The term "Olympiade" refers to a period of four years between the Olympic Games, which are international multi-sport events. The modern Olympic Games, inspired by the ancient Olympic Games held in Greece, feature athletes from around the world competing in various sports. The first modern Olympics took place in Athens in 1896. Each Olympiade is marked by the celebration of athletic excellence and cultural exchange. The International Olympic Committee (IOC) oversees the organization of the Games, ensuring that they promote values such as friendship, respect, and excellence. The next Olympiade will culminate in the Summer or Winter Olympics, depending on the year.