Venom Token Potential Reward For Early TestNet Users - Guide

[Princess_Devi]

Hi, I just want to share this with you. I hope this will match to this because of talking about another altcoin.

Venom is another layer 0 blockchain fully controlled by Abu dhabi financial authorities. Venom architecture is based on Threaded Virtual Machine aka TVM. Also, venom is joined with Iceberg Capital with 1 billion Doller investment.

So right now, they have testnet. So, there is a very good potential that they will reward to their early testnet users. Also, venom is already listed on CMC.

To do the TestNet tasks you need to download the venom wallet to your browser and complete some tasks. If you complete each task correctly at the end you can mint free NFT. So, they have 8 Tasks right now and there will be more few tasks coming asap.

Note in bridging task you will need some bnb or ftm. I recommend you to choose ftm cuz fees around 0.1$ in ftm chain.

I wrote an medium article about every steps clearly, you can read it from here
https://medium.com/@devikasaran36/venom-testnet-potential-airdrop-guide-2023-18d956133856

[@sriyan]

Hi, I just want to share this with you. I hope this will match to this because of talking about another altcoin.

Venom is another layer 0 blockchain fully controlled by Abu dhabi financial authorities. Venom architecture is based on Threaded Virtual Machine aka TVM. Also, venom is joined with Iceberg Capital with 1 billion Doller investment.

So right now, they have testnet. So, there is a very good potential that they will reward to their early testnet users. Also, venom is already listed on CMC.

To do the TestNet tasks you need to download the venom wallet to your browser and complete some tasks. If you complete each task correctly at the end you can mint free NFT. So, they have 8 Tasks right now and there will be more few tasks coming asap.

Note in bridging task you will need some bnb or ftm. I recommend you to choose ftm cuz fees around 0.1$ in ftm chain.

I wrote an medium article about every steps clearly, you can read it from here
https://medium.com/@devikasaran36/venom-testnet-potential-airdrop-guide-2023-18d956133856

Also, it allocated 22% of the total supply to the community. But the problem is the vesting period of that 22%. If they give an airdrop, then you will not receive the total allocation once.

[tvplus006]

...If you complete each task correctly at the end you can mint free NFT. So, they have 8 Tasks right now and there will be more few tasks coming asap...

Yes, it would be nice to do test tasks, but when completing quests, there is a problem with buying NFT in the test network due to their excessive cost, which does not allow you to complete the quest. Have you completed this quest? If "Yes", how did you solve this problem?

[lobo13hf]

Also, it allocated 22% of the total supply to the community. But the problem is the vesting period of that 22%. If they give an airdrop, then you will not receive the total allocation once.

It doesn't matter as long as it's free. Venom total supply was not so big. I see the big potential that owned by this token. The testnet bridge task already ended. Im still trying so hard to do another task.
It's also very difficult to get venom test net token caused by so many people are also working on it right now.

[Princess_Devi]

...If you complete each task correctly at the end you can mint free NFT. So, they have 8 Tasks right now and there will be more few tasks coming asap...

Yes, it would be nice to do test tasks, but when completing quests, there is a problem with buying NFT in the test network due to their excessive cost, which does not allow you to complete the quest. Have you completed this quest? If "Yes", how did you solve this problem?

I brought nft for 30 venom and sold it for 300 venom tokens. when I was doing the task all the nfts listed are below 35 venom tokens.

[Oneandpure]

I have been participated on Venom testnet last week but still difficult for minting their NFT, have got Venom testnet coins from faucet and have cut off with my fund from 50 Venom coins reduce 1 coins but still failure with mint NFT. Some people said about Venom need to bridge or swap any coins there if want qualify for their coins mainnet one day later but I can't find which side for swapping or bridge coins in Vennom testnet.

Has potential with Venom testnet becoming next APTOS? I miss with several worth testnet and hope with Venom testnet have chance to earn more one day later when this coins launching with their mainnet coins.

[hyudien]

...If you complete each task correctly at the end you can mint free NFT. So, they have 8 Tasks right now and there will be more few tasks coming asap...

