News

Fly-to-earn Drone Imaging Platform Spexi Raises $5.5 Million In Seed Funding

According to a news statement issued on Tuesday, software startup Spexi has secured $5.5 million in early investment for Spexigon, the world’s first crypto-powered fly-to-earn drone imaging platform built on the Flow blockchain.

Users may receive SPEXI token incentives by uploading aerial photographs captured by drones. According to the software company, these photos will be available for use in decision-making by the public and private sectors.

The project intends to debut the platform in April 2023.

Blockchange Ventures led the funding round, which also included Technology Labs, the creators of the Filecoin protocol, and Dapper Labs. Spexi CEO Bill Lakeland said:

“When we started Spexi in 2017 our original goal was to use drones to image large areas of the Earth but the technology, regulations, and market were not ready. Today, with big improvements in each of those areas, and with the addition of blockchain technology, we’re pushing forward in achieving our original goal.”

The fly-to-earn drone platform provides real estate, construction, and mapping businesses with landscape photographs and analytic services.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.