• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Silencio Network: Record $112 Million in Allocation Requests, Exceeding Target by 220x

user avatar

by Giorgi Kostiuk

a year ago


Silencio Network, the largest noise intelligence platform, set a historic record with $112 million in allocation requests through its partnership with Legion, exceeding its target by 220 times.

Successful Growth Strategy

Despite receiving $112.7 million in allocation requests, Silencio accepted only $1.3 million, highlighting its focus on community incentives. This strategy helps in building a sustainable foundation for long-term network growth.

This isn’t just a milestone for Silencio; it’s a defining moment for the DePIN space.Thomas Messerer, CEO and Co-Founder of Silencio Network

Significance of the $SLC Token

The $SLC token, governed by the BlockSound Foundation, is at the heart of Silencio's ecosystem, rewarding contributors and supporting sustainable network development. The upcoming Token Generation Event will provide new opportunities for ownership and engagement.

The Future of DePIN

The DePIN market is projected to grow to $3.5 trillion by 2028. Silencio is playing a key role in shaping the future of decentralized physical infrastructure networks, offering solutions for major global issues like noise pollution.

Silencio Network showcases impressive results, highlighting a growing interest in decentralized solutions and setting a trend for the future development of DePIN.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Potential Recovery for PEPE Token After Recent Drop

chest

Following the recent drop, the PEPE token is testing a critical resistance level that could signal a recovery.

user avatarLuis Flores

PEPE Token Price Drops Below Key Support Level

chest

The PEPE token has experienced a significant drop, falling over 40% since mid-October, breaking below a critical support area.

user avatarDavid Robinson

VeChain Price Experiences Significant Fluctuations Ahead of Major Upgrades

chest

VeChain's price dropped 2.68% in 24 hours but gained 5.99% over the past week as it prepares for critical upgrades.

user avatarMaria Gutierrez

ChartNerd Highlights XRP's Multimonth Support as Key Factor

chest

ChartNerdTA highlights the significance of XRP's multimonth support zone, suggesting it is crucial for maintaining bullish projections and could lead to a price target of 8 if the support holds.

user avatarArif Mukhtar

Staked Solana ETFs Experience Significant Inflows Despite Price Drop

chest

Staked Solana ETFs have seen strong inflows of over $419 million in November 2023, despite a decline in SOL's price.

user avatarZainab Kamara

Central Asian Nations Expand Digital Asset Frameworks

chest

Central Asian countries, including Turkmenistan and Kyrgyzstan, are advancing their digital asset regulations to support investment and innovation.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.