Venom Foundation Announces Public Testnet Release

Venom, a Tier-1 blockchain operating outside of the Abu Dhabi Global Market (ADGM), has announced that its public testnet is officially live. This milestone marks a significant achievement on Venom’s roadmap as it prepares to launch on the mainnet. Alongside the testnet launch, Venom also introduced a number of decentralized apps developed in-house as part of its growing ecosystem.

The testnet design suits both ecosystem users and developers. It allows developers to test and debug dApps and blockchain protocols while allowing users to experience these dApps first hand. The aim of the program is to foster innovation and community building within the ecosystem.

Developers and users can try testnet in two simple steps. First, download Venom Wallet as a Google Chrome extension to your mobile or desktop via the Apple App Store or Google Play Store. Second, users can jumpstart their journey to testing the Venom ecosystem by requesting a free testnet allocation.

“We are excited to announce the launch of Venom’s public testnet, a crucial step towards our upcoming mainnet launch. With our highly scalable and reliable asynchronous blockchain, we are confident that developers can build innovative dApps, while users are Peter Knez, Chairman of the Venom Foundation Council.

Developers will be able to try developing the asynchronous Venom blockchain with ultra-high speed at 100k TPS and dynamic sharding that increases scalability and network reliability. To get things started, Venom has created a repository of developer documentation to equip developers with the tools and information they need to start building.

Venom’s network improves interoperability, making it a viable tool for developers, while low transaction fees make it user-friendly for global adoption.

A Series of dApps Debuts on the Testnet

Several dApps will debut on the Venom testnet. Users can test them by executing transactions, testing their native Venom wallet, and much more.

1. Venom Wallet
2. Venom Scan
3. Venom Pools
4. Venom Bridge
5. Venom Stock
6. Web3.World
7. weup
8. NFT Mint
9. Oasis.Gallery

About the Venom Foundation

Venom Its foundation is licensed by ADGM and enables acceleration of global Web3 projects. The decentralized network operates under the jurisdiction of Abu Dhabi Global Market (ADGM). ADGM is an oasis for investors and financial services firms, positioning Venom as the world’s first compatible blockchain, giving authorities and businesses the freedom to build, innovate and scale.

A portfolio of in-house dApps and protocols has been developed on the Venom blockchain by various companies. With dynamic sharding, low fees, ultra-high speed and scalability capabilities, Venom boasts ultra-fast transaction speeds and infinite scalability, potentially serving as the main infrastructure for a global ecosystem of Web3 applications to meet ever greater demands. expanding user base.

For more information on the Venom testnet launch, visit the website

For more information about the Venom Foundation, visit: Website | twitter