Venom Foundation Announces the Release of its Public Testnet
The groundbreaking Layer-1 blockchain, Venom, announces the launch of its public testnet from Abu Dhabi Global Market (ADGM). This milestone precedes the highly anticipated mainnet launch, and the unveiling of a suite of in-house created decentralized applications (dApps) as part of its expanding ecosystem.
Designed for both users and developers, the testnet offers an environment for testing and debugging dApps and blockchain protocols while granting users a firsthand experience. The ultimate aim is to foster innovation and cultivate community within the Venom ecosystem.
How to Get Started on Venom
Getting started on the testnet is simple – download the Venom Wallet on your mobile device from the Apple App Store or Google Play Store or as a Google Chrome extension for your desktop. Users can then claim a free testnet allocation to begin exploring the Venom ecosystem.
Peter Knez, Chair of the Venom Foundation Council, shared his excitement: “We’re thrilled to announce the launch of Venom’s public testnet, a critical step towards our upcoming mainnet launch. Our highly scalable and reliable asynchronous blockchain ensures developers can create cutting-edge dApps, while users can experience them firsthand.”
The asynchronous Venom blockchain offers developers lightning-fast speeds of 100k TPS and a dynamic sharding feature that bolsters scalability and network dependability. Venom has compiled a comprehensive repository of developer documentation to support developers in their ventures.
Venom dApps
Venom’s network enhances interoperability and caters to global adoption with its low transaction fees. As part of the testnet launch, a selection of dApps are set to debut, offering users the opportunity to perform transactions, test the native Venom wallet, and more. Some of these dApps include:
- Venom Wallet
- Venom Scan
- VenomPools
- Venom Bridge
- Venom Stake
- Web3.World
- WeUp
- NFT Mint
- Oasis.Gallery
The ADGM-licensed Venom Foundation focuses on accelerating global Web3 projects within the decentralized network. Positioned as the world’s first compliant blockchain, Venom offers authorities and enterprises the freedom to innovate, build, and scale within the ADGM’s jurisdiction.
Various companies have developed a range of in-house dApps and protocols on the Venom blockchain, which features dynamic sharding, low fees, ultra-fast speeds, and scalability. Venom has the potential to serve as the primary infrastructure for a global ecosystem of Web3 applications, catering to an ever-expanding user base.
For more information about the Venom testnet launch and Venom Foundation, visit their websites, or follow them on Twitter.
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