Neblio: ICO Analysis
Website: Nebl.io
ICO: In Progress! Ends midnight Aug. 20th.
10-25% discount for ICO investors
What is Neblio?
Neblio is a blockchain developer platform, in some ways similar to Stratis and Qtum, focused on building a global blockchain developer network centered around simple to use APIs, tools, and services. They aim to help you develop and deploy your next generation distributed application.
What's the Token and What Does It Do?
NEBL is the token used in the Neblio network. The network operates via a Proof-of-Stake algorithm where users “stake” their tokens to secure the network. To encourage staking and securing the network, the network rewards users for the time spent staking.
When Will The Network Launch?
It's already launched!
How Will Companies Use Neblio?
From the whitepaper:
As an example, consider a theoretical medical application running on an iPad. In a
traditional enterprise world, this application would store and retrieve patient medical
records from a central database located in the medical office. Doctors can use the
application as they visit patients to view and update medical records. But…
- What if this medical office is part of a larger network of medical offices that share
patient records or part of a state-wide hospital network?- How do we ensure that the medical records stored in the database are always up
to date in all locations and cannot ever be altered or lost?
-What if the database becomes corrupt or is lost due to disaster or hardware
failure? Do we have backups? If so, are the backups recent and will the backup
restore be successful?
-How much downtime will a disaster cause? Will we have to cancel patient
appointments and lose revenue?The answer is a distributed application. Imagine the same application, but instead of
using a traditional database, the application accesses and stores the medical records in
real-time on a private (due to medical record privacy laws) Neblio blockchain network.
Each office or hospital in the network runs a private version of the Neblio blockchain
node which ensures that every single record stored in the ledger is accurate and
immutable across the entire network in real time. Nodes can be lost due to disaster or
downtime without a single record being lost or altered and the network stays up. The
main office can now use a separate distributed application that uses the same data off
of the blockchain, but in a different way, to begin processing insurance claims and other
paperwork as soon as doctors at a distant branch office are done adding patient
records. This is just one example, in a single industry, where a distributed application
built on the Neblio blockchain could provide immediate business value, driving
efficiency and lowering costs.
What Are Some Things That Make Neblio Special?
- Neblio is distributing 100% of their tokens in the ICO. This means they are not holding on to them just trying to pump up the value in the ICO and get rich quick.
- Proof of stake mining is incredibly easy on your computer. You won't need a powerful machine and your fan won't start going at max speed every time you open the wallet. It's very efficient.
- The network is already live before the ICO, with wallets already available! Most ICOs don't have anything to show you before you invest. Neblio is already well on their way
Value Proposition
At the time of this writing, only 2,195,939 of the total 125,000,000 NEBL tokens have been purchased. That's less than 2%! And the total investment value is only at around $340,000 so far. They are going completely under the radar. They've also stated that all un-purchased NEBL tokens will be destroyed. Meaning that the total market capitalization of NEBL after the ICO will likely be less than one million. Put this in perspective with Similar projects like Stratis and Qtum, which have market caps of 680 million and 853 million respectively. Those projects are further along, but it shows you that the upside of Neblio could potentially be 1000x.
Overview
Disclaimer
I have personally invested in the Neblio ICO. I am not offering financial advice. I am merely presenting the information that I have gathered on the project
15% ICO discount ends in 4 hours!
Check them out here: Nebl.io
Thanks for reading!
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Thanks for sharing a currently going ICO. You did a great job explaining it, i know some was from the whitepaper but still. Thanks for the info and I will be checking it out!
Thanks! I like to add my own take, but when certain parts are better explained by the whitepaper I think it's good to just include it
Very nice. I have never heard of Neblio.
Just discovered them a couple days ago. I think their marketing hasn't reached most of the cryptocurrency community. Seems very under-appreciated and undervalued to me
Neblio project is a new extra-ordinary 1 % Crypto-currency platform with a semblance to other cashflow generating pro-assets like Stratis, Qtom and others. The multiple language wallet has a funky flashy GUI and it works great on Windows & Mac and Linux (tested only on DEB) . Full wallet Syncing will take you max 35 minutes and backup functions are top class compared to some other competitors on the markets. Full node peer to peer blockchain Luxury with great-opportunities for staking and all over growth. I'm going all in NEBLIO. Can't wait for spring 2018.
appreciate you ! done good work
great post, steem.engine as usual!
a two person team with no advisors? i'll pass
Hmm that interesting. The two of them have created an astounding amount of working infrastructure already but more for the purposes of this launch (ie raising money). It would be nice to see more of the actual application and the network. For now its the wallets i guess. Still a leap of faith then. put the kids college money back in the bank!
I bet the UK health authorities wished they had a network like Neblio when Wannacry took down their access to patient records recently.
This would seem to remove some of the reason for VPN. Also as a world traveler for work I am writing this from India) i can testify to how torturous it is to work remotely out of a server sitting back in the US. This would distribute the data across the network so it always feels local.
That said do the gremlins of the internet, worms and virus etc migrate into the blockchain networks too?
I was in on the Neblio ico, it's a great project. Wish I had invested more. I will try to accumulate some more as it is now trading on Cryptopia