Nodle Network (NODL)

Asset Tracking

Nodle Network helps companies track Bluetooth-connected items like vehicles in real time. For example, it can locate stolen cars across countries without expensive GPS or cellular modules.

Media Authentication

It supports verifying photos and videos on the blockchain to fight misinformation.

Smart Missions

Nodle enables decentralized apps and AI tasks on smartphones for important missions.

Monetization

App developers can add Nodle’s software to earn money without ads or collecting user data.

NFTs and Geolocalized Airdrops

Users can earn and claim NFTs linked to real-world locations.

IoT Connectivity

Nodle creates a global decentralized network using smartphones to connect and secure IoT devices via Bluetooth Low Energy (BLE).

Data Insights

It provides useful data for electronics makers, businesses, smart cities, and finance by collecting sensor information securely.

Developer Tools

Nodle offers infrastructure like dedicated blockchain nodes and APIs for building apps that use its network.

Advantages

• Nodle Network allows smartphone users to earn cryptocurrency by participating in smart missions without needing personal information or email registration.
• It uses Bluetooth Low Energy, which minimizes battery usage on devices.
• The network supports a wide range of applications like device connectivity, asset tracking, IoT validation, and secure AI deployment.
• It offers an educational platform for users to learn about cryptocurrency and blockchain technology.
• The network is decentralized and energy-efficient, deployed on ZKsync.
• Users can mine Nodle tokens easily with their phones and potentially earn passive income.
• Nodle provides tools for businesses to locate and connect Bluetooth devices globally.
• It includes features like content authentication on blockchain to fight misinformation.
• The network is designed to be secure, private, and scalable.
• Nodle tokens can be traded on centralized crypto exchanges.

Disadvantages

• The value of Nodle Network tokens can be highly volatile, with significant price fluctuations over short periods.
• The project is still in early stages, so some features and long-term goals are yet to be fully realized.
• Some users feel that mining rewards may currently be low or not worth the effort.
• There is a backlog in KYC (Know Your Customer) processes, which can delay participation.
• Tokens purchased by investors may be locked for a period, limiting immediate utility.
• Market manipulation concerns have been raised by some community members regarding early token distribution.
• The network's full potential depends on the rollout of all planned features and wider adoption.

Founders

Nodle Network was co-founded by Micha Benoliel, who is the CEO, and Garrett Kinsman, who is the Chief Operating Officer. They started Nodle to build a decentralized wireless network using smartphones to connect IoT devices worldwide.

Leadership Roles

• Micha Benoliel: CEO and Co-Founder
• Garrett Kinsman: COO and Co-Founder

They use Bluetooth Low Energy (BLE) technology and smartphones to create a low-cost, secure network for the Internet of Things.

Investors in Nodle Network

Nodle Network has attracted investors from blockchain and tech sectors. Notable investors include Blockchange, Work Play Ventures (founded by Marc Pincus), Blockchain Ventures (Blockchain.com), Olymp Capital, Bootstraplabs, Blockhead, Luminescence Capital, Maxx Capital, pSquare Capital, Titans Ventures, TokenHunter, Blockchain Coinvestors, 5G Open Innovation Lab, Hillrise Group (Adelaide, Australia), and Chainfir Capital. Mark Pincus is also an angel investor. These investors have contributed to funding rounds totaling about $9.7 million, with early seed rounds raising around $1.5 million from about 30 investors.

Halal Status of Nodle Network

Nodle Network is not explicitly listed or certified as halal in the available Shariah-compliant cryptocurrency screenings or reports. Its primary use as a decentralized physical infrastructure network for Bluetooth device connectivity and asset tracking does not clearly align with established halal criteria or certifications.

Reasoning

Halal cryptocurrencies generally avoid interest (riba), gambling (maysir), and activities involving prohibited items. They also require transparency, asset backing, or profit-sharing models. Since Nodle Network’s crypto is mainly used for decentralized device connectivity and location proofing, and no specific halal certification or screening is found, it cannot be confirmed as halal.

Answer: No, there is no clear evidence that Nodle Network crypto is halal based on current Shariah compliance information.