🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Hello, pros. Good afternoon. At 9 PM Beijing time tonight, the Gate.io exchange will be listing NIL. Let's take a look at the relevant information together.
1. **Project Situation**
- Decentralized blind computing network, combined with multi-party computing (MPC), homomorphic encryption (FHE) and other technologies, realizes the encrypted storage and computing of high-value data (such as AI agents and financial transaction data) and solves the privacy problem of blockchain. - The mainnet will be launched on March 24, 2025, using a two-layer architecture (NilChain coordination layer + Petnet computing layer) to support cross-chain interoperability.
2. **Token Issuance**
- Total supply: **1 billion NIL**, initial circulation 19.52% (approximately 195 million).
- Allocation: Community 20%, Ecological Development 29%, Early Supporters 21%, Core Contributors 20%, etc.
3. **Investors and Financing**
- Total financing exceeded $50 million, with the seed round led by Distributed Global ($20 million), and Hack VC leading $25 million in October 2024, supported by Arbitrum, Worldcoin, and others.
4. **Airdrop and Exchange**
- Airdrop of 75 million tokens (accounting for 7.5%), covering validators, developers, and community contributors.
- The token NIL will be listed on 2 exchanges on March 24, 2025, and will participate in Launchpool mining.
5. **Other Information**
- The initial circulating tokens include airdrop and community unlock portions, with a public offering valuation of $400 million (CoinList sold 35 million tokens).
- The wallet address data has not been explicitly disclosed; real-time information can be obtained from on-chain tools or exchange announcements.
Kuanzi believes that this mode is better than transferring via uid.