Source: Golden Finance, Binance, Nillion official website, Messari research report Compiled by: Golden Finance
On March 20, 2025, Binance announced that Binance Launchpool launched the 65th project - Nillion (NIL), a decentralized network that uses blind computing to achieve secure data processing and storage while protecting privacy.
Users can invest BNB, FDUSD and USDC into the NIL reward pool on the Launchpool website after 08:00 on March 21, 2025 (Eastern Time Zone 8) to obtain NIL. The activity will last for a total of 3 days.
Binance will list Nillion (NIL) at 21:00 (ET) on March 24, 2025, and open NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC and NIL/TRY trading markets, with seed tag trading rules applicable.
Token Name: Nillion (NIL)
Total Token Supply: 1,000,000,000 NIL
Maximum Token Supply: Unlimited (depending on the release type and autonomous governance, the annual inflation rate is 1%)
Total Launchpool: 35,000,000 NIL (3.5% of the maximum token supply)
Additional 25,000,000 NIL will be allocated for marketing activities 6 months after spot listing.
Initial circulation: 195,150,000 NIL (19.52% of total token supply)
Restrictions: KYC required
Individual hourly reward hard cap:
BNB mining pool: 38,888 NIL
FDUSD mining pool: 4,861 NIL
USDC mining pool: 4,861 NIL
Reward pool:
BNB pool: total reward 28,000,000 NIL (accounting for 80%)
FDUSD pool: total reward 3,500,000 NIL (accounting for 10%)
USDC pool: total reward 3,500,000 NIL (accounting for 10%)
Event time: March 21, 2025 08:00 (Eastern Time Zone 8) to March 24, 2025 07:59 (Eastern Time Zone 8)
Reward amount distribution in stages:
Founded in 2021, the Nillion network is a decentralized data storage and computing network, and a set of supporting tools that together help builders build novel, powerful applications that leverage high-value data in a more secure way. Its modular and flexible architecture makes it possible to achieve this using cutting-edge encryption technology, both to achieve more secure versions of existing workflows and to unlock new opportunities. Early builders in the Nillion community are creating tools for private predictive AI, secure storage and computing solutions for healthcare, storage solutions for secure data such as credentials, and secure workflows for transactional data.
The project team includes Alex Page (CEO), former Hedera SPV partner and Goldman Sachs banker; Andrew Masanto (Chief Strategy Officer), Hedera co-founder and Reserve founding CMO; Slava Rubin (Chief Brand Officer), Indiegogo founder; Dr. Miguel de Vega (Chief Scientist), who holds more than 30 data optimization patents; Conrad Whelan (Founding CTO), Uber founding engineer; Mark McDermott (Chief Operating Officer), former Nike innovation director; Andrew Yeoh (Chief Marketing Officer), Hedera's early senior vice president partner and former UBS and Rothschild banker, etc.
Since its inception, the team has raised $50 million in private equity financing from investors including Hack VC, Hashkey Capital, Distributed Global and Maelstrom.
NIL token is the core of the Nillion blind computing network. It is both the utility token of the network and the governance mechanism. With a total supply of 1 billion, NIL aims to coordinate the incentives of all network participants while achieving sustainable growth of the ecosystem.
(1) Supply Side: Allocation and Unlocking
Token AllocationThe majority of the token supply (45%) will be used for community and R&D to continuously improve the technology, demonstrating a focus on sustainable growth rather than short-term gains. The protocol also reserves 7.5% of the total supply (75 million NIL) for the Genesis Airdrop to early supporters and builders, targeting those who have made meaningful contributions to the development of the network.
Unlock Schedule
Token release will follow a planned unlock schedule:
Initial circulating supply is approximately 13.9% (139.6 million tokens)
Main unlock event begins 6 months after genesis, reaching ~30% of supply
Gradually increasing to ~48% by 12 months after TGE
Long-term linear vesting of team and ecosystem allocations
A cryptocurrency entity linked to Continue Capital lost over $36 million in wrapped Ethereum tokens due to a phishing attack that tricked users into signing a malicious transaction. This incident caused a drastic price drop of more than 95% in fwDETH, highlighting the ongoing risk of phishing attacks in the crypto space.
AnaisIsrael's economy minister said Iran must be attacked, including its nuclear capabilities, and Iran warned that Tehran might change its nuclear policy if its nuclear infrastructure was attacked. Gold hit a short-term high of $2,646, and Bitcoin tried to regain the unexpected loss of US CPI.
AlexOKX announced a grant to the 2140 Foundation to support the foundation’s multi-year efforts to promote the long-term security, resilience, and maintainability of the Bitcoin network.
MiyukiThe Trump family announced that the financial revolution protocol of World Liberty Financial project will allow the adoption of large-scale institutional capital. The project disclosed in its roadmap that it plans to raise $300 million at a valuation of $1.5 billion.
WeiliangUber is using AI, powered by ChatGPT, to help drivers transition to electric vehicles by providing personalised guidance and local information on incentives and charging options. This initiative aligns with Uber's sustainability goals and reflects the growing influence of AI in the automotive industry.
WeatherlyIn this meme craze, SunDog, a star project of the TRON ecosystem, has become the focus of global investors with its strong market performance and unique application scenarios, and has quickly become one of the top projects in the meme track.
AlexCoNET has launched a new mini-game referral program to attract real users to join its decentralized ecosystem. By sharing the referral link, users can get CONET tokens as rewards. All referral rewards will be recorded on the chain to ensure fairness and transparency, and the plan starts on October 10.
MiyukiArkham Intelligence, a blockchain data company backed by OpenAI founder Sam Altman, is about to launch a cryptocurrency derivatives exchange, with plans to set up a new venue in the Dominican Republic. As the crypto market changes, Arkham hopes to seize market share through technological advantages and global expansion, challenging industry giants such as Binance.
WeiliangBitcoin's global interest has dropped to its lowest in a year, while memecoins are gaining popularity with significant search and trading activity. Despite concerns about their risks, memecoins continue to dominate the crypto market in 2024.
AnaisBitcoin surged past $64,000 on Monday, with analysts combining technical indicators such as RSI, order book liquidity and moving averages to suggest that a breakout above $65,000 is increasingly likely.
Alex