Aventus

Halal Rating :
Comfortable
Contract: 0x0d88ed6e74bbfd96b831231638b66c05571e824f
Last Price $1.7 Last updated:
Rank 1049
1D Change -3.06 %
Market Cap $10.25m
Circulating supply 6,000,000
Maximum supply 10,000,000

Crypto Overview

Categories
  • Events
  • Enterprise Solutions
  • Loyalty
  • Ethereum Ecosystem
  • Polkadot Ecosystem

Purpose and Utility

Aventus is a layer-2 blockchain network built on Ethereum that aims to provide scalable, faster, and lower-cost transactions. The AVT token serves as a utility and governance token within the Aventus Network ecosystem.

Core Functionalities

The platform focuses on providing blockchain solutions for enterprises, particularly in ticketing, supply chain management, and NFTs. AVT tokens are used for staking to secure the network, voting on governance proposals, and paying for transaction fees on the network.

Current Usage and Adoption

Aventus has established partnerships with several businesses and has demonstrated real-world implementation of its technology, particularly in the ticketing industry. The network processes millions of transactions and has integrated with various enterprise clients.

Development Activity

The project maintains active development, with regular updates to its protocol and continuous improvements to its infrastructure. The development team regularly publishes updates and technical documentation.

Token Distribution and Governance

The AVT token distribution includes allocations for development, partnerships, and community initiatives. Token holders can participate in network governance through a voting mechanism, suggesting and voting on protocol improvements.

Revenue Model

The platform generates revenue through transaction fees paid in AVT, which are distributed to network validators and stakers. This model aligns with Islamic finance principles as it represents payment for actual services rendered.

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