#Write2earn EMPOWERING ONCHAIN SPORTS PREDICTION MARKETS: THE AZURO-CHILIZ PARTNERSHIP

#ChilizChain #chiliz #CHZ $CHZ

Azuro, a leader in onchain predictions liquidity, and Chiliz, a top blockchain platform for sports and entertainment, are teaming up to boost onchain sports prediction markets. This collaboration aims to offer millions of fans worldwide fair and transparent prediction apps, allowing them to show greater support for their favorite teams and athletes.

Chiliz Chain is known for its blockchain solutions revolutionizing fan engagement in sports through features like fan tokens and interactive platforms. Through Socios.com, Chiliz Chain supports over 80 sports-related fan tokens and serves more than 2 million ecosystem users, including leading football clubs like FC Barcelona and Manchester City.

Chiliz Chain operates on a Proof of Staked Authority (PoSA) consensus algorithm, facilitating active interaction with the chain by smart contract developers, validators, and stakers. The collaboration with Azuro enables Chiliz to tap into the rapidly expanding onchain prediction markets, leveraging Azuro's innovative liquidity pool design and oracle solutions.

Azuro's robust platform, with over 25 active applications and transaction volumes exceeding $290 million, provides an ideal environment for Chiliz to extend its reach in the sports and entertainment sectors. Chiliz will integrate into the Azuro Protocol, alongside existing supported chains like Polygon and Gnosis Chain, broadening its presence within sports-focused prediction applications.

Alexandre Dreyfus, CEO of Chiliz and Socios.com, highlighted the significance of integrating with Azuro to capitalize on the expanding onchain prediction market. Rossen, a core contributor at Azuro, emphasized the natural synergy between onchain prediction markets and the sports and entertainment sector, making collaboration with Chiliz Chain a logical step forward.