Alpha Summary #1: on-chain sports betting and Azuro
Thread200 words
Bullish call$AZUR−99.8%since listing, moved against the callHow it played out ↓Short structured thesis that on-chain betting will become a multi-billion market, catalyzed by Euro 2024 and the Olympics, with Azuro as the infra play via 25+ frontends and hundreds of millions in volume.
Key claims
Global sports betting market $89.91B in 2023 to $182.02B by 2030 at 10.6% CAGR
Azuro has over 25 frontends
𝔸𝕝𝕡𝕙𝕒 𝕊𝕦𝕞𝕞𝕒𝕣𝕪 𝕊𝕖𝕣𝕚𝕖𝕤 #𝟙
⚽️ 𝗡𝗮𝗿𝗿𝗮𝘁𝗶𝘃𝗲
On-chain Sports Betting
📊 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆
The global Sports Betting market size was estimated at USD 89.91 billion in 2023 and is projected to reach USD 182.02 billion in 2030 at a CAGR of 10.6% during the forecast period 2023-2030.
On-chain betting will be a multi-billion dollar market very soon.
🚀 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝘁𝘀
@UEFAcom (mafia) Euro & Olympics this summer
💎 𝗔𝗹𝗽𝗵𝗮 𝗣𝗹𝗮𝘆
@azuroprotocol
🧠 𝗧𝗲𝗰𝗵 𝗧𝗟𝗗𝗥
Prediction market infra layer for custom front ends such as betting platforms.
💰 𝗕𝗮𝗰𝗸𝗲𝗿𝘀
@Delphi_Digital and @Arrington_Cap among others.
🎯 𝗕𝘂𝗹𝗹 𝗖𝗮𝘀𝗲
With Euros and Olympics, Sports Betting market will see a record year, pushing market size beyond $100B.
@azuroprotocol already has >25 frontends and 100s of millions in volume.
With a unique infra offering for a sector that is about to enter hyper-growth and an established position in the market, Azuro will capture potentially billions of $$$ in betting volumes and generate millions in fees.
𝚃𝚑𝚊𝚝'𝚜 𝚊 𝚠𝚛𝚊𝚙 𝚏𝚘𝚛 𝚝𝚘𝚍𝚊𝚢 𝚌𝚑𝚊𝚍𝚜! 𝙻𝚎𝚝 𝚖𝚎 𝚔𝚗𝚘𝚠 𝚠𝚑𝚊𝚝 𝚢𝚘𝚞 𝚝𝚑𝚒𝚗𝚔 𝚊𝚋𝚘𝚞𝚝 𝚝𝚑𝚒𝚜 𝚗𝚎𝚠 𝚏𝚘𝚛𝚖𝚊𝚝.
𝚃𝚑𝚒𝚗𝚔𝚒𝚗𝚐 𝚘𝚏 𝚖𝚊𝚔𝚒𝚗𝚐 𝚝𝚑𝚒𝚜 𝚊 𝚛𝚎𝚐𝚞𝚕𝚊𝚛 𝚝𝚑𝚒𝚗𝚐 𝚠𝚒𝚝𝚑 𝟷-𝟸 𝚜𝚞𝚖𝚖𝚊𝚛𝚢 𝚙𝚛𝚎𝚜𝚎𝚗𝚝𝚊𝚝𝚒𝚘𝚗𝚜.
🅆🅰🄶🅼🄸
If you want to learn more about @azuroprotocol, check my deep dive below! 👇
x.com/zerokn0wledge_/status/1780989813333836201
How the call played out · since 29 May 2024
Prices as of 23 Oct 2026This piece takes a view on $AZUR, so that move is read against the call.
Euro 2024 and the Olympics should lift onchain betting, and Azuro is the infrastructure layer serving more than 25 betting frontends.
−99.8%
Moved against the call · since it listed on 20 Jun 2024, 3 weeks after this piece
- At listing
- $0.133
- Now
- $0.000222
- vs BTC
- −99.9%
- After 1 month
- +56%
- After 3 months
- −32%
- After 1 year
- −95%
- High since
- +70% 21 Jul 2024
- Low since
- −99.8% 23 Oct 2026
Since then
Zero has written 4 more pieces on Azuro and $AZUR since this one.
- Prediction markets and onchain betting: Azuro and PolymarketBullish call on $AZUR
- Polymarket hits $300M July volume; Azuro (AZUR) as the token playBullish call on $AZUR
- Azuro (AZUR) as the undervalued prediction market play vs PolymarketBullish call on $AZUR
- Azuro as the infrastructure bet on on-chain betting ahead of its fair launchBullish call on $AZUR
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