Decentralization Without Blockchain: Raised $20 Million

Nillion, which established a decentralized platform despite not using blockchain technology, received a seed investment of $ 20 million.

Nillion, which has established a decentralized platform, has a total of 10 companies including Distributed Global, Big Brain Holdings, Chapter One, GSR, HashKey, OP Crypto and SALT Fund. Received investment from 150 investors.

Nillion was founded by people who have also worked in the blockchain industry. Some of the company’s founders co-founded Uber, Indiegogo, and Hedera Hashgraph; some of them served as directors of Coinbase and Nike.

Nillion used the innovation of cryptography professor Miguel de Vega to build a decentralized platform without using blockchain.

David Gan, founder of OP Crypto, which invests in Nillion, said, “Nillion can create a new universe of blockchain that you never thought possible.” said.

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