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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 traders. Based on the workforce: “Wingbits rewards the standard of knowledge captured by antennas maintained by amateurs and fanatics. People are rewarded primarily based on efficiency, protection and uptime, and there are world leaderboards to check one of the best performing antennas. On the finish of 2023, 40 nodes have been on the Wingbits platform. Now, there are near 2,000 nodes.”



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