Binance plans to launch trading support for new native assets in distributed networks focusing on secure data storage.
Binance LaunchPool, which allows users to pile coins to farm new assets, says its 65th project is Nillion (NIL), a secure computing network that distributes the trust of high value and private data.
I’ll explain the project,
“Nillion is humanity’s first blind computer. It is a whole new category of distributed networks designed for the future of AI and the Internet. Nillion enables new applications by providing storage and calculations with high value encrypted data without looking at it. Users, apps, or businesses, your data will always be yours.
Between March 21st and 24th, Binance users can lock Crypto Exchange Platform native assets, BNB, and Stablecoins First Digital USD (FDUSD) and USDC, to receive NIL airdrops.
After that, Top Global Crypto Exchange will list its assets on March 24th. Binance attaches a seed tag to the NIL. NIL applies to hypofluid projects that may exhibit higher volatility compared to other listed tokens.
Binance requires users who own the asset using seed tags to make sure they are aware of the risk before trading tokens to pass quizzes every 90 days.
Generated Image: Midjourney
