NIL Token Steals the Spotlight in Q1 2025

Key Takeaways:

– NIL token launches on Binance with 35M tokens distributed via Launchpool.
– $0.40 ICO raised $20M; initial supply set at 195.15M NIL.
– Token supports staking, governance, and Blind Compute services on Nillion.
NIL Token Steals the Spotlight in Q1 2025

NIL Token Launches on Binance With 35M Tokens in Launchpool, marking the official debut of Nillion’s utility token across five trading pairs. The token supports staking, governance, and access to privacy-preserving compute services within Nillion’s decentralized infrastructure.

A total of 35 million $NIL tokens were distributed via Binance Launchpool from March 21–23, 2025, allowing users to stake BNB, FDUSD, or USDC. This follows a $20 million ICO on CoinList, where $NIL sold at $0.40 per token under a 12-month lockup.

With a 1 billion total supply and a 195.15 million initial circulating supply, $NIL plays a central role in coordinating Blind Compute operations and securing the network. Backed by Hack VC, Arthur Hayes, and a roster of prominent investors, Nillion is now focused on real-world integrations for AI, healthcare, and DeFi applications.

NIL Token Launches on Binance with 35M Tokens in Launchpool

Nillion has released a detailed overview of its tokenomics, fundraising rounds, and strategic partnerships, as the $NIL token officially went live on Binance and completed its public sale on CoinList.

The token is designed as a utility asset within Nillion’s privacy-first infrastructure, supporting staking, governance, and access to decentralized compute services.

$NIL tokenomics overview
$NIL tokenomics overview. Image via Nillion Post on X

The $NIL token enables coordination and access to Blind Compute services across Nillion’s infrastructure. Key functions include payment for computation, routing encrypted transactions, supporting network security through staking, and granting holders voting rights on governance matters.

MetricValue
Total Supply1,000,000,000 NIL
Initial Circulating Supply195,150,000 NIL (19.52%)
Annual Inflation1% (with deflationary offsets)
Binance Launchpool Allocation35,000,000 NIL (3.5%)
ICO Allocation (CoinList)50,000,000 NIL (5%)
Marketing Reserve25,000,000 NIL (2.5%)
NIL token distribution
$NIL token distribution breakdown. Image via Nillion Post on X

The project debuted on Binance Launchpool from March 21 to 23, 2025, allowing users to farm $NIL by staking BNB, FDUSD, or USDC. A total of 35 million $NIL tokens were distributed, with 80% allocated to the BNB pool and 10% each to FDUSD and USDC pools.

On March 24, Binance opened trading for $NIL across five pairs, including NIL/USDT, NIL/BNB, and NIL/TRY. The launch was promoted through Binance’s Vietnamese and global communities, helping build early liquidity and a wide holder base.

Backed by Hack VC and Arthur Hayes, Nillion Targets Privacy-First Deployments

Prior to the Launchpool campaign, Nillion conducted a public token sale on CoinList from June 19 to 26, 2024. The ICO offered 50 million $NIL at a price of $0.40 per token, raising $20 million.

Tokens sold under this offering were subject to a 12-month lockup followed by a 12-month linear vesting schedule. The sale was significantly oversubscribed, reflecting strong public interest in the project.

Nillion token vesting schedule
Nillion token vesting schedule over 48 months. Image via Nillion Post on X

To date, Nillion has raised a total of $52.7 million across several funding rounds. This includes $25 million secured during pre-seed and seed stages in 2022, $25 million raised in a Series A round led by Hack VC in Q3 2024, and an additional $2.7 million from strategic grants and builder-focused initiatives.

Nillion raises $50M in total funding
Nillion raises $50M in total funding, backed by Hack VC, GSR, Animoca, and others, including notable angel investors like Arthur Hayes and Meltem Demirors. Image via Nillion Post on X

Backers include firms such as HashKey Capital, Distributed Global, GSR, and AU21 Capital, as well as individual investors like Arthur Hayes, Meltem Demirors, and Ansem.

With the $NIL token now live and capital secured, Nillion is focused on scaling its ecosystem. The team plans to expand developer support, launch real-world integrations, and deploy privacy-first applications across sectors such as artificial intelligence, healthcare, and decentralized finance.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Rate this post

Other Posts: