In-house lawyers must help their clients balance risk against reward, a responsibility Lori Ross understands quite well, having spent almost half of her legal.
Aventus is a layer-2 blockchain protocol that improves the scalability, cost-effectiveness, and speed of Ethereum transactions. Ethereum suffers from scalability concerns, making it a victim of its own success. As the blockchain network of choice for the majority of enterprises, its maximum transaction throughput is woefully inadequate to satisfy demand. As a result of the economics of supply and demand, transaction fees have soared, making them prohibitively expensive. The Aventus Network (AvN) addresses this issue by allowing businesses to construct on top of the Ethereum network using Aventus' second-layer protocol. With the AvN, applications may simply collaborate cross-chain with any
FanDragon, Aventus Transforming Ticketing Experience
A partnership recently announced between Aventus Network, FanDragon Technologies and Live Nation SAS (France) heralds a change in how fans will participate in the event enjoyment experience.
Aventus and FanDragon have launched TixTo.Me in partnership with Live Nation France. The universal digital entertainment wallet is designed to create new opportunities for Live Nation customers to engage, communicate and reap rewards before, during and after the event.
TixTo.Me employs FanDragon’s Universal Smart Ticket Wallet to gather all tickets and vouchers in one place, no matter where they were purchased. That allows them to deliver those special extras directly to one location, guaranteed they are headed to the rightful holder. The wallet is powered by the Aventus Network, a second-layer blockchain protocol that brings scalability, speed and economy to Ethereum transactions.
Analysis
The year 2020 was certainly lonely for many people around the world, as the COVID-19 pandemic resulted in the cancellation of almost all social events and gatherings. As a result, online events have become the new normal for almost every industry. While some may view this as an innovative development, many industries have struggled to exist due to a lack of ticket sales for events.
For instance, the billion-dollar concert and event promotion industry has seen a decline in revenue at an annualized rate of 11.5%, reaching $17.1 billion in 2021. Data further shows that this decline is a direct result of the coronavirus. Despite COVID-19 vaccination rollouts, a number of major live events are still being canceled.
Live Nation SAS (France) turns to FanDragons Aventus Network-powered blockchain technology to launch a new fan engagement platform financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.