Azuro ventures into artificial intelligence with Olas to forecast outcomes of sporting events

Azuro ventures into artificial intelligence with Olas to forecast outcomes of sporting events

FOR IMMEDIATE RELEASE: Lisbon, Portugal, June 13th – Chainwire

Azuro, the primary liquidity layer for onchain prognostications, has teamed up with Olas, the premier network for autonomous AI agents, to harness their AI technology in the creation of an independent agent that can function seamlessly within the Azuro ecosystem.

Azuro serves as the foundational layer for prediction markets in the realms of sports and entertainment on EVM chains. With over 25 operational apps on the platform and more in the pipeline, Azuro’s unique liquidity pool structure, advanced tools, and oracle solutions enable apps to launch without the need for upfront investments or operational expenses, allowing them to allocate resources towards user engagement and monetization.

With transaction volumes steadily rising and surpassing $350 million, coupled with a revenue exceeding $3 million, Azuro has recently become the top revenue-generating protocol on Polygon.

Olas, recognized for its adaptable stack that supports the development of autonomous services, provides the framework for constructing advanced autonomous agent technology. These AI agents, running off-chain, are represented on-chain through smart contracts.

This collaboration grants Olas AI technology the opportunity to tap into the rapidly growing prediction markets ecosystem. The Azuro AI agent will be trained to accurately predict sports outcomes by utilizing data from Azuro markets. Once operational, this AI agent will independently analyze and engage in prediction markets on Azuro, offering data-driven insights and predictive abilities to all participants.

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 forecasts and other entertainment events.”

This collaboration marks a significant advancement for developers and users of Azuro prediction markets. In addition to the AI agent development, Azuro will host a hackathon to provide tools and frameworks for creating new autonomous agents and expanding the use cases in prediction markets.

About Azuro:
Azuro is the premier onchain predictions layer, offering modular tooling, oracle, and liquidity solutions for EVM chains to host robust prediction and gaming apps. With its innovative infrastructure approach, Azuro enables portable and composable on-chain predictions and gaming, allowing individuals to engage and monetize users quickly and efficiently.

For more information or press inquiries, please visit:
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 own a portion of AI through autonomous agent economies. It is a unified network of off-chain services, offering a composable stack for building automation, oracles, and co-owned AI. Olas enables the operation of these services in a decentralized and co-owned manner.

For more information or press inquiries, please visit:
Website: https://olas.network/
Docs: https://docs.autonolas.network/

Contact:
Azuro Team
Email: [email protected]

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