Neblio has finished its all 2017 deliverables a month ahead of the schedule. I am very excited with the team’s performance and their sheer determination towards Neblio’s vision making blockchain simple for enterprise applications .
After successful ICO in mid Aug 2017, team has released its own block chain (POS consensus algorithm based), windows/Mac/android/electrum light wallets. Currently IOS wallet is in Apple purgatory 😂 and integration of Neblio on nano ledger is in progress. Raspberry PI wallet was released with a simplified installation process which requires only a single line command to run the wallet (life savior for non-technical people).Most of these are not a big deal as some of them are forked from existing projects, but what makes it an undervalued project is the interesting part.
The recent development update (read full report here https://nebl.io/2017/12/03/neblio-development-update-3/#start) announced the release of Neblio Docker container, which allows businesses and enterprises across the globe to transform the applications running in their data centers and cloud platforms. Neblio Docker container allows anyone to deploy a fully functional Neblio Node that is fully-synced just with a single command. For the easy deployment of Nodes, Neblio introduced an innovative new feature called "Neblio Quick Sync" specifically designed for Neblio Docker container. It ensures that when the Node is first deployed syncing the blocks takes only few seconds.
Why is it important to complete the syncing blocks in seconds?
No blockchain platform that asks customers to wait weeks, days, or even hours for a new full node to sync after deployment will ever gain adoption in the enterprise world. (Did you remember downloading NEO GUI wallet designed for redpulse ICO, it was a pain in the neck to sync the whole block chain which took several days). Thanks to “Neblio Quick Sync”, which reduces the sync time from days to seconds. Neblio QuickSync is an innovative new feature for Neblio Nodes launching first in Neblio Docker container and coming to Neblio’s other platforms in the coming weeks. Neblio Quicksync packages a highly-compressed copy of the blockchain in every Node download. This copy of the blockchain is updated from Neblio’s build servers every single night, ensuring that the blockchain data is never older than 24 hours. When the Node is first deployed syncing the remaining blocks takes only seconds.
Why do we need another block chain, when we already have more popular projects like Stratis/Lisk/Neo/Qtm etc?
There is enough room to grow all these platforms side by side as each one of these is aiming at different but not limited to certain geographical markets (Neo is for China, Lisk is based Europe and Neblio is an US based project). Out of all, Neblio is distinguishable interms of its simple yet elegant block chain design to make easy deployment of applications on the Neblio platform and the block chain supports 8 popular languages namely, Python, Go, JS, Ruby, .NET, Java, Node.js, C++ for enterprise applications.
What’s cooking for the next few months?
Neblio is also partnering with the world’s largest hyperscaler cloud providers to make Neblio available in more places to offer a blockchain-as-a-service solution. The immediate team’s focus is delivering the Neblio API Suite in 3 phases. Integration of the Neblio REST API Listener into the Neblio Node followed by full API Documentation and Implementation. Finally development of API Library for Each of the 8 Programming Languages (Python, Go, JS, Ruby, .NET, Java, Node.js, C++).
What makes you an intelligent investor?
Many white paper projects in crypto space came up with a structured ICO format to lure immature investors into their projects. The standard structure contains a large team (at least 10+ people) spanning across the globe with fancy Linked In profiles, listing notable block-chain personalities as advisory board (often without their consent), and a designer website. However, Neblio chose to concentrate on product delivery rather creation of hype around the project. As a matter of fact, it raised only 2.5 M USD (500+ BTC) in a 2 weeks spanned ICO and burned all the 112 M unsold tokens. The best part of this ICO is that the founders (Eddy & Ann) also bought their share of Neblio tokens just like any other ICO investors. There were no pre-allocated tokens for founders, advisory members, marketing or product development etc. Currently team consists of two hard working developers round the clock to deliver products ahead of schedule and two marketing members who work behind the scenes to get enterprise customers. As a result of Neblio team’s under the radar approach let them focused on project development rather fall for a pump and dump victim. As a result of this, The ICO investors has gained 19000% growth on their initial investment, leading a healthy organic growth. Its one of the highest ROI projects released in Q3 2017. The closest preceder is Omisego with 35000% growth. Check Neblio’s ROI performance since the ICO https://icostats.com/roi-since-ico. At the time of writing it has undergone a significant correction from its ATH, giving the perfect entry for new buyers. The question is why it is not a pump and dump victim? the answer is its rather small but strong community (HODLERS) of 1K+ members on any of their platforms like reddit, slack or telegram etc., compared to other similar projects like (10K-20K)LISK, Stratis, Neo, ARK etc. So now the question is when do you want to be in the project, at 1K+ or 15–20K? Be a smart investor!
My prediction: it’s an easy 300-400 M USD market cap project by mid Q1 2018 and definitely over a 1B USD market cap by the Q2-Q3 2018. Current token supply is very low, only 12.5 M with 10% annual inflation (If everyone is staking). That means, If you keep this POS token in your wallet for staking, you will receive an annual 10% compounded Neblio tokens as a reward. Currently Neblio is listed on Cryptopia (most traded volume), Hitbtc and Kucoin. The word is a "big" asian exchange is currently in talks with Neblio team for a possible listing by the end of this month (speculation 😂). Since it is an US based company chances are pretty good to get listed on popular US based exchanges soon.
Some useful links/info for enthusiastic investors
Join the slack/telegram here https://nebl.io/contact/
Subscribe to neblio channel on Medium for regular updates https://medium.com/neblio-blog alternatively, checkout their blog https://nebl.io/blog/
Source code https://github.com/NeblioTeam
You can access the market cap, coin supply, past performance data etc here https://coinmarketcap.com/currencies/neblio/
Latest development update https://nebl.io/2017/12/03/neblio-development-update-3/#start
“Disclaimer: I m with NEBLIO since the ICO. I am may be a bit excited with the team’s performance. Its not a financial advice and crypto markets are very volatile, so please do your own due diligence before you invest.”
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