Environmental Data Network Nubila: Investor tokens will be unlocked all at once by 16.25%

The environmental data network Nubila Network posted on X, announcing the token NB unlocking arrangement. The project stated that NB was launched about a year ago and currently has over 20,000 weather stations covering more than 120 countries. The one-year lock-up for investors and advisors will end this week, and the project will not adopt a monthly unlocking schedule over several years, but will release its allocation amount in one go at 01:00 (UTC) on October 31, amounting to 16.25% of the total supply, after which there will be no further unlocking for investors or advisors.

The official statement also mentioned that the core team's originally scheduled unlocking shares for this month will be locked for another year, and the core team tokens will not be unlocked before October 31, 2027. The total supply remains at 1 billion NB, and no new tokens will be issued, with mining rewards continuing as usual. After the release is completed, the project will update the circulating supply on CoinMarketCap. The official reminded holders that no action is required on their part and stated that they will not proactively contact users through private messages.