@Chadodesu Not sure what’s the point of this?
@CoinChaser to spread awareness. Not a lot of people know that they can gain an additional $500 per year worth of value out of their miner. It’s to also raise the awareness to fellow developers what makes flight radar so attractive, and the fact that wingbits is currently missing those features such as a mobile app and any type of current day monetization system.
Personally, I’m a lot happier with my $500 account and ADS – B data access then my devnet, pretend Internet money wingbits rewards. But your response suggests that’s just me, I figured I was being helpful.
@Chadodesu Hi! This is very interesting as it can help me in convincing more people on installing a geod+wbits miner on their roof. Could you expand a bit your explanation on how to expose them data? As the forum is not supporting PM (or is just me that has not find out how to use forum’s PM), have you joined moken/wbits discord channel so we can get in touch?
@Chadodesu I mean…any pre-TGE project is “pretend” money until it’s not, which is the reason why we are here.
It’s an interesting note about FR24 contributions…but technically that would help make FR24 a better product and lower the advantage of Wingsbits, which would only be detrimental to Wingbits’ business and token value 😉
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@Xrave Good point but it depends on the phase of the depin project. Currently they are pre-TGE, in need of strong expansion to be considered among the reliable data providers. If I can manage to convince e.g. 10 people more in installing their antenna giving them a free access to FR worth 500$, why not use it as a leverage to scale the network? Maybe in 2/3 years the Wingbits ecosystem will take over and offer similar free access to contributors... then you can switch. Currently incentives are a bit lower to scale IMHO, but as we said, it’s only pre-TGE
FlightRadar24 has built a half-billion-dollar company with a simple model: rely on tens of thousands of hobbyists to deploy ADS-B receivers — without paying them. That unpaid network fuels their ~$40M yearly revenue.
Wingbits, backed with almost $10M+ in revenue, is coming in fast!
Instead of volunteers, they incentivize us, ensuring better uptime and faster growth. They already have ~5,000 stations live, growing faster than any flight tracker in history. For comparison, FlightRadar24 sits at ~40,000, built over many years.
Given that FlightRadar24’s model has limits (coverage gaps, no incentive to expand in low-traffic areas), is it fair to think Wingbits could seize market share by covering zones competitors ignore, and eventually tap into the same $40M+/year opportunity?
They also have potential in grabbing Maritime Tracking (AIS data) which ships use much like planes ADS-B technology.
What do you all think, real disruption, or too early to call?
Interesting side note… open FR24, click on a plane near you, look for “expand coverage here”
Fill out an application, mention you have a hyfix system.
Wait a week.
Expose your tar1090 csv feed or publish a dump1090 feed to them.
Get a free $500 /y Business account. (and possibly a free 6DBI coco antenna. ) that lets you use the app to see planes from data you provided, from anywhere.