# VenomTestnet is Live On Testnet 🥁 

By [Mr Rix Crypto](https://paragraph.com/@mrrixcrypto) · 2023-04-28

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[VenomFoundation](https://twitter.com/VenomFoundation) has recently announced that there testnet is live for public 22% of total Supply is Confirmed For Community.

[VenomFoundation](https://twitter.com/hashtag/VenomFoundation?src=hashtag_click) Overview : Venom is a scalable blockchain solution designed to meet the needs of real-world applications. Its unique architecture and technology allow Venom to provide high levels of performance and security, making it an ideal platform.

![](https://storage.googleapis.com/papyrus_images/a8bdd7bea45497d10f323155bf0222a60bb9d6356e6d5f884f3ab63484188669.png)

**Tokenomics :**

The initial Supply during Mainnet will be 7.2 Billion, 22% of total Allocation is for community as per team announced Venom's native token [$VENOM](https://twitter.com/search?q=%24VENOM&src=cashtag_click) is confirmed,

![](https://storage.googleapis.com/papyrus_images/8fb2bc97505df1bd05fb3e70ed3fa91044b58ec39fd08c6aa99b9590b3890717.png)

Token Listed on CMC:

[

Venom price today, VENOM to USD live price, marketcap and chart | CoinMarketCap
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The live Venom price today is $0.09911 USD with a 24-hour trading volume of $572,756.00 USD. We update our VENOM to USD price in real-time.

https://coinmarketcap.com

![](https://storage.googleapis.com/papyrus_images/482655538a27d8ab6a6de52cb2ce902b76e1456b59d81e3cabb7efbcebff7dab.png)

](https://coinmarketcap.com/currencies/venom/)

![](https://storage.googleapis.com/papyrus_images/0cf4f43094d1ffedce5658076f3c8c6809960ee5d02a140bd92ac18751464b6a.png)

**Funding And Venture:**

Under Binance Cointelegraph has released a blog titling "Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain" Source :

![](https://storage.googleapis.com/papyrus_images/88948b367d2f090ded813785d93c6aeeb8e05e6c91f2833b97f1a88a8b266e2e.png)

Let's Dive Into Testnet 🌊

1⃣Setup Wallet First

1.  Go here: [https://venom.network](https://venom.network)
    
2.  Download wallet according to your Device like Android, OS or Pc.
    
3.  Create wallet, Connect twitter and claim Faucet.
    

![](https://storage.googleapis.com/papyrus_images/3bc596bfd7bc92d5000476e03f02c658f0ddd95df90edc1102d67519640d4729.png)

![](https://storage.googleapis.com/papyrus_images/0d1f3d48c91e9c6eda54fc023b7751a40a54e7f0740bdff836a86dec7e5348b9.png)

[#VenomWallet](https://twitter.com/hashtag/VenomWallet?src=hashtag_click) is Live

[#Testnet](https://twitter.com/hashtag/Testnet?src=hashtag_click) not live yet but we can create venom wallet in advance [https://venomwallet.com](https://t.co/sMQdCMtrQw)

We can explore more ecosystem Dapps here as well: [https://venom.foundation/ecosystem](https://t.co/uQ17U1Tgyd)

![](https://storage.googleapis.com/papyrus_images/dc08bc4ec97bfd3f12623321c716d0996a165f1a12f761dc082ea5ded2e1d3ee.png)

![](https://storage.googleapis.com/papyrus_images/f1d6754063955f56cd22b9b94333d89e3981e921a5b1ba2bf2a83a834d23ba3f.png)

**Complete Tasks and Gain NFT's**

1.  Go here: [https://venom.network/tasks](https://venom.network/tasks)
    
2.  Scroll down and you will see the tasks
    

The task we perform will allow us to mint NFTs. We have to mint maximum NFTs to make our possibility to be eligible for Venom #Airdrop.

![](https://storage.googleapis.com/papyrus_images/e10c33f2716609857a8fc3cd3bf8b518483ba084ef0a1ca5000930c147b7777d.png)

![](https://storage.googleapis.com/papyrus_images/669e7c98050570d0a0ae20f72ba8e2b2d8fd947d0a94fb51570dab0003e72f02.png)

The second Task on Task Page is to Use Dex For Swap and other Features Testnet Link: [https://testnet.web3.world/swap](https://t.co/CVLOMypdCt)  
Swap Tokens Add Liquidity Farm Your Lp tokens  
Now you can Mint second NFT  
Have a look Over the Screenshots

![](https://storage.googleapis.com/papyrus_images/aa38e4e5b41d5a546301855740d3ba4fbc822caa85e2e7d78dd9dee8953eef52.png)

![](https://storage.googleapis.com/papyrus_images/7d63ae898ce904a4065be41327a891d4ce4aaf81dfcad4b9d6bdce7aa9c2c7b4.png)

![](https://storage.googleapis.com/papyrus_images/38ad708db7c2b403fe78896bf39f92fe6177be334a2f7ffed9e3563d0e81ca36.png)

Now we'll do Bridge  
Tasks [https://venom.network/tasks/venom-bridge…](https://t.co/Bnx1TZTFLd)

Look at screenshot You can claim More [$VENOM](https://twitter.com/search?q=%24VENOM&src=cashtag_click) Faucet here: [https://venom.network/faucet](https://t.co/K7Fpp2ucEM)

![](https://storage.googleapis.com/papyrus_images/981683b7ae19a0773486d2ecad5fbf7fe1c32ae92ab6dc5b6bea57b31a7a1fd3.png)

![](https://storage.googleapis.com/papyrus_images/a744aff22f657e60584517c9291dc6ce7bfeccf4ebaa3e4efae013a20e0eb9f9.png)

![](https://storage.googleapis.com/papyrus_images/3297160badde89251039bde70a32b61aec4de4463dd879ca1c92e0e4159b1309.png)

![](https://storage.googleapis.com/papyrus_images/ad19ce1afcf244c9df05e59cac0d8f7182c7806ccd9d69c54d73d945e619dee8.png)

Stick with our community for further updates regarding [#Airdrops](https://twitter.com/hashtag/Airdrops?src=hashtag_click)

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*Originally published on [Mr Rix Crypto](https://paragraph.com/@mrrixcrypto/venomtestnet-is-live-on-testnet)*
