Lisbon, Portugal, June 12, 2024, Chainwire
Azuro, the front-end liquidity layer for on-chain predictions, makes use of Olas, the principle community for autonomous AI brokers, to leverage their AI stack to develop an autonomous agent able to working throughout all the Azuro ecosystem.
Azuro is the main infrastructure layer for sports activities and leisure predictive markets inside EVM chains. Over 25 purposes are purposeful on the protocol, many extra are already being labored on. Its modern liquidity pool design, refined instruments, and Oracle options allow purposes to be deployed with out upfront funding or operational prices, saving them priceless improvement sources that may as an alternative be directed towards consumer acquisition, engagement, and monetization.
Transaction volumes on Azuro have been persistently and quickly increasing over the previous 12 months, reaching $350+ million on the time of writing, together with protocol income exceeding $3 million, making it the #1 revenue-generating protocol on Polygon just lately.
Recognized for its stackable stack that helps the event of autonomous companies, Olas offers a framework for constructing superior autonomous agent know-how. These AI brokers, whereas operating off-chain, are represented on-chain by good contracts.
This union gives Olas AI know-how the chance to realize entry to the quickest rising ecosystem of prediction markets. The Azuro AI agent will be capable of learn to precisely predict the outcomes of sporting occasions. To maximise its studying, the agent will probably be retrofitted with information from Azure markets. As soon as operational, this AI agent will be capable of autonomously analyze and act on prediction markets on Azure, enriching the ecosystem with data-driven insights and predictive capabilities for all contributors.
“We’re setting the inspiration for the event of AI brokers that may successfully combine and function inside the Azure ecosystem. In the long run, this integration may usher in a brand new period in market analytics and allow new purposes for predictive markets outdoors of sports activities, similar to political forecasting and different leisure occasions,” stated Rossen, Azuro's Principal Contributor.
That is an thrilling improvement for each builders and customers of Azuro's prediction markets. Along with creating an AI agent, Azuro will host a hackathon to offer instruments and frameworks for growing new autonomous brokers and increasing use instances in prediction markets.
About Azuro
Azuro is an onchain prediction layer. It consists of modular instruments, Oracle options and liquidity for EVM chains to host highly effective prediction and gaming purposes. Its distinctive method to the infrastructure layer makes Azure predictions and on-chain video games moveable and composable. It permits anybody to interact and monetize customers by constructing apps, integrations and merchandise rapidly, with out permission, and with zero upfront or operational prices.
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About Olas
Olas permits everybody to personal a stake in AI, particularly the autonomous agent economic system. Olas is a unified community of off-chain companies – similar to automation, oracles and co-owned AI. It gives a stack for constructing these companies and a protocol to incentivize constructing them. Olas permits the operation of those companies in a co-owned and decentralized method.
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