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DePINprotocolWingbits completes a $3.5 million seed round of financing, led by Borderless Capital and Tribe Capital.
Odaily Planet Daily News Based on Solana, Wingbits protocol, which created the DePIN flight tracking network, announced the completion of a $3.5 million seed round of financing, led by Borderless Capital and Tribe Capital, with participation from Antler and several angel investors. The team said: 'Wingbits rewards the data quality captured by antennas maintained by enthusiasts. Individuals are rewarded based on performance, coverage, and normal operation time, and there is a global leaderboard to compare the best-performing antennas. As of the end of 2023, there were 40 Nodes on the Wingbits platform, and now there are nearly 2000.' (CoinDesk)