Azuro and Chiliz working together to boost adoption of onchain sport prediction markets

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Azuro, the leading liquidity layer for onchain predictions, and Chiliz, the world’s premier sports and entertainment blockchain, are partnering up to accelerate the adoption of onchain sport prediction markets

, the world’s premier sports and entertainment blockchain, are partnering up to accelerate the adoption of onchain sport prediction markets. These efforts will allow millions of fans worldwide to further support and cheer for their favorite teams and athletes through fair and transparent prediction apps.

The network leverages a Proof of Staked Authority consensus algorithm which allows smart contract developers, validators, stakers, and other stakeholders to actively interact with the chain. Chiliz Chain is built to power sports and entertainment applications with a focus on brand IP and project use-case integrity.

Azuro’s robust platform, currently supports over 25 active applications with transaction volumes surpassing $290 million, offers an ideal environment for Chiliz to expand its offerings in the sports and entertainment sectors. Looking ahead, Azuro and Chiliz will be soon launching a co-sponsored grants program aimed at incentivizing app developers to build on their combined infrastructure. These initiatives, including bounties for the first apps, are designed to fuel further adoption of onchain prediction markets, and aligned with Azuro’s vision for setting new transparency and fairness standards.Azuro is the onchain predictions layer.

 

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