Nodle Official Community AMA / Q&A w/ Co-Founders Micha Benoliel & Garrett Kinsman

TL;DR Highlights:

  • The team is working with a provider of 4G / 5G solutions to provide more people access to LTE cellular. [Announcement coming soon] (skip to :40)
  • Addressing the recent unexpected boost in rewards and what transpired (skip to 1:40)
  • Nodle vs. Helium (skip to 4:52)
  • Nodle will announce a partnership with sensor providers where Nodle Cash users will be notified if they’re in proximity to the sensor, and the NODL reward will be higher than for other traditional sensors. (skip to 31:18)
  • The NEW Nodle Cash app—a first look at the UI is expected later this month—will re-introduce MISSIONS by September, where a user is prompted to do something and gets rewarded for it in Nodle Cash. (skip to 39:09)
  • Hear latest on our goal of securing a Polkadot Parachain slot (skip to 47:44)
  • Micha hints at a partnership announcement with Ledger, the hardware wallet (skip to 1:02:17)
  • Nodle is HIRING. We plan to reach approximately 45 employees in the next two months. If you know someone who likes scaling infrastructure and believes in user privacy, we’re offering 100 NODL per qualified candidate referral + 10,000 NODL for a successful hire. Those interested can send their CV to people@nodle.co or and/or visit our Current Job Openings. Please make sure your name gets mentioned in the application process to receive credit.

Nodle AMA Transcription

0:00 (already in progress) Micha Benoliel (MB), CEO/Co-Founder, Nodle
“…Into our apps and that’s how everything started with Nodle.

So it’s something that we are here for the long term, we really want to arrive at the point that will bring connectivity for free to people. And we think we have the formula for that.

And that’s also thanks to you and the whole community because without you and without the community, we wouldn’t be able to achieve that. I will let Garrett go into the specifics about the competitive advantages, but I think we have many. Garrett.

Nodle is the most efficient network in the world from the movement of data in terms of energy in terms of low cost.

So we think that’s massively important and interesting.

So we’re not going to sell a competitor information about another company’s device. That’s just wrong. You have to own your device. And we’re migrating to a space where you have to actually be able to cryptographically prove it. So we’re deploying cryptographic implementations on the IoT device that require you, to prove that you’re the owner of this device. And that’s part of the proof of connectivity. So we respect user privacy, we want to be encrypting IoT traffic at the edge. And so that’s really the core of our beliefs.

Now, we’re also experimenting with what can be done with these massive data sets. So what if you can allow a logistics provider to connect their data to a pallet tracking company? And connect that to maybe an eCommerce company? We think that these network effects between data sources will actually build more value than potentially any other company has generated. You know, Google today is just in the digital world. Nodle is a wireless network, but it’s also essentially a search engine into the physical world. And we’re still grasping what that means or what could be capable with that. But we’re also trying to take a very slow, methodical approach and say, how do we build something that can be extremely valuable, but also do it well, protecting user privacy, because, in the end, we have to make sure this is where we want to live in.

In terms of people that we’re actually working with, we’re in deep discussions with shipping pallet companies. People want to connect shipping pallets, but they can’t because it’s too expensive to use a SIM card. And Bluetooth is really that perfect price point. We’re doing things like the tracking of stolen vehicles. You can basically cover a car with Bluetooth tags and if that gets stolen, or even parts get taken off that car, it’ll show up on our network. We can find that.

So those are some of the use cases that we’re focusing on right now. Micha, I don’t know if you had any other ones that you wanted to add, but just really in the asset tracking space, how we can secure protect user privacy and then enable all kinds of interesting use cases.

We’re just going to be walking through this giant networked computer world. And if Nodle doesn’t succeed, we’re going to see the big tech companies of the world build this stuff. And that might not be a world you want to live in. So we’re very confident that if there’s going to be a trillion things that have to be decentralized, has to be secure. And we have to have these, these privacy protocols built-in natively to it.

If you look at the laws in California, there’s no right there’s zero regulation on what can be collected by an autonomous vehicle. So every time these things go by, they’re mapping license plates, they’re mapping faces. There’s basically no regulation because it’s a public space. And so imagine that times a trillion. What does that mean for the world? So we think that privacy and decentralization are, are going to be essential. Let’s take the next question if that’s okay, Micha. Why don’t we take some “Hands Up”, take some questions from the audience?

