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On-chain DePIN project Silencio Network completes $2.5 million seed round financing

DePIN project Silencio Network completed a $2.5 million seed round of financing, led by Blockchange Ventures, with participation from Borderless Capital, Master Ventures, Blockchain Founders Fund, Prosper GmbH & Co. KG, and Advanced Blockchain AG. This financing round was conducted on top of the $1 million raised earlier this year. Silencio's mission is to decentralize data collection and ensure that value flows directly to users through everyday devices.

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