Nodle Network
Current price
$0.0002651
+1.03%24h
LiveUpdated 26s ago
TodayNodle Network edges up 1.0%, while the market falls.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour+0.57%
- 24 hours+1.03%
- 7 days+1.59%
- 30 days−12.70%
- 1 year+40.74%
Nodle Network's move in context
Beating the market today
+1.03% today against −3.26% for the market as a whole, a gap of 4.3 points. A gap this wide suggests something specific to Nodle Network may be moving it, not just the market mood.
Trend has turned
+1.6% over 7 days and −12.7% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Nodle Network
Overview
Nodle Network is a decentralized, wireless network that connects Internet of Things (IoT) devices to the Internet while allowing users to earn cryptocurrency rewards in the process. Its core mission is to create an infrastructure for the rapidly growing IoT ecosystem, facilitating communication for billions of devices seamlessly and securely. Unlike traditional networks, Nodle leverages the power of smartphones as nodes, using their Bluetooth capabilities to gather and relay information. One of its distinguishing features is its low-cost setup, allowing users to monetize their devices while contributing to the network's growth and security.
Technical Features
Nodle Network employs a unique consensus mechanism known as Proof of Connectivity (PoC), which focuses on validating devices' connectivity rather than traditional transactions found in cryptocurrencies like Bitcoin. This enhances the network's efficiency and reduces energy consumption. The security model is anchored in decentralized architecture, ensuring that no single entity can control the network, thus mitigating risks associated with centralization. Additionally, Nodle leverages advanced cryptographic methods to ensure data privacy and integrity. The combination of these technical features allows Nodle to scale effectively while ensuring reliable communication for IoT devices.
Use Cases
Primarily, Nodle Network targets the needs of the IoT industry, providing a robust framework for real-time data transmission without reliance on cellular or traditional Wi-Fi networks. Its use cases range from asset tracking, environmental monitoring, and smart city applications to more advanced functionalities that integrate with decentralized finance (DeFi) protocols and NFT marketplaces. As a low-bandwidth solution, it enables cost-effective deployment for IoT devices, facilitating applications such as remote health monitoring, supply chain logistics, and advertising targeted through location data.
Development Background
Nodle Network was founded in 2017 by a team of experienced developers and entrepreneurs who recognized the growing demand for IoT connectivity solutions. The development was supported by Nodle's founding company, Nodle, Inc., which has been instrumental in shaping the network's vision and technology. The project gained traction through various funding rounds and strategic partnerships, leading to significant milestones such as the launch of the Nodle Cash cryptocurrency and the establishment of a vibrant developer ecosystem. Since its inception, the network has evolved, incorporating feedback from users and developers to enhance its functionality.
Community and Ecosystem
The Nodle ecosystem thrives on its community of developers, users, and entrepreneurs who contribute to its growth. Engagement is fostered through various programs, including developer grants and community events aimed at promoting innovative applications on the network. Partnerships with IoT device manufacturers and service providers bolster the network's adoption, creating a symbiotic relationship that benefits all participants. Current applications include location-based services, smart city initiatives, and a variety of IoT-based solutions that leverage Nodle's infrastructure for improved efficiency.
Future Potential
Nodle Network holds substantial future potential as it seeks to expand its infrastructure and user base. With the increasing demand for Internet connectivity among IoT devices, Nodle's unique value proposition stands to gain more traction. Upcoming developments, such as enhancements in the network’s scalability and potential integrations with blockchain platforms for DeFi applications, will likely increase its utility and adoption rates. As the IoT market continues to expand, Nodle's innovative approach could position it as a leader in the decentralized connectivity space, ensuring wide-ranging applications and industry partnerships that leverage its technology.
Nodle Network market
- Position by market cap among the coins we track.
- #409
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $281.81K
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.0002539High $0.0002652
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.0200
- Now 1% of itReached 26 Aug 2022 · Needs +7,452% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 1.06B NODL
- 5% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 8.6B NODL
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 21B NODL
- The most coins that can ever exist. Some coins have no limit.
Nodle Network converter
1 Nodle Network = $0.0002651
