Nodle Network NODL
1. Summary
- Price
-
$0.003163020000 -6.7%
- Market Cap
- $12.17M (#1594)
- Supply
- 3.88B / 8.75B
- Description
-
Nodle Network
Nodle Network
The Nodle Network is a decentralized network based on the existing global smartphone infrastructure. It connects the physical world to Web3 by utilizing smartphones as edge nodes that read devices and sensors via Bluetooth Low Energy (BLE). The network provides geolocation-based layer one services and encourages real-time asset tracking through its incentivizing model. Anyone with a smartphone can join the network by providing BLE connectivity and receive Nodle Cash (NODL) tokens as rewards. The network’s architecture and system design are developed around the concept of smartphone infrastructure, utilizing smartphones as nodes and base stations. The tokens can also be used for staking and validating transactions.
Key Features
- Connectivity and Services: Nodle provides delay-tolerant connectivity and services for IoT devices. It leverages the existing global smartphone network and can support various wireless protocols, such as Wi-Fi and CBRS.
- Incentivizing Model: Proof of Connectivity: Participants provide resources such as wireless radio and bandwidth and receive rewards based on connectivity and availability.
- Token Mechanism: Nodle Cash (NODL): The native token of the Nodle Network, issued to encourage participation in providing connectivity services and incentivizing users to maintain network stability.
- Security and Interoperability: Nodle emphasizes the protection of beacons identity and plans to integrate advanced cryptography, ensuring a secure and decentralized network across the Polkadot ecosystem.
Network Operations
- Node Participation: Smartphone owners participate by running a connectivity infrastructure. Nodes are rewarded based on availability and physical exploration, ensuring reliable network coverage.
- Reward Distribution: Nodle Cash is distributed proportionally to each participant's uptime and contributions to network coverage.
Goals and Partnerships
- Mission: To connect the next trillion things to the Internet securely and with low cost.
- Partnerships: Collaborations with companies like Cisco Meraki, telcos, and asset-tracking tag companies for expanding IoT services and ensuring secure data transactions.
Network Status
- Daily Active Nodes: Currently, the network includes over 5 million active smartphones, discovering approximately 30 million IoT devices daily and transferring over 100 GB of data.
Price | |
52W High price | $0.01 |
52W High date | 12th Mar 2024 (9 months ago) |
All Time High (ATH) Date | 26th Aug 2022 (2 years ago) |
ATH Price | $0.02 |
% From ATH | -80.08% |
All Time Low (ATL) Date | 22nd Sep 2024 (3 months ago) |
ATL Price | $0.001849680000 |
% From ATL | 115.63% |
Supply & Trading Volume | |
Trading Volume (24h) | $37,405.00 |
Total Supply | 8.75B |
Max Supply | 21.00B |
Circulating Supply | 3.88B |
NODL
How does Nodle Network's (NODL) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
106.8%
NODL
28.6%
Similar Market Cap
60 Day Return
86.7%
NODL
0.6%
Similar Market Cap
1 Year Return
13.3%
NODL
75.2%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
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Active Reddit Users (past 24h) | |
Discord users | |
Active Discord Users | |
Telegram Users | 16,429 |
Twitter followers | 60,935 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://www.nodle.com/ |
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Explorer | https://nodle.subscan.io/ |
@NodleNetwork |
What is the correct contract address for Nodle Network?
Zksync | 0xbd4372e44c5ee654dd838304006e1f0f69983154 |
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Has Nodle Network been audited for security?
No security audits found for this project.
Are you the owner of Nodle Network? Edit it here
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