ODEM (ODE) API and Price Oracle



For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
Blockchain network where the asset is deployed
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
Volume 24h
Trades 24h
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Token information

What is ODEM (ODE)?

ODEM (ODE) is an Ethereum-based decentralized education marketplace that connects students and educators. Founded in 2016 by Richard Maaghul, the company aims to make education accessible and affordable by eliminating intermediaries and providing direct access to high-quality courses. The name "ODEM" is an acronym for "On-Demand Education Marketplace." With its blockchain-based platform, ODEM seeks to revolutionize the education industry and empower learners worldwide.

How does ODEM work?

ODEM (On-Demand Education Marketplace) is a blockchain-based platform that aims to revolutionize the global education industry. It utilizes blockchain technology to provide a decentralized, transparent, and secure platform for connecting students and educators.

ODEM operates on the Ethereum blockchain, which is known for its smart contract functionality. Smart contracts are self-executing contracts that automatically enforce the terms and conditions agreed upon by the participants. In the case of ODEM, smart contracts are utilized to facilitate and automate various processes involved in education.

The functioning of ODEM can be summarized in three main steps. First, students and educators create profiles on the platform, which showcase their respective skills, qualifications, and interests. Next, students can browse through the available course offerings and choose the ones that best suit their needs. They can also negotiate the terms and conditions directly with educators, such as scheduling, pricing, and course content.

Once the terms are agreed upon, a smart contract is created to formalize the agreement between the student and educator. This smart contract ensures that both parties fulfill their obligations. It also ensures that funds are securely held in escrow until the agreed-upon milestones are reached or the course is completed.

ODEM's underlying blockchain technology provides several benefits. It enables secure and transparent transactions, as all interactions are recorded on the blockchain and cannot be altered. It also eliminates the need for intermediaries, such as traditional educational institutions or agencies, reducing costs and increasing accessibility for both students and educators. Additionally, the use of smart contracts automates many administrative tasks, saving time and improving efficiency.

In conclusion, ODEM leverages blockchain technology, specifically the Ethereum blockchain, to create a decentralized marketplace for education. By utilizing smart contracts, ODEM streamlines the process of connecting students and educators, ensuring transparency, security, and efficiency in the exchange of educational services.

What are the benefits of ODEM?

ODEM, an innovative blockchain-based platform, offers several benefits that set it apart from its direct competitors. One of the key advantages of ODEM is its ability to facilitate direct peer-to-peer interaction between educators and learners. By leveraging blockchain technology, ODEM eliminates the need for intermediaries such as educational institutions, enabling cost savings and more personalized learning experiences.

Compared to traditional online learning platforms, ODEM provides greater transparency and credibility through its use of blockchain oracles. These oracles ensure that the credentials and qualifications of educators are verified and immutable, instilling trust in the educational ecosystem. This is a notable advantage over some of its competitors that may rely on subjective or unreliable verification methods.

Additionally, ODEM's blockchain-based platform promotes the secure and efficient exchange of payments by leveraging smart contracts. This eliminates the need for traditional banking systems, reducing transaction costs and increasing the speed of payments for both educators and learners. Direct competitors may lack this level of security and efficiency in their payment systems, making ODEM a more attractive option for users seeking a seamless and reliable learning experience.

Furthermore, ODEM stands out by offering a decentralized marketplace for learning programs and courses. This decentralized approach allows educators to retain full control over their offerings, ensuring they can set fair prices and determine the terms of their engagements. Other competitors may have centralized platforms that impose restrictions on pricing and content, limiting the flexibility and autonomy of educators.

In conclusion, ODEM's unique features, including direct peer-to-peer interaction, blockchain-based verification, secure payment processing, and decentralized marketplace, provide significant advantages over its direct competitors. These benefits empower learners and educators with greater control, transparency, and efficiency within the educational space.

What is ODEM used for?

ODEM, which stands for On-Demand Education Marketplace, is a blockchain-based platform that aims to revolutionize the education sector. It is primarily used for connecting students and educators directly, removing the need for intermediaries such as traditional educational institutions.

Common cases where ODEM is used include:

1. Skill-based learning: ODEM enables individuals to acquire specific skills or knowledge that are in demand in the job market. Students can access a wide range of courses offered by qualified educators from around the world.

2. Customized education: ODEM allows students to personalize their learning experience by selecting the courses and instructors that best align with their interests and learning goals. This flexibility enables learners to acquire knowledge in a way that suits their individual needs.

