Azuro Steps Into AI Using Olas to Predict Sports Event Results

Lisbon,
Portugal,
June
12th,
2024,
Chainwire

Azuro,
the
leading
liquidity
layer
for
onchain
predictions,
is
using
Olas,
the
principal
network
for
autonomous
AI
agents,
to
leverage
their
AI
stack
for
the
development
of
an
autonomous
agent
capable
of
operating
across
the
Azuro
ecosystem.

Azuro
is
the
frontrunner
infrastructure
layer
for
sport
and
entertainment
prediction
markets
within
EVM
chains.
Over
25
apps
are
operational
on
the
protocol,
with
many
others
already
in
the
works.
Its
innovative
liquidity
pool
design,
sophisticated
tooling
and
oracle
solutions
allow
apps
to
deploy
without
upfront
investment
or
running
costs,
saving
them
valuable
development
resources
that
can
be
directed
to
user
acquisition,
engagement
and
monetization
instead.

Transaction
volumes
on
Azuro
have
been
expanding
consistently
and
rapidly
over
the
past
year,
standing
at
$350+
million
as
of
this
writing,
along
with
a
protocol
revenue
in
excess
of
$3M+,
thus
becoming
the
number
1
revenue-generating
protocol
on
Polygon
recently.

Olas,
known
for
its
composable
stack
that
supports
the
development
of
autonomous
services,
provides
a
framework
for
building
advanced
autonomous
agent
technology.
These
AI
agents,
while
running
off-chain,
are
represented
on-chain
by
smart
contracts.

This
union
offers
Olas
AI
technology
the
opportunity
to
access
the
fastest-growing
prediction
markets
ecosystem.
The
Azuro
AI
agent
will
be
capable
of
learning
how
to
accurately
predict
outcomes
of
sports
events.
To
maximize
its
learning,
the
agent
will
be
retrofitted
with
data
from
Azuro
markets.
This
AI
agent,
once
operational,
will
be
able
to
autonomously
analyze,
and
operate
in
prediction
markets
on
Azuro,
enriching
the
ecosystem
with
data-driven
insights
and
predictive
capabilities
for
all
participants.

“We
are
setting
the
basis
for
the
development
of
AI
agents
that
can
effectively
integrate
and
operate
within
the
Azuro
ecosystem.
Long
term,
this
integration
could
unleash
a
new
era
in
market
analysis
and
empower
new
applications
for
prediction
markets
beyond
sports,
such
as
political
forecasting,
and
other
entertainment
events,”
stated
Rossen,
core
contributor
at
Azuro.

This
is
an
exciting
advancement
for
developers
and
users
of
Azuro
prediction
markets
alike.
Aside
from
the
creation
of
the
AI
agent,
Azuro
will
host
a
hackathon
to
provide
tools
and
frameworks
for
the
development
of
new
autonomous
agents
and
the
expansion
of
use
cases
in
prediction
markets.

About
Azuro

Azuro
is
the
onchain
predictions
layer.
It
consists
of
modular
tooling,
oracle
and
liquidity
solutions
for
EVM
chains
to
host
powerful
prediction
and
gaming
apps.
With
its
unique
infrastructure
layer
approach
Azuro
makes
on-chain
predictions
and
gaming
portable
and
composable.
It
allows
anyone
to
engage
and
monetize
users
by
building
apps,
integrations,
and
products
quickly,
permissionlessly
and
with
zero
upfront
or
running
costs.

For
more
information
or
press
inquiries:

About
Olas

Olas
enables
everyone
to
own
a
share
of
AI,
specifically
autonomous
agent
economies.
Olas
is
a
unified
network
of
off-chain
services
–
like
automation,
oracles,
and
co-owned
AI.
It
offers
a
composable
stack
for
building
these
services,
and
a
protocol
for
incentivizing
their
creation.
Olas
enables
operating
these
services
in
a
co-owned
and
decentralized
way.

For
more
information
or
press
inquiries,
users
can
visit:

Contact

Azuro
team
[email protected]