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

TL;DR Highlights:

Nodle AMA Transcription

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.

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’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.

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.

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.

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.

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.

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.

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?

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.

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.

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

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.

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.

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.

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.

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

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.

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.

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.

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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.

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