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Azuro and Olas Collaborate to Enhance Onchain Prediction Markets with AI

Azuro partners with Olas to integrate AI agents for enriched prediction markets, advancing onchain predictions and enhancing user engagement.
Published on 2024-06-12

Azuro's Innovative Prediction Market

Azuro stands as a leader in onchain prediction markets within EVM chains, particularly in sports and entertainment. With over 25 operational apps and more in development, Azuro's infrastructure is revolutionizing prediction markets. Its unique liquidity pool design allows apps to launch without upfront costs, redirecting resources to user acquisition and engagement. This approach has led to impressive growth, with transaction volumes exceeding $350 million and protocol revenue surpassing $3 million, making it the top revenue-generating protocol on Polygon.

Olas and AI Integration

Olas, a prominent network for autonomous AI agents, provides a robust framework for developing advanced autonomous technologies. Through a strategic partnership, Azuro leverages Olas's AI stack to create an autonomous agent capable of operating within the Azuro ecosystem. These AI agents, represented on-chain by smart contracts, introduce data-driven insights and predictive capabilities to the market.

Enhancing Prediction Capabilities

The collaboration with Olas allows Azuro to enhance its prediction markets by using AI agents to accurately predict sports outcomes. These agents will be equipped with data from Azuro's markets to improve their predictive accuracy. This integration aims to transform market analysis and expand prediction applications beyond sports to include political forecasting and entertainment events.

Future Developments and Opportunities

Azuro is not only focused on integrating AI but also on fostering innovation. The platform plans to host a hackathon to provide tools and frameworks for developing new autonomous agents, further expanding the use cases in prediction markets. This initiative promises to open new avenues for developers and users, enhancing the ecosystem's overall value.

About Azuro and Olas

Azuro offers a comprehensive onchain predictions layer with modular tooling and oracle solutions, allowing for the rapid development and monetization of prediction and gaming apps. Olas, on the other hand, facilitates the decentralized ownership and operation of AI services, providing the necessary infrastructure for building and incentivizing autonomous agent economies. Both entities are at the forefront of integrating AI into blockchain technologies, paving the way for future advancements in the sector.

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