Ethereum
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+5.92% last 24h
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Balance: $0
($13.02 M)
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CoinMarketCap.comAventus (AVT) is a protocol and a token built specifically for the ticketing industry. It leverages Ethereum's blockchain and its smart contract capabilities to address typical issues in the ticketing industry, including fraud, scalping, and opaqueness. In this system, AVT is used in transactions and governance, facilitating ticket transfers, enabling dynamic pricing, and promoting behavior in line with the protocol's conducting principles. Moreover, AVT holders actively participate in the protocol's governance via voting on proposals and decision-making.
Aiming to overhaul certain obstacles to the ticketing world, the protocol seeks to mitigate fraud and establish a favorable condition for ticket buyers and sellers. Smart contracts play a significant role by defining and automating ticket transfer terms and ensuring each transaction abides by these rules. Furthermore, it provides a decentralized environment that empowers event organizers to autonomously set up, distribute, and manage tickets, reducing the requirement for third-parties.
The Aventus platform works alongside ticketing suppliers and venues to foster the implementation of its protocol. Other notable features of the platform include verified identities for buyers and sellers, certain measures to counter fraud, and a secondary platform for transferring tickets. The team behind Aventus, possessing knowledge in blockchain, ticketing, and event management, launched the project and continues to further its development.
Several firms have reviewed the protocol as a part of its developmental process. The detailed Aventus Whitepaper delves into the protocol, its design, and features.
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AVT Metrics:
Current price: $2.3022
Market cap: $21.45 M
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $3.25 k
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