Neel is a modular blockchain platform to construct a nexus between blockchains, with the aim of solving scalability, interoperability and sustainability issues in the Internet of Blockchain ecosystem.
An existing problem with the blockchain ecosystem as it stands, is connection between different blockchains, which currently takes place by way of third party applications. Neel plans to solve this issue using the IoB system. Neel aims to make it possible for every blockchain to stay connected with all other blockchains connected to the IoB network, ultimately bridging transactions between the blockchains.
For more information on $NEEL tokenomics, view whitepaper here.