Nillion
NIL
$0.140702
Current Price
+43.73%
24h Change
Info
NIL
Symbol
$142.40M
Fully Diluted Valuation
$71.04M
Market Cap
374
Market Rank
1.01B
Total Supply
$176.39M
Total Volume
$0.148974
24h High
$0.085554
24h Low
About Nillion
Nillion (NIL) addresses the challenge of secure data computation and storage by leveraging Privacy-Enhancing Technologies (PETs). It aims to revolutionize data handling with its private computation and storage network, allowing operations on encrypted data without compromising privacy. This innovation facilitates applications like private AI development, encrypted databases, and privacy-preserving platforms. As a utility token, NIL plays a pivotal role in the network, covering transaction fees, enabling staking for network security, and supporting governance activities. The network's standout feature is its ability to perform computations while maintaining data encryption. It includes advanced modules such as a secure AI inference platform co-developed with Meta and a versatile virtual machine (VM) that supports Python and JavaScript for AI and web3 development. Nillion's ecosystem is designed for seamless DeFi integration and supports a variety of real-world applications, from data marketplaces to privacy-centric AI solutions. This positions Nillion as a significant player in the blockchain space, with strategic partnerships and technological capabilities enhancing its market presence.
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FAQ
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