Aventus Trading 16.7% Higher Over Last Week (AVT)

Aventus (CURRENCY:AVT) traded 0.6% higher against the US dollar during the 1-day period ending at 23:00 PM Eastern on February 17th. Aventus has a total market cap of $15.58 million and approximately $161,523.00 worth of Aventus was traded on exchanges in the last day. In the last week, Aventus has traded up 16.7% against the US dollar. One Aventus token can currently be purchased for $2.60 or 0.00023794 BTC on popular cryptocurrency exchanges including OKEx, Ethfinex, HitBTC and EtherDelta.

Here is how similar cryptocurrencies have performed in the last day:

  • Ripple (XRP) traded up 2.7% against the dollar and now trades at $1.18 or 0.00010806 BTC.
  • Stellar (XLM) traded 0.2% lower against the dollar and now trades at $0.47 or 0.00004318 BTC.
  • NEO (NEO) traded 3.3% lower against the dollar and now trades at $133.24 or 0.01221180 BTC.
  • IOTA (MIOTA) traded down 1% against the dollar and now trades at $2.15 or 0.00019701 BTC.
  • TRON (TRX) traded 1.3% higher against the dollar and now trades at $0.0532 or 0.00000487 BTC.
  • VeChain (VEN) traded 3.9% lower against the dollar and now trades at $5.69 or 0.00052192 BTC.
  • Tether (USDT) traded 0.3% higher against the dollar and now trades at $1.01 or 0.00009217 BTC.
  • Binance Coin (BNB) traded 2.6% lower against the dollar and now trades at $11.36 or 0.00104097 BTC.
  • Populous (PPT) traded down 6.7% against the dollar and now trades at $28.47 or 0.00260942 BTC.
  • U.CASH (UCASH) traded 47.7% higher against the dollar and now trades at $0.0990 or 0.00000908 BTC.

Aventus Token Profile

Aventus launched on September 3rd, 2017. Aventus’ total supply is 10,000,000 tokens and its circulating supply is 6,000,000 tokens. The Reddit community for Aventus is /r/Aventus and the currency’s Github account can be viewed here. Aventus’ official Twitter account is @AventusSystems. Aventus’ official website is aventus.io.

According to CryptoCompare, “Aventus is an Ethereum-based platform. Its economic model eliminates uncontrolled resale and counterfeit tickets. It allows event organizers to create, manage and promote their events and tickets with dramatically reduced costs, even letting them set price controls and receive commissions on ticket resales. It also gives ticket buyers rewards for promoting events, and identifying fraudulent activity. AventCoin (AVT) is the underlying token in the Aventus protocol. The purpose of AVT is to fuel the Aventus ecosystem and ensure that the protocol runs autonomously, de-centrally, and without any fraud. AVT is used for stake weighted voting and consensus mechanisms for voting on the legitimacy of: Events on the protocol (e.g. the global pool of verified events) => fraudulent events mean applications selling their tickets will lose customers, so we need to prevent this.Applications (either promoters or ticketing apps) sitting on top of the protocol => a list of verified applications needs to be determined so applications falsely claiming to use the protocol cannot sell fraudulent tickets.The parameters that determine how the protocol works, e.g. event creation fees or reporting fees.It is also used to facilitate anonymous matching of buyers and ticket sellers in the secondary market. “Matchers” are like miners in the Ethereum/Bitcoin blockchains and get rewarded with new AVT for performing these computations. The winning “matcher” for a given ticket (like the winning miner of a given block) is chosen by an AVT stake-weighted probability distribution.   They finished their ICO on the 6th of September in under 10 minutes. Raised 60k ETH in total, 30k presale, 16k white-list sale and 14k during their public token sale. “

Buying and Selling Aventus

Aventus can be purchased on the following cryptocurrency exchanges: EtherDelta, Bitfinex, Mercatox, OKEx, Ethfinex, HitBTC and Gatecoin. It is not presently possible to buy Aventus directly using US dollars. Investors seeking to trade Aventus must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Aventus using one of the exchanges listed above.

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