Lisbon, Portugal, June twelfth, 2024, Chainwire
Azuro, the main liquidity layer for onchain predictions, is utilizing Olas, the principal community for autonomous AI brokers, to leverage their AI stack for the event of an autonomous agent able to working throughout the Azuro ecosystem.
Azuro is the frontrunner infrastructure layer for sport and leisure prediction markets inside EVM chains. Over 25 apps are operational on the protocol, with many others already within the works. Its modern liquidity pool design, subtle tooling and oracle options permit apps to deploy with out upfront funding or working prices, saving them beneficial improvement assets that may be directed to consumer acquisition, engagement and monetization as a substitute.
Transaction volumes on Azuro have been increasing persistently and quickly over the previous yr, standing at $350+ million as of this writing, together with a protocol income in extra of $3M+, thus turning into the number one revenue-generating protocol on Polygon lately.
Olas, recognized for its composable stack that helps the event of autonomous providers, offers a framework for constructing superior autonomous agent expertise. These AI brokers, whereas working off-chain, are represented on-chain by sensible contracts.
This union affords Olas AI expertise the chance to entry the fastest-growing prediction markets ecosystem. The Azuro AI agent will probably be able to studying how to precisely predict outcomes of sports activities occasions. To maximise its studying, the agent will probably be retrofitted with knowledge from Azuro markets. This AI agent, as soon as operational, will probably be ready to autonomously analyze, and function in prediction markets on Azuro, enriching the ecosystem with data-driven insights and predictive capabilities for all contributors.
“We are setting the basis for the development of AI agents that can effectively integrate and operate within the Azuro ecosystem. Long term, this integration could unleash a new era in market analysis and empower new applications for prediction markets beyond sports, such as political forecasting, and other entertainment events,” acknowledged Rossen, core contributor at Azuro.
That is an thrilling development for builders and customers of Azuro prediction markets alike. Except for the creation of the AI agent, Azuro will host a hackathon to present instruments and frameworks for the event of recent autonomous brokers and the growth of use instances in prediction markets.
About Azuro
Azuro is the onchain predictions layer. It consists of modular tooling, oracle and liquidity options for EVM chains to host highly effective prediction and gaming apps. With its distinctive infrastructure layer strategy Azuro makes on-chain predictions and gaming moveable and composable. It permits anybody to interact and monetize customers by constructing apps, integrations, and merchandise shortly, permissionlessly and with zero upfront or working prices.
For extra info or press inquiries:
About Olas
Olas permits everybody to personal a share of AI, particularly autonomous agent economies. Olas is a unified community of off-chain providers – like automation, oracles, and co-owned AI. It affords a composable stack for constructing these providers, and a protocol for incentivizing their creation. Olas permits working these providers in a co-owned and decentralized manner.
For extra info or press inquiries, customers can go to:
Azuro staff
staff@azuro.org
