Nodle, a decentralized community on Polkadot that gives safe, low-cost connectivity and information liquidity to attach billions of units worldwide, introduced immediately it has reached half 1,000,000 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 data. Bringing web3 to the bodily world, Nodle leverages smartphones to learn sensors and units that exist materially.

The placement of the system is just used to compute rewards based mostly on contribution to community protection and to find Bluetooth units on the request of their homeowners. 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 cellular units, as many web3 firms have but to develop and launch a local app. In time, this will probably be like an organization going to market with out a web site — virtually unthinkable immediately.”
– The Nodle Staff

Nodle Chain 

Nodle is powered by cell phones that earn NODL for offering community availability and connectivity. Customers join and safe bodily property, monitor misplaced or beneficial gadgets, seize sensor information, authenticate safety certificates, and extra. This information gives insights for shopper electronics producers, enterprises, sensible cities, the finance trade, and extra.

For extra data on the Nodle financial system, see Nodle’s tokenomics documentation.