What is Venom blockchain?
Venom blockchain is a first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM) designed to support the creation of scalable Web3 applications in the DeFi and Global Payments markets. Its sharding protocol provides scalable transaction solutions, and it allows for economic scalability by enabling the creation of subchains developed by the community.
Venom Project highlights
- Venom Foundation First Crypto Foundation Licensed in UAE’s ADGM.
- Iceberg capital launching their new $1 billion fund for Venom.
- chairman of Venom Foundation Peter Knez, worked as former chief investment officer at blackRock.
- Venom blockchain handles 100k+ transactions per second with an Average. cost per transaction of < $0.005.
Venom Testnet Guide
Here is a step by step guide about venom testnet.
Step 1: Setup Venom Wallet, Find how to setup wallet here.
Step 2: Go to https://venom.network/ -> click on ‘start tetnet’ -> connect your wallet -> connect twitter -> follow venom twitter -> claim 50 testnet tokens.
One your wallet is ready with test tokens start testnet tasks & Start collecting your early member NFTs.
Task 1: Venom Foundation
Open task -> click on ‘Follow’ & Follow Venom Network on Twitter -> click on ‘Tweet’ & Tweet about Venom Testnet -> Click on ‘Mint’ to claim NFT.
Task 2: Venom Wallet
Open task -> Send any amount of $VENOM tokens to ‘0:077873f1453fa67b0f1ce77f1e806675acd19c4694b9738be61fd406618f2f7a’ & verify -> Mint NFT.
Task 3: Web3.World
Open task -> Follow Web3.World on twitter -> Go to https://testnet.web3.world/ & Swap tokens, Add Liquidity and Farm assets & verify all tasks -> Mint NFT.
Task 4: Venom Pools
Open task -> go to https://testnet.venompools.com/ Stake your VENOM on validator nodes using Venom Pools & verify task -> Mint NFT.
Task 5: Venom Bridge
Open task -> Follow Venom Bridge on Twitter -> Go to https://testnet.venombridge.com/ & Transfer tokens from Venom to EVM chains & EVM chains to Venom -> Mint NFT.
Task 6: Venom Stake
Open task -> go to https://testnet.venomstake.com/ & Stake VENOM -> Mint NFT.
Task 7: Oasis.Gallery
Open task -> Follow Oasis.Gallery on Twitter -> Go to https://testnet.oasis.gallery/ & connect your wallet -> Buy any available NFT -> List an NFT for sale & Mint NFT.
Task 8: VenomPad
Open task -> Follow VenomPad on Twitter -> Tweet about VenomPad -> Mint NFT.
That’s it.
