Azuro

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.