Yes, it would be nice to do test tasks, but when completing quests, there is a problem with buying NFT in the test network due to their excessive cost, which does not allow you to complete the quest. Have you completed this quest? If "Yes", how did you solve this problem?

Permission to tell you, I just got all the work done and it was pretty easy unlike what many testers say about failed transactions. So basically just needed to increase the NFT bid, that's all that made me finish everything in 1 hour. no problem whatsoever, and some tricks like finish all the tasks first, after all, done then confirm each task so that it will shorten the time even more. Since most of the complaints on the Discord channel come in, they have been on the verge of solving them for hours. What's more, the update regarding the current NFT price has a maximum of the highest 5 Venoms, I even tested the effectiveness of buying and selling NFTs 3 times.

[Iadegbola34]

Transaction was slow for most part of the tasks but it is really straightforward to complete. The only issue is the NFT buying task but that too has been solved.
Another thing that might be worth noting is that the 22% allocation reserved for the community is going to be vested for 90 months linearly.

[tvplus006]

I have been participated on Venom testnet last week but still difficult for minting their NFT, have got Venom testnet coins from faucet and have cut off with my fund from 50 Venom coins reduce 1 coins but still failure with mint NFT. Some people said about Venom need to bridge or swap any coins there if want qualify for their coins mainnet one day later but I can't find which side for swapping or bridge coins in Vennom testnet..

Currently, there are 7 quests available and new quests will be available soon. All tasks are performed in the test network, with the exception of 1 quest, in which it is necessary to transfer coins to the main network. $1.8 was spent on completing this quest.

[bitkanu]

Transaction was slow for most part of the tasks but it is really straightforward to complete. The only issue is the NFT buying task but that too has been solved.
Another thing that might be worth noting is that the 22% allocation reserved for the community is going to be vested for 90 months linearly.

thats gonna be long vested but it's airdrop after all, but indeed the transaction was rather slow maybe the fact that it is still in early phase have something related with that.

[o48o]

-cut-
Venom is another layer 0 blockchain fully controlled by Abu dhabi financial authorities.
-cut-

From your blog:

-cut-
Fully regulated by financial authorities in Abu Dhabi
-cut-

So which one is it? Is it controlled or regulated? And how is it controlled and who exactly are these "financial authorities"? Because that's really shady and vague concept.

As to my knowledge UAE has several several different financial authorities, like countries do. So if i google about it, or ask about them, who is going to back your story up and admit that they are controlling your layer 0 blockchain?

And thanks for the potential airdrop tip . I am just a little skeptical as your post was a little vague.

[irsykes]

Seen tantalizing this project from the founder of the rich and there will be Airdrop for the 22%community. I just tried to become a part of the Venom Tesnet participant, and there was still a lot of literacy that I did. The most importantly complained of the transaction network is very slow. Seeing the discord feedback on transaction constraints up to one day or more, the votes of the Venom Tenset Participants

[lobo13hf]

the airdrops allocation seems promising, I have tried using this blockchain and it was rather slow but that's ok after all it's still testing, but what many people say in regard of failed transaction are all actually true, i've experienced the failed transaction quite frequently and the gas was already consumed so its gone.

[Boomber]

Seen tantalizing this project from the founder of the rich and there will be Airdrop for the 22%community. I just tried to become a part of the Venom Tesnet participant, and there was still a lot of literacy that I did. The most importantly complained of the transaction network is very slow. Seeing the discord feedback on transaction constraints up to one day or more, the votes of the Venom Tenset Participants

that's a reasonable obstacle, because Venom is still in the testnet stage and I hope that the team of Venom will fix it soon and make transactions more stable and fast, but I'm sure you won't regret taking part in airdrop from Venom, because I'm sure Venom project will definitely be hype and the price will increase very high, so we can get a lot of profit.

