Testnet Venom

Venom is a highly scalable layer 0 multi-blockchain with the first operating license from ADGM (Abu Dhabi General Markets). The blockchain infrastructure consists of fast, low-fee transactions and infinite sharding that supports CBDCs and WEB3 applications.

This is a project that is building a decentralized platform for the exchange of digital assets and the provision of services related to blockchain technology. They launched a testnet in order to test the performance of their platform and get feedback from the community.

More details about the project and the technologies they use can be found in their documentation.

Investments:

Abu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital announced that they will provide $1 billion in funding for Web3 and blockchain companies through a new partnership.

Thoughts:

They recently launched a testnet you don't want to miss! During testing, you will be collecting Early User NFTs which may earn you rewards for in the future. 22% of the total supply of tokens is allocated to the community, which is very sizeable. Nothing has officially been announced in regards to testing rewards yet. For now, we are testing the protocol and waiting for announcements.

In the instructions below, we will describe in as much detail as possible how to get all the NFTs available at the moment. Let's start testing!

How to participate?

• Visit Venom and click “Chrome”;

• Install the extension by clicking “Add to Chrome”;

• Next, click “Create a new wallet”;

• Accept the privacy policy and click “Submit”;

• Copy and save the seed phrase and click “I wrote it down on paper”;

• Come up with a password for the wallet. Done.

Claiming test tokens

• Visit Venom and click “Connect Wallet”;

• Click “Venom Chrome Extension”;

• Then click “Connect”;

• Login with your Twitter account by clicking “Login with Twitter”;

• Follow the Venom Foundation on Twitter;

• Next, click “Claim”;

• Enter your password and click “Sign”;

• Done.

Switch to the “Get testnet VENOM” tab and get additional $VENOM tokens for joining the project's Discord.

Doing tasks

• Visit Venom to do testnet tasks and claim NFTs. You'll need to collect them all. Right now there are 8 tasks.

Venom

• Go to the task page;

• Follow Venom Network on Twitter by clicking “Follow";

• Click “Tweet” and make a tweet about the project;

• Next, click “Mint”;

• Enter your password and click “Confirm transaction”;

• Done.

Venom Wallet

• Go to the task page;

• Copy the destination address for your Venom token;

• Open your wallet and click “Send”;

• Paste the address you copied, enter the amount of $Venom, enter your password and click “Confirm transaction”;

• Then click “Check”;

• Next, click “Mint” and confirm the transaction in your wallet;

• Done.

Web3.World

• Go to the task page;

• Follow Web3.World on Twitter by clicking “Follow”;

• Next, visit Web3.World and connect your wallet;

Doing a swap

• Choose a token pair, enter the amount and click “Swap”;

• Then click “Confirm”;

• Confirm the transaction in your wallet;

Providing liquidity

• Switch to “Liquidity Providing” and click “Add Liquidity”;

• Then click “Connect Pool”;

• Choose a token pair, enter the amount and click “Continue”;

• Then click “Deposit WVENOM”/ “Deposit USDT” / “Supply Tokens”;

• Done.

Farming

• Switch to “Farming” and choose a pool;

• Enter the amount of liquidity and click “Deposit to start farming”;

• Confirm the transaction;

• Next, click “Mint”;

• Done.

VenomPools

• Go to the task page;

• Next, visit VenomPools and connect your wallet;

• Choose any pool and click “Manage”;

• Enter the amount of tokens and click “Stake Venom”;

• Done;

• Next, click “Mint”;

• Done.

VenomBridge

• Go to the task page;

• Follow Venom Bridge on Twitter by clicking “Follow”;

• Visit VenomBridge and connect both wallets;

• Transfer any amount of $VENOM from the Venom Testnet to the Binance Smart Chain Mainnet, then click “Continue”;

• Next, click “Approve transfer”;

• Done.

• Next, transfer tokens back to the Venom Testnet (you'll have to pay a fee to the BSC Mainnet);

• Then click “Approve transfer” and confirm the transaction in your wallet;

• Done.

• Next, click “Mint”;

• Done.

VenomStake

• Go to the task page;

• Then visit VenomStake and connect your wallet;

• Enter the amount of tokens to stake and click “Stake”;

• Done.

• Next, click “Mint”;

• Done.

Oasis.gallery

• Go to the task page;

• Follow Oasis.Gallery on Twitter by clicking “Follow”;

• Visit Oasis.Gallery and connect your wallet;

Buying NFTs

• Choose a collection;

• Then click “Activity”, choose “Sale started” and click “Apply”;

• Choose an NFT and click on it;

• Then click “Buy Now”;

• Next, click “Confirm”;

• Done;

Putting NFTs on sale

• Switch to “My NFTS”;

• Click on your NFT;

• Then click “Put On Sale”;

• Set a price for the NFT and click “Put On Sale”;

• Done;

• Next, click “Mint”;

• Done.

VenomPad

• Go to the task page;

• Follow VenomPad on Twitter by clicking “Follow”;

• Click “Tweet” and tweet about VenomPad;

• Next, click “Mint”;

• Done.

Snipa Finance

• Go to the task page;

• Follow Snipa Finance on Twitter by clicking “Follow”;

• Check your portfolio, visit venom.snipa.finance and connect your wallet;

• Next click ‘Join Venom Testnet’;

• Next, click ‘Mint’;

• Done.

Metaverse Numi

• Visit the task page;

• Click “Play” and watch a video;

• Follow Numi on Twitter by clicking “Follow”;

• Visit Numi and sign up;

• Connect your wallet by clicking “Connect Wallet”;

• Select an NFT and click “BUY”;

• Next, enter the amount, agree to terms and conditions and click “Buy”;

• Done;

• Then click “Mint” on the task page;

• Done.

Ylide Social Hub

• Go to the task page;

• Subscribe to Twitter by clicking on the "Follow" button;

• Then go to the site and connect your wallet;

• Write any message and click on the button "Send..", finished;

• Next, click to “Check” button;

• Then we press the button "Mint";

• Done.

Derivatives Exchange - Gravix

• Go to the task page;

• Subscribe to Twitter by clicking on the "Follow" button;

• Then go to the site and connect your wallet;

• Choose "LONG" and "SHORT", specify the amount and click on the "Long BTC" button;

• Then click on the "Check" button;

• Then click on the "Mint" button;

• Done.

Leaving feedback

• Visit the project's Discord, post your constructive feedback.