Nodle Wins The Final Slot of The Polkadot Chain Guard Auction

At the finish of the 2nd series of auctions, the neighborhood chose Nodle (NODL) as a title along with the former five winning tasks distributed in Polkadot.

Polkadot revealed on March tenth that Nodle was the eleventh initiative to win the chain guard rod and the last venture of the second auction (NODL). From over 7,500 supporters, the firm has raised $2.48 million in DOT contributions, which is worth $ 42 million.

Nodle is a firm that intends to connect all smartphone devices, building a massive network in the style of the Internet of Things. The platform has created a system for enterprises and organizations to connect and get information from a variety of sources by leveraging Bluetooth technical advancement. In exchange, information firms will be compensated in the form of Nodle Cash (NODL) tokens.

Thus, the second Polkadot auction concluded with six winning tasks: Efinity (EFI), Composable Finance (LAYR), Centrifuge (CFG), HydraX (HDX), Interlay (INTR), and Nodle (NODL).

According to the approach, all six tasks will be executed on the Polkadot blockchain on March 11, joining the ranks of the primary five parachains: Acala Network (ACA), Moonbeam (GLMR), Astar Network (ASTR), Parallel Finance (Acala Network), and Clover Finance (CLV) (along with the Statemint default chain guard).

Polkadot also authorized the upcoming auction system at the end of February. Polkadot will host four further auctions in 2022, each lasting twelve weeks and selecting seven tasks to acquire the right to lease parachain spaces.

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Patrick

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