Nodle Network (NODL) is a connectivity provider for the Internet of Things. The company has built a Bluetooth Low Energy - powered network to help companies and cities connect and collect data from their devices, sensors, and tags.

The Nodle Network is a decentralized wireless network, composed of Nodle Edge Nodes, powered by the Nodle Chain, and the NODL token.The Nodle Network is designed to offer a global, easy to use, decentralized communications network for IoT devices. The Nodle networking stack is a software solution to monetize hardware and IoT devices.With Nodle, Network Contributors share their communications resources to enable connectivity for the network. These Contributors become part of a shared, interoperable “Citizen Network,” and are incentivized to scale the network through a Proof of Connectivity™ algorithm.

Nodle was originally built on top of Stellar in 2018, where approximately 8.4 billion tokens were minted, it was then migrated to a native Nodle Chain in 2020. It then transitioned to a Polkadot Parachain in 2022. The rest of the tokens constituting the maximum supply will be minted according to the predictable mechanisms described in section “token issuance”.

The Nodle Chain became Polkadot's 11th parachain in March 2022. A parachain is a layer-1 blockchain that delegates its blockchain security to the layer-0 blockchain, Polkadot. Thanks to this, it is now possible for other parachain users to leverage the Nodle Chain capabilities.