The role of blockchain in modern prediction markets — Interview with Azuro

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This protocol provides advanced tools and liquidity solutions to simplify the development and participation in on-chain prediction markets

, an on-chain predictions market protocol, makes it easy to build and participate in prediction markets. By providing advanced tools, oracle solutions and a unique liquidity model, Azuro allows developers to create apps quickly and without upfront costs.

Using the Azuro protocol means, as an entrepreneur, you’re removing development and staffing costs and payment processing. In other words, you free up resources to focus on what’s most important for your business: user acquisition and retention. Since our launch, over 28 applications have used our protocol, onboarding more than 27,000 unique users and resulting in over 4 million transactions. To date, the protocol has seen volumes in excess of $360 million.compatible blockchain. So far, we have integrated networks that understand the challenges of on-chain prediction markets. Our expanding ecosystem has made us one of the fastest-growing protocols on Gnosis and a multi-month revenue leader on Polygon PoS.

As part of this collaboration, Azuro has added support for Chiliz Chain, which enables developers to develop apps using the combined infrastructure. New and existing builders relying on Azuro infrastructure can connect their apps to the Chiliz Chain and allow users to place transactions with the blockchain’s native token, CHZ.

CT: Azuro is preparing for the token generation event for the AZUR token. What can you tell us about the upcoming TGE and its significance for Azuro?Yes, of course, the TGE is a very major event in the Azuro ecosystem. It is something everyone has been waiting for, as it marks a significant step toward decentralizing the governance of our protocol even more than it already is. Holders of the AZUR token will be able to vote, stake and get perks as the ecosystem expands.

 

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