Wingbits and Protocol Village: The Future of DePIN Flight-Tracking

Wednesday, 11 September 2024, 16:42

Wingbits, a pioneering player in flight-tracking DePIN protocol, secures $3.5 million in funding. This innovative project on the Solana blockchain aims to redefine aviation logistics through decentralized technology, making tracking more efficient and transparent.
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Wingbits and Protocol Village: The Future of DePIN Flight-Tracking

Introduction to Wingbits and DePIN Protocol

Wingbits, a Stockholm-based protocol, is leading the transformation in the flight-tracking sector with its DePIN protocol. Recently, it raised $3.5 million in seed funding, a pivotal moment for its development. This funding round was spearheaded by Borderless Capital and Tribe, marking a significant endorsement for the project.

The Innovative Approach of Wingbits

Utilizing the Solana blockchain, Wingbits is set to create a decentralized network for flight tracking. This approach not only enhances the transparency and efficiency of logistics but also introduces innovations in crypto to further revolutionize aviation operations.

The Role of Investors

  • Borderless Capital - An influential player in blockchain investments.
  • Tribe - Known for backing transformative technologies.

The support from these investors underscores the potential impact of wingbits on the cryptocurrency landscape and beyond.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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