Binance announced the listing of its new project Nillion (NIL) on its Launchpool platform, offering users a golden opportunity to earn NIL tokens for free by staking BNB, FDUSD, and USDC.
Nillion (NIL) is one of the most promising projects in the blockchain space, aiming to create an innovative decentralized network for processing encrypted data without the need to decrypt it, thus providing unprecedented levels of privacy and security. The project relies on 'Blind Computing' technology, which enables data processing with complete confidentiality, making it ideal for financial, medical, and even AI applications.
In this article, we will detail the NIL project, how you can benefit from Launchpool to earn the currency before its official listing on Binance, and why this project could be a new revolution in the blockchain world.
What is the Nillion (NIL) project?
Nillion is an advanced decentralized network that relies on new technologies aimed at enhancing data privacy and protecting it from any potential breaches. Unlike traditional blockchain networks that depend on Proof of Work (PoW) or Proof of Stake (PoS) mechanisms, Nillion introduces a new concept called 'Secure Multi-Party Computation' (MPC), which is an approach that allows data processing without revealing its actual content.
The network relies on the Petnet engine, which segments and distributes data across multiple decentralized nodes, making it impossible for any single entity to access the complete data or unveil its content. This system is considered an ideal solution for many applications, such as:
✅ Secure digital payments: where transactions can be completed without revealing financial account details.
✅ Data analysis in AI: where AI models can be trained on sensitive data without violating its privacy.
✅ Storing medical records: where doctors can access encrypted patient data without needing to decrypt it.
✅ Digital Identity Management: Enabling users to control their personal information without compromising their privacy.
All these advantages make Nillion a revolutionary project that could change the way encrypted data is processed and utilized in the future.
NIL Listing on Binance – Full Details
Binance announced that the NIL token will be the sixty-fifth project on Launchpool, providing users with the opportunity to earn NIL tokens for free by staking supported cryptocurrencies on the platform. Here are the key details about the listing:
Trading Start Date
⏳ March 24, 2025, at 13:00 UTC
Available Trading Pairs:
✅ NIL/USDT
✅ NIL/BNB
✅ NIL/FDUSD
✅ NIL/USDC
✅ NIL/TRY
Supply Details
🔹 Initial circulating supply: 195,150,000 NIL (19.52% of total supply)
🔹 Total supply: 1,000,000,000 NIL
🔹 Annual inflation rate: 1%
Launchpool Rewards
🎁 35,000,000 NIL (3.5% of total supply)
How to earn NIL for free through Launchpool?
If you're looking to earn NIL before trading begins, you can take advantage of the Launchpool opportunity and start staking your digital assets to earn daily rewards. The process is very simple, consisting of the following steps.
1️⃣ Lock BNB, FDUSD, or USDC in Launchpool on Binance via the official platform.
2️⃣ You will start earning NIL tokens based on the amount of staking you put in the platform.
3️⃣ Rewards will be distributed daily according to your contribution ratio in each staking pool.
📌 Farming Period
⏳ March 21, 2025 (00:00 UTC) – March 23, 2025 (23:59 UTC)
📌 Total Daily Rewards
💰 11,666,666 NIL
📌 Maximum hourly per user
🔹 BNB Pool: 38,888 NIL
🔹 FDUSD Pool: 4,861 NIL
🔹 USDC Pool: 4,861 NIL
⚠️ Important Alert: Users must complete identity verification (KYC) via Binance in order to participate in farming.
Why is the Nillion project revolutionary?
Maximum security and privacy
Nillion does not rely on traditional blockchain but offers a more secure and private alternative through MPC technology, allowing data processing without the need to decrypt it, which prevents any attempts at data breaches or manipulation.
Unprecedented technological innovation
The nilVM platform allows developers to create applications that maintain data confidentiality using a programming language compatible with Python, facilitating the integration process across various technological sectors.
New solutions for multiple sectors
The Nillion network features unique capabilities that make it beneficial for many fields, such as fintech, medicine, artificial intelligence, and encrypted data analysis, giving it a significant competitive advantage in the market.
Strong support from Binance and investors
The project enjoys strong backing from prominent investors in the technology and cryptocurrency fields, as well as increasing interest from developers and major companies looking to leverage its technologies.
Is NIL an investment opportunity worth considering?
With NIL listing on Binance, the currency is expected to see an increase in value with rising demand. Several factors make NIL an interesting investment option:
✅ Revolutionary technology providing unprecedented privacy solutions.
✅ A project backed by Binance, granting it significant credibility.
✅ Vast growth and adoption potential across various sectors.
✅ An opportunity to earn the currency for free via Launchpool, reducing initial investment risks.
However, every investor should conduct their own research and ensure they understand the risks associated with investing in cryptocurrencies before making any decisions.
Conclusion
Seize the opportunity before it's too late! With the listing date for NIL on Binance approaching, the golden opportunity to participate in Launchpool and earn NIL for free before the official trading begins stands out. If you are interested in investing in an innovative project focused on privacy and security, Nillion may be the perfect choice for you. Don’t miss the chance – start farming on March 21 and be part of the future of decentralized computing!
NIL Token Project (Nillion) | Coming to Binance Platform 24/03
$NIL