PlayFi and Allora team up to advance Esports Prediction Markets

Discover how PlayFi and Allora Network are revolutionizing esports prediction markets by leveraging cutting-edge AI and decentralized data solutions.

PlayFi is officially partnering with Allora Network, bringing Allora’s advanced data capabilities to power season-long esports prediction markets. As a reputer within the Allora ecosystem, PlayFi will play a pivotal role in sourcing, validating, and enhancing the accuracy of data critical to the network. 

This collaboration is set to redefine how data-driven insights are applied in esports, pushing the boundaries of prediction markets to new heights.

Behind the PlayFi and Allora collaboration

Allora’s cutting-edge infrastructure enables applications to leverage smarter, more secure AI through a self-improving network of machine learning models. Its reputation as a leader in the intelligence layer of the AI stack, aligns seamlessly with Playfi's expertise in transforming live content into structured, actionable data.

Both projects are driven by the same goal—ensuring that data is not only accurate but also verified through a trusted, decentralized process leveraging decentralized AI networks.

We're not just another AI project with a slightly different LLM,” says Ben Beath, Founder of PlayFi. “What we're building at PlayFi has the potential to be used by billions of people across the globe. Interacting in real time with live content, streams, TV, sport and gaming will be the new norm with PlayFi's tech.”

Together, PlayFi and Allora aim to provide the reliability and transparency needed to take esports prediction markets to the next level.

PlayFi becomes a reputer in Allora Network to drive live data precision

Through this collaboration, PlayFi will focus on providing high-quality training data for esports-related topics, specifically in season-long prediction markets. As a reputer within the Allora Network, PlayFi will score worker inferences by comparing them to real-time data from live esports events.

In the Allora Network, a worker delivers ML-powered inferences for a topic that is created in the network, receiving rewards based on the quality of the inference, while reputers ensure data accuracy by comparing worker inferences to the ground truth—verified real-world data. 

As the number of workers grows, reputers evaluate their performance to maintain quality, upholding the network’s reliability and integrity while receiving rewards for accurate assessments.

This Allora Inference consumption layer scheme shows how reputers verify the accuracy of inference workers
(source:
Allora developer docs)

This process, combined with the ability to secure topics through staking, ensures that every aggregated output on the Allora Network is backed by reliable, verified data.

With PlayFi's ability to deliver 100% accurate, real-time data extraction from live content, they are uniquely suited to this role. By integrating their proprietary Zero-Knowledge Proof (ZKP) method, PlayFi can ensure that data is securely processed and stored on decentralized servers.

PlayFi will also be rewarded based on the accuracy of loss calculations, further incentivizing their role in maintaining the network’s data integrity. PlayFi's AI and decentralized data solutions, paired with Allora's decentralized intelligence machine, will drive forward the accuracy and reliability of esports prediction markets in a meaningful way.

About the Allora Network

Allora is a self-improving decentralized AI network.

Allora enables applications to leverage smarter, more secure AI through a self-improving network of ML models. By combining innovations in crowdsourced intelligence, reinforcement learning, and regret minimization, Allora unlocks a vast new design space of applications at the intersection of crypto and AI.

To learn more about Allora Network, visit the Allora website, X, Blog, Discord, and developer docs.


About PlayFi

PlayFi unlocks blockchain primitives for the content the world is watching. By extracting structured data from content in real-time with powerful AI processing, PlayFi brings web3 features to the world's most popular games, sports, live streaming and more.

To learn more about PlayFi, visit our website, X, Discord and developer docs.