Nodle, a decentralized community on Polkadot that gives safe, low-cost connectivity and knowledge liquidity to attach billions of units worldwide, introduced at this time it has reached half one million token holders (per Subscan, as of August 1, 2022), bringing the mission nearer to the mission of empowering folks to construct the primary smartphone-powered decentralized community.
Having a mobile-first method reduces the barrier to entry for customers and permits anybody to shortly be part of the community as an antenna or “node” with no extra gear or prior information. Bringing web3 to the bodily world, Nodle leverages smartphones to learn sensors and units that exist materially.
The placement of the system is simply used to compute rewards based mostly on contribution to community protection and to find Bluetooth units on the request of their house owners. The “nodes” (smartphones) are rewarded for offering community availability and connectivity. Constructing an ecosystem anybody can be part of with a useful resource they already personal (their smartphones) is the important thing to Nodle’s dedication to inclusion and accessibility.
“The Nodle Community is experiencing a first-mover benefit when it comes to blockchain and cell units, as many web3 firms have but to develop and launch a local app. In time, this can be like an organization going to market with out a web site — virtually unthinkable at this time.”– The Nodle Workforce
Nodle Chain
Nodle is powered by cell phones that earn NODL for offering community availability and connectivity. Customers join and safe bodily belongings, observe misplaced or beneficial gadgets, seize sensor knowledge, authenticate safety certificates, and extra. This knowledge offers insights for client electronics producers, enterprises, good cities, the finance business, and extra. Since its founding in 2017, Nodle has change into one of many largest wi-fi networks by the variety of base stations.
For extra data on the Nodle economic system, see Nodle’s tokenomics documentation.
