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Home»Blockchain»Azuro launches a subsidy scheme for on-chain prediction apps on Polygon PoS
Blockchain

Azuro launches a subsidy scheme for on-chain prediction apps on Polygon PoS

2024-06-20No Comments2 Mins Read
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Azuro comes with an exclusive grant program to finance the development of applications using Azuro on Polygon PoS. This includes the promotion of on-chain prediction applications focused on sports, as well as entertainment-related projects.

In addition, the scheme provides financial and technical support to the affiliated builders.

This is seen as a first step toward strengthening ties with the Polygon community.

In the very near future, builders will have the opportunity to submit their projects for inspection. The plan includes the allocation of $20,000 divided into two separate segments, one of which is $2,000 for adding features to current applications, and the second of which is $4,000 for more complicated features.

The assessment of the projects in question will be based on their capabilities, on the added value offered to the Azuro and Polygon communities. This will depend on the process followed for its creation, as well as the technical details involved and the time period for completion.

Azuro is known to support 28 applications that operate on-chain prediction markets, many of which leverage Azuro’s framework on Polygon PoS.

Polygon PoS is known as one of the most sought-after networks, responsible for hosting a huge volume of dApps, along with handling more than 200 million exclusive addresses. On top of that, it executes 3 million transactions every day and leverages $5 billion in assets.

Azuro, on the other hand, is an on-chain prediction platform consisting of flexible tools, as well as TVM chains for oracle and liquidity services, for hosting prediction and gaming applications.

See also  Bitcoin On-Chain Indicator Signals Panic Selling at Current Levels – Time to HODL?

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