The world’s largest noise intelligence platform, Silencio Network, has set a record in Web3 and Decentralized Physical Infrastructure Networks (DePINs) with its $112 million in allocation requests.
This surpasses the platform’s $500,000 raise target by over 220x, thus highlighting the increasing interest in DePIN projects and demonstrating the high demand for real-world blockchain solutions.
Thomas Messerer, CEO and Co-Founder of Silencio Network, said:
“This isn’t just a milestone for Silencio; it’s a defining moment for the DePIN space. Our community-first approach resonated with people worldwide, proving that when you put users at the center of innovation, extraordinary things happen.”
The record success also demonstrates Silencio’s strategic positioning as a leader in solving real-life problems using blockchain technology, which is seen in its decision to accept only $1.3 million of the $112 million with priority on the community.
Silencio is also a leading pioneer in the DePIN industry, with operations in 180 countries and a network of 460,000 sensors. The network processes more than 100,000 daily transactions, making it the world’s most comprehensive noise intelligence database.
$SLC Token
The native token, $SLC, powers the Silencio Network. It is governed by the BlockSound Foundation and is used to reward contributors and scale the network sustainably. With a community-focused presale, the network allowed early adopters to determine its future.
Its much anticipated Token Generation Event (TGE), which is just weeks away, is expected to unlock new opportunities for ownership, engagement, and impact and empower users and enterprises to participate actively in Silencio’s mission.
Through Silencio’s innovative, smartphone-powered solution, the project intends to reduce the effects of noise pollution on the global economy and general quality of life. With democratized access to noise intelligence, Silencio offers a scalable pathway to creating quieter, healthier cities.
The presale is numbered among the largest-ever allocation initiatives in Web3 history. It sets it on the path to play a critical role in the DePIN market, which is expected to reach $56 billion to $3.5 trillion by 2028.