Neblio (NEBL)

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Neblio (NEBL) is a platform the develops open source blockchain that creates applications and services for businesses across the world. The aim for Neblio is to replace the obsolete software with a new database creation solution.

Our Joke Name

Neblio = Simple Minded People

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (NEBL)

Coin or Token

Circulating Supply (13 Million)

Total Supply (13.8 Million)

Block time (120 Seconds)

Market Cap Ranking

Review

Neblio (NEBL) is a platform the develops open-source blockchain that creates applications and services for businesses across the world. The aim for Neblio is to replace the obsolete software with a new database creation solution. Neblio has the idea of making applications scalable, reliable, secure and easy to use.The product is still yet to launch and should be released by the end of the third quarter of the year 2018. The white paper can be viewed at https://bit.ly/2HYFNsg (20 Pages).

Key Features

  • Token & Staking
  • Decentralized
  • Purpose of the project

Token & Staking

The Neblio Cryptographic Token (NEBL) is the key factor of the Neblio Blockchain Platform, as it allows instant & secure transmission of information worldwide which ensures the security of the project network. Other large networks require reliable protocols and security algorithms to ensure the integrity of all members of the network. Neblio uses the proof-of-stake algorithm, which allows users to “stake” their tokens to protect the network. Since Neblio uses a proof-of-stake (POS) model, every Neblio wallet containing NEBLs and those open to staking will receive approximately ten percent of the number of tokens staked as a reward of their efforts for protecting the network.

Decentralized

Since the Neblio platform is decentralized this ensures the security of all transactions and/or information stored in the blockchain of Neblio Coin, such that there is no central authority in the network.

Purpose of the project

The purpose of this project is to simplify many of the complexities of current blockchain technology by using intuitively understandable services and APIs that accelerate the deployment of distributive blockchain-based applications in an enterprise.

Key Team

  • Eddy Smith
  • Ann Jackson
  • Yuval Amar
  • Riley Stockton

Conclusion

Overall Neblio hasn’t managed to release any products similar to the substratum and the masses of people are hoping it will work out. However what makes them different is they are big on being open-source and letting all their members of their community know what’s going on, which can be seen on the roadmap or multiple social media. To conclude if Neblio doesn’t have many features that make it stand out from the rest, in order for them to gain the attention they need to be unique or release products on deadlines otherwise I see no point of this project.

Pros

  • Scalable, reliable, secure
  • instant & secure transmission of information

Cons

  • Not meeting deadlines
  • Limited Features
  • No backing (asset, profits, commodity)