Neblio relies on the Proof of Stake protocol - a protocol different from the one to which the Bitcoin network is linked, whose blocks are validated through the resolution of extremely complex mathematical problems.
At INR 223.30 on 18 November 2017, NEBL traded at INR 199.86 on 30 November 2017.
At INR 201.12 on 1 December 2017, NEBL experienced great fluctuations and was seen at INR 565.54 on 31 December 2017.
At INR 605.34 on 1 January 2018, NEBL and was seen trading at INR 1045.05 on 31 January 2018.
At INR 1093.90 on 1 January 2018, NEBL dipped down further to INR 945.41 on 27 February 2018.
NTP1 (Neblio Token Protocol 1) allows users to issue new Neblio tokens on the Neblio blockchain where all transactions are made over the Neblio blockchain. Standard Neblio fees per transaction is incurred which currently is set to 0.0001 NEBL w.r.t today's prices. Neblio team has already created a staking wallet, a lite wallet, and an Android wallet based on the POS system to efficiently manage the Token Management System.