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Home News Altcoins

What is Neblio (NEBL)? A Simple Guide for Beginners

Albert Kim by Albert Kim
February 28, 2018
in Altcoins, Investing, News, Technologies
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The blockchain technology is coming of age. There are many applications that can use the technology apart from cryptocurrencies or digital transferable assets.  For many platforms to go live, thy start with Initial Coin Offerings (ICO’s) or Token Generation Events (TGE’s). However, not every ICO or TGE yield the expected results; some flop.

Neblio (NEBL) has just concluded its Initial Coin Offering and their coins or tokens or coins are now tradable. This is a blockchain technology platform that seeks to disrupt the enterprise landscape. There are some enterprises applications require modern technologies at lower fees to operate optimally.

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Blockchain is seen to have better technologies than traditional ones. This new technology is immutable, secure, reliable, and transparent and above all, decentralized. Neblio seeks to package all these benefits and offer them to the consumer.

What is a Neblio (NEBL) Token?

Neblio is the platform that supports NEBL tokens. Any time you use the platforms services, you pay using the NEBL token as the medium of transactions. When you connect your enterprise application to the Neblio network, you are charged a minimal fee.  The core value of this network is to add value to businesses.

These token have distinct value that is determined by their demand in the market. You can change your NEBL tokens to any other cryptocurrency of fiat money from affiliate Neblio exchanges. Some of the exchanges of repute under the NEBL portfolio include Binance, KuCoin, HitBTC and Crytopia among others.

How does Neblio (NEBL) Work?

The Neblio network has an assortment of services that deploy blockchain technology. Simply put, it is an API suite, hosting platform, consultancy service provider, Node deployment base as well as a private blockchain DApps.

As a participant, you will be able to develop your private applications using the platforms RESTful API suite. The suit makes it easier for users who are not tech savvy and are interested in coming up with private blockchain supported applications. Ease of platform use will enable adoption according to the Lead developer Eddy Smith.

Developing distributed applications on the platform help you store, access and utilize the platforms’ information and data fast. You can also manage you nodes with ease and create custom made apps depending on your client needs.

Since going live, the Neblio (NEBL) network has attracted a lot of interest and seems to be gaining acceptance in most industries. They are working on releasing a Neblio iOs app and expand their exchanges to include CobinHood and CoinSwitch.

How to Get NEBL Tokens

To get your first NEBL token, you need to set up a wallet first. Visit their official website and go to download wallet section.  This will lead you to their GitGub, a store where new wallet releases are kept. You can choose a version that works with your computer or any Operating System. Download the file and save it on your desktop and run it.

Setting Up Your Neblio Wallet

The computer will prompt to allow the wallet through your firewall. For it to work optimally you need to accept. Once it opens, it might take some time searching and syncing to the Neblio (NEBL) network.

Once done, navigate to “settings” and click encrypt; choose a secure password and write it down to ensure you do not forget it and click on the “OK” button. Read and understand any warning before accepting.

Once the wallet encrypts in will automatically close; you need to open it again and re-enter the password you created and start setting up the wallet. You can save your wallet file in your computer desktop or use a USB stick. If you have an external hard drive the better.

Your wallet is ready and you can fund it by clicking on the “receive tokens” button. This will give you your wallet address which you again are supposed to copy and keep it safely.

You can now buy any favorite cryptocurrency (BTC, ETH, and XRP) change it to NEBL and fund your wallet to start transacting. You can choose an exchange hat pairs NEBL with other popular coins for ease of purchase. Coinbase and CEX.io are my best bets. However, CEX.io is global and accepts debit and credit cards.

In conclusion, Neblio (NEBL) has hit the ground running and appears to be one of the most promising networks currently. It has started strong and poised to have a user base that is supportive to add value to the NEBL ecosystem. If you need to invest, Neblio is a choice to consider. NEBL is trading at $16.08 with a growth of 14.8% over the last 24 hours.

 

Tags: Neblio (NEBL)Neblio exchanges
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