Investment Spotlight: How Silencio is Revolutionizing Noise Pollution Management with Decentralized Intelligence
Decentralized Physical Infrastructure Networks (DePINs) use token rewards for crowdsourcing the build out of real-world physical infrastructure networks. DePIN has two main sub-sectors: physical resource networks and digital resource networks. Physical resource networks incentivize participants to leverage hardware to offer real-world services, such as wireless, energy, geospatial, and sensors. Digital resource networks incentivize participants to utilize software to offer digital resources, such as computing, storage, AI, and bandwidth.
Silencio is a fantastic example of the qualities we find most exciting in DePIN. Silencio is transforming how we understand and manage noise pollution. They have built what is now the world’s largest decentralized environmental intelligence platform focused on noise. Silencio’s innovative approach involves turning everyday smartphones into noise sensors, thereby democratizing data collection. With a global footprint spanning over 180 countries and more than 560,000 sensors, Silencio has effectively built a vast, real-time noise monitoring network. This network not only maps urban and rural soundscapes but also engages a community of contributors who are incentivized through the $SLC token system for their data contributions.
Silencio’s approach to noise pollution through a decentralized network of smartphone sensors represents a groundbreaking shift from traditional, costly, and less scalable methods. By turning everyday devices into environmental sensors, Silencio not only reduces infrastructure costs but also exponentially increases the coverage and frequency of noise data collection, offering a real-time, global perspective on noise pollution.
Silencio’s data has multiple applications, from aiding urban planners in designing quieter cities to helping real estate markets evaluate property values more accurately based on environmental noise levels. Potential partnerships with governments, city councils, real estate companies, and even automotive industries looking to reduce noise from vehicles could open up numerous revenue streams. The data can also be crucial for health applications, environmental litigation, and smart city projects, all of which are growth areas.
Being the first fully on-chain DePIN project on the peaq blockchain (an MV Capital portfolio company) gives Silencio a technological edge. Blockchain ensures data transparency, security, and immutability, which are critical for trust in environmental data. As AI and machine learning technologies evolve, predictive analytics based on Silencio’s data could lead to new service offerings, like forecasting noise patterns for urban planning or personalized noise mitigation solutions.
Silencio is poised to lead the charge in making cities quieter and healthier, leveraging technology, community, and a proactive market approach. The combination of these factors makes a strong bull case for Silencio, suggesting not only growth potential but also the opportunity to significantly impact environmental health on a global scale.
In the future, we believe Silencio has the ability to leverage their current sensor network to expand beyond noise, into utilizing the full array of sensors our phones can offer. The TAM for this opportunity is many orders of magnitude higher than the noise market and one we believe that the market has yet to recognize.
Silencio recently raised $2.5m at a $40m valuation from MV Capital, Blockchange Ventures, Advanced Blockchain AG, and others. The team is targeting a late January launch. With their upcoming launch, we are excited to continue to support Silencio on their journey forward.
About MV Global
Established in 2019, MV Global has emerged as a force in the Web3 landscape focused on early-stage investments and venture building. Our mission is clear: to partner with mavericks, visionaries, and free thinkers to leverage blockchain-enabled technologies to build for the future.
