Venom Network is quickly garnering attention in the #crypto2023 community, showcasing a plethora of features that put it on the fast track to becoming a cornerstone in the DeFi and Global Payments landscape. This piece aims to delve deeper into the mechanics and offerings of Venom, shedding light on its potential to reshape the blockchain industry.

#Venom Network: A Brief Overview
Venom Network's architecture is a blend of groundbreaking features tailored to meet the demands of modern-day applications:
Hybrid Consensus Protocol: Merging Proof-of-Stake (PoS) and Proof-of-Work (PoW) to ensure a fortified security framework.User-Centric Interface: Simplified user experience for seamless interactions.Scalability at its Core: Ideal for high-throughput applications.Community Engagement: A democratic ethos driving development.Cross-Blockchain Interactivity: Facilitating asset transfer across various networks.
The $VENOM Token: A Closer Look
$VENOM, the native utility token, is at the heart of the network. It's used for transaction fees, network maintenance, and staking, making it integral to the Venom ecosystem.

The prospect of an airdrop is generating a buzz among early adopters and contributors. Although not confirmed, there's a hint of a potential airdrop, and here’s how it could play out:
Airdrop Allocation: Speculation suggests that 22% of the initial token supply might be set aside for airdrops, rewarding early network participants.
How to Engage:
Create a Venom Wallet and connect your Twitter.Claim Testnet tokens and complete tasks on the Task page.Follow Venom Foundation's social channels for updates.Deposit into farming pools, stake Venom, and provide liquidity using the Venom Bridge.Engage in NFT trading on Oasis Gallery, adding to the network’s utility and value.
Global Aspirations: Venom’s Journey Ahead
With an ADGM #cryptocurrency license, Venom is poised to extend its footprint globally, starting with a strong presence in the UAE and MENA region. Its multi-blockchain design, coupled with the Threaded Virtual Machine (TVM), sets the stage for efficient smart contract execution and dynamic sharding, highlighting its readiness for a global decentralized economy.
Conclusion
Venom Network embodies the essence of blockchain’s transformative potential. The anticipated airdrop and the growing ecosystem offer an enticing opportunity for developers, investors, and blockchain enthusiasts to be part of a decentralized economic landscape.
$BNB $ETH $BTC

As summer transitions to fall, we’re proud to announce a series of developments and new milestones achieved — multiple upgrades to refine our protocol, 10 million NFTs minted, and more. In the fifth month of Venom Testnet, we continue to build strategic partnerships, grow our community, and expand our ecosystem. Every step is a strategic move that brings us closer to realising our vision — providing the infrastructure for global Web3 applications and onboarding the next billion users.Here are all the latest updates from Venom Foundation this September:Venom Testnet in NumbersThe Venom Testnet continues to progress with an upward growth trajectory. Here are the latest numbers:594M transactions with an average of 51.9 transactions per second81M accounts (smart contracts),1.5M wallets17.1M NFTs minted as part of on-chain/social tasksVenom Ecosystem Onboards Four New dAppsWe’re thrilled to welcome three new dApps to our ecosystem: Everplay, Segmint, Valicit, and Chainspot.Calling all gamers — Everplay is an E-sports tournament platform powered by Venom blockchain. It brings together prominent Web2 games, such as Mobile Legends and Call of Duty, with exciting Web3 games — essentially the best of both worlds. With a play-to-earn model, users can earn instant rewards. Plus, events such as tournaments and missions enable users to compete in PvP battles for exclusive prizes.If you followed our hackathon closely, you’d have heard of Segmint, which won second place in the Web3, NFTs & Gaming track. As a blockchain bulletin board, it offers a blank canvas for users to purchase pixel space(s). This unlocks unprecedented opportunities for advertising, social networking, and creative self-expression. What makes Segmint so special is the dynamic growth potential of NFT pixel spaces — every time the board fills up, a new season is launched, which increases the price per pixel. Users also enjoy the benefit of versatility, with the option of choosing three boards, and the ability to manage NFTs. Above all, Segmint takes a safety-first approach, striking a balance between creativity and community standards by implementing content moderation practices to ensure a safe space for everyone.Next, Valicit is a Web3 ticketing dApp that sets the precedent for modern events by tackling the challenges of the existing ticketing industry. With its blockchain-based API solution, it ensures the authenticity and security of ticket transactions while harnessing the power of the Venom blockchain for ultra-fast speed. Additionally, it provides comprehensive control over the secondary market, facilitating a seamless experience in the buying and selling of tickets. Additionally, Valicit recently announced its partnership with Numi, a metaverse gaming Venom-powered dApp, for the grand opening of Club 404 on Numi Stories. Get your tickets and don’t miss out on this once-in-a-lifetime event.Finally, we’re proud to onboard Chainspot, the largest blockchain bridge aggregator in Web3. The platform boasts a whopping 114 bridges and 130 networks, as well as 42 bridges with tracked TVL. Users can enjoy swift transactions that are secure and seamless. At the same time, Chainspot’s on-chain analytics add an additional layer of transparency and peace of mind.#dyor #BinanceSquare #trading #Shibainu #Venom

