network: News of Venom (VENOM) - July 2024 Price Update - 7.20% Breakout Crypto News and Analysis

network: News of Venom (VENOM) - July 2024 Price Update - 7.20% Breakout Crypto News and Analysis

< Show Article: News of Venom (VENOM) - July 2024 Price Update - 7.20% Breakout Crypto News and Analysisarticle avatarAbdulazeez Muhammad

Explore the Core.

Venom is a unique Layer 0 and Layer 1 blockchain network designed for scalability, speed, and low fees. It is built on Mesh network technology, enabling it to host large-scale applications like stablecoins, CBDCs, and RWAs (e.g., carbon credits). The native token of the Venom network is VENOM, which has a total supply of 8 billion tokens. VENOM is used for paying transaction fees, staking to secure the network, and supporting validators through DePools staking. Venom follows the TIP-3 standard for fungible tokens and the TIP-4 standard for non-fungible tokens (NFTs). The network also supports a wrapped version of VENOM called WVENOM, which is a TIP-3 token issued 1:1 with VENOM.

article avatarOla Victoria

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

article avatarOluwatosin Bamidele

Trade hard. Joy is coming

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

article avatarInsight Global

i'm graduate of electrical/electronics engineering. my interest is into online space and also crypto analysts

Explore the Core.

Venom is a Layer 0 blockchain network, integrating dynamic sharding technology and utilizing a proof of stake (PoS) consensus model. designed to handle the scalability issues and poor user experience that currently hinder the mass adoption of decentralized applications. With use case as Trade Finance and Proof of Reserve Mechanisms

article avatarAdekanmi Owojori

Freelancer , Copy Writer and Crypto lover

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems. Venom stands out with its speed, low fees, and unmatched scalability. With a technology stack that ensures rapid finality, Venom is the preferred network for high-load systems, whether hosting CBDCs or global institutional infrastructure. Venom guarantees security and stability.

article avatarJeremiah David

Full stack developer and a block chain specialist.

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems. Venom stands out with its speed, low fees, and unmatched scalability. With a technology stack that ensures rapid finality, Venom is the preferred network for high-load systems, whether hosting CBDCs or global institutional infrastructure. Venom guarantees security and stability.

article avatarPraise Olagbadun

Professional Author and Crypto Trader

Explore the Core.

Venom is a Blockchain without boundaries, it's a project that started as an airdrop earlier this year and rewarded its early contributors with the $VENOM token. It is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). Speed, low fees, and unmatched scalability are the major things that make the Venom Blockchain standout amongst other Blockchain Networks out there.

Spot the Main Event:

The major reason for the current increase in the price of the token is the announcement they made talking about Dotcoin, one of the biggest Telegram mini-apps, coming to their Blockchain network. The fact that Dotcoin has been able to draw the attention of many Web3 users would help expose their Blockchain network and its competitive features to users out there with little to no knowledge about the Venom Network. Another reason is the fact that they recently got their token, $VENOM, listed on the Deepcoin exchange platform. This listing would have them partner with the exchange to host trading competitions which would help increase both the trading volume and the market capitalization of the project.

article avatarOLUWATOSIN GARUBA

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

article avatarAbifarin Temitayo

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

article avatarEsther Wonder

Owojori

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems. Venom stands out with its speed, low fees, and unmatched scalability. With a technology stack that ensures rapid finality, Venom is the preferred network for high-load systems, whether hosting CBDCs or global institutional infrastructure. Venom guarantees security and stability.

article avatarAbdullahi Saleh Saidu

Cute, funny and a little bit crazy!!!

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems. Venom stands out with its speed, low fees, and unmatched scalability. With a technology stack that ensures rapid finality, Venom is the preferred network for high-load systems, whether hosting CBDCs or global institutional infrastructure. Venom guarantees security and stability

Spot the Main Event:

Dotcoin Tap-to-Play Game to Launch on Venom Dotcoin , one of the most popular tap-to-play games on Telegram, is set to launch on Venom. Dotcoin is expected to bring significant traffic and attention to the Venom network. The full integration will see Venom marketplaces and applications linked to the game, along with the release of Dotcoin's native DTC token on the Venom Network. What This Means for Venom? This partnership highlights the recognition of Venom Blockchain's value by leading projects. The onboarding of millions of users will further the Venom Foundation's strategic global expansion initiative and continue the ongoing increase in the adoption of the entire Venom ecosystem. Dotcoin boasts over 3.5 million daily users and over 20 million active users. However, given the massive user bases that Dotcoin and other games have acquired, hosting them on a blockchain network can prove a challenge. As a result, Dotcoin has decided to launch on Venom, a fast, infinitely scalable network designed to be able to adapt to and host high-load applications and platforms without it affecting network speed or security.

article avatarGLORIA OLUWAFERANMI

To God be the Glory

Explore the Core.

Venom is a unique Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host large-scale national and international platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits). This is made possible by its exceptional scalability and efficiency. The technology serves as the foundation of a blockchain ecosystem ideal for Web3 dApps, aiming to develop next-generation digital infrastructure that seamlessly overlays existing Web2 systems.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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