One specific case in which ODEM has been utilized is in vocational training programs. Traditionally, vocational training has been limited by geographical boundaries and lack of accessibility. However, ODEM's platform has enabled individuals to access vocational education remotely and connect with industry experts regardless of their location. This has opened up opportunities for individuals who may not have otherwise had access to specific vocational training programs.

In conclusion, ODEM is a blockchain-based platform that empowers students and educators by facilitating direct connections and eliminating intermediaries in the education sector. The platform offers opportunities for skill-based learning and personalized education, with vocational training being one specific case where ODEM has made a significant impact.

What is DIA's ODEM API?

DIA's ODEM API is a powerful tool that provides real-time price feeds for various crypto assets. These price feeds are constructed using raw data from over 85 on-chain and off-chain cryptocurrency and NFT exchanges, ensuring accurate and reliable information. Unlike other web3 data providers, DIA's API endpoints offer an extensive range of data sources, making them more comprehensive and valuable.

DIA offers both free API endpoints for developers to test and fully customizable custom feeds. The free API endpoints are standardized and available on the asset's detail page in the DIA App. They are primarily intended for informational purposes and offer a simple way for developers to experiment and familiarize themselves with the data.

However, DIA's custom API feeds are the real highlight. These feeds can be tailored according to specific requirements, including sources, methodologies, and update mechanisms. Users can request a custom feed by reaching out to DIA through Discord or Telegram. The ability to customize the feed allows for more flexibility and enables users to obtain highly targeted and specific data.

The use cases for DIA's API are vast and varied within the blockchain ecosystem. In the realm of DeFi, the API's price information can be utilized in derivative markets, lending and borrowing platforms, collateralized stablecoins, synthetic asset issuance, and money markets, among others. Additionally, in the NFTfi space, the API can support peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, and NFT fractionalization, opening up new possibilities for innovation and growth.

In summary, DIA's ODEM API offers a comprehensive range of price feeds for crypto assets. While free API endpoints are available for testing and informational purposes, the custom feeds are the real highlight, providing users with the ability to tailor the data to their specific needs. With its extensive data sources and customizable options, DIA's ODEM API is a valuable resource for developers and businesses in the blockchain ecosystem.

What is DIA's ODEM price oracle?

DIA's ODEM price oracle is a smart contract that offers real-time price feeds for cryptocurrencies and other digital assets. Integrated with over 35 layer 1 and layer 2 networks, DIA can deploy price oracles across various blockchains. These price feeds are constructed using raw data from more than 85 on-chain and off-chain exchanges, providing comprehensive and accurate information.

While DIA provides free demo oracles for developers to test, these are solely intended for testing purposes and cannot be integrated into production applications. However, DIA offers custom configuration options for users who require tailored price feeds. These custom price oracle data feeds can be customized based on sources, methodologies, update mechanisms, and more. To request a custom feed, users can reach out to DIA through Discord or Telegram.

DIA's price oracles have a wide range of use cases within the blockchain ecosystem. For instance, they can be utilized in DeFi applications such as derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, and money markets. Additionally, in the realm of NFTfi applications, DIA's oracles enable peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and more.

A blockchain oracle, in general, refers to an external information provider that supplies verified data from outside the blockchain to smart contracts. Oracles play a crucial role in connecting decentralized applications with real-world data, enabling them to function effectively and autonomously.

Why use DIA's ODE API & price oracle?

DIA's ODE API and ODE Price Oracle offer a range of benefits for users in the blockchain ecosystem. These tools provide access to accurate and reliable price data for cryptocurrencies and NFTs. One of the main advantages of utilizing DIA's API or Price Oracle is the high level of customization available.

With DIA's technology, users can tailor each oracle and API endpoint to meet the specific needs of their decentralized applications. This includes configuring data sources, applying data cleaning filters, selecting pricing methodologies, and determining update mechanisms and frequency. This flexibility ensures that the data and oracle remain robust and resilient, while also providing global and individual or cross-chain market prices.

Transparency is another major benefit of using DIA's API and Oracle feeds. The platform offers full and granular transparency throughout the entire data journey. Users can also leverage DIA's tracking and monitoring tools to closely monitor the performance of the oracle and API feeds.

Overall, DIA's ODE API and ODE Price Oracle provide users with accurate, customizable, and transparent price data for cryptocurrencies and NFTs. These tools offer a tailored solution for each user's unique requirements and help ensure the resilience and robustness of the data and oracle feeds.

Why use DIA data feeds and oracles?

DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.