Parametric Insurance

Prediction market everything. Create contracts for any data that is present on the internet.

Parametric Insurance

Created At

HackMoney 2026

Project Description

Prediction markets for everything. Create smart contracts around any data available on the internet — prices, APIs, weather, sports, elections, social metrics, and on-chain activity. Turn real-world and digital information into permissionless markets that aggregate knowledge, price uncertainty, and reveal collective truth through incentives.

How it's Made

This project is built as a high-performance prediction market stack combining cryptography, smart contracts, and low-latency execution. The core protocol is implemented using Hardhat for rapid Solidity development, testing, and deployment. We integrate TLSNotary to generate verifiable cryptographic proofs of off-chain internet data, allowing real-world APIs and websites to be safely referenced on-chain without trusted oracles. For high-speed trading and market responsiveness, we use Nitrolite to enable off-chain execution and fast state transitions, dramatically reducing latency and gas costs while preserving on-chain security guarantees. The result is a hybrid system that securely bridges internet data with scalable, real-time prediction markets.

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Parametric Insurance | ETHGlobal