Azuro Successfully Closes Seed Round Amounting to $3.5 Million By CoinQuora


Azuro Successfully Closes Seed Round Amounting to $3.5 Million
  • Azuro officially closed its seed round of funding amounting to $3.5 million.
  • Azuro betting markets are created by importing odds (via oracles) for real world events.
  • Investors from betting infrastructure, sportsbetting lead generation and GameFI joined the seed round.

Decentralized betting protocol Azuro has officially closed its seed round funding amounting to $3.5 million. This successful raising of funds is made possible with the help of true value adds on the venture and the strategic partner side.

The investors that participated in the seed round event of Azuro which are now partners of the network includes, Gnosis, Flow Ventures, Polymorphic Capital, who lead the round, and Ethereal Ventures, Arrington Capital, AllianceDAO (a.k.a. DeFi Alliance), Delphi Digital, Meta Cartel Ventures, Merit Circle and Clever Advertising (a top 3 global sports betting media).

These groups of companies that put their trust in the platform are also experienced in the field of traditional betting infrastructure, sportsbetting lead generation and web3, GameFI, DeFi, and blockchain infrastructure. Ricardo Pinto (Clever Advertising) said,

On the other hand, the betting markets on Azuro are created by importing odds (via oracles) for events in the real world, live betting data. This enables sports, events and markets that are related to them to get started with competitive odds. Tommy Quite (Merit Circle) explained,

Betting will offer the GameFi space an enhanced experience and offer more options to devise play-to-earn strategies. It is a powerful infrastructure that we want to integrate into the Merit Circle Dashboard, a meta-game that will be a gateway to the Metaverse. This dashboard would be incomplete without a tailored betting API. Having extensive experience in the betting domain and with most of the current blockchain attempts to improve betting, we could think of no better fit than Azuro. Merit is committed to supporting Azuro in their mission to bring betting to the Metaverse.

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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Azuro Successfully Closes Seed Round Amounting to $3.5 Million
  • Azuro officially closed its seed round of funding amounting to $3.5 million.
  • Azuro betting markets are created by importing odds (via oracles) for real world events.
  • Investors from betting infrastructure, sportsbetting lead generation and GameFI joined the seed round.

Decentralized betting protocol Azuro has officially closed its seed round funding amounting to $3.5 million. This successful raising of funds is made possible with the help of true value adds on the venture and the strategic partner side.

The investors that participated in the seed round event of Azuro which are now partners of the network includes, Gnosis, Flow Ventures, Polymorphic Capital, who lead the round, and Ethereal Ventures, Arrington Capital, AllianceDAO (a.k.a. DeFi Alliance), Delphi Digital, Meta Cartel Ventures, Merit Circle and Clever Advertising (a top 3 global sports betting media).

These groups of companies that put their trust in the platform are also experienced in the field of traditional betting infrastructure, sportsbetting lead generation and web3, GameFI, DeFi, and blockchain infrastructure. Ricardo Pinto (Clever Advertising) said,

On the other hand, the betting markets on Azuro are created by importing odds (via oracles) for events in the real world, live betting data. This enables sports, events and markets that are related to them to get started with competitive odds. Tommy Quite (Merit Circle) explained,

Betting will offer the GameFi space an enhanced experience and offer more options to devise play-to-earn strategies. It is a powerful infrastructure that we want to integrate into the Merit Circle Dashboard, a meta-game that will be a gateway to the Metaverse. This dashboard would be incomplete without a tailored betting API. Having extensive experience in the betting domain and with most of the current blockchain attempts to improve betting, we could think of no better fit than Azuro. Merit is committed to supporting Azuro in their mission to bring betting to the Metaverse.

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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