Azuro Successfully Closes Seed Round Amounting to $3.5 Million -Breaking
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Azuro successfully closes seed round amounting to $3.5 million- Azuro has officially completed its $3.5 million seed round.
- Azuro’s betting markets can be created by import odds for real-world events (via oracles).
- Seed round investors came from GameFI, betting infrastructure and lead generation.
Azuro, a decentralized betting platform has closed its seed funding of $3.5 million. The venture’s strategic partners and true value added made this possible.
Gnosis was one of the partners in Azuro’s seed-round event. Flow Ventures, Polymorphic Capital and Polymorphic Capital led the round. AllianceDAO, AllianceDAO (a.k.a. AllianceDAO) were also among those who took part. DeFi Alliance, Delphi Digital, Meta Cartel Ventures and Merit Circle, as well as Clever Advertising, are now partners of Azuro.
The trust placed in this platform by these companies is also based on their experience in traditional betting infrastructure, lead generation in sportsbetting, web3 and GameFI, as well as blockchain and crypto infrastructure. Ricardo Pinto (Clever Advertising) said,
Azuro’s approach to decentralized betting has been long-awaited by the community. The community is excited that they have decided to create a liquidity base to make the project a success. This will allow for many related ventures to benefit from its impact. Azuro is a great opportunity to learn and grow.
Azuro has its own betting market. It imports odds from the live world via oracles. These allow sports, markets and events that have a connection to each other to start with competative odds. Tommy Quite, (Merit Circle), explained.
The GameFi Space will have a better experience with betting and more ways to create play-to earn strategies. This is an important infrastructure, which we plan to incorporate into the Merit Circle Dashboard. It will also be used as a gateway for the Metaverse. The dashboard is incomplete without an API for betting. Azuro, with its extensive knowledge in the betting industry and the majority of current blockchain initiatives to improve betting, is a perfect fit. Merit has committed itself to support Azuro and their efforts to make betting accessible in the Metaverse.
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