# MindWaveDAO (NILA): D-Score 23/100 — Centralized Leaning

**BlockIndex D-Score: 23/100 (Centralized Leaning).** MindWaveDAO (NILA) is a Layer 2 cryptocurrency using Other consensus. MindWaveDAO (NILA): BEP‑20 governance token bridging Bitcoin yield, reinsured Layer‑2 orchestration and AI‑driven climate finance.

_Source: https://blockindex.ai/coin/nila · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 23 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 16 |
| Age and history | 7 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: Other (N/A)
- Launch: Other
- Founder: N/A
- VC funded: No
- Max supply: 1,057,021,569
- Circulating: 842,766,177 (79.7%)

## Market data (as of 2026-06-19)
- Price: $0.08
- Market cap: $66.33M
- 24h volume: $220,346.6
- 24h change: -0.02% · 7d change: +0.23%

## About
MindWaveDAO (NILA) presents itself as an interoperable Web3 initiative designed to bridge tokenized environmental finance, adaptive insurance constructs, and AI-driven governance tools. At its core, NILA is positioned as a governance and economic substrate that combines an on-chain BEP-20 token footprint with references to Bitcoin-based yield engineering and a reinsured Layer‑2 orchestration model. The project emphasizes multi-vertical integration — notably AdTech, InsurTech, AI Governance and ClimateTech — and frames its token utility around aligning commercial incentives with measurable environmental and social impact. Corporate activity documented in the provided materials includes a reverse merger with a publicly listed company (APUS), an action the project frames as strengthening institutional treasury capabilities and regulatory alignment for the broader ecosystem.

Technically, the NILA token circulates on BNB Smart Chain as a BEP-20 contract (contract shorthand shown as 0x00f8...e2E41f). Project literature and market snapshots emphasize an interoperable architecture: while the token itself lives on an EVM-compatible network, MindWaveDAO describes a Bitcoin-based yield backbone and a reinsured Layer‑2 orchestration intended to support scalable insurance-like primitives and cross-vertical product flows. The documentation supplied does not include source repositories, code language disclosures, or detailed protocol-level specifications for the Layer‑2 orchestration; consequently, the token is best understood as an application-layer governance token that leverages existing L1/L2 infrastructure rather than as an independent layer‑1 blockchain.

From a tokenomics standpoint, the project reports a maximum supply of approximately 1.057 billion NILA with a circulating supply near 842.77 million (≈79.73% of max) as shown in market snapshots. Price and market metrics captured in the sources include a recent price of $0.08061 and a market capitalization in the order of $67.94M, with 24‑hour volume around $296K. Historical price extremes appear in the scraped data (an All‑Time Low recorded in late September 2025), illustrating pronounced volatility during the period covered by the sources. Explicit allocations, premine percentages, public initial percentages (PIP), and full allocation waterfalls were not documented in the supplied materials and therefore cannot be validated here.

Governance descriptions in the source material are intentionally high level: NILA is described as a governance substrate and carries the DAO moniker in its branding, but no on‑chain governance rules, token‑voting mechanisms, or treasury timelock parameters are present in the scraped artifacts. The project has undertaken a corporate reverse merger with APUS (press releases dated December 1 and December 10, 2025 are included in the material), which indicates a significant corporate/market-facing step that may change reporting and treasury governance behavior. Community governance, CEO/executive disclosures, and VC funding details are either absent or ambiguous in the provided sources, and so those elements remain unverified in this summary.

Operationally and ecosystem‑wise, the provided extracts list integration with third‑party services (for example Chainlink referenced as an oracle), developer/wallet compatibility signals (Electrum compatibility mentioned in a Ledger compatibility context), and market visibility on data aggregators (CoinMarketCap and CoinGecko). Wallet support footprints and exchange listings are documented in the enhanced wallet/exchange data: Ledger, Electrum, MyEtherWallet (mew), MetaMask and Phantom are named as supported wallets and the token is reported on major centralized exchanges (Binance, Coinbase, Kraken, Bybit, Bitget) and at least one DEX (PancakeSwap). These listings and integrations reflect an ecosystem posture oriented toward both retail liquidity and institutional visibility post‑merger.

## Links
- Website: https://www.mindwavedao.com/home/
- Whitepaper: N/A
- GitHub: N/A

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore