Nubila Network
NB
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Nubila Network (NB) is an early-stage decentralized physical infrastructure (DePIN) environmental and ESG data oracle network. While the project has secured notable private backing ($10.5M total across funding rounds) and is led by a semi-public team, its fundamental metrics reflect severe micro-cap risks. Public engineering channels show minimal verifiable development activity and lack open-source codebases or versioned releases. Economically, the token suffers from heavy dilution overhang with only ~18.4% of its 1 billion fixed supply circulating, alongside an unrecovered ~99% drawdown from all-time highs and minimal enterprise adoption. Governance remains centralized with team-managed node permissions and no active DAO voting mechanisms. Furthermore, the Security and Audit History section suffered from a complete data gap (scored -1.0) due to unindexed security records and independent audit coverage, requiring its weight to be redistributed across the remaining sections. With high structural inflation, thin liquidity, and unproven organic demand, the overall profile is highly unfavorable.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Nubila Network (NB)
Nubila Network (NB) is a decentralized physical infrastructure (DePIN) environmental and ESG data oracle project founded in 2024 and based in San Francisco. Deployed on BNB Smart Chain, the network integrates IoT weather stations with an on-chain oracle system to provide verifiable hyperlocal meteorological and environmental data. The project was founded by Benson Huo, secured backing from entities such as IoTeX and Assembly Partners, and completed the acquisition of BloomSky.
The NB token operates with a fixed total supply of 1 billion tokens, designed to facilitate data access, validator staking, network incentives, and mining pool emissions for physical sensor operators. Structurally, the token functions as an incentive mechanism for distributed hardware deployment, though governance remains centralized, requiring team approval for node onboarding without an operational decentralized autonomous organization (DAO) or active on-chain voting framework.
The project faces notable structural and market challenges. Nubila Network operates as a micro-cap asset with thin trading liquidity, and its token price has experienced a drawdown of approximately 99% from its all-time high. Additionally, with only roughly 18.4% of the maximum token supply in circulation, the asset carries substantial dilution overhang from ongoing emissions. Independent evaluations have also noted a lack of publicly verifiable engineering artifacts, such as open-source repositories and dated third-party audit reports.