• 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

Sign Partners with Sierra Leone for Digital ID System

chest

Sign has signed an MOU with Sierra Leone to build a blockchain-based digital ID system and stablecoin payment infrastructure.

user avatarAisha Farooq

Worldcoin Ordered to Delete 12 Million Iris Scans by Thai Regulators

chest

Thai regulators have ordered Worldcoin to delete over 12 million iris scans due to violations of national data privacy laws.

user avatarRajesh Kumar

Altcoins Gain Favor as Animoca's Yat Siu Predicts Outperformance

chest

Yat Siu, founder of Animoca Brands, predicts that altcoins will outperform Bitcoin as the gaming and metaverse sectors mature.

user avatarJesper Sørensen

Japan Bond Yield Reaches Critical 1% Mark, Indicating Major Monetary Shift

chest

Japan's two-year government bond yield has surged to 1%, the highest level since 2008, indicating potential monetary policy changes.

user avatarFilippo Romano

JPMorgan Faces Backlash Over Bitcoin-Backed Leveraged Products

chest

JPMorgan is set to introduce leveraged Bitcoin-backed notes by December 2025, sparking backlash from Bitcoin purists who accuse the banking giant of undermining Bitcoin's core value proposition.

user avatarLucas Weissmann

Recent Slowdown in Perpetual Futures Funding Rate Signals Caution for Crypto Traders

chest

The perpetual futures funding rate is showing signs of slowing growth, indicating weakening bullish bets in the cryptocurrency market.

user avatarEmily Carter

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.