Cryptopedia - WeatherXM
WeatherXM functions as a decentralized weather network that compensates station owners and delivers precise weather data to Web3 companies. Operators earn daily rewards in $WXM, calculated according to the quality of their contributed data.
- Raised $12.7 million from backers such as Faction, Placeholder Ventures, ConsenSys Mesh, Borderless Capital, Protocol Labs, and others.
- More than 5,200 weather stations have been built and launched in 81 countries in 2 years.
- The $WXM Token was minted on Ethereum, while station rewards are bridged and distributed to owners on Arbitrum One.
- Four (4) licenses for commercial use of WeatherXM data are auctioned annually in $WXM.

Manolis Nikiforakis
Stratos Theodorou
Nikos Fotiadis
Thanos Daskalopoulos