Overview
Nubila is building a decentralized weather oracle by deploying thousands of low-cost weather stations that collect hyperlocal data and validate it through a distributed node system. This trusted data layer enables businesses and individuals to access automated, rule-based parametric insurance products, covering risks in agriculture, renewable energy, transportation, and events, without relying on expensive, centralized weather infrastructure.
Today, the parametric insurance market is valued at around $16 billion, but it remains a small slice of the global $3 trillion insurance industry. With accurate, hyperlocal data as the missing link, Nubila has the potential to unlock much faster adoption of parametric insurance worldwide, positioning itself as the data backbone for insurers and enterprises facing climate volatility.
Rewards Explanation
Withdrawal rules:
After 30 Days
- Withdrawable: 25%
Redistribution of Early Withdrawals:
- 37.5% burned
- 37.5% returned to the mining reward pool
After 60 Days
- Withdrawable: 50%
Redistribution of Early Withdrawals:
- 25% burned
- 25% returned to the mining reward pool
After 180 Days
- Withdrawable: 100%
- No redistribution (0% burned, 0% returned to pool)
Airdrops (only for pre TGE purchases):
Cloud node: 8,288
Rainy node: 20,188
Sunny node: 82,880
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