Aventus is a platform which is based on Ethereum. Aventus is an open source blockchain based system that can control the complete life cycle of event tickets in a flexible and modular manner. The economic model of Aventus helps in completely eliminating any uncontrolled resale of false, duplicate or counterfeit tickets. Aventus is helpful to every organiser of events. Aventus allows the event organisers to create, manage and promote their tickets of the events at a drastically reduced cost. Aventus also allows the event organisers to set controls on prices of their tickets and receive commissions on resale of tickets. Aventus also offers rewards to buyer of tickets for their promoting the event. Buyers of tickets are also rewarded for identifying fraudulent activities in event ticket selling.
AVT or AventCoin is the coin that underlies the protocol of Aventus. AVT fuels the Aventus ecosystem. AVT also guarantees the autonomous running of Aventus protocol. It ensures decentralised running of Aventus protocol and running of Aventus protocol without any incidences of fraud. AVT also empowers for stake weighted voting and the mechanism of consensus for voting. The voting is for deciding the legitimacy of the events on Aventus protocol, the applications within Aventus protocol and the determining parameters of the process of working of Aventus protocol.
AVT carries a significant responsibility of facilitating anonymous matching of the buyers and sellers of tickets, in the secondary market. These match makers perform exactly like miners. They work in the Ethereum blockchains. These matchers get rewards in forms of new AVT for completing performance of all these computation work. The matcher who wins for a given ticket is exactly similar to the miner who wins for a given block. This winner is chosen by a distribution of AVT stake weighted probability.
Aventus ticketing software infrastructure makes use of the blockchain and artificial intelligence. It is used to solve some of the biggest problems in selling of tickets and resale of tickets. Aventus aims at building an open source standard for the entire industry which allows the ticketing companies and different vendors to focus on their propositions of core value. Aventus helps in reaching to a wider audience. Aventus helps the event organisers to open their ticketing inventory to new channels of sales, without making any compromise to any rules.
Aventus uses its proprietary blockchain based protocol to dramatically control and reduce event tickets black marketing activities. Aventus also uses its modular and light weight blockchain based protocol to reduce the cost of tickets up to 90%. Aventus also helps in drastically reducing any confusion of the consumer with blockchain as anyone can see the owner of a ticket and the source of their ticket purchasing with time.
Aventus is a much needed and helpful Ethereum based platform for verifying authenticity of event tickets, reducing the cost of tickets and prevent from any frauds. Aventus also helps the event organisers by helping them selling their tickets in multiple channels.
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