We have a lot of companies that use it [our smart asset API] already that used it in the past and will use it in the future for locating items. And they are pretty big players. People who build shipping pallets and the number of units in the shipping parts industry is in billions of units a year. People like rapid couriers who ship every day, millions of packages of mail, who want to use the network. These are just using some of the applications we built ourselves. What we want is the community of app developers to develop applications directly on our network and our ecosystem and be the one being paid by the community, I mean by the people who purchase the service to build these services.

When it comes to that, there are different kinds of services we can add too. And we have defined in the white paper, just only 20, but we actually think it’s hundreds of applications that can be built on the network. And maybe I will let Garrett mentioned a few of them to provide more details on what we just said. But we think that actually, the app developers at some point, with the new applications that can run on their own will be the ones driving more and more demand for the network. And to come back to your point. Yes, for people to access these services they need to pay in Nodle Cash. They need to use Nodle Cash.

But before we want to get there, we want to start to accept validator nodes, basically to start really decentralizing the infrastructure to another level. And after that, yes, the next step will be to provide more transparency on the formula, and also to have the community participate, and have the community vote also sometimes on basically the directions we are taking in, in how the formula is going to evolve.

So 100% agree, I’m in agreement with you on this. We hope we can get there yesterday, I would say. But it takes time.

I think we will maybe share a few screens of the new app in the community before it gets released to tease everyone and to show that we are progressing. But the new app will be introducing Missions actually for the first new users who will come in. Basically, they will be asked to do something and be rewarded for it.

39:46 GK
Yeah. Another question was, “In the future, can we expect a Nodle-dedicated device like Helium or something like that?” The honest answer is I would love to build something like that. The also honest answer is that building hardware kills. We build our own custom hardware for contact tracing during COVID. And actually trying to build hardware in America is just a big ol’ mess. We’re actually probably 20 or 30 years behind Asia in that regard. So, yes, it’s something we’d love to do. It doesn’t make any economic sense right now. And we think that we want to get really good at supporting things like phones and Tesla’s and all kinds of other existing hardware because that’s really our way that we can scale before building a dedicated device.

So one thing that we’re very clear about is we do not sell raw data. We’ve had lots of people offer. I’m sure you guys have heard of all the fun stories of shady data resellers? It’s really more crazy than the movies. And so no, we wouldn’t provide raw data access. We are looking at how can we provide insights? How can we actually provide a search query on top of our network?

Because a lot of Bluetooth devices, follow a Bluetooth language, which is called GATT. And so a lot of devices, actually billions of devices all broadcast, their temperature, their battery level. I can actually go into our network, we can search battery level, hit “Enter,” and the battery level of millions of devices is returned back to us. So this idea of what is a searchable wireless network? What does it mean? What is what can you do with that? I don’t know yet. So we’re looking right now really the privacy implications of this. Also, the infrastructural challenges that querying, you know, hundreds of gigabytes daily, can mean. And also, you know, what, what can we learn? And how can basically, the owners of these IoT devices actually get rewarded by offering up some of these things?

So as Micha mentioned, we’re going to start to explore some of these ideas by allowing people to buy devices, buy Bluetooth devices that actually collect data, and get rewarded more for that data. So you are an owner of an IoT device. It’s generating maybe temperature or humidity, and you get paid for that. So we’re starting to experiment with some of these things. Right now. And we’ll probably open that up once we’ve really solved some of those privacy challenges.

So, Daren, I don’t know if you have any other good ones. I’m also going through the document to see if we have any stuff that stands out. We have RS, that wants to speak. So I’m going to unmute RS. And Hans if you have more questions, feel free to type them in the chat. We can answer them there. So RS, you are on the air.

We are confident we will get a slot because we have pretty strong partners who we are working with already like Republic for example, who now works also more closely with companies like Galaxy Digital, and they are working on projects that will help projects like us attract more people to be able to stake their $DOTS to help us have a Parachain slot. So we are building these partnerships. We also have [our own] $DOTS that we’re going to contribute for the securing of the Parachain slot.

What is important is we also don’t want to have this slot, basically reaching crazy, crazy amounts. I think it has to be reasonable. And to answer your question, yeah, if we don’t secure a Parachain, which I don’t think because we were one of the first two mainnets on Polkadot. So I think it would be logical that we become one of the top ecosystems built on Substrate Polkadot and that we have a Parachain. But in the event, it does not happen, then, I mean, the network can secure itself. We have enough traction, we have enough people who want to participate in building validator nodes for that. So there are also other ways that are outside of Parachain that are now starting to be provided like bridges to basically reach different ecosystems, whether it’s the Ethereum ecosystem, or the Polkadot system itself. So I think for marketing reasons for confirming our beliefs and or reinforcing our partnership with the whole Polkadot ecosystem, I think it’s important we get the Parachain, but we could very well be completely independent and run that project completely independent.

