Flight-Monitoring DePIN Protocol Wingbits Raises $3.5M

Wingbits, a Stockholm-based protocol making a DePIN flight-tracking community constructed on the Solana blockchain, stated 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 standard of information captured by antennas maintained by amateurs and lovers. People are rewarded primarily based on efficiency, protection and uptime, and there are world leaderboards to match the very best performing antennas. On the finish of 2023, 40 nodes had been on the Wingbits platform. Now, there are near 2,000 nodes.”