• 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

UK Government Reviews Crypto Donations in Political Financing

chest

The UK government is reviewing the acceptance of cryptocurrency donations by political parties to improve trust in political financing.

user avatarTenzin Dorje

US Dollar Weakens Amid Dovish Fed Expectations

chest

The US dollar is experiencing a decline as markets anticipate a more accommodative monetary policy from the Federal Reserve.

user avatarElias Mukuru

British Pound Shows Resilience Against Major Currencies

chest

The British pound is maintaining its strength against major currencies, supported by a hawkish Bank of England and positive economic data.

user avatarMohamed Farouk

Key Factors Influencing HYPE Token Growth

chest

An exploration of the key drivers that could impact the price of the HYPE token in the coming years highlights the importance of platform adoption, trading volume, and regulatory developments.

user avatarDiego Alvarez

ASTER Token Jumps 15% After Partnership Announcement

chest

The ASTER token experienced a significant price increase of 15% in response to the partnership news.

user avatarKenji Takahashi

Lessons for Cryptocurrency Investors from AI16Z Situation

chest

The AI16Z situation highlights the need for transparency and due diligence in cryptocurrency investments, urging investors to conduct thorough research and stay updated with official announcements to avoid potential losses.

user avatarMaria Fernandez

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.