Nil DAO

Nil DAO

NIL
$0.019090151

Key Metrics

Price$0.019090151
Real Volume (24H)$0
MarketcapN/A
Fully Diluted Valuation$148,800
ATH$135.12
ATH Date11/2/2021, 7:56:56 AM
ATL$0.00125387
ATL Date10/30/2022, 8:21:35 PM
Circulating Supply2.4M
Total Supply3.7M
WebsiteN/A
WhitepaperN/A
Popularity Rank13682
Chart
What is Nil DAO?


Nil is a decentralized marketplace that aims to create a harmonious relationship between creators and collectors in the NFT ecosystem. The project seeks to provide a solution to the constraints imposed by centralized platforms that hinder the creator economy's growth.

NFTs have revolutionized the way value is created and distributed, freeing creators from traditional limitations. However, the centralized protocols that govern the creator economy limit the emergence of rising artists and decide who will benefit from their recommendations.

To address this issue, Nil is leveraging the power of decentralized technology to create a community-curated marketplace that operates under a DAO model, ensuring that it is 100% community-owned and driven. The platform uses EVM-compatible standards and operates under a DAO model.

Nil's approach to curation aims to extract signals from noise while offering a built-in audience for promising artists. This approach benefits both creators and collectors, as they can engage in a noiseless on-chain marketplace where they can safely develop fruitful connections.

The Nil DAO is a decentralized cooperative that leverages the Nil Protocol V1 to offer NFT enthusiasts the decentralized experience they deserve. The project's initial contributors are confident that the Nil fair launch will ignite a powerful federating movement serving creators worldwide.

At the core of Nil is the concept of creator ownership over their platform, combined with permissionless curation. By operating simultaneously on Nil, these parties unlock powerful leverage for participants, enabling curating activities that serve artists while offering them a considerable network of passionate collectors.

Nil's decentralized approach to NFT trading and minting empowers creators and collectors, ensuring a neutral playing field for all participants. As the platform expands to include solutions for various market verticals, including gaming, music, and fashion, among others, it aims to create a vibrant ecosystem that fosters the growth of the creator economy.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.

Try for Free

Top Assets

AssetPrice24HMcap
Loading...

We use cookies for personalization, social media, and analytics, and share usage data with partners.