Proposal Overview

This proposal calls for the termination of the current Business Development (BD) initiative led by Matt Nowakowski and the Aventus Community Business Development (ACBD) team, due to failure to meet agreed Key Performance Indicators (KPIs), lack of transparency, and inefficient use of treasury funds.

This proposal believes that continuing this initiative is not in the best interest of the network or the long-term sustainability of the treasury.

More Details

In January 2025, the Aventus Network community approved a 6-month pilot initiative to fund a structured BD strategy under the leadership of Matt Nowakowski via governance vote.

This was later extended via a second proposal based on a refined strategy involving “bridge teams.”

The proposal promised the following outcomes:

• 3 appchains launched
• Significant treasury contributions ($2.5M target)
• On-chain transaction growth (100,000+)
• Quarterly KPI reviews
• Monthly community updates and transparency

However, after 9+ months of funding, these promises remain largely unfulfilled, with only vague updates and limited results.

Reasons for Termination

Failure to Deliver KPIs

• Only 2 appchains (Atmos and Opalite) partially launched, both heavily bootstrapped by ACBD themselves.
• No evidence of substantial external adoption or growth.
• No credible sign of the $2.5M treasury contribution target being on track.

Poor Transparency and Community Communication

• Updates have been inconsistent, unclear, or overly promotional.
• Key milestones have been delayed with vague justifications.
• Community feedback on Telegram and other channels has been ignored or deflected.

Misuse of Treasury Funds

• Over $80,000+ in AVT paid out with little to no measurable return.
• Travel/event budget spent with no visibility into ROI.
• Bonuses structured in a way that rewards internal efforts (e.g. Atmos and Opalite) instead of truly external ecosystem growth.

Inefficient Strategy

• The “bridge team” model has not resulted in scalable ecosystem growth.
• BD efforts appear limited to small, internal initiatives with minimal outside traction.

Benefits to AVT Community

• Protects the Treasury: Stops ongoing unnecessary outflows of AVT for underperforming work.
• Improves Accountability: Sends a message that results and transparency are expected.
• Refocuses on Real Growth: Redirects resources to more promising technical or ecosystem initiatives.
• Strengthens Governance: Reaffirms the power of the community in holding teams accountable.

This proposal urges all AVT holders to vote in favor to halt the wasteful spending of treasury funds, enforce accountability, and reprioritize efforts that will drive real utility and adoption for Aventus Network.

NB: For clarity, votes ‘For’ this proposal are voting in favor of terminating the existing BD initiative. Votes ‘Against’ this proposal are voting against terminating the existing BD initiative.

Useful Links

Links to the previous BD proposals which outline KPIs promised:

• https://gov.aventus.io/#/proposal/0x1c31301b04ad8ecb15a98325bf7c80ec75799492e2e87bd335eeba6556bcb280
• https://gov.aventus.io/#/proposal/0x55a64b40cb8a755e1d7bd91414b7efc4a4a1385b7dc7cfa97b25e5ddbe3d583c

How to Vote

You can either vote on the Ethereum-compatible governance platform or the Aventus-compatible governance platform. The platform you vote on depends on where your AVT is at the start of this vote.

To vote on the Aventus Network governance Dapp:

• Go to https://voting.mainnet.aventus.io
• Ensure you have the PolkadotJS browser extension installed on your browser
• Click on “Connect Your Polkadot Wallet”
• Once your wallet is connected, click on the proposal you want to vote on
• Choose the option you want to vote for
• Sign the voting message

Vote weight: 1 vote per AVT

To vote on Ethereum via Snapshot:

• Go to https://gov.aventus.io
• Click on the "Connect wallet" button in the top right corner. You can vote using any of the five compatible wallets supported by the platform.
• Connect with the wallet provider that you used to stake your AVT or where you hold your AVT
• Click on this proposal to vote on it
• Choose the option you want to vote for
• Sign the message via your wallet

Vote weight: 1 vote per AVT