This project has a solid use case. It runs on Polkadot and essentially creates a mesh network with other smartphones, using Bluetooth Low Energy (BLE). So users who download the app can use the connection of other users on the Nodle network to communicate with others and access the internet.
It's a similar idea to Helium, except Helium uses LoRaWAN. The big advantage that Nodle has over Helium however, is that you can use your smartphone. Helium requires you to purchase a fairly pricey dedicated device, which will probably become obsolete at some point.
Otherwise, they both work on a similar reward structure. You get paid on availability and connectivity.
Only about 15% of the total 21B tokens have been been allocated to insiders, which is reasonable, in my opinion. Once the 21B tokens are minted, no more tokens will be created.
This could potentially be a tracking mechanism, that's the only downside.
But from a trading standpoint, the price is low and I could see this taking off during the next bull run. Show Less