According to Odaily Planet Daily, the decentralized public network Nillion announced on the social media platform X that the community round allocation tokens have been issued. Nillion will also launch more community-oriented plans, so stay tuned for a broader Series A token sale announcement.
Previously, Nillion Network has launched its NIL token issuance on the Coinlist platform. The community round financing valuation is US$400 million, and it will provide exactly the same (or higher) token supply percentage as the A round. The purchase period is from 1:00 on June 20, 2024 to 1:00 on June 27, 2024.
The sale will offer 35 million NIL (3.5% of total supply), with the TGE expected in late August 2024.