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WebsiteCoinlist Launchpad

Nillion (NIL)

IEO

Nillion is a decentralized network based on a new mathematical innovation called Nil Message Compute, which is designed for the private and secure transfer, storage and processing of data.

Funding Round: $20 Million

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Overview

Project industryPrivacy & Security
Product typeTechnology
WhitepaperNillion White Paper Open

What is Nillion

Nillion is a decentralized public network based on a new cryptographic primitive called Nil Message Compute (NMC).

Nillion allows nodes in a decentralized network to work in a unique, non-blockchain, way.

While Nillion represents a revolutionary leap from a predecessor technology known as Secure Multi-Party Computation (SMPC), unlike SMPC, network nodes do not have to communicate with one another. Unlike blockchain, nodes do not run immutable ledgers designed to store transaction data.

In summary, Nillion:

  • Introduces a decentralized way to store and process private information
  • Renders traditional encryption obsolete
  • Enables the creation of a Meta Layer that supercharges and connects existing blockchains (e.g. decentralized secure enclaves, interoperability and more)
  • Enables significant new real world, decentralized applications
  • Is Post Quantum as it uses 'encryptionless' technology called Information Theoretic Security.

Details

IEO (Coinlist Launchpad): Jun 19, 2024 - Jun 26, 2024
Token supply: 1,000,000,000 NIL
Raised: 25,000,000 USD

Legal

Blockchain Platform: Ethereum

Token info

Ticker: NIL
Token standard: ERC-20
Token price in USD: 1 NIL = 0.4 USD
Accepted currencies: USDC, USDT
Token distribution:
Core Contributors - 20%
Early Backers - 21.5%
Community - 20%
Ecosystem & Partners - 21%
Treasury - 17.5%

Nillion Roadmap

1
PHASE 1 | Genesis Sprint

A four week public testnet focused on load testing the network, limited functionality has been enabled such as wallet creation, token transfers, staking, on-chain governance, and performance evaluation.

2
PHASE 2 | Catalyst Convergence

Integration of the Petnet for enhanced processing, connecting with the mainnet Coordination Layer, as well as beginning to onboard external nodes.

3
PHASE 3 | Hardening

Full production launch with secure data storage, blind computation, real transactions, demonstrating the network’s full capabilities and resilience.

4
PHASE 4 | The Multicluster Future

Focusing on horizontal scaling by introducing new clusters to meet diverse computational and security needs, expanding the marketplace for Blind Computation.

Project team

Conrad Whelan
Conrad Whelan
Founding CTO
Conrad Whelan linkedin
Lindsay Danas Cohen
Lindsay Danas Cohen
General Counsel
Lindsay Danas Cohen linkedin
Andrew Masanto
Andrew Masanto
Co-Founder
Andrew Masanto linkedin
Matías Fontanini
Matías Fontanini
Senior Software Engineer
Matías Fontanini linkedin
Stefan Vojnic
Stefan Vojnic
Legal Operations Manager
Stefan Vojnic linkedin
Amro S.
Amro S.
Director of Strategic Operations
Amro S. linkedin
Alex Page
Alex Page
Founding Chief Executive Officer
Alex Page linkedin
Roel Nuyts
Roel Nuyts
Head of Product
Roel Nuyts linkedin
Pedro O.
Pedro O.
Director of Finance
Pedro O. linkedin
Lukas Bruell
Lukas Bruell
Founding Team
Lukas Bruell linkedin
Tristan Litré
Tristan Litré
Director of Crypto
Tristan Litré linkedin
Wicher Malten
Wicher Malten
Cryptography Research Engineer
Wicher Malten linkedin
Manuel Santos
Manuel Santos
Cryptography Engineer
Manuel Santos linkedin
Memo (Mehmet) Ugurbil
Memo (Mehmet) Ugurbil
Cryptography Engineer
Memo (Mehmet) Ugurbil linkedin
Juan Miguel Salamanca
Juan Miguel Salamanca
Senior Software Engineer
Juan Miguel Salamanca linkedin
Arianna C.
Arianna C.
Finance Manager
Arianna C. linkedin
Charlie Rogers
Charlie Rogers
Head of Community
Charlie Rogers linkedin
Mark McDermott
Mark McDermott
Chief Operating Officer (Interim)
Mark McDermott linkedin
Andrew Yeoh
Andrew Yeoh
Founding Chief Marketing Officer
Andrew Yeoh linkedin
Femi Bankole
Femi Bankole
Decentralized Infrastructure Engineer
Femi Bankole linkedin
Jonathan Mercier-Ganady
Jonathan Mercier-Ganady
Senior Software Engineer
Jonathan Mercier-Ganady linkedin
Jeff Wolski
Jeff Wolski
Infrastructure Engineer
Jeff Wolski linkedin
Nathalie Regnault
Nathalie Regnault
Researcher in mathematics on new cryptographic SMPC protocols
Nathalie Regnault linkedin
Claire Kelly
Claire Kelly
Director Of Engineering
Claire Kelly linkedin
Pablo Hernández López
Pablo Hernández López
Senior Software Engineer
Pablo Hernández López linkedin
Federico Gimenez
Federico Gimenez
Senior Blockchain Engineer
Federico Gimenez linkedin
Miguel de Vega
Miguel de Vega
Chief Scientific Officer
Miguel de Vega linkedin
Roisin Kavanagh
Roisin Kavanagh
Head of People and Talent
Roisin Kavanagh linkedin
Andreas Abros
Andreas Abros
Senior Software Engineer
Andreas Abros linkedin
Nick Ruan
Nick Ruan
Marketing
Nick Ruan linkedin
Michael King
Michael King
Independant board director
Michael King linkedin
Sergio Medina Toledo
Sergio Medina Toledo
Chief Architect
Sergio Medina Toledo linkedin
James Williams
James Williams
Talent Acquisition Manager
James Williams linkedin
Omar Hamed
Omar Hamed
Community Manager
Omar Hamed linkedin
Nathan M.
Nathan M.
Founding Head of Community & Growth
Nathan M. linkedin

Advisors

Marcos Allende López
Marcos Allende López
Marcos Allende López linkedin
David Shuttleworth
David Shuttleworth
David Shuttleworth linkedin

Social media

Nillion web-siteNillionYouTubeNillion TelegramNillion LinkedInNillion X (Twitter)Nillion FacebookNillion Discord

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