NEWS RELEASE
Lisbon, Portugal, June 13th, Chainwire.
Azuro, the top liquidity layer for onchain predictions, is utilizing Olas, the primary network for autonomous AI agents, to harness their AI stack for the creation of an autonomous agent capable of functioning throughout the Azuro ecosystem.
Azuro serves as the foundational 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 innovative liquidity pool design, advanced tooling, and oracle solutions enable apps to launch without initial investment or operational costs, allowing them to focus on user acquisition, engagement, and monetization.
Transaction volumes on Azuro have been steadily increasing over the past year, reaching over $350 million, with protocol revenue exceeding $3 million, making it the top revenue-generating protocol on Polygon recently.
Olas, known for its adaptable stack supporting the development of autonomous services, offers a framework for building advanced autonomous agent technology. These AI agents, although operating off-chain, are represented on-chain through smart contracts.
This collaboration provides Olas AI technology with access to the rapidly expanding prediction markets ecosystem. The Azuro AI agent will be trained to predict sports events accurately by utilizing data from Azuro markets. Once operational, this AI agent will autonomously analyze and operate within prediction markets on Azuro, providing 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, including political forecasting and other entertainment events."
This advancement is a significant development for developers and users of Azuro prediction markets. In addition to the creation of the AI agent, Azuro will organize a hackathon to offer tools and frameworks for the development of new autonomous agents and the expansion of use cases in prediction markets.
About Azuro
Azuro is the platform for onchain predictions, offering modular tooling, oracle, and liquidity solutions for EVM chains to host robust prediction and gaming apps. With its unique infrastructure layer approach, Azuro makes on-chain predictions and gaming accessible and flexible, enabling users to build apps, integrations, and products quickly, permissionlessly, and with no 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, particularly autonomous agent economies. Olas is a unified network of off-chain services, offering a composable stack for building automation, oracles, and co-owned AI, as well as a protocol for incentivizing their creation. Olas allows the operation of 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]
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