Lisk Partners with Soccersm to Launch AI-Assisted Prediction Markets
October 29th, 2024 1:00 PM
By: Advos Staff Reporter
Lisk, a Layer 2 blockchain, partners with Soccersm to introduce AI-assisted prediction markets on its protocol. This collaboration marks a significant development in decentralized betting and showcases the growing potential of blockchain technology in emerging markets.
Lisk, a Layer 2 blockchain focused on emerging markets, has announced a partnership with Soccersm, a decentralized AI prediction markets platform. This collaboration will see Soccersm deploying its AI-assisted prediction markets on the Lisk protocol, with a beta launch scheduled and plans for a full mainnet launch by early Q1 2025. Notably, Lisk becomes the first project from the Optimism Superchain to introduce a prediction market on its protocol.
Soccersm distinguishes itself in the prediction market space by incorporating AI to assist users in making informed betting decisions. The platform offers features such as P2P Betting (Challenge Pools) and an AI Prediction Agent, which provides pre-match predictions and recommendations. With an existing user base of over 65,000, Soccersm aims to leverage Lisk's technology to expand its reach within the Optimism Superchain ecosystem.
This partnership holds significant implications for the blockchain and prediction market industries. By offering a fully decentralized, permissionless alternative to existing prediction markets, Lisk and Soccersm are poised to revolutionize how users create and trade prediction markets without relying on centralized intermediaries. The integration of AI assistance in betting decisions also represents a novel approach that could potentially increase user engagement and market accuracy.
The collaboration between Lisk and Soccersm is particularly noteworthy for its focus on emerging markets, especially in Africa. This strategic approach aligns with the growing trend of blockchain adoption in developing economies and could pave the way for increased financial inclusion and innovative economic opportunities in these regions.
As the first prediction market on the Optimism Superchain, this development could spark further innovation and competition within the ecosystem. It may also drive increased volume and interest in the Lisk protocol, potentially attracting more developers and users to the platform.
The launch of AI-assisted prediction markets on Lisk represents a convergence of blockchain technology, artificial intelligence, and decentralized finance. This intersection has the potential to create new paradigms in how people interact with prediction markets, potentially extending beyond sports and entertainment to include economic indicators and political outcomes.
Source Statement
This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,