Azuro Ventures into Artificial Intelligence with the Help of Olas to Forecast Sports Event Outcomes
Lisbon, Portugal, June 12th, 2024, Chainwire
Azuro, the primary liquidity layer for onchain predictions, has partnered with Olas, the leading network for autonomous AI agents, to utilize their AI stack in creating an autonomous agent that can function across the Azuro ecosystem.
Azuro is the top infrastructure layer for prediction markets related to sports and entertainment within EVM chains. With over 25 operational apps on the protocol and more in development, Azuro’s cutting-edge liquidity pool design, advanced tooling, and oracle solutions enable apps to launch without upfront costs or running expenses. This saves valuable resources that can be allocated to user acquisition, engagement, and monetization.
The transaction volumes on Azuro have been steadily increasing, reaching over $350 million, with protocol revenue exceeding $3 million, making it the highest revenue-generating protocol on Polygon.
Olas, known for its adaptable stack that supports the creation of autonomous services, offers a framework for developing advanced autonomous agent technology. These AI agents, while operating off-chain, are represented on-chain through smart contracts.
This collaboration allows Olas AI technology to tap into the rapidly growing prediction markets ecosystem. The Azuro AI agent will be trained to predict sports outcomes accurately by utilizing data from Azuro markets. Once operational, this AI agent will autonomously analyze and operate within Azuro’s prediction markets, enhancing the ecosystem with data-driven insights and predictive abilities for all users.
Rossen, a core contributor at Azuro, stated, “We are laying the foundation for the development of AI agents that can seamlessly integrate and function within the Azuro ecosystem. In the long run, this integration could revolutionize market analysis and enable new applications for prediction markets beyond sports, such as political forecasting and other entertainment events.”
This advancement presents exciting opportunities for developers and users of Azuro prediction markets. In addition to the creation of the AI agent, Azuro will host a hackathon to provide tools and frameworks for developing new autonomous agents and expanding the use cases in prediction markets.
About Azuro
Azuro is the onchain predictions layer, offering modular tooling, oracle, and liquidity solutions for EVM chains to support powerful prediction and gaming apps. With its unique infrastructure layer approach, Azuro makes on-chain predictions and gaming portable and composable, allowing users to engage and monetize quickly and without upfront costs.
For more information or press inquiries:
Website: https://azuro.org/
Docs: https://gem.azuro.org
Github: https://github.com/Azuro-protocol
Onchain activity: https://dune.com/azuro/stats
About Olas
Olas enables individuals to participate in AI economies by owning a share of autonomous agent services. It is a unified network of off-chain services, offering a composable stack for building these services and a protocol for incentivizing their creation. Olas allows for the operation of services in a co-owned and decentralized manner.
For more information or press inquiries, users can visit:
Website: https://olas.network/
Docs: https://docs.autonolas.network/
Contact:
Azuro team
[email protected]