Neblio Review: Should You Consider NEBL??

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ā–ŗ Our long form review here: https://www.coinbureau.com/review/neblio-nebl/
ā–ŗ Binance Review: https://www.coinbureau.com/review/binance/

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ā›“ļø šŸ”— Helpful Links šŸ”— ā›“ļø

ā–ŗ Website: https://nebl.io/
ā–ŗ Whitepaper: https://nebl.io/wp-content/uploads/2017/07/NeblioWhitepaper.pdf
ā–ŗ Roadmap: https://nebl.io/roadmap/
ā–ŗ GitHub: http://github.com/NeblioTeam

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šŸ“±ļø Socials šŸ“±

ā–ŗ Official Blog: https://medium.com/neblio-blog
ā–ŗ Twitter: http://twitter.com/NeblioTeam
ā–ŗ Telegram: https://t.me/neblio_official

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šŸ“ Overview šŸ“

Neblio is building an open source and decentralised enterprise blockchain development platform. You can think of it as a “Blockchain-as-a-Service”.

They are able to achieve this through their use of a range of Restful APIs that mean that developers can code in up to 8 different programming languages.

Technologically, the Neblio blockchain is a Proof-of-Stake (PoS). This means that participants are awarded a staking return for tokens held in the nodes. The PoS mechanism was based off Peercoin with some modifications. In order to stake, you are required to hold for a period of 24 hours for a 10% staking return.

NEBL tokens are native tokens and are hence their own token standard. These are NTP1 and there are other projects that can build on top of just like they do on other blockchains such as EOS and Ethereum.

There have actually been a number of projects that have already built on top of the Neblio blockchain. These include the likes of Potion owl and Trifid etc.

The team behind Neblio is quite small given their ambitions. They are mostly comprised of software engineers. They held an ICO for the NEBL tokens back in August of 2017 and required the founders to buy in. They issud their entire token supply of 125m NEBL in this crowd sale.

Since then, the team has been relatively busy and have made regular commits to their public GituHubs.

NEBL tokens are currently listed on a number of exchanges although the bulk of the trading is now taking place on the likes of Binance with over 70% of the volume.

However, this volume is quite low when compared to the market cap. This could create an issue for liquidity of large orders down the line.

When it comes to storage, you have a rather limited option of wallets to use. This is because they are on the NTP1 standard. You are perhaps best suited to use their Orion proprietary wallet.

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šŸ“œ Disclaimer šŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #Neblio #NEBL #blockchain #Review #development #Staking #platform #cryptocurrency

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