When analyzing potential #airdrops , we consider several factors:
🚀 Probability of Airdrop💰 Token Allocation🏁 Participation Difficulty🔑 Token Utility

#Venom Foundation: An Overview
Venom Foundation is a Layer-0 #blockchain aiming to create a global economy built on decentralized financial systems. It stands out with its Threaded Virtual Machine (TVM) that allows efficient execution of smart contracts and dynamic sharding.
The Venom Foundation has been granted the world’s first Abu Dhabi Global Market #cryptocurrency license to operate a blockchain and issue utility tokens within the United Arab Emirates.
Key Features:
🌟 $VENOM token:Used for transaction fees, network maintenance, and staking.Initial supply of 7.2 billion, with 15.5% available and 84.5% locked.📚 Airdrop Potential:Venom has not confirmed an airdrop, but early contributors might be rewarded.22% of the initial token supply may be allocated for airdrops.🎯 Participation:The Venom Testnet page shows tasks for DApp completion. You can collect NFTs as testnet contribution badge. (you will not pay on doing these task because will be used testnet token! 🔥)
How to Get $VENOM Airdrop

Create a Venom Wallet and connect your Twitter.Claim Testnet tokens and complete tasks on the Task page.Follow Venom Foundation's social channels.Send $VENOM tokens to your Venom Wallet.Provide liquidity, deposit into farming pools, stake Venom.Use the Venom Bridge.Trade NFTs on Oasis Gallery.Collect and mint various #NFT rewards.

Keep an eye on this promising project and its potential airdrop, you will not pay on doing these task because will be used testnet token! 🔥
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The launch of the Venom blockchain is finally upon us, with the official
date set for March 18th, coming up very soon. Prepare yourself for an
incredible event featuring airdrops!

Project Overview
Mission: The Venom Network is designed to tackle the challenges of scalability, high transaction costs, and poor user experiences in blockchain networks. Its mission is to offer a secure and scalable platform for Web3 applications, especially in the DeFi and global payments sectors​​​​.

Vision: Venom aims to create a future where blockchain technology is accessible, efficient, and can seamlessly support a wide range of applications and transactions across various industries​​.

Technology
Blockchain Features: Unique technical aspects of Venom include the use of the Threaded Virtual Machine (TVM) for efficient and scalable account interactions, dynamic sharding, account abstraction, external messaging, arbitrary workchains, and the developer-friendly T-Sol programming language​​​​.

Use Cases
Target Audience: Beneficiaries include developers, organizations, and users seeking scalable, efficient, and cost-effective blockchain solutions for DeFi, global payments, NFTs, and decentralized identity (DID) applications​​.

Application Scenarios: Venom's technology is applicable in DeFi, global payments, NFT marketplaces, and support for decentralized identity, among others​​.

Tokenomics
Token Utility: The VENOM token is used for transaction fees, staking, governance, and accessing network services. It plays a crucial role in network security and functionality​​.

Roadmap
Development Stages: Venom has launched its testnet, showcasing significant technological capabilities such as high transaction throughput and minimal latency. It's focusing on scaling, interoperability, and supporting a wide range of Web3 applications​​​​.

Launch Details: Specific details about the launch and participation instructions are likely to be found on the Venom Network's official channels.

Launch date: 18.03.2024 
Listing price - $0,16
Exchanges - Tier 1

Community and Support
Community Engagement: Community members can engage through various platforms like Discord, Twitter, and Medium, where they can find updates, participate in discussions, and contribute to the project's development​​.

Website - https://venom.foundation/
https://venom.network/
Twitter / X - https://twitter.com/VenomFoundation
https://twitter.com/Venom_network_

#VenomMainnet #Venom #VenomNetwork #Solana #Ethereum