ICOMetrics: Aventus in my non technical analysis.steemCreated with Sketch.

in #ico7 years ago

Why I think this is a good ICO to invest in:
Non Technical Analysis needing comments:

AventUS: Blockchain database on Eth network for Entertainment industry ticketing sales.

Solution oriented platform with tentacles to consumer and merchants, buying and selling event tickets.
Fixes: Expensive tickets by eliminating middle men, Fake tickets, promises exposure to events via market access.
Promising: Security via foto identity and access to secondary markets for sales and cheaper. Everything is cheaper on blockchain.
They will create a warehouse for event creators and event promoters who can buy bulk and sell, people will buy via an application and inter application competition they expect to keep prices low along with platform fees.
Works : everything based on smart contract and zero fees to create and use these smart contracts on ethereum.
Good idea: Any sports team can now use their interface to create their own tickets and avoid giving payment to ticketmaster type mafia. This is the uberization of event sales in my opinion and democratization of entertainment industry. Even a movie producer can do this for his movie and avoid giving sales income to ticketing databases etc.
ICO METRICS:
Date opens:September 6th 2017 at 12pm UTC and ending on September 13th 2017 at 12pm UTC(double check time conversions and be awake an hour or so before if you are going to invest)
Important to note: seeking to raise ~15,000,000 USD worth of ETH in exchange for 6,000,000 AVT.(very very nice)
Nomenclature: The Aventus token is called AventCoin (AVT)
Aventus will be raising a minimum of ~2,000,000 USD (8,000 ETH), with a maximum target of ~15,000,000 USD (60,000 ETH) for a hard cap of 6,000,000 AVT.(make note of this hard cap to understand why to invest)
VERY imp: 92 AVT per ETH.(today eth was 320 something last time i check while in the bathroom)
60% (6,000,000 AVT) will be sold in the crowd sale. Liquid immediately after crowd sale end
Assessment: Utility Crypto's like this who try to solve a problem are always a good consider. The cap is reasonable, the idea has a home already and their budget distribution is just like any other company.
Location: London UK...website has a physical location address, one of us should visit them if possible who lis local to london.
Team: Team is young but advisors are all above 50 seemingly. Some academics and operations managers. (due diligence is needed in background checks)
I like the idea and positive factors indicate this can be a good investment and they have an alpha released already.

Text format is non academic and casual to make it a light read otherwise all this and much more is in their whitepaper which makes you sleepy if you read it later in the day.....:)

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