issued on the ODEM platform. This can include a certificate for completing a course or program on ODEM, diplomas or other educational certificates issued directly by a verifier from inside the EO portal. |
Royalties are received based on platform revenue that involves sharing of verified credentials.
|
|
ODEM Curriculum
|
This will be different in that the issuer of the NFT is also the owner of it. The curriculum will be created as a fractionalized NFT so issuers can sell or trade part of it to other interested partners. |
Through ODEM’s Perpetual Curriculum Royalty (PCR) model, educators receive a royalty when programs are offered for revenue by other educators and EOs. |
|
ODEM Educational or Work Verification |
Similarly to credential NFTs, the verification issuer grants education and work verification NFTs. |
Royalties are received based on platform revenue that involves sharing of verified credentials. |
|
ODEM Work Product
|
Work verification NFTs allow users to request and receive verification of work products such as technology, websites, apps and other identifiable work achievements. |
Royalties are received based on platform revenue that involves sharing of verified credentials. |