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Author Topic: [ANN] Venidium EVM Blockchain - Release Schedule Update out  (Read 410 times)
Venidium
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May 12, 2021, 09:43:09 AM
Last edit: February 20, 2022, 02:37:45 PM by Venidium
 #1



Website | Discord | Twitter | Telegram | Whitepaper | Github | Explorer



Partnership with iNation Esports

We have officially partnered with iNation Esports:
https://www.youtube.com/watch?v=5lE9tfJs-Kw


Whitepaper

Whitepaper v1.0 has been released. Use one of the following links to access:

Google Drive:
https://docs.google.com/document/d/1BumwEw1ICKLFvIOTB_NOvYKn7c4d-ph_-maJzUO7XB4

Proton Drive:
https://drive.protonmail.com/urls/3AVHAXA5GW#5g4f8X1q5XLR

What is Venidium?

Venidium (XVM) is an EVM Blockchain for Esports, NFTs and other web3 applications.
By establishing new dataset access to blockchains, Venidium will bring startup projects and use cases for many different kind of ecosystems while staying independent from any blockchain itself.

The Venidium team will develop and launch their own products, but also enable other providers to use and provide data, ideas, and ecosystems.

To gain a better understanding of our vision in regards to our oracle and our products, we highly recommend reading the Whitepaper.

Wallet Downloads & Github



About Venidium

Our blockchain is based on Chia™, but why?

We believe in what Chia™ brings to the blockchain world. While Chia™ is already an economic friendly blockchain,
Venidium will use the same plots as the ones used for Chia™ farming, which establishes Venidium as a green blockchain by using
the same equipment that is already being used. Farmers can farm Venidium (PoST) at the same time with almost no overhead,
making Chia™ the perfect distribution channel for Venidium.

That being said, Venidium launches with 3 blockchain networks in total, but actually it’s only 2.

In order to be flexible and deliver high quality products, we will launch another network,
which will also inherit Venidium Coins as its native coin. All farmed Venidium (PoST) can be swapped 1:1 for other Venidium,
on any blockchain that we support. For the beginning the Venidium (PoST) blockchain will be based on Chia™ and a (EVM) PoA/PoS blockchain will be created for future expansions.

The third “blockchain” is a blockchain-like network solely to coordinate oracle data providers,
so it’s going to be only used by the Venidium team and data providers that provide their services there.
Therefore, we don’t see it as a real blockchain, but more like communication channel between the data providers.

Why not just a single blockchain?

While Chia™ qualifies for our fair distribution needs it is not yet suitable for most of our other use cases.
In addition, the future expansion of our development team would be much easier for the EVM blockchain,
than for the Chia™ based blockchain. Lastly, having full access to DeFi, NFTs, Smart Contracts etc.,
is what brought us to the conclusion that we need a second blockchain, which might even end up as our main blockchain in the future.

So why not start directly with the PoA/PoS EVM blockchain?

We decided that our distribution should not start with an ICO/IDO model,
in order to have a wide distribution range and to avoid pump & dump schemes by wealthy corporations or single high net worth entities.
We believe that we can achieve the best distribution this way, as a fair-launch blockchain.

Distribution, Tokenomics and Specifications for Venidium

Name: Venidium
Ticker: XVM
Supply After Mining: 1,000,000,000 XVM (1 Billion)
Max Supply:
Smallest Unit: Ray (1,000,0000,000,000 Rays = 1 XVM)
Pre-farmed: 50.2336% = 502,336,000 XVM
Liquidity Mining: From Pre-farm 12.7336 % = 127,336,000 XVM
Pre-farm info: The Pre-farm/Pre-mine will be generated and stored on the PoA/PoS/EVM Blockchain.

Block Time: Approx 18.75 seconds
Block Rewards: 640 / 320 / 160 / 80 / 0
Algorythm: PoST (PoSpace + PoTime)
Halvings: Every 3 months, no halvings after the first year.

Inflation:
Maximum 5% yearly inflation declining each year and only on Venidium (PoA/PoS) through validating/staking.



For further information on our distribution and tokenomics, please check our Whitepaper.

Roadmap

2021
- Launch Testnet
- Launch Explorer
- Find partnership/sponsorship with an Esports Team
- Launch Mainnet PoST


2022
- Launch Testnet Venidium PoA Blockchain
- Launch Mainnet Venidium PoA Blockchain
- Exchange Listings
- Launch Venidium Oracle Network
- Add support for at least one esport game
- Launch Venidium NFT Marketplace (name tba.)
- Launch Venidium Bridges and Wrappers
- More Exchange Listings
- Launch Venidium Player Identity Cards (PIC)
- Add data support for different esports/games
- Add data support for sports
- Support for Venidium on other Wallets
- Further development tba.

Disclaimer:
Venidium is still in an experimental phase and delivered as it is.
We recommend testing in a test environment before adding Venidium to live systems.


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May 13, 2021, 03:02:03 PM
 #2

web is not working. what's token address?
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August 26, 2021, 01:41:20 PM
Last edit: August 27, 2021, 05:18:16 PM by Venidium
 #3

Status update 27/ August: Testnet is live and running.
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September 01, 2021, 01:25:56 PM
 #4

We are proud to announce our Partnership with the CS:GO Team iNation Esports.
This will allow us easy access to statistics and live data from a known esports team in order to develop and expand our ecosystem in the future.

https://www.youtube.com/watch?v=5lE9tfJs-Kw
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October 19, 2021, 07:55:42 AM
Last edit: October 19, 2021, 02:37:31 PM by Venidium
 #5

Hello everyone,

we thank you again for staying with us for the past months.
Today we want to announce the start of our PoST Mainnet with target start time at
Thursday the 21st of October 2021 at 15:00 UTC.

