Venom Network launched its testnet in April 2023, immediately capturing investors’ attention. By breaking tasks into smaller activities with NFT rewards upon completion, users could become acquainted with both tasks and projects within its network. Let’s dive deeper into what Venom Network tasks entail and all its essential details.
1. Introduction to Venom Network Tasks
Venom Network is the first advanced blockchain platform worldwide that meets all legal regulations, creating a comprehensive ecosystem without token issuance. On their Testnet version, the Venom project offers products and tools.
Venom Network tasks offer users an introduction to its operations and projects. By completing each designated task, investors may qualify to receive unique NFTs as rewards.
2. What is Venom Network?
Venom Network is a layer 0 blockchain platform created by the Venom Foundation and overseen by ADGM (Abu Dhabi Global Markets International Financial Center). This platform addresses transaction speed and scalability issues experienced with previous blockchain projects.
Venom Network was built with one goal – becoming a blockchain with lightning-fast transaction speeds and limitless scalability to meet the demands of user communities and larger-scale applications. To meet this aim, Venom employs cutting-edge architecture and technology.
Venom Network draws the interest of blockchain community members and investors searching for promising projects to invest in. Under ADGM oversight and its ability to address issues related to speed and scalability, Venom Network draws widespread praise among these audiences.
3. Products Available on VENOM Network
The Venom project provides users access to various products and tools on its Testnet version. Below is a list of such offerings on Venom Network Testnet:
Venom Wallet: This non-custodial wallet comes equipped with Multisig account options and Ledger support, offering users secure cryptocurrency asset management on platforms such as App Store, Chrome extension, Google Play, and Download APK.
Venom Scan: This tool assists users in tracking transactions conducted on the Venom Blockchain network. Users can look up transactions using Venom Scan.
Web3.world: This allows users to participate in activities such as asset swapping, providing liquidity, and asset farming on its platform. VenomBridge facilitates cross-chain transactions by connecting and exchanging assets between blockchains.
VenomStake: Designed to simplify and maximize user staking experiences, VenomStake streamlines staking for those staking VENOM. Stakers will receive rewards in the form of stVENOM tokens.
Venom Blockchain NFT Marketplace: This project creates an NFT (Non-fungible Token) marketplace on Venom Blockchain that enables users to purchase, trade, and create non-fungible assets.
VenomPad: VenomPad is the inaugural launchpad platform on the Venom Blockchain, helping projects get underway and develop efficiently. These products have been built and deployed on Venom Testnet so users can experience and utilize them during this trial phase.
4. Complete VENOM NETWORK TASKS TO EARN NFTS
Venom Network provides tasks designed to introduce users to operations and projects within its network, with successful completion bringing rewards of NFTs for investors. Becoming familiarized with Venom’s operations and projects by fulfilling tasks within it could earn investors representational NFTs – so complete tasks on Venom to increase earnings!
Create a Venom wallet. Send and receive VENOM tokens. Participate in token exchanges using VenomSwap, provide liquidity for VenomSwap pools, and interact with other dApps on the Venom Network.
5. DOES VENOM NETWORK OFFER AIRDROPS?
The Venom Network project has not yet disclosed plans for token sales or airdrops; at present, their focus remains solely on conducting the testnet to assess stability and features before the mainnet launch.
Participating in the testnet allows investors and community members to take advantage of potential future rewards. If you are keen on the project and wish to join the testnet, take some tasks at https://venom.network/tasks
Note that any decision regarding an airdrop of Venom Network lies within the project’s discretion; more information could become public later. For reliable updates regarding an airdrop or any project-related details, it’s advisable to keep up-to-date via announcements from official projects or sources within the blockchain community.
The Venom Network tasks blockchain ecosystem is ever expanding with numerous projects underway and new tasks emerging regularly. I will keep updating as new tasks come online. Stay tuned to CommonMan Crypto for further valuable insight!
Disclaimer: Please be aware that any information presented herein should only be considered educational and not taken as financial advice or investment guidance. Always conduct extensive research before making investment decisions. When in doubt, consult professionals.
