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Proposals for DApp ideas for the Aventus Protocol DApp Idea Competition

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Aventus Protocol DApp Proposal Competition

Aventus is pleased to present the Aventus Protocol DApp Proposal Competition, where members of the public are invited to come up with and present detailed ideas for DApps powered by the Aventus protocol. Interested potential participants can refer to this blog post for an overview of key parts of the Aventus ecosystem, and different questions and processes a layer above the protocol that can be addressed by DApps to provide a better service to event organisers, promoters, ticket buyers, and other industry participants.

Competition Structure

  • The competition will run from 18 August to 3 September, and the top 3 proposals will be selected by the 5 September.

  • Throughout the time period, candidates will be able to submit detailed proposals for their DApp ideas as issues in the AventusSystems/aventus-dapp-proposals repository.

  • An Aventus team member will review every submitted proposal and approve/reject it based on its adherence to the Aventus DApp Proposal Standard.

  • Once it is approved, the proposal will be added to the Aventus DApp Proposal Competition Voting Form, where individuals can vote on their choice for the top 3 DApp ideas. The vote outcomes can be found if you click view past responses in the form.

  • On 3 September, the 6 proposals with the highest number of votes will be selected and put through to the competition's judging panel. The judges will then select the winner (AVT prize of ~$10,000 at initial valuation), the runner-up (AVT prize of ~$4,000 at initial valuation), and third place (AVT prize of ~$1,000 at initial valuation).

Meet the Judges

  • Professor William Knottenbelt: Director of the Centre for Cryptocurrency Research and Engineering, Imperial College London. Also Director of Industrial Liason for the department of computing, and professor of applied quantitative analysis at the college.

  • Professor Mike Waterson: UK's leading expert in secondary ticketing after publishing a report for the government's BIS and DCMS on the secondary ticketing market. Professor of economics at Warwick University.

  • Daniel Masters: Director of Global Advisors, one of the first regulated bitcoin/blockchain investment vehicles of its kind. Also director of XBT Provider, the world's first bitcoin tracker to be traded on an exchange (NASDAQ Nordic).

  • Fran Strajnar: Co-founder and CEO of Brave New Coin. Has helped gather fund contributions for hundreds of token sales over the last 2 years and has established Brave New Coin as a frontrunner in digital currency and blockchain data analytics, news, offering underwriting.

  • Steve Machin: Pioneer of the live entertainment & ticketing sectors holding a number of senior roles including ones at Ticketmaster Europe & Live Nation. Currently CEO of Accent Media Limited, owner of the .tickets domain, with a vision to create an authentic and trusted domain-space for online ticketing.

  • Andy Grant: Current head of product for Aventus. Former CTO and COO of Ticketlogic, a ticketing company in over 6 countries turning over more than £6m per annum, and founder of Glue Works. Has experience building and designing ticketing infrastructure for over a decade.

Competition Rewards

  • For entering the competition and having your proposal approved, you are eligible for a reward of 1200 AVT ($30 at the initial valuation).

  • For winning the competition, you will earn 4000 AVT ($10,000 at the initial valuation).

  • For coming second place in the competition, you will earn 1600 AVT ($4,000 at the initial valuation).

  • For coming in third place in the competition, you will earn 400 AVT ($1,000 at the initial valuation).

All participants will receive their rewards a maximum of 2 weeks after the end of the token sale (20 September 2017).

How to Participate

  1. Create a Github account if you do not already have one at https://github.com.

  2. Write your proposal adhering to the Aventus DApp Proposal Standard. For an example. check out the CinemaTix example proposal, which shows a basic version of what is expected from a proposal (we hope your proposals are a bit more detailed).

  3. Submit it as an issue to the AventusSystems/aventus-dapp-proposals repository (click on issues, and create new). Then, submit the following form so we can contact you.

  4. Once you submit it, an Aventus team member will review it and examine whether it adheres to the proposal standard. If it does not, they will close your issue. If it does, they will leave a comment saying "This proposal has been approved". You will be able to track the status of your proposal's approval on this spreadsheet as well.

  5. Once it is approved, the proposal will be added to the Aventus DApp Proposal Competition Voting Form, where individuals can vote on their choice for the top 3 DApp ideas. The vote outcomes can be found if you click view past responses in the form. You can share the form and have anyone you know vote for your proposal.

  6. On 3 September, the 6 proposals with the highest number of votes will be selected and put through to the competition's judging panel. The judges will then select the winner (AVT prize of ~$10,000 at initial valuation), the runner-up (AVT prize of ~$4,000 at initial valuation), and third place (AVT prize of ~$1,000 at initial valuation).

Aventus DApp Proposal Standard

The Aventus DApp Proposal Standard is the standard to which all competition entries should adhere. The purpose of it is to ensure a minimum quality standard in entries, and a selection of information about a proposal that makes it easy for the public and the judging panel to understand and evaluate it relative to other proposals in a fair and complete manner, judging its overall utility for the ecosystem.

For an example. check out the CinemaTix example proposal, which shows a basic version of what is expected from a proposal (we hope your proposals are a bit more detailed).

All proposals should be structured as follows:

  1. Name: The name of the proposed application idea.

  2. Purpose: The purpose of the proposed application idea. This can be something resembling a unique value proposition, a few word description, a brief sentence explaining the problem it solves, etc. Let the reader know exactly what is coming.

  3. Description: A full description of what the application is and how it will work. You should try to answer the following:

    • The problem you are solving: why does this idea matter in the real world?
    • What is your solution, in simple words?
    • How will your solution work?
    • How will this idea benefit the Aventus ecosystem? How will it utilise the Aventus protocol?
    • What part of the ticketing lifecycle will your solution tackle? Primary sales, secondary sales, event creation, etc?
    • Who will use your solution? Is it a ticketing agent, an event organiser, an artist, etc.
    • What value does your solution have for said customer?
    • How will you monetise your solution? What is your business model?

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Proposals for DApp ideas for the Aventus Protocol DApp Idea Competition