According to Odaily, Nillion Network has officially announced the launch of its NIL token issuance on the Coinlist platform. The community round of financing is estimated to be valued at $400 million. The token supply percentage will be the same or higher than that of round A. The purchase period is set from June 20, 2024, at 1 am to June 27, 2024, at 1 am.
The sale will offer 35 million NIL tokens, which account for 3.5% of the total supply. The Token Generation Event (TGE) is expected to take place in late August 2024. This move by Nillion Network marks a significant step in its growth and expansion strategy.