Neblio (NEBL) Review, Price, Market Cap and more | Coinopsy

Neblio (NEBL) Review, Price, Market Cap and more

Neblio (NEBL) - Simple Minded People

Neblio (NEBL) is an open-source blockchain platform which allows enterprises to build DApps (Decentralized Applications) that will allow the exchange of transactional data between businesses...
Neblio's current price is $0.407 USD. In the past 24 hours, Neblio's price has decreased by -3.1 percents..
Name (Ticker)
Neblio (NEBL)
Price (USD)
$0.407193707926
Rank
211
Active Supply
15.6 million
Total Supply
16.2 million
Volume(24H)
203393
Market cap
6.4 million
Fun Name
Simple Minded People
Website Links
Social Links
Block Explorer

Chart

Pros

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

Cons

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

Review

Neblio (NEBL) is an open-source blockchain platform which allows enterprises to build DApps (Decentralized Applications) that will allow the exchange of transactional data between businesses. Neblio platform is create with scalability, reliability, security and simplicity in mind. The white paper can be viewed at https://bit.ly/2HYFNsg (20 Pages).

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 Nebilo

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.

  • 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.

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