The Ups & Downs Of DePIN
One of the most alluring attractions of the DePIN sector is the potential for passive income. In most cases, simply downloading a dApp or browser extension is sufficient. Mobile applications are likely to require a daily visit or two. However, browser extensions mine points in the background, provided the device is operational. These points contribute to regular airdrop allocations, which typically occur at multi-month intervals.
This, unfortunately, is one of the downsides of DePIN. Waiting four to nine months to realize earnings can be frustrating. However, the upside is that this provides a nice lump sum, and if you are utilizing multiple DePIN applications and protocols, you simultaneously increase the frequency of your payouts. There are, however, DePIN projects that enable users to withdraw earnings as they are earned, as well as on a monthly basis.
This is where Silencio comes into the picture. The initial Silencio airdrop occurred several months ago, and I must admit that I missed out on maximizing this opportunity. Had I been more focused on recording noise pollution, I could have earned a much larger airdrop. However, earning SLC tokens remains possible through the current monthly raffle system. Users earn tickets by recording noise pollution, which are then converted to SLC at the beginning of each month.
Additionally, free daily raffle tickets are available each day for simply using the application. It is worth noting that Silencio’s SLC token is currently trading on major exchanges, including Gate.io. I recently decided to increase my recording sessions, as it’s as simple as activating a recording on my smartphone and letting it run. Noise recordings cannot exceed 30 minutes per session. However, they can be shorter.
This article was first published on Sapphire Crypto.
