Honest ICO Review. Party organizer of the future? Aventus

What is Aventus and what are they trying to do?

Aventus (AVT) is a blockchain based ticketing sales platform. It aims to help organisers eliminate fraud and unregulated touting. With Aventus event companies can reduce their ticket platform cost, and increase security for themselves and for the party people.
For more info please read the whitepaper -> Aventus Whitepaper

The Aventus Team

Director and Co Founder: Alan Vey

• Master of Engineering (MEng), Artificial Intelligence with First Class Honours Degree at Imperial College London 😲

Co-Founder at Aventus: Annika Monari

• Master of Science Physics First Class Honours at Imperial College London.
• Private equity at Goldman Sachs 😎
• Investigating Higgs Boson Decays to Dark Matter with Machine Learning at CERN 😳 (This girl is da Boss)

head of product: Andy Grant
head of sales: Kavon Soltani

So the team is on point. 2/3 Points for the team. Their team only includes 11 total members, which is a bit small.

AVT token sales ended after only a few minutes, however soon after their listing on EtherDelta their value decreased by 20%. AVT is currently trading at $3.58. Their ICO token price was $4.52 (-19.21%).
$4.50 sounds extremely expensive for an ICO but most people forget its all about the market Cap and the total token supply.

Total number of tokens is only 10 Million! Okay, that means:
10.000.000 * 3.58 = Current Market Capitalization so around 35.8 Million USD. So AVTs are pretty cheap at the moment.

BUT.....

Aventus is experiencing a massive downwards trend! 😱Why? The Aventus token will be avalible on Bittrex on the 13th of September. So I am guessing a lot of people tried to get into the ico to make a quick profit. BUT instead of the price going up it started to go down. So they all started to get rid of their AVT. Maybe to buy MTH which aired on EtherDelta yesterday and already tripled in value.

So what does that mean for people who want to invest in AVT. I would wait until the price goes down to around 3.40 or wait another 2 days. The closer we will get to the 13th the higher the price will be.

Again this is not financial advice, more of a guide on the ICO. Always do your own research.
But my last review on Monetha already got me a nice 300% return in 2 days :D Whats Monetha? Here is a link to my previous ICO honest review on Monetha (MTH).

Have a great day 😁 and if you liked my Aventus Review, Upvote it, share or comment. I be happy to hear what you guys think about Aventus.