HomeCrypto GamingFlight-Tracking DePIN Protocol Wingbits Raises $3.5M

Flight-Tracking DePIN Protocol Wingbits Raises $3.5M

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Wingbits, a Stockholm-based protocol making a DePIN flight-tracking community constructed on the Solana blockchain, mentioned it has raised $3.5 million in seed funding, led by Borderless Capital and Tribe Capital, alongside Antler and angel buyers. Based on the workforce: “Wingbits rewards the quality of data captured by antennas maintained by amateurs and enthusiasts. Individuals are rewarded based on performance, coverage and uptime, and there are global leaderboards to compare the best performing antennas. At the end of 2023, 40 nodes were on the Wingbits platform. Now, there are close to 2,000 nodes.”

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