DePIN project Natix raises funds ahead of token launch and airdrop on Solana

Natix, a DePIN project focused on mapping data, has raised $4.6 million ahead of its token launch and airdrop on Solana.

Natix Network, a decentralized physical infrastructure network focused on mapping data, has raised $4.6 million in a strategic funding round.

Natix started raising funds for the strategic round in January of this year and closed it this week, co-founder and CEO Alireza Ghods told The Block. He declined to comment on the structure of the round and valuation. Natix claims to have over 92,000 registered drivers who have mapped more than 28 million kilometers since the app's launch in April last year.

"An airdrop happens when a milestone is achieved, and then we set the next milestone," Ghods said. "We expect the first milestone to be around July by the current pace the network is mapping."

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