[irsykes]

Seen tantalizing this project from the founder of the rich and there will be Airdrop for the 22%community. I just tried to become a part of the Venom Tesnet participant, and there was still a lot of literacy that I did. The most importantly complained of the transaction network is very slow. Seeing the discord feedback on transaction constraints up to one day or more, the votes of the Venom Tenset Participants

that's a reasonable obstacle, because Venom is still in the testnet stage and I hope that the team of Venom will fix it soon and make transactions more stable and fast, but I'm sure you won't regret taking part in airdrop from Venom, because I'm sure Venom project will definitely be hype and the price will increase very high, so we can get a lot of profit.

it's normal. sometimes many people quickly complete tasks to switch to other tesnets. I think venom can be the next generation of top trend after SUI, APTOS. Enthusiastic people who follow the development of venom very fast like social media. after tesnet maybe more big hype. if their token is listed in big market like binance

[cheezcarls]

Some of my friends on Facebook are already posting their Venom testnet stats and I am about to begin doing the tasks.

I don’t mind taking the risk in spending time doing the testnet. I just wanted to have a learning experience on what it’s like to do these tedious testnet tasks.

If they do airdrop as promised and the token goes full blast, that would just be a bonus for me and I would be extra grateful.

[Bitstar_coin]

...If you complete each task correctly at the end you can mint free NFT. So, they have 8 Tasks right now and there will be more few tasks coming asap...

Yes, it would be nice to do test tasks, but when completing quests, there is a problem with buying NFT in the test network due to their excessive cost, which does not allow you to complete the quest. Have you completed this quest? If "Yes", how did you solve this problem?

The network is very buggy at the moment, I have already completed all task available in my dashboard but still could not collect the associated NFTs, so far I have been able to collect only 3 out of 10 I think. The platform keeps giving error messages saying you have to finish the task even when all task have been completely done correctly.
I hope the team will work on these issues base on the feedback they have been provided by the community.

[rahulzx]

Hi, I just want to share this with you. I hope this will match to this because of talking about another altcoin.

Venom is another layer 0 blockchain fully controlled by Abu dhabi financial authorities. Venom architecture is based on Threaded Virtual Machine aka TVM. Also, venom is joined with Iceberg Capital with 1 billion Doller investment.

So right now, they have testnet. So, there is a very good potential that they will reward to their early testnet users. Also, venom is already listed on CMC.

To do the TestNet tasks you need to download the venom wallet to your browser and complete some tasks. If you complete each task correctly at the end you can mint free NFT. So, they have 8 Tasks right now and there will be more few tasks coming asap.

Note in bridging task you will need some bnb or ftm. I recommend you to choose ftm cuz fees around 0.1$ in ftm chain.

I wrote an medium article about every steps clearly, you can read it from here
https://medium.com/@devikasaran36/venom-testnet-potential-airdrop-guide-2023-18d956133856

I recently seen that they conduct competition for bug bounty hunters, think that if any IT guys earn considerable prizes from platform

[tvplus006]

...I don’t mind taking the risk in spending time doing the testnet. I just wanted to have a learning experience on what it’s like to do these tedious testnet tasks...

You should definitely try it, especially since it does not lead to a loss of money on the commission, since all interactions are performed in the test network, with the exception of one quest. And if you decide to participate, then do not forget to receive a daily airdrop of test coins - https://venom.network/faucet

[cheezcarls]

...I don’t mind taking the risk in spending time doing the testnet. I just wanted to have a learning experience on what it’s like to do these tedious testnet tasks...

You should definitely try it, especially since it does not lead to a loss of money on the commission, since all interactions are performed in the test network, with the exception of one quest. And if you decide to participate, then do not forget to receive a daily airdrop of test coins - https://venom.network/faucet

Yes I am doing it already during my spare time but I did missed out the bonus offers from the "Earn more VENOM" like the Discord, etc., and I only have like daily quiz only where I can get 5 testnet VENOM tokens if I get the correct answer.

As of now, I am trying out their bridge and DEX platform in the testnet. So far, I have successfully minted 2 NFTs already and still got long ways to go though.

Although this is time consuming but kinda fun thing to do whether if you're a newbie or a seasoned beta tester because of the potential rewards when their mainnet launches.