Simulator terms

The Simulator is a demonstration and testing environment for weather prediction markets and parametric insurance products. All balances, prices, premiums, payouts and profit-and-loss figures are denominated in sUSDT, a virtual unit of account that has no monetary value, is not a token, security, currency, e-money or stored value, and cannot be purchased, deposited, withdrawn, transferred or redeemed.

The Simulator is not an offer, solicitation or facility to bet, wager, trade, invest or insure, and no contract of insurance, derivative or wager is formed by using it. Results obtained here do not predict the results of any real product.

You may use the Simulator only for lawful purposes and only where doing so is permitted. You are responsible for compliance with the laws of your jurisdiction.

Korean gambling law notice. Operating an activity that requires a licence under Korean gambling law without holding one is prohibited. You may not use the Simulator, its data, its code or its outputs to operate, facilitate, market or promote any such activity, nor to run any scheme in which real money or anything of value is staked on the outcomes shown here.

You may not scrape, mirror or redistribute oracle data obtained through the Simulator, interfere with its operation, or circumvent the oracle's rate limits and access tiers.

Weather values, forecasts, verdicts and determinations are supplied by Weather Data Market (weathermarket.ai). The Weather Data Market terms ↗ apply to that data by reference and prevail over these terms in case of conflict regarding the data.

The oracle warrants its process — consensus of independent feeds, outlier rejection, hashing and on-chain anchoring — and not the weather. A determination is a statement about the consensus record at an hour, not a guarantee of what was physically observed at any point.

Determinations are final. The same condition at the same hour always resolves to the same outcome. When an hour cannot be verified the determination is withheld: markets on it are void with positions refunded at cost, and policies on it are void with premiums refunded. On the free access tier the Simulator produces clearly labelled simulated determinations from the public consensus; these are not official determinations.

Guest accounts. Without signing in, the Simulator identifies you by a first-party cookie (wm_sim_guest) stored for up to one year. Clearing the cookie or switching browsers starts a new guest account; guest balances are not recoverable.

Signed-in accounts. When you sign in through a supported provider, your simulation is attached to that identity and follows you across devices. We store only the identifier, display name and e-mail supplied by the provider.

Reset. You may reset your simulation at any time from the portfolio page. Reset deletes all positions, policies and ledger entries on the account and restores the starting balance; it cannot be undone.

Retention. Simulation records may be deleted without notice, in particular guest accounts inactive for more than 90 days and all accounts when the Simulator is reset or discontinued. Nothing of value is lost by such deletion.

The Simulator is provided “as is” and “as available”, without warranty of any kind, express or implied, including accuracy, availability, fitness for a particular purpose or non-infringement. Pricing models, forecasts and probabilities are illustrative and may be wrong.

To the fullest extent permitted by law, Wellbian Labs Pte. Ltd., KWeather Co., Ltd. and their officers, employees and partners shall not be liable for any loss or damage — direct, indirect, incidental, consequential or otherwise — arising from the use of, or inability to use, the Simulator or any decision made in reliance on it. Because no money is involved, no claim for lost sUSDT can arise.

Oracle data is displayed with the attribution “Powered by Weather Data Market”. If you reproduce screens or outputs of the Simulator you must keep that attribution and the statement that all values are simulated. Free-tier oracle values are not settlement-grade and may not be accumulated into a history.

These terms are governed by the laws of the Republic of Korea. Any dispute arising from them or from the Simulator shall be submitted to the exclusive jurisdiction of the Seoul Central District Court as the court of first instance.

The Simulator is operated by Wellbian Labs Pte. Ltd. in partnership with KWeather Co., Ltd. Contact: admin@wellbianlabs.io.

We may update these terms by posting a new version here; continued use after an update is acceptance of the updated terms.