Nodle, a decentralized network 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 undertaking nearer to the mission of empowering individuals to construct the primary smartphone-powered decentralized community.
Having a mobile-first strategy reduces the barrier to entry for customers and permits anybody to shortly be a part of the community as an antenna or “node” with no extra tools or prior data. Bringing web3 to the bodily world, Nodle leverages smartphones to learn sensors and units that exist materially.
The situation of the machine is simply used to compute rewards primarily based 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 a 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 by way of blockchain and cell units, as many web3 firms have but to develop and launch a local app. In time, this will likely be like an organization going to market and not using a web site — virtually unthinkable immediately.”
– The Nodle Team
Nodle is powered by cell phones that earn NODL for offering community availability and connectivity. Customers join and safe bodily property, observe misplaced or useful gadgets, seize sensor information, authenticate safety certificates, and extra. This information gives insights for client electronics producers, enterprises, good cities, the finance trade, and extra.
For extra info on the Nodle economic system, see Nodle’s tokenomics documentation.