The asynchronous blockchain building a more connected future. Secure by design, scalable by nature
Venom EcosystemVenom Network’s Competitive Advantages- Tokenomic!
In the crypto space full of excitement and potential, we are always looking for remarkable projects to invest in and participate in. Today, I would like to introduce to you a special project, a promising journey called Venom. Together, we will explore an out-of-the-box blockchain platform, with cutting-edge Turing-complete Proof of Stake (PoS) technology and unique support from the Venom Foundation. Confirmed and registered in the Abu Dhabi Global Market (ADGM), Venom has made its mark as a n...
Venom EcosystemIntroducing the Venom Blockchain Roadmap: Decentralized Innovation and Community Governance
Introduction: The Venom Foundation is proud to present the Venom blockchain launch roadmap, which sets the stage for decentralized innovation and community-driven governance. In this article, we will explore the stages outlined in the roadmap that will shape the evolution of our blockchain ecosystem. 1- Introducing the Venom blockchain launch roadmap, where we embark on a path of decentralized innovation and community-driven governance. Let's explore the stages that will shape our blockc...
Venom EcosystemUnderstanding Venom’s Tokenomics !
Limited Entrie: 100 spot Cryptocurrencies have revolutionized the way we perceive and conduct transactions, and Venom Blockchain is at the forefront of this transformative movement. At the heart of the Venom ecosystem lies its native currency, VENOM, which functions similarly to how ETH operates on the Ethereum blockchain. In this blog, we will explore the tokenomics of Venom and its various use cases that contribute to the network’s functionality and vitality.VENOM’s UtilityThe VENOM token s...
Venom EcosystemVenom Network’s Competitive Advantages- Tokenomic!
In the crypto space full of excitement and potential, we are always looking for remarkable projects to invest in and participate in. Today, I would like to introduce to you a special project, a promising journey called Venom. Together, we will explore an out-of-the-box blockchain platform, with cutting-edge Turing-complete Proof of Stake (PoS) technology and unique support from the Venom Foundation. Confirmed and registered in the Abu Dhabi Global Market (ADGM), Venom has made its mark as a n...
Venom EcosystemIntroducing the Venom Blockchain Roadmap: Decentralized Innovation and Community Governance
Introduction: The Venom Foundation is proud to present the Venom blockchain launch roadmap, which sets the stage for decentralized innovation and community-driven governance. In this article, we will explore the stages outlined in the roadmap that will shape the evolution of our blockchain ecosystem. 1- Introducing the Venom blockchain launch roadmap, where we embark on a path of decentralized innovation and community-driven governance. Let's explore the stages that will shape our blockc...
Venom EcosystemUnderstanding Venom’s Tokenomics !
Limited Entrie: 100 spot Cryptocurrencies have revolutionized the way we perceive and conduct transactions, and Venom Blockchain is at the forefront of this transformative movement. At the heart of the Venom ecosystem lies its native currency, VENOM, which functions similarly to how ETH operates on the Ethereum blockchain. In this blog, we will explore the tokenomics of Venom and its various use cases that contribute to the network’s functionality and vitality.VENOM’s UtilityThe VENOM token s...
The asynchronous blockchain building a more connected future. Secure by design, scalable by nature
Subscribe to Venom Ecosystem
Subscribe to Venom Ecosystem
Share Dialog
Share Dialog
>1.9K subscribers
>1.9K subscribers
Introduction:
In an exciting development within the VenomFoundation community, VenomCircle has introduced its DAO, reshaping the way community governance operates on the Venom Testnet blockchain. This DAO marks a significant step forward, offering every member the opportunity to actively participate in shaping the future of the community.
🐍 Power of Decentralization:
The VenomCircle DAO operates on smart contracts, epitomizing decentralization and transparency. This innovative approach empowers the community to influence decisions collectively, making it a pivotal milestone in the community's growth.
🗳️ Voting Mechanics:
Under the VenomCircle DAO, community members engage in a straightforward yet effective voting process. With two designated Venom wallets (Wallet A & Wallet B) representing opposing options for each statement, members send Testnet tokens to the wallets, signifying their support for a particular option. The wallet with the most tokens at the end of the voting period determines the outcome.
