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About Nillion
NIL is the native utility token of Nillion, a decentralized network designed for private computation and storage. Known as a 'Blind Computer,' the network utilizes Privacy-Enhancing Technologies (PETs) to allow data processing and storage without exposing the underlying information. The NIL token is used for network fees, staking to secure the network, and participating in on-chain governance. It facilitates access to specialized modules such as encrypted databases (DB) and privacy-focused AI inference platforms (AIVM).
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