So Bluetooth is actually a dark art. It’s nobody actually implements Bluetooth to the spec.

And so that means on Android, probably iOS, there are bugs, there are issues in there. And anywhere from the chip to the OS to the app. And that means that sometimes Bluetooth will just crash. On Android, you see this. You saw it a lot on older versions of Android, like the past two or three versions where you just have to restart the Bluetooth for it to work. The second thing that can happen is that you can actually saturate the wireless environment. You can just fill up the spectrum with noise so that some Bluetooth devices don’t start to show up. But you would then be you’d still be able to get some packets through. So what you’re seeing is one device basically just goes to zero, that’s actually probably the system just crashing like the modem is just failing. And then it has to reset itself. So Bluetooth is super buggy, even on production releases of the most modern operating systems. So once you start to dive into that, you realize that “Oh, LTE and 5G are also really buggy.” For implementations on Android and iOS. There’s a lot of things like CBRS that just don’t work on modern smartphones. So we had a few more questions. Daren?

We are hiring if you guys have followed us on Twitter. Especially for a Senior DevOps Backend Engineer. You can email your CV at people@nodle.co or apply to http://nodle.breezy.hr. And we’re offering referral rewards. So it’s 100 NODL per qualified candidate referral, and 10,000 NODL for a successful hire. Your name must be mentioned in the application process if referring somebody to receive credit.

And Garrett, something that you’ve been working on…Sounds like a commercial, right? Garrett, something that you’ve been working on a lot is app developer adoption. Using our SDK. Do you want to talk about how you’re onboarding? We just had a big announcement with ESTV, maybe you can touch on that before we take our last questions.

So we just partnered with ESTV for their own app, but also their ecosystem. So if you guys are or know any app developers, we’re also offering rewards for that. So one of the big ways that we grow our network is through SDK partnerships. So we have a Nodle cash app, we also have a Nodle SDK, which can basically be embedded into games and all kinds of things like that. So that’s how we actually plan on growing our network significantly. Today, we have a lot of nodes as an SDK, but actually, the best data, the best nodes that we get are actually you guys, these are Noble Cash app users.

So if you know anyone that has an app, let us know. We’ll give you Nodle Cash. So I know Micha’s gotta jump. We can probably take one or two more questions before we go. ManDood, you actually asked a really good question, I’m going to allow you to speak and you can ask your other question. Go ahead.

I’m very, very proud of this evolution and in the architecture of the network, because it will basically bring the decentralization of the network to another level and, and basically have all these apps that today work on servers in the cloud to be able to run directly at the edge of the network.

1:00:24 GK
Yep. So I guess the last question, before we wrap it up is, “Can you summarize the top five highlights of the last few months?” Micha, maybe you have some things that are on your mind?

I mean, you will see we really have built partnership is pretty robust and the companies in the past, many notice that we have a partnership with Cisco Meraki for some time, we have one of these HTC, we’re going to announce a big one with Ledger, the hardware wallet, basically provider. And on the IoT side.

So I mean, all these things, we’re gonna announce also a partnership that we mentioned before with manufacturers of base stations. So all these things have been taking time.

I think the mobile app also is going to evolve in a pretty good direction when you have the new user experience.

So we’ve been actually working on a lot of things in the last months and scaling the company.

And yet the highlight also from the past five months, I would say it was the first sale of our token. That happened. We basically waited four years, before almost four years before to start to sell tokens. So that was a big, big step.

All right. Well, I think with that, we can wrap up our little AMA. Feel free to ask questions in the community on Telegram. We’re most active there. I’m also trying to be active on our Discord. If you happen to like really deep technical stuff, that’s kind of what we like to keep the Discord for. So we’ll be around the whole day. And I’ll do my best to check in on the chats whenever I can.

So thank you, everybody, for being part of the Nodle community. We just want to say that this network is built by you guys. So we really thank you for being part of it.

1:03:57 GK
Thank you so much.

--

--

Nodle allows anyone to earn NODL crypto on their smartphone for free. D/L Nodle.com/cash app to help build the future of the crowdsourced decentralized network.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store