<s>
The	O
Aventus	B-Protocol
Protocol	I-Protocol
is	O
an	O
open	O
standard	O
event	O
ticketing	O
platform	O
based	O
on	O
blockchain	B-Application
.	O
</s>
<s>
They	O
are	O
co-founders	O
and	O
directors	O
of	O
the	O
Aventus	B-Protocol
Protocol	I-Protocol
Foundation	O
which	O
oversees	O
Aventus	O
Systems	O
,	O
the	O
only	O
company	O
running	O
the	O
protocol	O
.	O
</s>
<s>
The	O
Aventus	B-Protocol
Protocol	I-Protocol
is	O
based	O
on	O
Ethereum	B-Application
blockchain	B-Application
technology	I-Application
and	O
its	O
crypto	O
token	O
is	O
the	O
Aventus	O
Token	O
(	O
AVT	O
)	O
.	O
</s>
<s>
First	O
by	O
a	O
private	O
pre-sale	O
and	O
then	O
,	O
in	O
September	O
2017	O
,	O
in	O
an	O
initial	B-Application
coin	I-Application
offering	I-Application
.	O
</s>
<s>
The	O
initial	O
funding	O
was	O
reportedly	O
£26	O
million	O
,	O
including	O
60,000	O
Ether	B-Application
raised	O
.	O
</s>
<s>
The	O
protocol	O
creates	O
a	O
unique	O
identity	O
for	O
each	O
ticket	O
that	O
is	O
then	O
stored	O
on	O
a	O
public	O
blockchain	B-Application
.	O
</s>
<s>
The	O
Aventus	B-Protocol
Protocol	I-Protocol
was	O
used	O
for	O
some	O
of	O
the	O
tickets	O
sold	O
for	O
the	O
2018	O
FIFA	O
World	O
Cup	O
in	O
Russia	O
.	O
</s>
