Nillion (NIL) is a secure computing platform that protects data privacy, making it suitable for personalized AI and encrypted databases. The founding team includes Andrew Masanto (co-founder of Hedera Hashgraph) and experienced members from the blockchain and investment banking sectors. The project has raised a total of $45 million across six funding rounds, with major investors such as HashKey Capital, GSR, and AU21 Capital, according to icodrops.com.

The NIL token is used for network fees, staking, and other utilities within the ecosystem. The current circulating supply is 195.15 million tokens, with a total supply of 1 billion tokens, and the current price is approximately $0.71. Token distribution details have not been clearly disclosed on Nillion’s official website, but information from CryptoRank.io indicates that the ICO round sold 50 million tokens at $0.40 each, raising $20 million. Earlier investment rounds also raised $20 million, though the token sale prices were not disclosed.