SupraOracles Cooperates with Azuro

Published on: 31.08.2022
SupraOracles Cooperates with Azuro

SupraOracles cooperates with Azuro, a decentralized layer for the betting industry, and become a viable alternative to centralized digital bookies.

By creating a trustless and transparent system using a smart contract, Azuro allows users to become less reliant on a centralized platform and use predetermined network functions to ensure their bets are made possible.

The combination of traditional sports betting and prediction markets allow Azuro an edge over existing market features. Azuro takes the network a step further and integrates NFTs and GameFi mechanics into the betting and prediction markets. Moreover, Azuro is the first protocol layer to tackle the gambling industry and create more democratized odds using oracles.

SupraOracles will aid Azuro in initiating conditions on the smart contract and using real-life links to generate a winning or losing results for the players. SupraOracles’ decentralized oracle network will ensure data is accurately provided to the network. The Azuro ecosystem can easily access match and game data, betting odds for standard e-sports, and GameFi features.

Thus, SupraOracles will enable the sports betting industry to be less reliant on bookmakers and retain ownership of their funds. This is done by relying on smart contracts run by Azuro. With the first independent bookmaker launching a frontend for Azuro, SupraOracles will start providing match and odds metadata to a complete decentralized betting experience.

About SupraOracles

SupraOracles bridges the gap between traditional financial markets and the web3 world. Our goal is to empower the developer community by offering a robust cross-chain oracle. SupraOracles connects real-world data to public and private chains, empowering interoperable smart contracts that secure financial markets’ future. It also provides developers with a toolkit for developing, deploying, and managing data applications with greater performance, agility, and robustness.

Website | Twitter

About Azuro

Azuro is the base layer for decentralized betting.

Apps built on top of Azuro can now provide a viable decentralized alternative to traditional online bookmakers. As a result, Azuro envisions a rich, fun betting environment with decreased cost of service to players, full transparency, community-run, and a commitment to responsibility.

Website | Twitter

SOURCE:

https://supraoracles.com/news/supraoracles-partners-with-azuro-to-improve-decentralized-odd-making-for-sports-and-e-sports/

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