// BUY COVERAGE
EVENT CANCEL
INSURANCE
VENUE NAME
VENUE LATITUDE
VENUE LONGITUDE
EVENT DATE
ORGANIZER NAME
PREMIUM (STT)
POLICY SUMMARY
VENUE—
LOCATION—
EVENT DATE—
ORGANIZER—
PREMIUM0.01 STT
MAX PAYOUT0.050 STT (5×)
TRIGGER CONDITIONS
The AI pipeline checks weather at the venue on the event date and searches for official cancellation announcements. Payout is triggered when the venue officially cancels OR severe weather (storm, flood, extreme heat) is confirmed at the location.
DATA SOURCES
STAGE 1
OpenWeatherMap Forecast — adverse weather check at venue coordinates.
STAGE 2
Web search for event cancellation announcements.
STAGE 3
LLM adjudicates based on weather + cancellation evidence.