Azuro Steps Into AI Using Olas to Predict Sports Event Results

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As a crypto investor with experience in the prediction markets space, I’m thrilled to see Azuro and Olas joining forces to develop an autonomous AI agent capable of operating within the Azuro ecosystem. Azuro has been making waves in the sports and entertainment prediction markets on EVM chains, with over 25 operational apps and many more in development. Their innovative liquidity pool design and sophisticated tooling have attracted a significant volume of transactions, totaling $350+ million and generating protocol revenue in excess of $3M+.

Lisbon, Portugal, June 12th, 2024, Chainwire

Azuro, the front-runner in on-chain prediction markets, is harnessing the power of Olas, the main network for self-governing AI entities, to enhance its AI infrastructure. By doing so, Azuro aims to create an autonomous agent that can effectively navigate through the Azuro ecosystem.

Azuro leads as the primary infrastructure platform for prediction markets in sports and entertainment on EVM chains. Currently, over 25 functional applications are utilizing this platform, with more under development. Azuro’s advanced liquidity pool design, advanced tooling, and oracle solutions enable apps to launch without initial investment or ongoing expenses. This significant cost savings empowers app developers to focus their resources on user acquisition, engagement, and monetization strategies instead.

As an analyst, I’ve observed a significant and continuous growth in transaction volumes on Azuro over the past year, surpassing $350 million at present. Additionally, the protocol has yielded over $3 million in revenue during this period, placing it at the top of Polygon‘s list for revenue generation.

Olas is renowned for its adaptable architecture enabling the creation of self-governing services. It offers a platform for constructing sophisticated autonomous agent tech. Separately functioning AI agents, operating offline, are symbolized on the blockchain via smart contracts.

As a researcher studying Olas AI technology, I can share that our union with Azuro presents a valuable opportunity for us. This partnership grants Olas access to the thriving prediction markets landscape, allowing our AI agent, named Azuro, to hone its skills in accurately forecasting sports event outcomes. To optimize its learning experience, we’ll integrate Azuro with data from Azuro markets. Once activated, this agent will autonomously analyze and participate in prediction markets on Azuro, contributing valuable data-driven insights and predictive capabilities that benefit all ecosystem participants.

“Rossen, a key player at Azuro, outlined our plans to establish the groundwork for AI agents capable of seamlessly interacting within our ecosystem. In time, this collaboration could usher in a revolutionary period for market analysis and expand the reach of prediction markets into realms such as politics and additional forms of entertainment.”

For developers and users of Azuro prediction markets, this is an exhilarating leap forward. Beyond introducing the AI agent, Azuro plans to organize a hackathon, offering valuable resources and structures to foster the creation of new self-governing agents and broaden the applications of prediction markets.

About Azuro

As an analyst, I would describe Azuro as follows: I am an on-chain predictions and gaming infrastructure provider. My offerings include modular tools, oracles, and liquidity solutions designed specifically for Ethereum Virtual Machine (EVM) chains to support the development of advanced prediction and gaming applications. By employing a distinctive infrastructure layer approach, Azuro enables the creation of portable and composable on-chain predictions and gaming solutions. This empowers individuals to construct apps, integrations, and products effortlessly, without requiring permission or incurring upfront or ongoing costs.

About Olas

As a crypto investor, I’m excited about the opportunity that Olas presents. With Olas, I can become a part-owner of artificial intelligence, specifically autonomous agent economies. Olas is more than just a network; it’s a collection of off-chain services such as automation, oracles, and co-owned AI. It provides a flexible and composable stack for creating these services and has a protocol in place to encourage their development. By using Olas, I can participate in the operation of these services in a decentralized and co-owned manner.

Contact

Azuro team
team@azuro.org

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2024-06-12 17:56