Azuro, a leading onchain predictions layer that recently secured $11 million in pre-launch funding, has announced its collaboration with Sophon, an emerging entertainment-focused modular network built on zkSync‘s Hyperchain stack. This partnership aims to drive ecosystem development initiatives supporting the creation of prediction applications utilizing both Azuro and Sophon’s combined infrastructure.
Sophon: A Platform for High-Throughput Applications
Sophon, designed for high-throughput applications in gaming, artificial intelligence, and entertainment, leverages the ZK Stack to become a key player in the blockchain-powered entertainment sector. With a focus on user-centricity, Sophon utilizes one of the most advanced Ethereum L2 solutions available in the market today.
Azuro’s infrastructure complements Sophon’s vision by enabling developers to create prediction applications without the need for upfront investment or smart contract development work. The protocol provides all necessary tools for on-chain app deployment, simplifying entry into the prediction markets sector.
Advanced Solutions for Businesses
Through the Azuro SDK, businesses gain access to unique liquidity pool designs, advanced tooling, and Oracle solutions, empowering them to focus on user acquisition, engagement, and monetization efforts. Currently, Azuro powers over 26 active applications with transaction volumes exceeding $340 million.
Sophon recently secured a $10 million seed round led by Paper Ventures & Maven 11, with participation from Spartan Group, SevenX Ventures, OKX Ventures, and others. As a technology partner, Azuro joins Sophon’s network alongside infrastructure partners like zkSync and Beam.
Incubating Prediction Applications
The collaboration between Azuro and Sophon aims to incubate and support prediction applications in the Sophon ecosystem. Together, they plan to launch a co-sponsored grant program to accelerate the adoption of Sophon-run, Azuro-built prediction apps.
By combining their resources and expertise, Azuro and Sophon are poised to drive innovation and growth in the blockchain-powered entertainment sector, fostering a vibrant ecosystem for prediction applications.
