The DePIN project Natix has completed a strategic financing of $4.6 million, led by Borderless Capital and Tioga Capital

2024-04-26 08:21:38
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ChainCatcher news, according to The Block, the DePIN project focused on map data, [Natix](https://www.rootdata.com/zh/Projects/detail/Natix Network?k=NzYxOA== "Decentralized Camera Network") Network has completed a strategic financing of $4.6 million, co-led by Borderless Capital and Tioga Capital, with participation from Laser Digital under Nomura, Big Brain Holdings, Escape Velocity, IoTeX, WAGMI Ventures, and Moonrock Capital, as well as angel investors including Figment Capital managing partner James Parillo, Bitget general manager Gracy Chen, bitcrunch CEO Vijay Pravin Maharajan, and Paul Taylor. This round of financing brings Natix's total funding to $9.6 million to date.

Natix also announced today that it will launch its native token NATIX on the Solana blockchain in the second quarter of this year, and it is expected to airdrop 1 billion NATIX tokens to users in batches, accounting for 1% of the total token supply of 100 billion tokens. Natix is a DePIN project focused on collecting real-time geospatial or map data, allowing users to record map data using smartphone cameras and driving assistance applications (such as dash cams and navigation).

According to the Web3 asset data platform RootData, Natix Network is a blockchain-based crowdsourced camera network that creates real-time world maps. This camera's DePIN uses Natix's artificial intelligence technology to map the world while ensuring that no privacy data is collected. In April of last year, Natix Network completed a $3.5 million seed round financing.

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