Venom

$VENOM

Venom Network is a Layer 0 Blockchain utilizing the first-of-its-kind PoS mechanism licensed by the Abu Dhabi Global Market (ADGM), an international financial center. The project is founded by the Venom Foundation and is currently scheduled to launch its testnet by the end of April 2023.

Backed by a $1 billion investment fund managed by the Abu Dhabi Global Market, Venom Network demonstrates a clear long-term development strategy and direction.

Venom boasts a technological platform with swift transaction processing and low transaction fees, effectively meeting the demands of present-day users. Estimates from the network's trial phase indicate a processing capability of over 100,000 transactions per second with costs as low as $0.0002. Furthermore, the project has committed to being environmentally conscious by not emitting greenhouse gases.

With considerable potential for growth, Venom is poised to attract attention from the user community, particularly as the upcoming roadmap updates provide insight into the project's future developmental direction. This information will enable investors to grasp the appropriate investment approach for this endeavor. Show Less

 2
2024 Cyrator - Verified Crypto Intel

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.