Wingbits, a Stockholm-based protocol creating a DePIN flight tracking network built on the Solana blockchain, announced it has raised $3.5 million in seed funding led by Borderless Capital and Tribe Capital, alongside Antler and angel investors. According to the team, “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 is a global leaderboard comparing the best performing antennas. As of the end of 2023, 40 nodes were on the Wingbits platform. Today, there are nearly 2,000 nodes.”
