Azuro Leveraging AI Using Olas to Predict Sports Event Results
The post Azuro Leveraging AI Using Olas to Predict Sports Event Results appeared on BitcoinEthereumNews.com.
Advertisement     Azuro, a prominent player in the world of on-chain predictions, has partnered with Olas, a cutting-edge network for autonomous AI agents, to harness their advanced AI technology. Together, they are working on creating an autonomous agent that can seamlessly function within the Azuro ecosystem. Azuro is the leading infrastructure layer for sport and entertainment prediction markets within EVM chains. More than 25 operational apps are currently on the protocol, and several others are already in progress. The innovative liquidity pool design, sophisticated tooling, and oracle solutions enable apps to deploy without any upfront investment or running costs. This helps save valuable development resources focused on user acquisition, engagement, and monetization. The transaction volumes on Azuro have experienced consistent and rapid growth over the past year, reaching an impressive $350+ million. Additionally, the protocol revenue has exceeded $3M+, solidifying Azuro’s position as the recent top revenue-generating protocol on Polygon. Olas, renowned for its composable stack that facilitates the creation of cutting-edge autonomous services, offers a comprehensive framework for developing advanced autonomous agent technology. These AI agents, operating off-chain, are reflected on-chain through smart contracts. This partnership allows Olas AI technology to tap into the rapidly expanding prediction markets ecosystem. The Azuro AI agent will be able to learn and make precise predictions about the outcomes of sports events. The agent will be equipped with data from Azuro markets to enhance its learning capabilities. Once this AI agent is up and running, it can analyze and participate in prediction markets on Azuro independently. This will enhance the ecosystem by providing all participants with data-driven insights and predictive capabilities. Advertisement   “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…
Filed under: News - @ June 13, 2024 1:26 am