12 Jan 2025

Exploring Venom Testnet: Project Overview and Guide

Exploring Venom Testnet: Project Overview and Guide

A promising testnet on the horizon. With a series of simple tasks, you have the opportunity to earn rewards. We’ll guide you through each step swiftly and painlessly.

On this page

Venom is an innovative L1-blockchain, conceived to speed up web3-applications and streamline global transactions in the DeFi sector. It boasts a dedicated venture fund with an impressive $1 billion backing. If you peek into the whitepaper, you'll find that there will be a total of $7.2 billion tokens, a significant 22% of which has been set aside for the community.

Time to explore the testnet.

Start by downloading and installing the wallet here. Proceed to this link, connect your wallet and follow the steps listed below (from left to right):

Completing Venom project tasks. Source: venom.network

Completing Venom project tasks. Source: venom.network

After knocking out these three tasks, collect your tokens by hitting “Claim”: 

Token claim prompt. Source: venom.network

Token claim prompt. Source: venom.network

Scroll down slightly to discover additional tasks:

Task listing page. Source: venom.network

Task listing page. Source: venom.network

Test 1. Venom Foundation

  • Follow the provided link;
  • Subscribe to the project's Telegram and YouTube channels;
  • Claim your NFT.

NFT minting process. Source: venom wallet

NFT minting process. Source: venom wallet

Test 2. Venom Wallet

  • Follow the link;
  • Initiate a transfer and seize your NFT.

NFT Minting procedure. Source: venom wallet

NFT Minting procedure. Source: venom wallet

Test 3. Web3.World

  • Follow the provided link, join the Telegram channel;
  • Navigate to this link;
  • Execute a swap (as shown in the snapshot below):

Exchanging Venom for USDT. Source: testnet.web3.world

Exchanging Venom for USDT. Source: testnet.web3.world

  • Circle back to the page, validate task completion, and collect another NFT. 

Test 4. Venom Bridge

  • Access the page;
  • Follow the given link;
  • Integrate Metamask and Venom wallets;
  • Refer to the snapshot below (transfer from Venom to BSC network) and click “Continue”

Transfer from Venom network to BSC network. Source: testnet.venombridge.com

Transfer from Venom network to BSC network. Source: testnet.venombridge.com

  • Next, perform a reverse transfer from BSC to Venom:

Transfer from BSC network to Venom network. Source: testnet.venombridge.com

Transfer from BSC network to Venom network. Source: testnet.venombridge.com

  • Revisit the page, validate the transfer, and snatch your NFT. 

Test 5. Venom Stake

  • Starting from here;
  • Open the provided link and stake 1 Venom;

Venom Token Staking. Source: testnet.venomstake.com

Venom Token Staking. Source: testnet.venomstake.com

  • Circle back to the page, verify that you've done the task, and stake your claim on the NFT.
  • Open up the webpage;
  • Pick any NFT right here and hit “BUY NOW”.

Buying an NFT on the Venom network. Source: testnet.oasis.gallery

Buying an NFT on the Venom network. Source: testnet.oasis.gallery

  • Select the “MY NFT'S” tab at the top and put one up for sale:

Selling an NFT on the Venom network. Source: testnet.oasis.gallery

Selling an NFT on the Venom network. Source: testnet.oasis.gallery

  • Decide on the price (don't undersell), sign off on the transaction.

NFT Listing.  Source: testnet.oasis.gallery

NFT Listing. Source: testnet.oasis.gallery

  • Circle back here, verify the task completion, and grab your NFT.

Test 7. VenomPad

  • Navigate to the webpage;
  • Follow the Twitter account provided;
  • Compose a tweet and secure your NFT.

Test 8. Snipa Finance

  • Open the given link and tweet;
  • Visit this page, link your wallet, and select “Join Venom Testnet”.

Join Venom Testnet. Source: venom.snipa.finance

Join Venom Testnet. Source: venom.snipa.finance

  • Come back here, affirm the steps you've taken, and receive your NFT.

Test 9. Nümi

  • Access this page, watch the video, post a tweet;
  • Exchange a small sum of Venom for Nümi:

Swapping Venom for Nümi. Source: testnet.web3.world

Swapping Venom for Nümi. Source: testnet.web3.world

  • Head into the shop and purchase any available NFT:

Buying an NFT with Nümi. Source: club.numi.net

Buying an NFT with Nümi. Source: club.numi.net

  • Return to this page and mint your NFT..

Test 10. Ylide

  • Visit the page with the task;
  • Follow on Twitter, click on the link;
  • Connect your wallet, write any message and send it:

Sending an on-chain message. Source: hub.ylide.io

Sending an on-chain message. Source: hub.ylide.io

Congrats! You've completed all the tasks available at the time this article was written. Now, make sure to pop over to the project's Discord and drop a review about the testnet. Remember to include your Venom wallet in your review. 

Example of review composition. Source: Discord Venom Foundation

Example of review composition. Source: Discord Venom Foundation

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author

Latest News

MORE
The Crypto Rollercoaster of 2024 — Wins and Woes

The Crypto Rollercoaster of 2024 — Wins and Woes

The crypto sector evolved at breakneck speed in 2024. With major wins and notable setbacks, it’s time to reflect on the year’s key developments and their implications for the future.

