SciDex Whitepaper

The SciDex Foundation does not take stakes in the invested startups.
Qualified startups will receive funding from the SciDex Foundation. In return, the SciDex
Foundation will take a share of the startup’s revenue generated from sales on the SciDex
MarketSpace. This shared revenue will be redistributed amongst the Trusted Members of the
SciDex community.
The following case study illustrates a SciDex Foundation investment:
Silencio is a startup in the early stages of development. They are developing a Software
Application for smartphones (App), that constantly measures the noise in the periphery of the
smartphone, while discarding any personal noise or conversations and having no impact on the
battery consumption.
Benefits for the users of the app:
1- Rank the level of background noise in their day-to-day life.
2- Alerts in case of excessive and unhealthy noise
Silencio developed technology and intellectual property that is unmatched, however, the
forecasted cost of further development and commercialization is significant. They decide to
apply to the SciDex Foundation investment model. The SciDex Foundation recognizes Silencio as
a potential candidate for investment due to the uniqueness of the outdoor and indoor
background noises data collected and decides to allow Silencio to move through the steps prior
to investment as described in the paragraphs above. After proper vetting, the voting parties
agree to have the SciDex Foundation invest into Silencio.
Following the investment in Silencio, the company will periodically index and maintain
representative datasets of their findings on the SciDex MarketSpace in order to provide
community members with valuable data.
For example, such data could serve:
⁃ Geo-marketing analysts running different studies for companies, such as Real estate
Agencies or Double-glazing companies.
⁃ Governmental researchers focused on noise cancelling solutions facilities in cities.
⁃ Health care companies, organizations or corporations in charge of analyzing the impact of
background noise on the population’s health.
8.3. The Investment & Subsidy System Compliance & Rules
As stated above, the main goals are:
⁃ Incentivize and subsidize data holders and data creators to adopt the SciDex
MarketSpace that would not be able to join the platform without it.
⁃ Provide the community with high quality Scientific data streams by investing in
promising startups.
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