Aventus is a blockchain-based event ticketing solution that ensures fairness, security, and transparency, effectively eliminating fraud and unregulated deceit. The protocols token, Aventus (AVT), is critical to its economic model. AVT can be used to reward participants who provide value judgments, such as voting on the legitimacy of events, purchasing tickets, promoting events, and matching buyers with ticket sellers.

1. Aventus Ecosystem

Layer 0: Custom Implementation Layer
A public, open blockchain network that the Aventus network can leverage for security. It must be a Turing-complete smart contract blockchain capable of supporting zk-SNARK verification.

Layer 1: Aventus Smart Contract Domain
An Aventus-based smart contract protocol built on top of a public blockchain network. It reinforces the Aventus economic model and ensures the integrity of the Layer 2 Aventus Network. This includes registering as an Aventus validator, Merkle root publication, automated challenges against Layer 2 digital asset transactions, and protocol governance.

Layer 2: Aventus Network Domain
• A peer-to-peer network of Aventus validators using delegated proof-of-stake consensus to receive and process digital asset transactions.
• Validators must verify zero-knowledge proofs to ensure transaction integrity and merge transactions into a Merkle tree, whose root is then checked into the Layer 1 Aventus blockchain protocol.
• Validators must register by depositing a fixed amount of AVT, and each Merkle root published via Method 1 requires a fixed AVT deposit.
• Merkle-tree transactions can be automatically challenged through the Layer 1 Aventus blockchain protocol, resulting in the loss of the Merkle root deposit (awarded to the challenger).

Layer 3: Custom Implementation Layer
Similar to how HTML and HTTP can be used to build and deliver various websites, the powerful abstractions provided by the Layer 2 Aventus Network can cater to a wide range of needs across the entire digital asset value chain. This is the client application domain, which can be "software as a service," networks, or applications; leveraging the key features of the Tier 2 Realm to create proprietary products. This applies to ticketing, vouchers, or any other clients looking to monetize digital asset value exchange through an open blockchain.

Some examples of what can be built:

• Specific domain implementations at Layer 2: dashboards and software tools for issuing, transferring, and redeeming vouchers, financial assets, and loyalty points, among others.
• Specialized rule engines for digital assets that automatically execute regardless of who they interact with.
• Robust communication systems between stakeholders and customers, where messages are encrypted and passed through the blockchain to the asset itself, rather than to the owner.
• Data analytics and visualization around rich blockchain digital asset datasets – everything from issuance to redemption.
• Serene APIs to optimize the insertion of transactions into the network, taking all cryptographic tokens out of the equation, making the blockchain truly enterprise-grade.

2. Aventus Applications

1. Tickets
• Secondary market control, eliminating scalping and counterfeit goods.
• Multiple entities can share and communicate with the same customer.
• A more honest distribution network, micro-distribution, and barcode standardization.

2. Coupons and Loyalty
• Issuance, sale, and redemption of rule-based electronic coupons.
• Complex settlements between value chains, co-issued and redeemed vouchers.
• Tokenization of loyalty and cash rewards, translating into more efficient accounting, frictionless reporting, traceability of monetary changes, and new revenue opportunities.

Related Links:

https://www.aventus.io/