Prior the launch we will also release the Whitepaper and make it available for download
on our website, which is already online by now at https://www.venidium.io
Not all links are working yet, but we will take care of that within the next few days, too.

After the launch of the mainnet, once we made sure everything is running smooth, we will start preparing for the EVM PoA Blockchain Testnet launch.
-> Keep in mind, the airdrop for PoST testnet participants will be claimable on the EVM PoA Mainnet Blockchain, but we will give further information
on how to claim these rewards at a later stage.
Make sure not to lose access to your Venidium Keys, which you used to farm on Kition testnet.

With those things being said, we took a snapshot of the Kition testnet at block 293100 for the community rewards.

We will be pushing a new Venidium PoST Client, that enables users to farm and send transactions on PoST Mainnet at 14:30 UTC on 21st October 2021.

We are looking forward to see you all on Thursday at the mainnet launch.

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October 20, 2021, 09:55:32 PM
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Share active nodes please
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October 21, 2021, 03:46:13 AM
 #7

mine?
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October 21, 2021, 08:05:26 AM
Last edit: October 21, 2021, 08:34:09 AM by Venidium
 #8

We posted an update in our Discord:

Hello everyone,

Today is the big day and we are going live with the PoST Mainnet at around 15:00 UTC.
We will be releasing the corresponding software update prior launch, so that everyone
is able to review the code.

Furthermore we want to inform that we are officially incorporated in Singapore now.

Venidium Pte Ltd.
68 Circular Road #02-01, Singapore, 049422

In this stage we are introducing you to the Venidium Core Team:

@Firebird Community and Public Relations
@DinelloK Project Manager
@itsfridaythen🧙 Blockchain Developer
@Axelion Full Stack Developer
@Sia22 Marketing and Design
@Warburg Junior Community Manager

Not available via Discord:

RC Co-Founder Venidium
PZ Co-Founder Venidium
Z Full Stack Developer

Additionally to the core team, Venidium is working together with the
marketing company Enginized and the eSports Team iNation as their first partners.

Last but not least, we wanted to thank all other involved Developers that supported Venidium on this journey so far.

Stay tuned for further updates today.


p.s.
We have also launched our first community bounty / contest.
Please check our Discord under the channel #bounties for further information.
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October 21, 2021, 02:28:49 PM
 #9

Whitepaper v1.0 has been released. Use one of the following links to access:

Google Drive:
https://docs.google.com/document/d/1BumwEw1ICKLFvIOTB_NOvYKn7c4d-ph_-maJzUO7XB4

Proton Drive:
https://drive.protonmail.com/urls/2KQM9WVKC8#SksYWNDcdf0K
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January 25, 2022, 11:06:24 AM
 #10

We have added bounties for translating the Venidium Whitepaper.

Please join our Discord in order to participate: discord.gg/venidium
You will find the bounties in the #bounties channel.

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February 20, 2022, 02:22:08 PM
 #11

Release Schedule Update:

The past months we have been working hard to come to this point and today we want to go through the upcoming release phases for the EVM Venidium Blockchain.

Phase 1: Public Testnet Access (WN08 - WN09)
-> In this phase users can set up and test the new features that come together with Venidium EVM. Delegate your XVM to a validator,
or become a validator yourself with a few clicks on our new upcoming EVM block explorer*. We will also introduce the XVM EVM Bridge where
you can already test out the protocol that you will be using after the Mainnet launch to transfer your Venidium to the new Blockchain.
The Venidium Core team will be actively supporting users in Discord and Telegram that want to test out the new features and also
will be available for feedback of the new experience.

- New Explorer
- New Features
- Bridge (ETA WN09)

Phase 2: EVM Mainnet Launch (WN09 - WN10)
-> Once the public testing is over we will launch the EVM mainnet, people that are willing to become a validator are advised to start
their validators within the first days to ensure a safe and secure launch of the blockchain and its protocols. (And also to get staking rewards!)

- EVM Blockchain


Phase 3: Post EVM Mainnet Launch (WN10 - WN13)
-> Fixing potential issues and finalizing works on the exchange listing.
After the EVM Mainnet launch we will start rolling out our public strategy, this also includes payments of the bounties that
will be given to those that participated on the current community tasks (whitepaper translations, discord invitation contest).
Afterwards we will be announcing new bounties and community tasks for the upcoming marketing phase.

- New Bounties, Contests
- POAP
- Exchange listing (WN12+)

Phase 4: Product Launches (WN13+)
-> While we can not disclose what kind of products will be launched, we wanted to inform the community that we have partnered with other Teams for upcoming Venidium related products.
These products, while being related to Venidium, can be in different fields than finance, nfts or other so far disclosed areas of Venidium.
Our long term goal here is to bring as much as utility to Venidium as possible while also using the utility of Venidium for our Partners.

- New Launches


Please keep in mind that this is our current planning according to current information, and in case of an unforeseeable issue, the schedule might change slightly.

We are looking forward to see your attendance in the upcoming phases!
Have a nice weekend.


___

Compendium of Terms:
WN = Week numbers http://www.whatweekisit.org/
EVM = Ethereum Virtual Machine https://coinmarketcap.com/alexandria/glossary/ethereum-virtual-machine-evm
Bridge = Protocol to transfer coins from one blockchain to another https://boostylabs.com/blockchain/bridges#:~:text=Blockchain%20bridges%20are%20software%20used,them%20in%20the%20required%20one.
Validators & Delegators = Verification & Consensus Process https://medium.com/@aston_37700/zoom-in-aston-what-are-validators-and-delegators-of-x-blockchain-8a3a3d199ac6
*Blockscout Block Explorer (Fork) = A blockchain explorer with advanced features https://blockscout.com/
POAP = Digital Achievement badges https://poap.xyz/
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