 | Venom (VENOM) |
Venom is a Layer 0 blockchain built for the masses. The asynchronous blockchain building a more connected future. Secure by design, scalable by nature.
Foundation: $1B venture fund
Testnet: tasks
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What is Venom
Venom is a multi-blockchain network serving as the basis for scalable Web3 applications in the DeFi and Global Payments markets. Venom blockchain offers scalable solutions for transactions through its sharding protocol and allows for future economic scalability by enabling the running of community-built subchains. This open and transparent ecosystem welcomes participation from all members.
Venom provides a virtual machine that executes smart contract code on the Venom blockchain. It is a Turing complete virtual machine like EVM but it is considerably different. Smart contracts in Venom give new, more flexible, and controlled flow over the execution of application logic. You can start building smart contracts with Solidity using our toolchain and development guides.
Venom Roadmap
- Create accounts, hold, and transfer tokens
- Stake and claim tokens to validators
- Deploy and use smart contracts and dApps
- Interact with the venom Ecosystem
- The network is stable and functioning well
- The target number of tokens held by developers and users has been achieved
- A sufficient number of applications from validators have been collected
- Delegate tokens to support community validators
- Participate in the grant program for developers. Propose and vote on network upgrades
- The target number of community validator nodes and stakes has been achieved. The community governance structure has been launched and functioning well
- Use the Workchain framework to create custom workchains
- Participate in the grant program for workchains
- Take advantage of the cross-workchain communication protocol.
- The Workchain framework has been released
- The first Workchain has been run
- • Message passing between workchains has been achieved.After the launch workchains, the Launch Phase was complete, and the Venom blockchain moved into the phase typically called the Continuous Development Phase
Token Allocation
Token distribution
22% - Community
28% - Ecosystem
15% - Foundation
7,5% - Early Backers
7% - Team
0,5% - Public
10% - Market Liquidity
10% - Validators
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