31 Dec 2024
OpenSea Token: Release Date and How to Qualify for the Airdrop

OpenSea Token: Release Date and How to Qualify for the Airdrop

The NFT marketplace OpenSea, a pioneer in the space for the past seven years, is expected to launch its native token in 2025. A significant portion of the tokens will likely be distributed through a retroactive airdrop—a common way to reward the community for their past activity and support.

30 Dec 2024
5 Most Exciting Token Launches to Watch in 2025

5 Most Exciting Token Launches to Watch in 2025

In 2024, we saw a number of hot airdrops and token launches, from AI-powered projects to the rise of memecoins. Now, as we head into 2025, the crypto space is set to expand even further with an increasing number of cryptocurrencies.

27 Dec 2024
A Million Bitcoins for the U.S.? Cynthia Lummis’ Ambitious Plan

A Million Bitcoins for the U.S.? Cynthia Lummis’ Ambitious Plan

Wyoming Senator Cynthia Lummis has proposed an ambitious plan to create a strategic Bitcoin reserve for the United States. In a recent interview, she explained how Bitcoin could strengthen the global position of the U.S. dollar and help address the growing national debt.

23 Dec 2024

Latest News Alt

MORE
Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

An overview of BTC, ETH, XAUT, and S&P500 charts, along with the current cryptocurrency market dynamics.

06 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

An overview of BTC, ETH, XAUT, and S&P500 charts, and the current cryptocurrency market dynamics.

30 Dec 2024
Weekly Analysis of BTC, ETH, and the Stock Market (Dec 23, 2024)

Weekly Analysis of BTC, ETH, and the Stock Market (Dec 23, 2024)

An overview of BTC, ETH, XAUT, and S&P500 charts, and the current cryptocurrency market dynamics.

23 Dec 2024

Might Be Interesting

MORE
Mining Farms Uncovered — How Crypto Is Mined at Scale

Mining Farms Uncovered — How Crypto Is Mined at Scale

As a cornerstone of the crypto industry, mining farms drive blockchain networks. But how do they work? Uncover the mechanics behind these cutting-edge hubs and their role in the crypto landscape.

07 Jan 2025
William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, co-founder of WAX and Tether, firmly believes that stablecoins are more than a tool for traders—they’re the key to transforming the global economy. Already central to crypto trading and cross-border payments, their future potential is even more exciting.

04 Jan 2025
Why Blockchain Is Different from Traditional Databases

Why Blockchain Is Different from Traditional Databases

In the world of business and finance, information is everything. Traditional databases have been reliable tools for decades, but blockchain presents a groundbreaking alternative. What sets it apart, and could it lead to a paradigm shift?

03 Jan 2025
How Does Multisig Works and Protect Your Assets?

How Does Multisig Works and Protect Your Assets?

As threats to digital assets evolve, multisig technology provides a highly effective security layer. By requiring multiple signatures for transactions, it significantly reduces risks such as hacking and access loss.

02 Jan 2025
Crypto Price Gaps: Why Platforms Show Different Prices

Crypto Price Gaps: Why Platforms Show Different Prices

The crypto market has nuances you may not have noticed at first glance. For example, when you want to check the Bitcoin price, you probably Google it without thinking to compare the results. But when you monitor the market regularly and engage in trading, you notice the prices aren’t the same on all platforms.

24 Dec 2024
The Czech Republic and Its Crypto-Friendly Policies

The Czech Republic and Its Crypto-Friendly Policies

The Czech Republic is emerging as a crypto-friendly nation, recognizing cryptocurrencies as legitimate payment methods and encouraging their use in business. But its regulatory framework is still taking shape. Here’s how crypto is managed today.

23 Dec 2024

Opinions

8 Commandments for Crypto Exchange Users

8 Commandments for Crypto Exchange Users

While cryptocurrency exchanges offer many security features, they are still vulnerable to hacks, fraud, and other criminal activity. Remember, no online platform can guarantee 100% protection for your funds. Follow these eight key rules to reduce your risks. Rule #1: Don’t Believe in the Myth of Absolute Exchange Security Even the largest and most seemingly […]

12 Jan 2025
10 Key Investment Trends to Watch in 2025: Green Crypto, Regulations, and More

10 Key Investment Trends to Watch in 2025: Green Crypto, Regulations, and More

Donald Trump is back, Germany’s economy is in trouble, while U.S. economic indicators seem to have a robust momentum, and interest rates are sliding downhill. Sounds dramatic? It is. But 2025 isn’t all doom and gloom—it’s full of opportunities for investors who know where to look. Whether you’re a seasoned pro or someone still figuring […]

12 Jan 2025
MORE

Interviews

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Volodymyr Nosov, CEO of Europe’s largest crypto exchange WhiteBIT, sat down with Dmytro Gordon, one of Ukraine’s most prominent journalists. The interview touched on Bitcoin, crypto, WhiteBIT, cars, keys to success, and business vision.

18 Dec 2024
WhiteBIT CEO: Standing Strong Against Russian Aggression

WhiteBIT CEO: Standing Strong Against Russian Aggression

In an interview with BTC-ECHO, Volodymyr Nosov, the founder and CEO of WhiteBIT, discussed the impact of Russian aggression on the crypto exchange’s business, how WhiteBIT stays a top competitor in the industry, and when he believes our financial system will be completely transformed.

04 Oct 2024
MORE