Nillion decentralizes trust for sensitive data in the same way that blockchains decentralized transactions. It is a deep technology infrastructure project aiming to build a non-blockchain decentralized network. While blockchains decentralize finance, Nillion aims to decentralize everything else and the rest of data.
The project offers a new internet infrastructure for securing storage and data computation.
On June 10th, 2024, the Nillion project announced the Community Round on Coinlist, which was launched on June 19, 2024, and runs until June 26, 2024, 17:00 UTC.
5% unlock at TGE, 6 month linear release
To participate in the Nillion Community Round, users have to fund their CoinList wallet with the minimum purchase amount ($100 in USDC or USDT), as well as pass KYC verification.
Once the $NIL launch begins, users will be asked to submit a purchase request, with a minimum of $100. Users cannot submit a purchase request that exceeds the amount of USDC or USDT they have on CoinList. There is a possibility to submit only one purchase request, so please make sure you specify the final amount in your initial request.
There are two round allocation categories: capped and uncapped.
4.5% (3.15% + additional 1.35%) of tokens will be allocated for the Capped category and 0.5% (0.35% + additional 0.15%) for the Uncapped category.
After the end of the token sale period, on June 26, 2024, 17:00 UTC, allocations will be chosen at random. Users who are not selected to receive a distribution will receive their funds back to their CoinList wallet within 48 hours of the end of the purchase period.
Purchasers that receive an allocation will receive the entire amount they submitted. There will be no partial holds for successful purchasers.
See if the $NIL launch is available in the jurisdiction you’re a resident of;
Set up your account at CoinList;
Pass KYC — you will need a compatible personal ID with a photograph and a laptop or smartphone with a camera;
Top up your CoinList wallet with the desired contribution amount ($100 in USDC or USDT);
Participate in Sale and commit funds on CoinList;
Wait for updates on the Nillion’s official channels.