Azuro enters the world of artificial intelligence with Olas to forecast outcomes of sports events
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 harness their AI technology for the creation of an autonomous agent that can function across the Azuro ecosystem.
Azuro serves as the foundational infrastructure layer for prediction markets in sports and entertainment within 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 upfront costs, allowing developers to focus on user engagement and monetization.
Transaction volumes on Azuro have been steadily increasing, currently reaching over $350 million, with protocol revenue exceeding $3 million, making it the top revenue-generating protocol on Polygon.
Olas, known for its adaptable stack supporting autonomous services, provides a framework for developing advanced autonomous agent technology. These AI agents, though running off-chain, are represented on-chain through smart contracts.
The collaboration between Azuro and Olas allows for the integration of Olas AI technology into Azuro’s 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 participate in prediction markets on Azuro, offering data-driven insights and predictive capabilities to users.
Rossen, a core contributor at Azuro, expressed excitement about the potential of integrating AI agents into the Azuro ecosystem, envisioning a new era in market analysis and applications beyond sports, such as political forecasting and entertainment events.
This development presents a promising opportunity for developers and users of Azuro prediction markets. In addition to the AI agent project, Azuro will host a hackathon to facilitate the development of new autonomous agents and expand the use cases in prediction markets.
About Azuro
Azuro is the onchain predictions layer, providing modular tooling, oracle, and liquidity solutions for EVM chains to support powerful prediction and gaming apps. Its infrastructure layer approach enables portable and composable on-chain predictions and gaming, allowing for quick app development 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 empowers individuals to participate in AI economies through owning a share of autonomous agents. It offers a unified network of off-chain services, such as automation, oracles, and co-owned AI, along with a protocol for incentivizing their development. Olas enables the operation of these services in a decentralized and co-owned manner.
For more information or press inquiries, visit:
Website: https://olas.network/
Docs: https://docs.autonolas.network/
Contact
Azuro team
[email protected]