Venom Foundation will launch the Venom Network Mainnet on March 18, 2024. We have already predicted a Venom ($VENOM) tokens airdrop few months ago, a full airdrop guide at: https://boxmining.com/venom-blockchain-token-airdrop/. Before the Mainnet launch, let’s catch up with the latest update.
There are still no further information about the Testnet airdrop nor Venom token launch date, most likely there will be an airdrop to Venom Testnet NFT holders.
What is the Venom Foundation?
Venom Foundation is a Layer 0 modular blockchain with its own Threaded Virtual Machine (TVM), which provides a highly efficient and scalable way to handle account interactions. TVM can isolate and parallelize actors, allowing for the efficient handling of complex distributed systems. This makes the dynamic sharding protocol further groups account into shards, improving efficiency and enabling contracts to execute in an asynchronous mode.
Venom Foundation has been backed by their own fund, Venom Ventures Fund, based in Abu Dhabi, which is allocating $1B fund for Web 3 and blockchain projects.
Step-by-step guide:
1. Create a Venom Wallet:
Go to the Venom Network Testnet, and install a Venom Wallet.
2. Claim Testnet VENOM Tokens:
Go to the Task page and log in with your Venom Wallet. Connect your wallet, and Twitter account and follow Venom Foundation to claim 50 Testnet VENOM.
3. Complete Venom Foundation tasks:
On the task page, follow Venom Foundation on Telegram and subscribe to their YouTube Channel. Once that’s done, you can claim your NFT by clicking “Mint NFT”.
4. Complete Venom Wallet tasks:
Go to the task page. Send at least 1 VENOM token. Then, click “Mint NFT”.
Please be noted that the snapshot of the activities will been done anytime before the Mainnet launch.