Nillion Incentivized Testnet airdrop guide

Nillion is developing a core infrastructure designed to integrate various privacy-enhancing technologies, enabling decentralized AI data processing while ensuring privacy. Recently, they launched an Incentivized Testnet on the Cosmos SDK and initiated an early access NFT whitelist campaign. Here’s what you need to know.

What is Nillion?

Nillion is a secure computation network designed to decentralize trust for high-value data, similar to how blockchains decentralized transactions. Handling such data traditionally involves challenges like secure storage, inefficiency, security risks of decrypting data for computation, and complexities in decentralized data management. Nillion addresses these issues by leveraging privacy-enhancing technologies such as Multi-Party Computation (MPC). This technology allows for secure storage and computation on masked data without decryption, enhancing data security and enabling new use cases like private predictive models and secure solutions for healthcare and trading data.

Key Features

Nillion aims to build a comprehensive infrastructure that integrates various privacy-enhancing technologies, including zero-knowledge proofs and fully homomorphic encryption. This stack addresses the increasing risks of data breaches in AI development by enabling secure, private computations on the blockchain.

• Blind Computation: A system of nodes uses privacy-enhancing technology to decrypt information without actually reading it, similar to zero-knowledge proofs.
• Orchestration Layer: A unique layer coordinates all privacy-enhancing technologies, breaking down the silos that currently exist between them.

These features position Nillion as a groundbreaking project in AI and blockchain privacy.

What Makes Nillion the Best Airdrop?

Nillion’s airdrop stands out for several reasons:

1. Innovative Technology: Nillion is the first project to offer a complete solution integrating various privacy-enhancing technologies.
2. Experienced Team: The project boasts a team with impressive credentials, including founding engineers from Uber and leaders from companies like Indiegogo and Nike.
3. Engaging Campaign: The Nillion test net campaign, particularly the “Nil Pill” quest, is informative and engaging, making participants genuinely understand and care about privacy issues.
4. Fair Allocation: The community round is priced at the same valuation as private rounds, offering participants a fair opportunity to invest alongside angel investors and VCs.

Nillion’s Funding Insights

Nillion has successfully raised $20 million in a recent funding round, demonstrating strong investor confidence in their vision and technology. Although they have not disclosed their equity valuation, the substantial investment highlights the potential and credibility of their project. The experienced team, including the founding engineer from Uber, a co-founder of Dera, the founder of Indiegogo, and the Innovation Lead from Nike, is well-poised to address critical issues of AI privacy and drive Nillion’s mission forward.

Step-by-Step Guide to Participate in the Airdrop

1. Nill Pill Quest

1. Visit Nill Pill: Go to the Nill Pill page, click “Take the Pill”, and provide your ERC-20 wallet address.
2. Watch the Videos: Start with the Nill Pill quest by watching three short videos explaining the importance of AI privacy and Nillion’s vision.
3. Complete the Quiz: After watching, take a quiz to test your understanding. The answers for each quiz are: Quiz 1: B, C, A; Quiz 2: B, B, C; and Quiz 3: C, C, B. Some responses will need to be in your own words.
4. Save the Code: After the quiz, you will receive a code, which might be used for future NFT minting or whitelisting.

2. Set Up for the Testnet

1. Add Nillion to Kepler Wallet: Go to chains.keplr.app, search for Nillion, and add it. Click “Manage” and tick the box to see your balance.
2. Claim Testnet Tokens: Use the Testnet faucet to get Nillion tokens. Avoid over-spamming to stay safe.
3. Transfer Tokens: Send the tokens to another wallet address. You can find an address from the Testnet Explorer by selecting any transaction hash on the Transactions tab, or you can use this address: nillion1dls7x2ndtg8axzz4cx735ec9j8s0s5txta0krg.
4. Stake Your Tokens: Delegate your Nillion tokens to a validator through ping.pub. Any validator will do, but it is recommended to select polkachu.com and Lavender.Five.Nodes.

3. Install Nillion SDK and Enable Telemetry

1. Install the SDK: Run five commands in your terminal (or use a VPS). For detailed instructions, visit Nillion SDK and Tools. If you encounter any errors, consult ChatGPT.
2. Enable Telemetry: Replace the placeholder in the command with your Ethereum wallet address used in the Nill Pill quest. Ensure the setup is successful by confirming the appearance of specific configuration data.

4. Participate in Zealy Quest

Engage with Nillion’s social media-related Zealy Quest to further immerse yourself in the community and increase your chances of receiving rewards.

5. Stay Updated

Keep an eye on updates, especially about potential NFT minting and community round participation on June 19th. Ensure you have a CoinList account (not available in the US or Canada) and complete KYC to participate.