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Azuro

Azuro

Decentralized autonomous organization focused on the democratization and innovation in betting

A bet is one of the first forms of contract used by people thousands of years ago. Today, however online betting is plagued by lack of transparency & fairness, much because it's a system built on negative incentives putting bookmakers & players against each other. At the same time decentralized betting never took off due to inefficient liquidity solutions, resulting in lack of betting markets and very poor UX. To top it all off - come the infinite unrealised possibilities within web3 and GameFi for betting to take shapes not yet imagined.

Azuro utilizes smart-contracts to build a decentralized betting protocol deploying an innovative solution for liquidity provision and allocation. Betting becomes transparent and trustless, while depth of betting events, markets and UX remains as good as it gets.

Furthermore, Azuro democratizes the business of betting by breaking down the role of the traditional bookmaker into several smaller roles, openly available for anyone to benefit from: liquidity provision, front-end management, data provision via oracles, decentralized (DAO) governance. As a result we envision a rich, fun betting environment with decreased cost of service to players, full transparency, community-run and with a commitment to responsibility.

Timeline

January 19, 2022
Azuro closes $3.5mln seed round to build the base layer for decentralized betting
January 11, 2022
Scaling prediction markets via pooled liquidity & market creation via oracles
January 9, 2022
Azuro Testnet v2 User Guide - azuro - Medium

This guide will take you through everything you need to start using Azuro Testnet v2.

This week sees the launch of the new and improved Azuro Testnet and to celebrate we are running various competitions where you can win some fantastic prizes.

Full details on #azuroSZN competitions and prizes can be found here

Step 1: The basics

Join the Azuro Discord

Follow us on Twitter

Ensure you have a Metamask account set up

Step 2: Verify your wallet in the Discord in order to qualify for the competitions

Your Metamask wallet is required in order to track your Testnet v2 betting activity and reward prizes as part of the #azuroSZN competitions.

To verify yourself you need to:

Go to Azuro Discord

pass the welcome Captcha

go to the #wallet-verification channel

follow instruction to connect your wallet via Collab.land

Step 3. Navigate to Testnet v2

Navigate to Testnet v2 on the Azuro website — https://app.azuro.org/

Step 4. Connect your wallet to the Azuro Testnet

Step 5. Change your network to Rinkeby

Step 6. Get testnet ETH on the Rinkeby network

Betting on Azuro Testnet will not cost users tx fees. You can claim test ETH from the Rinkeby network and claim free USDT tokens to bet with from Azuro.

First of all claim your tesnet ETH here — https://faucets.chain.link/rinkeby

Add your wallet address you’ll be using on testnet to the ‘testnet account address’ field and press ‘send request’ after completing the CAPTCHA.

The Chainlink faucet will give you 0.1 ETH per claim (More than enough gas to participate for the duration of the testnet).

Option 2:

If you have problems with the first option you can ask the community to send you some testnet ETH in the #rinkebyproblems channel in Discord.

Just send your wallet address to the channel.

Step 7. Return to Testnet v2 and claim your 100 USDT

Step 8. Make bets and compete for amazing prizes

You can track your bets in the ‘My Bets’ section as shown below.

Once the event is over, if you bet has won you will need to click the redeem button to claim your winnings. This triggers a rinkeby transaction and will update you USDT test token balance once complete.

You’re all set, make sure to check out the campaigns running on testnet in Discord and here on medium!

August 24, 2021
Azuro Testnet Launch & Betting Contest - azuro - Medium

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

AZURO AMA with Paruyr Shahbazyan (CEO) & Rossen Yordanov (СМО)

Web

November 17, 2021

Azuro introduction with the CEO -- Paruyr Shahbazyan

Web

August 21, 2021

Why We Are Betting on the Blockchain, Interview With Azuro's Paruyr Shahbazyan | Headlines | News | CoinMarketCap

Web

References

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