Aventus

A scalable, sustainable, and interoperable layer 2 blockchain that makes building on Polkadot, Ethereum and beyond accessible for companies in any ecosystem.

To date, Aventus’ enterprise-grade modular architecture has supported use cases including NFTs, video games, loyalty programs, event ticketing, supply chain provenance, and cargo management.

Market

The global blockchain technology market size is expected to reach USD 1,431.54 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 85.9% from 2022 to 2030. The market growth can be attributed to the increasing digitalization across the BFSI sector. The growing use of cryptocurrency worldwide is also anticipated to drive market growth.

Investment Rationale

Aventus Network is working towards a para-chain slot on Polkadot. This company is highly synergistic to Scytale Ventures’ investment portfolio. This deal involves a pioneer and very respected investor in the blockchain / crypto space – Daniel Masters, and has received endorsement from Gavin Wood, co-founder of Ethereum and creator of Polkadot.