Today I found a new project called DePIN that has received funding from the Solana Foundation. To be honest, it’s really a bold idea. Now they are trading the rights to airspace.

In the cryptocurrency world, everything can be speculated. I have already declared it to the Pentagon, the White House, and the Kremlin in Russia, and I am still waiting for approval...hahahaha

Today I will introduce @SkyTradeNetwork from two points

🔹Project Background

🔹Interactive tutorial

In fact, the Sol Chain project is quite interesting. It completely ignores whether the centralized exchange lists the currency. Anyway, I can trade directly on JUP. It is like an independent blockchain ecosystem. You can choose CEX or not, I am awesome.

Solana is really awesome

The official website is as follows

https://app.sky.trade/r/452WKF

Let’s take a look together

🔹Project Background

@SkyTradeNetwork belongs to the popular DePIN track, which is the decentralized physical infrastructure network. It is a blockchain-based global air rights market that can buy, sell and lease airspace

Among the VC financing institutions announced, in addition to the Solana Foundation, there are also many angel investors

Santiago Roel Santos, a famous angel investor

Jason Yanowitz, co-founder of Blockworks

Gitcoin co-founder Scott Moore

Jeff Feng, Co-founder of Sei Network

SkyTrade was founded by @droneevtol and @zduniak, a real-name American team

🔹Interactive Tutorial

1⃣ Register

Log in to the official website

https://app.sky.trade/r/452WKF

Register using email and mobile phone number (no problem for mainland China)

2. Claiming air rights

Enter the address name in the map and click Claim. It's very simple. You don't need to own the building. In other words, you may be able to steal other people's flight rights.

3⃣ Points system

Now the official points system has been opened. Use my invitation code and both of us can get an extra 5 points. Go and invite your friends to earn points. Although I don’t know what it is for now,

4⃣ Waiting List

The air rights trading system has not yet been launched on the main network. It is recommended that you fill in your email address first and join the waiting whitelist.

https://sky.trade/waitlist

🦁 Conclusion

I personally think that the DePIN concept of air rights is relatively novel. After the mainnet is launched on SOl, if there are enough participants, it may be possible to make money by trading (speculating) air rights. It can be simply understood as NFT.

But I still have a concern, that is, there are so many airspaces in the world, and it really takes so many people to speculate. Otherwise, there will be no liquidity. It depends on how the project party operates later.

We are early participants now, and we will continue to pay attention to it later. We hope there will be airdrops.

End of article