Lisbon, Portugal, June 12th, 2024,
Chainwire
Azuro, the leading liquidity layer for onchain
predictions, is using Olas, the principal network for autonomous AI
agents, to leverage their AI stack for the development of an
autonomous agent capable of operating across the Azuro
ecosystem.
Azuro is the frontrunner infrastructure layer for sport and
entertainment prediction markets within EVM chains. Over 25 apps
are operational on the protocol, with many others already in the
works. Its innovative liquidity pool design, sophisticated tooling
and oracle solutions allow apps to deploy without upfront
investment or running costs, saving them valuable development
resources that can be directed to user acquisition, engagement and
monetization instead.
Transaction volumes on Azuro have been expanding consistently
and rapidly over the past year, standing at $350+ million as of
this writing, along with a protocol revenue in excess of $3M+, thus
becoming the number 1 revenue-generating protocol on Polygon
recently.
Olas, known for its composable stack that supports the
development of autonomous services, provides a framework for
building advanced autonomous agent technology. These AI agents,
while running off-chain, are represented on-chain by smart
contracts.
This union offers Olas AI technology the opportunity to access
the fastest-growing prediction markets ecosystem. The Azuro AI
agent will be capable of learning how to accurately predict
outcomes of sports events. To maximize its learning, the agent will
be retrofitted with data from Azuro markets. This AI agent, once
operational, will be able to autonomously analyze, and operate in
prediction markets on Azuro, enriching the ecosystem with
data-driven insights and predictive capabilities for all
participants.
"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," stated Rossen, core contributor at
Azuro.
This is an exciting advancement for developers and users of
Azuro prediction markets alike. Aside from the creation of the AI
agent, Azuro will host a hackathon to provide tools and frameworks
for the development of new autonomous agents and the expansion of
use cases in prediction markets.
About Azuro
Azuro is the onchain predictions layer. It consists of modular
tooling, oracle and liquidity solutions for EVM chains to host
powerful prediction and gaming apps. With its unique infrastructure
layer approach Azuro makes on-chain predictions and gaming portable
and composable. It allows anyone to engage and monetize users by
building apps, integrations, and products quickly, permissionlessly
and with zero upfront or running costs.
For more information or press inquiries:
About Olas
Olas enables everyone to own a share of AI, specifically
autonomous agent economies. Olas is a unified network of off-chain
services - like automation, oracles, and co-owned AI. It offers a
composable stack for building these services, and a protocol for
incentivizing their creation. Olas enables operating these services
in a co-owned and decentralized way.
For more information or press inquiries, users can visit:
Contact
Azuro
team
team@azuro.org
