Cryptocurrency attributes
Other attributes
What Is ODIN Protocol (ODIN)?
ODIN is more than just a decentralized ecosystem and an oracle. It not only provides its partners with off-chain to on-chain, real-world data in cases like DeFi, betting, forecasting apps or NFT, it also governs the “$GeoDB” data flow from the very same ecosystem by applying the dPoS consensus, incentivizing its participants to actively contribute and keep the network in a constant high quality, always self-improving state.
Open Data Interoperable Network
ODIN is a decentralized system designed to build a data oracle network based on an open protocol for interaction between participants and a sustainable economy.
In addition to organizing the data oracle network, ODIN involves building a decentralized peer-to-peer data sharing and trading ecosystem for delivering real-world data to onchain for various use cases such as DeFi, betting, forecasting apps, or NFT.
Our Partners
ODIN Token
ODIN will use ODIN native token for its own network as an incentive for validators to produce new blocks and submit responses to data requests.
Token Distribution
DAO Treasury - 25% (ODIN tokens allocated to ODIN Treasury are not taking part in System Governance)
Company & Founding team - 20% (6 months lockup and 36 months vesting)
Ecosystem & marketing - 6% (to be used for the ecosystem growth and is a subject for 36 months vesting)
Data providers pool - 2% (can be used as an exchange pool in the future when other currencies beside ODIN are accepted as a payment for data)
Strategic funding Rounds - 17% (subject to lockup and minimum 36 months of vesting)
Current circulating supply - 17%
Community Development Funds - 13% (to be used for the community growth and is a subject for 36 months vesting)
Architecture
Tokenomics
Binary token system to be implemented for the ODIN project.
First ODIN token should secure the network, to be a means of payment for Data consumers and take part in the System Governance. The Data Provider token will be the means of payment for them.
ODIN Use Cases
user-data
Streaming of anonymized user-generated data
Such as location, health, consumption, mobile data & others from off-chain applications to onchain smart
DeFi applications need to be fed with real-world data
Such as off-chain trading platforms, prices, forecasts, statistics, and various analytics.
Betting dapps can be fed with data
From the real world to bring more decentralization & fairness to the betting sector.
Dynamic NFT
Allowing to update data records within NFT from real-world data
Roadmap
60+ Validators
ODIN is a part of COSMOS ecosystem & has been recognized by major community & Professional Node Operators.
Few of our validators
Imperator
Lavender Five
B-Harvest
CryptoCrew
Smart Nodes
Enigma
Blockngine
☉ Mercury
Posthuman
POSTHUMAN∞DVS
Secretnodes
Rhino
WhisperNode
Chill Validation
0Base
