ZUG, SWITZERLAND – 03/11/2024 – (SeaPRwire) – In a groundbreaking move aimed at reshaping decentralized finance and prediction markets, Lisk, a prominent Layer 2 blockchain with a focus on bringing Ethereum-based applications to emerging markets, has entered into a strategic partnership with Soccersm, an innovative AI-powered prediction market platform. This partnership marks a significant milestone, positioning Lisk as the first project within the Optimism Superchain to incorporate prediction markets on its blockchain, setting the stage for broader adoption and innovation.
A Pioneering Collaboration
This partnership signifies more than just an alliance; it is a concerted effort to blend advanced blockchain technology with cutting-edge AI-driven tools to create a robust, user-centric platform. By integrating Soccersm’s AI-assisted prediction capabilities, Lisk will further solidify its position as a leader in the Web 3.0 ecosystem, offering a unique combination of decentralized betting pools, pre-match predictions, and interactive casino-style games. This collaboration comes as part of a beta program, with a full-scale mainnet launch targeted for early Q1 2025.
Soccersm’s unique platform introduces “Challenge Pools,” a decentralized peer-to-peer (P2P) betting system that allows users to compete against each other based on the outcomes of a variety of events. By leveraging the power of AI, the platform’s “Prediction Agent” analyzes data and provides users with pre-match insights to guide their betting choices, creating a smarter, more informed wagering environment. Soccersm is already home to a robust user base of over 65,000 individuals, positioning itself as an influential player within the prediction market scene.
Strategic Deployment and Broader Implications
One of the most notable aspects of this partnership is its potential to disrupt traditional centralized betting models. The integration of Soccersm’s technology into Lisk’s Layer 2 framework aims to create a truly permissionless and decentralized environment. According to Dominic Schwenter, COO of Lisk, this strategic deployment is not just about innovation but about democratizing access to predictive financial tools. “The deployment of Soccersm is a significant step in our evolution,” Schwenter stated. “While other platforms have shown the appetite for prediction markets, Lisk will work with the Soccersm team to offer a fully decentralized, permissionless alternative. As a result, we will continue to build a community where users can create and trade prediction markets without relying on centralized intermediaries. I’m excited to see the diverse range of markets our users will establish, from sports outcomes to politics and economic indicators.”
The platform’s integration will also feature Soccersm’s range of engaging casino games, including the popular Balls Game, Wheel of Treasures, and Raffles, enriching user experience and providing varied entertainment options alongside prediction markets.
Lisk’s Role in Emerging Markets
Lisk’s dedication to facilitating Web 3.0 adoption in emerging economies underpins this partnership. By providing scalable, cost-efficient blockchain solutions through its Ethereum-aligned Layer 2 technology, Lisk enables real-world applications to thrive in regions that may face infrastructural or economic challenges. This focus is echoed by Baah Kusi, Co-Founder of Soccersm, who emphasized the importance of Lisk’s commitment to emerging markets. “We are choosing to deploy exclusively on Lisk because of the protocol’s commitment to building in emerging markets like Africa,” Kusi explained. “With Lisk, we have greater opportunities to grow and tap into a community eager for innovative prediction market solutions.”
The optimism surrounding this partnership aligns with Lisk’s broader mission to democratize blockchain technology for developers globally. Since its inception in 2016, Lisk has championed accessibility and inclusivity within the blockchain space. As an original member of the Optimism Superchain—a collective that includes notable entities such as Base, Mode, and Worldchain—Lisk is contributing to the creation of an interoperable, integrated supernetwork.
What This Means for Users and the Ecosystem
For users, this partnership opens new possibilities for both financial gain and community involvement. The AI-backed insights from Soccersm provide an edge in predicting outcomes across various fields, from cryptocurrency trends to sports matches, political elections, and even pop culture events. This level of diversification ensures that users can engage in prediction markets that resonate with their interests.
Furthermore, the no-intermediary nature of this collaboration empowers users to create and trade their markets. This unique approach eliminates the biases often found in centralized systems, ensuring a more equitable and transparent experience.
The partnership also promises to drive increased interest and activity within the Lisk ecosystem, adding to its volume and user engagement. As part of this, Soccersm’s fun, interactive games provide not only entertainment but also additional profit opportunities for participants.
Conclusion
This strategic partnership between Lisk and Soccersm is set to redefine how decentralized, AI-enhanced prediction markets operate, making blockchain technology more accessible and beneficial to users in emerging markets. With a beta launch already in motion and the mainnet launch scheduled for early 2025, both companies are poised to lead a new wave of blockchain innovation.
For more insights into this partnership, visit Lisk and Soccersm’s official platforms.
SOURCE: Lisk
by Arrow123
The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.
Sectors: Top Story, Corporate News
SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi …
source https://newsroom.seaprwire.com/technologies/lisk-and-soccersm-join-forces-to-revolutionize-ai-powered-prediction-markets/