Lisbon, Portugal, June 12th, 2024, 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 creating an autonomous agent that can function seamlessly across the Azuro ecosystem.
Azuro leads the way as the infrastructure layer for prediction markets in sports and entertainment on EVM chains. With over 25 operational apps on the protocol and many more in progress, Azuro’s innovative liquidity pool design, advanced tooling, and oracle solutions enable apps to launch without any upfront costs or running expenses, allowing developers to focus on user acquisition, engagement, and monetization instead.
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, recognized for its composable stack that facilitates the development of autonomous services, provides a framework for building cutting-edge autonomous agent technology. These AI agents, operating off-chain, are mirrored on-chain through smart contracts.
This partnership gives Olas AI technology the chance to tap into the rapidly growing prediction markets ecosystem. The Azuro AI agent will learn to predict sports event outcomes accurately, utilizing data from Azuro markets to enhance its learning. Once operational, this AI agent will autonomously analyze and engage in prediction markets on Azuro, offering data-driven insights and predictive capabilities for all participants.
This development is a significant step forward for developers and users of Azuro prediction markets. In addition to creating the AI agent, Azuro will host a hackathon to provide tools and frameworks for developing new autonomous agents and expanding the use cases in prediction markets.
About Azuro
Azuro is the onchain predictions layer, offering modular tooling, oracle, and liquidity solutions for EVM chains to host powerful prediction and gaming apps. Through its unique infrastructure layer approach, Azuro makes on-chain predictions and gaming adaptable and combinable, allowing anyone to build apps, integrations, and products quickly, permissionlessly, and 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 allows everyone to participate in AI ownership, particularly in autonomous agent economies. It is a unified network of off-chain services, such as automation, oracles, and co-owned AI, offering a composable stack for building these services and a protocol for incentivizing their creation. Olas enables 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]