Aventus

in #crypto-news8 years ago (edited)

ICO too hot to touch right now?
I'm fully aware that the ICO market right now is very very overfunded. I even suggested people to skip some of the most hyped ICO's of last week, but even in a raging bear market there is money to be made. In fact I believe the optimum way to make money in crypto is just like stocks or bonds or anything else...in long term power coins those that have the fundamentals, team, whitepaper, first lead advantage and a working product.

aventus1.png

I've found another gem!
If you had paid attention to my previous post I suggested you get Ten X ico so I hope you did!

https://aventus.io/
I see huge potential in this company. Its purpose is obvious and clear to everyone. I can see straight away where its going and what its doing. its really a valueable coin too as only 10M will be the total supply and 6M will be the crowdsale supply.
"Aventus is a fair, secure, and transparent blockchain-based event ticketing solution that practically eliminates fraud and unregulated touting. Organisers can create, manage and promote their events and tickets with dramatically reduced platform costs, and can set price controls and receive commissions on secondary market sales."
What does it do exactly? Well lots! The Aventus protocol allows event organisers to submit their event to a global, verified events pool, that anyone with an audience can curate, sell tickets for, and gain commissions for doing so. One of the features is that it makes it very easy for exteral users i.e people unfamilar with cryptos to use. A cool feature is the ability to make a personal ticket for your own event! A big feature and one most of the better coins have is a direct fiat to coin conversion mechanism.

• An Ethereum account management platform where users with minimal crypto-currency
knowledge can have their accounts, funds, and transactions managed on their behalf.
• A fiat to AVT conversion mechanism so that users can buy tickets easily, and so event
organisers and app developers can cash out quickly if necessary to avoid currency
risk. This will be done through a third party payment processor such as Uphold or
MetalPay.
• A ticket and ID validation service where attendees’ faces will be scanned and compared
to photos uploaded at point of purchase using machine vision. This will reduce
entry fraud at events and allow organisers to track the performance of bouncers.
• Template user interfaces and integration tools that further lowers the barrier to entry
to creating a customised ticketing interface for event organisers (e.g. a football club)
or promoters (e.g. an influencer).
• Others worth mentioning include in-event advertising tools and reputation calculations
for promoters with respect to sales generated in previous, similar events.
More services will be added over time depending on demand.
https://aventus.io/doc/whitepaper.pdf

Most important details:
anvetus.png
The Aventus token is called Avent Coin (AVT)
Its ICO is running from 19th July to 24th with a cap of $15M
1 ETH = 128 AVT
Its is on the ETH network of tokens so MEW can store it
The teams supply of AVT will be locked for 1 year
)

Price estimation... the big question how much?
Well firstly lets look at its timeline:
timeline.png
So an alpha trial will be released and be tested until Q4 when we will see a big jump in price.
1eth = 128 AVT and you may think this expensive but lets examine this. At the current price eth is worth $275 meaning each AVT would be purchased at $2.15. 6,000,000 X 2.15 = $12,900,000. That would not be even 100 top on coinmarket cap, it would be deep into shitcoin territory. I expect a coin with this use case to be in a market cap region of $200 million at least. With such a rare coin at only 6M supply I expect this to sell Usain Bolt fast so get your fingers ready!

Important Links:
Website: https://aventus.io/
For latest updates follow their Twitter: https://twitter.com/aventussystems
ANN thread: https://bitcointalk.org/index.php?topic=1979867.0
SLACK: https://slack.aventus.io
LinkedIn:https://www.linkedin.com/redirect

1 major edit is that the team is varying the eth:avt rate as the eth price drops, currently they are offering 1eth = 100 avt so keep a researching eye on that.

Please headbutt that up vote button and re steem and follow and and and just keep it Irish :D Good luck my friends

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Great pics!
Follow mi on
@soufianesgh
i following u back
One love

Great use case. Just a tad too expensive!.
I'll follow.

you mean too expensive for you?

$12M market cap is a lot for just a concept.
But the idea is great.
I'll but a couple ETH on it :-)

Hey Celtic - I have posted the review you asked for on Aventus, let me know your thoughts and constructive feedback (be nice!)

:)