Silencio raises $1 million in pre-seed funding round led by Borderless Capital to fight noise pollution

quick take

Silencio Network has secured $1 million in Pre-Seed Funding led by Borderless Capital to build the world’s largest noise level data bank. With exponential user growth and industry recognition, Silencio promises innovative solutions for the decentralized era, focused on DePIN and RWA projects and strengthened by a strategic partnership with Peaq blockchain for enhanced security and scalability.

Silencio Network aims to tackle noise pollution through the world’s largest decentralized data bank.

Environmental noise, commonly referred to as a ‘forgotten pollutant’, is now recognized as an environmental pollutant. public health issue This is a problem that needs to be solved in modern society.

that much silence network brag 92,000 smartphones Function as follows noise sensortry hard To solve the global noise pollution problem. Silencio, a free application, aspires to become the world’s largest citizen science project to tackle noise pollution.

When you use the app Users can share their ambient noise levels (dBA). and Get rewarded for your contributions. Users can also: monetize your data When sold. By using Silencio, individuals have the opportunity to: generate passive income While improving the quality of life for yourself and others

Silencio is hyper-local and your actual data, Which can be become commercialized for various industries including Real estate, gastronomy, hospitality, wellness, insurance, governance, urban planning, academic research.

With a wealth of data, Silencio hopes to drive meaningful results. Impact on the fight against noise pollution Improving the quality of life for millions of people around the world.

Silencio Network $1M pre-seed funding round

Silencio Network filed $1 million in pre-seed funding Rounds December 2023, the company told AlexaBlockchain. The funding was led by: A capital without bordersis a renowned investment management firm focused on Web3 technology.

This influx of investment marks a significant milestone for Silencio Network, which is redefining the scope of data by integrating peaq, a layer 1 blockchain specializing in Decentralized Public Infrastructure Network (DePIN) and Real Assets (RWA) projects.

Founded on the principles of leveraging the potential of blockchain, particularly the Peaq blockchain, Silencio Network aims to provide secure and scalable data management services. With a rapidly expanding user base and commitment to pioneering solutions, Silencio Network is positioned at the forefront of the DePIN sector within the blockchain landscape.

Thomas Messerer, CEO and Co-Founder of Silencio Networkexpressed passion for investment, emphasizing its significance beyond simple financial support. “This investment is more than financial support. This represents our shared belief in leveraging the power of blockchain for innovative data solutions,” said Messerer. “With the support of Borderless Capital, we are more powerful than ever before to push the boundaries of data coverage in the decentralized era.”

Silencio Network has been around since its inception. experienced exponential growth, We have seen our user base double. 92,000 Additional within one month 12,000 weekly users added (At the time of writing). The network boasts tremendous performance. 50% monthly participation rateThis is an astonishing figure, exceeding the industry standard of 2.5% by 20 times. This highlights the effectiveness of the DePIN model in facilitating data crowdsourcing.

surprisingly, Silencio Network collects data from a location twice the size of Miami. Each week, we showcase the network’s powerful data collection capabilities.

The network’s impressive performance has not gone unnoticed as it has recently been introduced. Messari Report One of the fastest growing DePINs This recognition highlights Silencio’s innovative approach and commitment to leveraging blockchain technology for noise level data.

According to the company, the decision Peak Blockchain Silencio Network’s strategic move ensures improved data security, scalability, and interoperability within the ecosystem.

As Silencio continues to expand its reach and redefine the data coverage paradigm, Borderless Capital’s investment positions the company to further grow and innovate in the distributed era.

Also Read: Wayru integrates with peaq to bridge the digital divide with decentralized internet access