On June 18, 2024, in Lisbon, Portugal, Azuro and the Polygon community are joining forces to enhance the value proposition for entrepreneurs using their combined infrastructure solutions.

As a first step, Azuro will launch a grants program to support the development of new applications on Polygon PoS. This initiative aims to foster innovation and expand the ecosystem of on-chain prediction markets.

Developers will soon be able to submit their projects for consideration in the program, which will distribute a total fund of $20,000 across two grant tiers. Projects will be evaluated based on their potential to add value to both the Azuro and Polygon communities, with criteria including development stages, technical specifications, time estimates, and go-to-market strategies.

This collaboration builds on the successful integration of Azuro with Polygon PoS, which has made Azuro a revenue leader among Polygon applications. With over 27 active applications running on-chain prediction markets, Azuro has seen transaction volumes exceeding $360 million and liquidity from over 4,500 providers.

The unique liquidity pool design, tooling, and oracle solutions of the Azuro protocol allow developers to deploy applications without upfront costs, focusing instead on user engagement and monetization. Polygon PoS provides scalability and cost-efficiency with low transaction fees, making it an ideal blockchain for Azuro’s user-centric prediction markets ecosystem.

The collaboration leverages Polygon PoS’s scalability and low transaction costs to offer users a superior user experience compared to traditional online prediction platforms. Developers can benefit from Polygon PoS’s EVM compatibility, active developer community, and extensive documentation to build and deploy applications efficiently.

Azuro is the on-chain predictions layer that offers modular tooling, oracle, and liquidity solutions for EVM chains to host prediction and gaming apps. With Azuro, developers can quickly build and monetize apps with zero upfront or running costs.

For more information, visit Azuro’s website, Discord, Medium, documentation, Github, and on-chain stats.

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