Azuro as the infrastructure bet on on-chain betting ahead of its fair launch
Thread488 words
Bullish call$AZUR−99.8%since listing, moved against the callHow it played out ↓Positions Azuro as the shovel seller of on-chain sports betting, with over $320M processed volume and 25+ betting protocols built on it. Lays out the fair launch terms and compares the $75M launch valuation to the $0.075 lowest private round price.
Key claims
15.2% of supply circulating at TGE with 3% airdrop
Launch price $0.075 for a $75M valuation, circulating mcap $11.4M
Aevo pre-market trades at $0.21
Global sports betting market $155B in 2022
💸 𝕆𝕟𝕔𝕙𝕒𝕚𝕟 𝔹𝕖𝕥𝕥𝕚𝕟𝕘 - 𝕋𝕙𝕖 𝔹𝕚𝕝𝕝𝕚𝕠𝕟 $$$ 𝕆𝕡𝕡𝕠𝕣𝕥𝕦𝕟𝕚𝕥𝕪 💸
Meet ███████, one of my big bets for this sport event-packed summer!
𝗧𝗼𝗸𝗲𝗻 𝗳𝗮𝗶𝗿 𝗹𝗮𝘂𝗻𝗰𝗵𝗶𝗻𝗴 𝘄𝗶𝘁𝗵𝗶𝗻 𝗵𝗼𝘂𝗿𝘀 𝗮𝗻𝗱 𝗮𝗹𝗹 𝘁𝗵𝗲 𝗮𝗹𝗽𝗵𝗮 𝗰𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘇𝗲 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗶𝘀 𝗿𝗶𝗴𝗵𝘁 𝗵𝗲𝗿𝗲! 🚀👇
The UEFA Euro tournament is the second largest football event in the world and the 2024 edition is happening right now.
According to estimates, the last Euro four years ago generated around $15B billion in betting activity globally.
For years the global sports betting market has seen significant growth and it is projected to continue expanding.
Already in 2022, the market was valued at approximately $155B. Projections indicate that it will grow to around $281B by 2029, reflecting a compound annual growth rate (CAGR) of 8.84%.
More recent estimates suggest that by 2030, the market could reach about $182B, with a CAGR of 10.3% from 2023 to 2030.
In the midst of this betting madness, the most promising on-chain betting protocol is launching its token.
And no, I'm not talking about another frontend UI anon.
I'm talking about the universal prediction market infra layer that has already processed >$320M in volume and on top of which >25 betting protocols are already built!
@azuroprotocol means powerful tooling, oracle & liquidity solutions for any app and EVM chain.
If the betting hype is a goldrush, @azuroprotocol is literally the guy selling the shovels.
In a billion $$$ market, that is a powerful position to be in.
I'm an infrastructure and a football fan.
I like to make money.
I also like to bet.
Hence, @azuroprotocol as an investment case was a no-brainer to me and I'm looking to scoop more once the token is live.
Their fair launch approach is unique and gives everyone a chance to get in at the groundfloor.
No artificially pumped up valuation in the 100s of millions on launch day.
Let's have a closer look at the launch details! 👇
✦ The circulating supply at TGE is 15.2% (of which the Airdrop is 3%)
✦ The starting price will be set at $0.075 (75M valuation)*
✦ Circulating mcap at launch is $11.4M
✦ Token launch will happen on Ethereum mainnet Uniswap v3 & CEXs
✦ LP positions in the AZUR/ETH pair will be incentivized with $AZUR
* ) $0.075 was the lowest price/valuation at which funds were raised privately in the past 18 months (VC rounds at $0.085 and $0.15 respectively, small KOL round at $0.075)
Currently, the $AZUR price on @aevoxyz is $0.21 pre-market. However this listing was not supported by @azuroprotocol or done on Azuro’s behalf.
Forget Euro memes, NationFi or player tokens anon.
The real meta here is on-chain betting!
And in a goldrush, bet on the guy selling the shovels, not the one digging for gold.
DYOR on $AZUR anon.
And don't forget the Olympics is happening right after the Euros... 👀
If you're looking to DYOR, check my deep dive below!
x.com/zerokn0wledge_/status/1780989813333836201
1 image on X
How the call played out · since 19 Jun 2024
Prices as of 23 Oct 2026This piece takes a view on $AZUR, so that move is read against the call.
−99.8%
Moved against the call · since it listed on 20 Jun 2024, 1 day 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 3 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
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish thesis is read as a call; explainers, maps and mentions are context. Not financial advice.