NEBLIO INCREASE (NEBL): THE VALUE OF DIGITAL ASSETS RATES FROM 8 TO 38 DOLLARS IN ONE MONTH

Since last Friday, the digital currency Neblio (NEBL) has greatly appreciated. Its price rose from about $ 8.50 on January 1, to a historic record of more than $ 60 last Tuesday. At the time of writing this article, its price had decreased to 37.87 dollars - but it remained up more than 1000% over a month:

Crypto-currency traded mainly on Binance:

It could also be found, with much lower volumes, on Cryptopia and Kucoin.

Note that it is recommended to store its NEBLs on the official wallet, available at this address.

What is Neblio?

Blockchain technology is seen as a technology of the future, offering businesses a solid, immutable and transparent system.

The problem ? Developers in large companies may not have the necessary training to take advantage of this technology.

Neblio aims to simplify this process, allowing companies to easily design blockchain applications across a wide variety of computer languages ​​(Python, Go, JavaScript, Ruby, ...).

Neblio adopts a positioning similar to that of the majority of blockchain networks that make up the top 20 rankings established by CoinMarketCap. Ethereum, NEO, IOTA, QTUM, Stellar, or Stratis have also been designed to allow developers to create and deploy decentralized applications.

If the competition is already tough, Neblio seems to try to stand out by offering a simpler alternative than that of its competitors.

A protocol "Proof-of-stake" (proof of stake)

For mining on its blockchain, Neblio relies on the Proof of Stake protocol - a protocol different from the one to which the Bitcoin network is linked, whose blocks are validated through the resolution of extremely complex mathematical problems. .

Neblio's side, the more a user will "staker" a lot of corners in his wallet, the more his "mining power" will be important - and the more likely he is to get the reward for mining the next block.

Feel free to check out this video tutorial in which the company explains how "staking" works.

A limited total offer
While some networks like IOTA, Cardano or Ripple offer billions of corners, we can see that NEBL's offer is relatively small, with only 13,457,763 corners.

But it is important to focus on the "capitalization" of Neblio - in other words, the supply of coins in circulation multiplied by their unit price - which is still relatively low when compared to that enjoyed by similar networks.

At the same time, it is a high valuation for what is still a project. As can be seen from the developer roadmap, the arrival of the first APIs will take place in the coming weeks, and the launch of a first marketing campaign is scheduled for the second quarter of 2018.

One could think that the NEBL could continue its appreciation if the network managed to keep its promises - by simplifying the development of decentralized blockchain applications - and to arouse the enthusiasm of the developers.