Neblio NEBL

What is the Neblio (NEBL)?

NEBL is Neblio's native token, which owners may use to stake to become node operators. The platform implements the capability to stake NEBL tokens remotely by keeping them in an offline wallet and securely transferring them to an operational staking wallet. This is referred to as cold staking. If you plan on using this feature, make sure to check the latest Neblio price changes first.

Neblio is a development platform designed to facilitate distributed app creation and deployment. The Neblio network provides a variety of business services, including:

• Blockchain advisory;
• Hosting and deployment of Neblio nodes;
• Private blockchain creation;
• Open-source API tools and services.

Use Cases of NEBL Tokens

As mentioned before, staking is the main use case of NEBL crypto assets. This is done to keep the chain decentralized, secure, and proficient. By staking through the Proof-of-Stake (PoS) consensus mechanism, users are able to build new blocks or validate existing blocks.

Besides, the network rewards users with NEBL coins for doing that. Based on the current NEBL price, that could be a notable reward for most users. Every stake reward is determined by the quantity of NEBL and the amount of time it has been staked in the following block.

Don't forget to check the Neblio price featured above.

Who Founded Neblio?

Edward Smith and Ann Jackson, two IT experts, founded the Neblio crypto platform in 2017. Prior to Neblio, Smith worked as an expert and advisor on Cisco and Capital One while Jackson was a key member of Hewlett Packard’s development efforts.