• Venom, the Layer-0 blockchain licensed and operated by Abu Dhabi Global Market (ADGM), has officially launched its public testnet.
• The Venom testnet has been designed to cater to both ecosystem users and developers, allowing developers to test and debug dApps while enabling users to experience them firsthand.
• Several dApps are set to debut on Venom testnet, including Venom Wallet, Venom Scan, VenomPools, Venom Bridge, Venom Stake, Web3.World WeUp, NFT Mint and Oasis.Gallery
Venom Testnet Launch
Venom, the Layer-0 blockchain operated by Abu Dhabi Global Market (ADGM), has officially launched its public testnet after years of development. This milestone represents a significant achievement in the project’s roadmap as it prepares for mainnet launch.
The testnet is designed for both users and developers with two simple steps for onboarding: downloading the wallet from Apple App Store or Google Play Store for mobile devices or as a Google Chrome extension for desktops; claiming a free allocation of tokens from the network. Its asynchronous blockchain boasts ultra-fast speeds of up to 100k TPS and dynamic sharding that enhance scalability and network reliability. Furthermore, it offers low transaction fees making it user friendly for global adoption.
Several dApps are set to debut on the testnet including: Venom Wallet; Venom Scan; VenomPools; Venom Bridge; Venon Stake; Web3.World; WeUp; NFT Mint and Oasis.Gallery – allowing users to perform transactions and experience these applications firsthand.
Foundation Council Statement
Peter Knez Chair of the Foundation Council said “We’re thrilled to announce the launch of our public testnet which is a crucial step towards our upcoming mainent launch With our highly scalable and reliable asynchronous blockchain we’re confident that developers will be able to build innovative dApps while users can experience them firsthand.”
Launching this public test net marks a key milestone in the blockchain industry providing an opportunity for developers to build innovative dApps while offering users an avenue toward experiencing them first hand