Aventus Redesigns AVT Token, Research and Design Phase Begins

2024-06-11
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Bittime - Aventus Network is overhauling their AVT token. After community approval, the research and design stage with @mvpworkshop has begun. Initial findings will be presented in 3 weeks to gain input from the community.

After the governance proposal submitted by @scytaledigital and @alan_vey to hire the services of @mvpworkshop to redesign the AVT (Aventus) token was approved, now the research and design stage has officially begun. This good news was certainly welcomed enthusiastically by AVT token holders and Aventus Network users as a whole.

Ecosystem Improvement and Long-Term Growth Are Aventus' Focus

This redesign of the AVT token has the main goal of improving the long-term sustainability of the Aventus Network ecosystem. With better tokenomics, it is hoped that it can encourage active participation from users and developers in the network. Ultimately, this will spur the growth of the Aventus Network as a whole.

Long Experience @mvpworkshop Reliable

In the proposed proposal, @scytaledigital and @alan_vey chose @mvpworkshop as a partner to overhaul the AVT token. This decision is based on @mvpworkshop's long experience in the blockchain space, especially in redesigning tokenomics. They have worked with more than 40 blockchains, including the Polkadot parachain, so their expertise is expected to have a positive impact on the future of Aventus Network.

Aventus Network Transparency and Community Engagement

Aventus Network is known for its approach that prioritizes transparency and community engagement. This is clearly visible in the AVT token redesign process. Once the research and design phase is complete, which is expected to take approximately three weeks, the initial findings will be presented back to the AVT community.

The presentation aims to gather input and opinions from token holders. With active involvement from the community, it is hoped that the redesign of the AVT token can be truly effective in achieving its goal, namely creating an increasingly developed and sustainable Aventus ecosystem.

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