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

United Kingdom News News

Azuro and Chiliz working together to boost adoption of onchain sport prediction markets
United Kingdom Latest News,United Kingdom Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Azuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction MarketsAzuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction MarketsAzuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction Markets
Read more »

Blockchain prediction layer Azuro raises $11M after pre-launch funding roundAzuro, the leading liquidity layer for onchain predictions, is excited to announce the successful closure of its pre-launch funding round, increasing the total capital raised to $11M
Read more »

SBI Holdings and Chiliz to set up joint venture in Japan for sports fan tokensSBI Holdings and Chiliz to set up joint venture in Japan for sports fan tokensThe joint venture seeks to provide token-based experience and rewards for Japanese fans, including game-day activations and voting rights.
Read more »

Sennheiser Momentum Sport earbuds take your temperature the easy waySennheiser Momentum Sport earbuds take your temperature the easy wayThe Sennheiser Momentum Sport squeezed a thermometer in the earbuds. The real question is whether you actually need that sort of stat in your daily workout.
Read more »

Track and field becomes first sport to pay prize money at OlympicsTrack and field becomes first sport to pay prize money at OlympicsTrack and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying Wednesday it would pay $50,000 to gold medalists in Paris.
Read more »

Ford Thought It Fixed Bronco Sport, Escape Fuel Leak, But 5 Fires Show Problem PersistsFord Thought It Fixed Bronco Sport, Escape Fuel Leak, But 5 Fires Show Problem PersistsIn 2022, Ford recalled over 500,000 Escapes and Bronco Sports over leaking fuel. The new part that was supposed to solve that problem didn't work
Read more »



Render Time: 2025-04-06 06:14:48