Lisbon, Portugal, June 12th, 2024, Chainwire
Azuro, the top liquidity layer for onchain predictions, has partnered with Olas, the primary network for autonomous AI agents, to utilize their AI stack in creating an autonomous agent that can function within the Azuro ecosystem.
Azuro serves as the foundational infrastructure layer for prediction markets in sports and entertainment on EVM chains. With over 25 operational apps on the platform and more in development, Azuro’s unique liquidity pool design, advanced tooling, and oracle solutions enable apps to launch without the need for upfront investment or operational costs. This allows developers to focus on user acquisition, engagement, and monetization.
The transaction volumes on Azuro have been consistently growing, reaching over $350 million, with a protocol revenue exceeding $3 million, making it the leading revenue-generating protocol on Polygon.
Olas, known for its versatile stack supporting the development of autonomous services, provides a framework for building advanced autonomous agent technology. These AI agents, although running off-chain, are represented on-chain through smart contracts.
This collaboration allows Olas AI technology to tap into the rapidly expanding prediction markets ecosystem. The Azuro AI agent will be trained to predict sports event outcomes accurately by leveraging data from Azuro markets. Once operational, this AI agent will autonomously analyze and operate in prediction markets on Azuro, providing valuable data-driven insights and predictive capabilities for all users.
Rossen, a core contributor at Azuro, stated, “We are laying the groundwork for the development of AI agents that can seamlessly integrate and operate 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 development is a significant advancement for both developers and users of Azuro prediction markets. In addition to the AI agent project, Azuro will host a hackathon to support the development of new autonomous agents and expand the use cases in prediction markets.
About Azuro
Azuro is the go-to onchain predictions layer, offering modular tooling, oracle solutions, and liquidity options for EVM chains to host robust prediction and gaming applications. By taking an infrastructure layer approach, Azuro makes on-chain predictions and gaming easily accessible and adaptable. Developers can quickly build apps, integrations, and products to engage and monetize users without any upfront or running 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 empowers individuals to participate in AI ownership, particularly in autonomous agent economies. It serves as a unified network of off-chain services, including automation, oracles, and co-owned AI. Olas provides a composable stack for building these services and a protocol for incentivizing their creation. Users can operate these 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]
Azuro Ventures into Artificial Intelligence with Olas for Sports Event Outcome Predictions
