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The Neblio Platform's objective is to offer enterprises with fully open-source APIs, tools, and services for dApp deployment. The Neblio Network utilizes a Proof-of-Stake algorithm, where users stake NEBL coins to ensure network security. In order to incentivize staking and network security, users are rewarded for the duration they spend staking. The network generates new coins at a variable rate based on the current number of coins staked on the network.
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What is the description of $NEBL?
$NEBL is the token of Neblio, a distributed blockchain platform built for Enterprise & Industry 4.0 applications and services.
The Neblio Blockchain Platform is a development 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. Difficulty and inadequate developer skillsets are seen as the major obstacles inhibiting the adoption of blockchain technology for developing distributed applications in the enterprise and business worlds. To overcome these obstacles, the Neblio Platform is built from the start for enterprise distributed application development. A suite of RESTful APIs, in almost all of todays popular programming languages, will allow developers to intuitively interact with the Neblio blockchain network without having to know the complex details of blockchain technology. Developers that are familiar with using RESTful APIs to interact with todays traditional databases will feel right at home developing apps that instead use the Neblio Blockchain to access and store information.
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