Silencio Network Ramps Up Token Burn Initiative in Bid to Drive Scarcity
Silencio Network Ramps Up Token Burn: In an industry where supply control can be as pivotal as innovation itself, Silencio Network has once again taken decisive action to reduce its token circulation.
The community-driven noise pollution data platform confirmed it has executed another weekly burn of its native $SLC tokens a strategy aimed squarely at creating scarcity in the market.
“Yesterday, we burned a total of 44,372,211 $SLC tokens. That’s five weeks of consistent supply reduction tracked on-chain. No fluff,”
the Silencio Network team announced via its official channels.
This marks yet another chapter in Silencio Network’s ongoing “Alpha Burn” program a deliberate initiative to trim down its token supply in response to growing investor demands for enhanced scarcity, a move commonly seen in the cryptocurrency world to potentially boost token value over time.
What Is Silencio Network?
For those unfamiliar, Silencio Network operates as a community-powered, crowdsourced platform dedicated to mapping global noise pollution levels.
It leverages blockchain technology to reward users who actively collect and submit noise data, thereby creating a decentralized environmental monitoring network.
At the heart of this system is its native token, SLC, which facilitates reward distribution and serves as the network’s primary medium of exchange.
Dissecting the Tokenomics
A key feature of the Silencio Network is its transparent and community-centric tokenomics model:
Community Allocation: 51% of the total supply (51 billion SLC) is reserved for community incentives.
Core Contributors: 17% (17 billion SLC) is assigned to development teams and early contributors.
Investors: 11% (11 billion SLC) is earmarked for investors backing the project’s early growth.
CEX/DEX Liquidity: 7% (7 billion SLC) ensures liquidity on centralized and decentralized exchanges.
Ecosystem Development: 14% (14 billion SLC) is designated for expanding and strengthening the platform’s ecosystem.
To date, Silencio has raised approximately $4.87 million across multiple fundraising rounds:
Pre-Seed Round: $1 million (February 2024)
Seed Round: $2.5 million (December 2024)
Initial Exchange Offering (IEO): $70,000 (January 2025)
Platform Features & Token Utility
Beyond token burns, Silencio Network offers several innovative features designed to enhance data collection and user engagement:
Hexagons: A geospatial index framework enabling precise noise pollution mapping.
Noise Coins: In-app points that users earn for contributing data, later redeemable for SLC tokens.
Leagues and Levels: A gamified ranking system categorizing contributors based on participation, affecting their token rewards eligibility.
The SLC token functions as a decentralized currency within this ecosystem, incentivizing users and facilitating transactions tied to environmental data.
Burn Progress and Market Impact
So far, Silencio Network reports it has successfully burned over 1.24 billion $SLC tokens, valued at approximately $317,842 USD.
This process is verifiable on-chain and through analytics platforms like Dune.
“This isn’t a one-time burn. It’s part of our ongoing Alpha Burn program,” the company reiterated.
Yet, despite the aggressive supply reduction, market performance has been mixed. As of the latest trading data:
Current Price: Between $0.000225 and $0.00023259
24-hour Volume: Ranging from $68,138 to $164,160
24-hour Price Change: -0.22% to -2.81%
7-day Price Change: -11.22% to -11.30%
30-day Price Change: +169.41% to +185.71%
Market Capitalization: $5.87 million to $6.02 million
Circulating Supply: 17.42 billion to 25.92 billion SLC
Maximum Supply: 100 billion SLC
SLC is actively traded on platforms like MEXC, KuCoin, and CoinCarp, although as with all cryptocurrencies, prices remain highly volatile.
Can the Burn Strategy Push SLC to $0.10?
The big question among token holders and observers alike: Can this aggressive token burn strategy propel SLC towards the elusive $0.10 mark?
For now, that seems ambitious. Given its current price range, such a leap would require not just continued burns but also substantial user adoption, ecosystem growth, and perhaps broader crypto market momentum.
Still, Silencio Network’s steady commitment to transparency coupled with visible, verifiable on-chain activity —offers investors a rare sense of accountability in a sector where promises often outpace delivery.
As the Alpha Burn program continues, all eyes remain on Silencio to see whether scarcity alone can become a catalyst for sustained value appreciation.
Disclaimer:This article does not constitute financial advice. Cryptocurrency investments are highly speculative and subject to significant volatility.
Investors are urged to conduct their own research before participating in any token sales or market activity.
Would you like me to turn this into a visual press-style blog post layout or a video script version too?