📝 Member-Driven Suggestions:
One of the cornerstones of the DAO's success lies in the active involvement of the community. Members have the opportunity to propose theses within the Discord suggestions channel. However, to maintain order and fairness, specific rules dictate the frequency of submitting suggestions.
💬 Collaborative Engagement:
VenomCircle encourages open dialogue and collaboration within the Discord community. Members can promote their ideas by initiating the selection process with the "/suggestion" command in the dedicated suggestions channel.
👍 Inclusive Decision-Making:
To further promote inclusivity, community members are encouraged to participate in voting on theses. The use of emojis ❌ for "no" and ✅ for "yes" makes voting simple and accessible to all. The winning thesis is determined based on the upvotes minus downvotes over a set period.
📅 Thesis Calendar for Transparency:
To keep everyone informed and organized, VenomCircle has implemented a Notion Thesis Calendar. This calendar displays upcoming and past theses, along with detailed descriptions and wallet votes, providing transparency and accountability.
🌟 Fostering Community Evolution:
The VenomCircle DAO represents a significant step forward for the VenomFoundation community, aiming to achieve true decentralization and innovation. By empowering each member to actively participate, VenomCircle is driving community-driven growth and collective progress.
🚀 As VenomCircle DAO continues to gain traction, it will undoubtedly redefine how communities engage in governance and decision-making, setting an example for others in the blockchain space.
To learn more about Venom, check out the following links:
Website: https://venom.foundation/
Testnet: https://venom.network/
Whitepaper: https://venom.foundation/Venom_Whitepaper.pdf
Documentation: https://docs.venom.foundation/
Twitter: https://twitter.com/venomfoundation
Venom Circle Twitter: https://twitter.com/venom_circle
Introduction:
In an exciting development within the VenomFoundation community, VenomCircle has introduced its DAO, reshaping the way community governance operates on the Venom Testnet blockchain. This DAO marks a significant step forward, offering every member the opportunity to actively participate in shaping the future of the community.
🐍 Power of Decentralization:
The VenomCircle DAO operates on smart contracts, epitomizing decentralization and transparency. This innovative approach empowers the community to influence decisions collectively, making it a pivotal milestone in the community's growth.
🗳️ Voting Mechanics:
Under the VenomCircle DAO, community members engage in a straightforward yet effective voting process. With two designated Venom wallets (Wallet A & Wallet B) representing opposing options for each statement, members send Testnet tokens to the wallets, signifying their support for a particular option. The wallet with the most tokens at the end of the voting period determines the outcome.
📝 Member-Driven Suggestions:
One of the cornerstones of the DAO's success lies in the active involvement of the community. Members have the opportunity to propose theses within the Discord suggestions channel. However, to maintain order and fairness, specific rules dictate the frequency of submitting suggestions.
💬 Collaborative Engagement:
VenomCircle encourages open dialogue and collaboration within the Discord community. Members can promote their ideas by initiating the selection process with the "/suggestion" command in the dedicated suggestions channel.
👍 Inclusive Decision-Making:
To further promote inclusivity, community members are encouraged to participate in voting on theses. The use of emojis ❌ for "no" and ✅ for "yes" makes voting simple and accessible to all. The winning thesis is determined based on the upvotes minus downvotes over a set period.
📅 Thesis Calendar for Transparency:
To keep everyone informed and organized, VenomCircle has implemented a Notion Thesis Calendar. This calendar displays upcoming and past theses, along with detailed descriptions and wallet votes, providing transparency and accountability.
🌟 Fostering Community Evolution:
The VenomCircle DAO represents a significant step forward for the VenomFoundation community, aiming to achieve true decentralization and innovation. By empowering each member to actively participate, VenomCircle is driving community-driven growth and collective progress.
🚀 As VenomCircle DAO continues to gain traction, it will undoubtedly redefine how communities engage in governance and decision-making, setting an example for others in the blockchain space.
To learn more about Venom, check out the following links:
Website: https://venom.foundation/
Testnet: https://venom.network/
Whitepaper: https://venom.foundation/Venom_Whitepaper.pdf
Documentation: https://docs.venom.foundation/
Twitter: https://twitter.com/venomfoundation
Venom Circle Twitter: https://twitter.com/venom_circle
No activity yet