Is Nillion a scam?

Asked about Nillion (NIL), market cap rank #855.

Short answer

Nillion (NIL) has been scored on isthiscoinascam.com and has a high score, indicating low scam risk based on the available data.

Source: isthiscoinascam.com · Updated 2026-06-07

Red flags raised

  • No hard cap on total token supply
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Less than 50% of supply is circulating
  • Upgradable proxy

Positive signals

  • High-quality whitepaper published in 2023.
  • Active GitHub repository.
  • Engaged community with over 10,000 followers on LinkedIn.

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