Introducing Neblio - Next Generation Enterprise Blockchain Solutions (Great investment potential)
The main reason for writing about Neblio at this moment is that his price is low at this moment and can be bought for less than $3 which is a great entry point as a mid-term investment.
I encourage you to make your own due diligence before investing any money. The web is full of scammers and bad persons that want to take your hard-earned money. Listen to everyone you find informative and interesting but trust no one, including me first!
Disclaimer:
I invested in Neblio in mid-September when the price was around $0.90 and bought 20% more at $3.50, 2 weeks ago, and yesterday 20% more at $2.60. I am holding it as a long-term investment in my portfolio and using Neblio wallet for staking and getting rewarded by 10% of Neblio babies per year.
What is Neblio?
Neblio team is developing next-generation open-source blockchain platform for business. Neblio project started in Q1 of this year and it is lead by small, but the highly effective team from the United States. The main idea behind this project is a blockchain based platform built to simplify and accelerate the development and deployment of distributed applications on the Neblio Blockchain, and potentially other blockchain networks in the future. This way Neblio will simplify blockchain for enterprise users making it easy to use by offering all main programming languages for RESTful APIs.
Blockchain offers numerous advantages in comparison with today’s traditional databases and it is expected that in years to come all companies are going to use it. The main reason is that blockchain is less expensive, more secured, transparent and easily accessible. Simply put you can make more money by doing your business on the blockchain.
But there is still one problem...
The blockchain is too complicated for many companies to get involved with right now, they need to hire experts and they're in short supply. Neblio is meant to make the process of building and maintaining decentralized applications simpler so that companies don't need to hire specialists. Developers that are familiar with using RESTful APIs to interact with today’s traditional databases will feel right at home developing apps that instead use the Neblio Blockchain to access and store information.
Neblio Token (NBL) Info:
Price during ICO = 0.16$
Neblio was first listed on exchanges at beginning of September with price around 0.6$
Price was rising through October and reached ATH at almost 6$
At this moment the price of one Neblio is around 2.7$, the market cap is $34 million and the total supply is 13 million of Neblios.
Neblio team burned 112 Million of unsold tokens from ICO making Neblio supply relatively small and rising value of circulating tokens.
Neblio is accessible in just 3 exchanges: Cryptopia, Kucoin, and HitBTC, but it is expected more to come in near future.
Neblio Team:
Neblio team has two developers, business manager, and marketing advisor. One of the main critique coming from the community is that team is too small, but by now team has delivered everything from their roadmap even before the deadline and they are Hiring and plan to grow. They commented publicly few times on this critique saying that they don't want to hire anyone just to fill the numbers but are searching for well-experienced developers that could add extra value to Neblio team. Two Co-Founders are giving the impression of really hard working and well-experienced people giving 110% of themselves to this project. Ed was working for Cisco and Capital One as a senior software engineer before launching Neblio and Ann was in HPs high management for more than 6 years. So you could call them superstars based on their previous experience.
Neblio Stalking:
Neblio is Proof-of-Stake and if you keep your Neblio wallet open you can "stake" your tokens and be rewarded for securing the network. Doing this you will earn 10% per year of Neblios you are stalking. This is a really nice bonus for just holding Neblios and it feels great to see every week or so little Neblios being born in your wallet. This also means that a number of Neblio tokens supply will grow. As it is not possible that everyone will stalk their Neblios all the time I think that we could expect to grow from 3% to 5% per year.
Competition:
To simplify everything we can say that Neblio is blockchain platform and it is being developed to allow other people (especially businesses) to build their decentralized applications on it. There are several projects on the market that we could compare to Neblio. The most similar one is Stratis but we could also compare it with Ethereum, NEO, Ark, Lisk or even Qtum. As you can see from this list all of these platforms are really successful and their market cap goes from $400 million to $40 Billion.
Click for bigger resolution/Made by Kenzo
Neblio is at $34 Million market cap at this moment and after making your own due diligence I am sure that you will realize that Neblio is not in any segment inferior to its competitors but even superior in some parts. The main advantage of Neblio platform is a number of programming languages that he will offer. While competition usually has just one or few at the best, Neblio is allowing the use of Python JS .NET (C# & VB.NET) Objective-C Java Node.Js Go PHP. A suite of RESTful APIs, in almost all of the today’s popular programming languages, will allow developers to intuitively interact with the Neblio blockchain network without having to know the complex details of blockchain technology.
What to expect in the future:
At this moment Neblio is still unknown to most of the investors in cryptocurrencies. The project is just starting and after the end of ICO team developed wallets and community started stalking Neblio and getting rewards. Just a few days ago developers presented Raspberry Pi wallet as it was planned in their roadmap. The main event for Neblio is Q1 of 2018 when real potential of Neblio blockchain will be released allowing users to deploy next-gen applications on the Neblio Blockchain Network. If this launch goes successfully I personally expect for Neblio to join other competing platforms at the top of cryptocurrency market cap list. After this launch Neblio team is going to invest in promotion and marketing campaign in Q2 and at the same time continue with the development of its platform through the end of 2018 and beyond.
Conclusion & Price prediction:
I spent really a lot of time investigating this project in last few months and I can't find any big flaws in it. We must realize that it is still developing, but that is the main reason for having the price of $3 instead of $30 or even $300 and everyone ready to take an investment risk at this phase of the project could expect really huge profits if team delivers everything. At this moment the price is around $2.7 per Neblio and I would not be too surprised to see it even lower ($2.3 - $2.4) in 2017. The Q1 of 2018 will be the crucial point for Neblio and if we get good signals from the team even before the main launch I see Neblio at +$10 in the conservative variant. I personally won't sell before entering top 30 of cryptocurrencies by market cap and even then I don't see the point in selling something precious like Neblio that is giving you 10% of interest just by holding it in open wallet.
https://nebl.io/
https://twitter.com/NeblioTeam
https://nebl.io/chat/
https://nebl.io/wp-content/uploads/2017/07/NeblioWhitepaper.pdf
Great article and great project. Im a long time hodler myself and neblio has a great chance to outperform some of the competitors.
Thanks for your comment... I could say that I have little bit of problem with Neblio buying it all the time, but we will see through 2018 was I right...
Amazing write up on Neblio. This is an amazing much needed project that Eddy and Ann know what the costumer needs. (Easy enterprise block chain solutions.)
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