Nillion decentralizes trust for sensitive data in the same way that blockchains decentralized transactions. Nillion 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.
In its private funding round led by Distributed Global, the project has successfully raised $20M from investors including AU21, Big Brain Holdings, Chapter One, GSR, HashKey, OP Crypto and SALT Fund. From the Community Round on Coinlist, the project expects to raise $20M, allocating 50M $NIL tokens.
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