Market Analysis Report (20 Aug 2021)

The Aventus Network (AvN), a 2nd-layer blockchain protocol is set to close round two of its Validator Registration Program to Aventus Token (AVT) holders at full capacity.

This follows the announcement of a new partnership with gaming social network, fruitlab.

Aventus will securely execute all fruitlab token transactions a minimum of ten million historic PIP transactions on top of the expected half a million new transactions per month. Transaction fees will be processed via the Aventus Network bringing rewards for Aventus Network validators and a scalable, long-term framework for fruitlab’s community. 

For the integrity of the Aventus Network, as with all new partners, fuitlab will buy the necessary quantity of Aventus Tokens required to process all transactions.

The Aventus Network currently runs 10 nodes with a stake of 250,000 AVT each, meaning a total of 2.5m of 10m total supply can be staked.

There is currently less than 500,000 remaining AVT that can be staked before the program reaches capacity.

The AvN relies on AVT holders acting as validators, processing transactions in return for a fee that averages $0.01 per transaction. Validators earn their share of fees from 18.5m historic transactions plus approximately 1 million ongoing each month from partners including Live Nation France, fruitlab, cashbackAPP and more.

At more than 80% full, the program will close to new stakers soon.

To register for round two of the AvN Validator Registration Program, visit here.

You will also find a step-by-step staking guide here.

Source: https://www.cryptocompare.com/email-updates/daily/2021/aug/20/