Overview of Venom Network
Venom Network is a Layer 0 blockchain developed by Venom Foundation and supervised under the authority of ADGM - Abu Dhabi Global Market's international financial center. Although the testnet was just launched in April 2023, the project has been conceived and developed since 2017 and is led by high-profile individuals like Peter Knez - former CIO at BlackRock, and Mustafa Kheriba - a member of the board of directors at Mirabank and Australian Gulf Capital.
While the amount of investment in Venom Network is currently unknown, due to the project's "Arab" roots, many investors are expecting potential airdrops from this project. According to the project's data, over 820,000 wallet addresses have been created, and more than 269 million testnet transactions have been conducted.
Venom Network's official website: venom.network If you have already completed high-value projects like LayerZero, zkSync, StarkNet, it's definitely worth considering Venom Network to avoid missing out on any opportunities in the market.
Note: The project has not yet announced any token sale or airdrop plans. The testnet is being conducted to ensure that investors don't miss out on potential rewards in the future.
Guide to Participating in Venom Network Testnet Venom Network offers tasks to familiarize users with the network's operations and projects. For each completed task, investors will receive representative NFTs. At the time of writing, Venom's testnet offers a total of 10 NFTs.
Receive VENOM testnet Step 1: On the Venom Testnet homepage, select "Connect Wallet" and choose the appropriate wallet version for installation or connection.
Create and connect a wallet to receive 50 VENOM. Step 2: After creating the wallet, investors can connect their Twitter accounts by clicking "Login with Twitter" in Step 2. By following the Venom Foundation's Twitter account, investors will complete the three-step process and receive the first 50 VENOM testnet tokens.
Step 3: Click "Check and Claim" to receive the VENOM testnet tokens.
Receive 50 VENOM tokens. To receive additional VENOM testnet tokens, you can refer to and complete daily tasks under the "Get testnet VENOM" section.
NFT Tasks on Venom Starting with the task chain, users can collect the simplest NFTs from Venom Network. To begin any task, investors can click "Complete task" to be redirected to the task information page.
Step 1: To collect the first NFT, investors need to join Telegram and subscribe to the Venom Foundation's YouTube channel. In fact, simply clicking on the provided links will complete the task.
Step 2: Click "Mint" and enter the wallet password. Investors will receive their first NFT.
After completing the main requirements, click "Mint" to receive the corresponding NFT. Venom Wallet NFT Task Returning to the project, we move on to the next simple task called Venom Wallet. The Venom Wallet task is relatively straightforward, but investors may get stuck if they don't read the requirements carefully. The task requires investors to send VENOM to a provided wallet address.
Step 1: Copy the destination wallet address and open the Venom wallet. Click "Send."
Step 2: Paste the destination wallet address, enter a specific amount of tokens (around 0.1 VENOM),