Flight-Tracking DePIN Protocol Wingbits Raises $3.5M

Wing bitsa Stockholm-based protocol making a DePIN flight monitoring community constructed on the Solana blockchain mentioned it has raised $3.5 million in seed funding, led by Borderless Capital and Tribe Capital, along with Antler and angel buyers. In accordance with the crew: “Wingbits rewards the standard of information captured by antennas maintained by amateurs and fanatics. People are rewarded primarily based on efficiency, protection and uptime, and there are world leaderboards to match the very best performing antennas. By the tip of 2023, there have been 40 nodes on the Wingbits platform. Now there are nearly 2,000 nodes.”