What is Venom?

Venom aims to bring blockchain technology to mainstream use by addressing scalability, security, and interoperability issues. The Dynamic Sharding Protocol processes high transaction volumes in parallel, while Workchains provide industry-specific blockchains. Mesh Networks enable secure and seamless interchain communication, integrating Venom with other blockchains. The platform maintains security with a PoS-based Byzantine fault-tolerant consensus mechanism and collaborates with leading firms for smart contract audits.

As of 2025, Venom stands out with a test environment performance of 54,000 TPS and a mainnet capacity of 4,000 TPS.

Venom’s Purpose

Venom aims to make blockchain accessible to the masses. It addresses issues in traditional financial systems such as bureaucracy, lack of transparency, and high fees, offering innovations in CBDC, stablecoins, tokenized assets, and trade finance. Mesh Networks bridge public and private chains, balancing transparency and privacy. It targets financial inclusion for billions of people.

How Venom Works

Venom operates with Dynamic Sharding and Workchains. Sharding divides transactions into parallel-processing shardchains; shardchains split under high load and merge when load decreases. Workchains create industry-specific blockchains for sectors like finance or gaming, operating in public, private, or consortium models. The Masterchain, as the network’s backbone, coordinates Workchains and shardchains; the Threaded Virtual Machine (TVM) executes smart contracts.

The $VENOM token is used for network fees, staking, and governance. The PoS consensus encourages validators to secure the network by staking tokens; delegation allows user participation. The T-Sol programming language supports TVM’s asynchronous Actor Model, offering flexibility and upgradability in smart contracts.

Roadmap:

• Phase 0 (PoA Launch): Proof of Authority (PoA) for controlled testing; the Foundation manages all validators.

• Phase 1 (PoS and Governance): Transition to PoS, community validators, and governance launch.

• Phase 2 (Workchains and Interoperability): Workchain framework, custom chains, and interchain communication.

Venom Use Cases

Venom offers versatile use cases:

• Stablecoin and CBDC: Private Workchains ensure regulatory compliance while providing fast and secure transactions.

• Tokenization: Tokenizing assets creates new opportunities for DeFi and trade finance.

• Trade Finance: Private chains protect sensitive data; public chains ensure transparency.

• Digital Identity: Account abstraction enables flexible authentication and recovery mechanisms.

• Sustainability: Proof of Reserves (PoR) for transparent and secure financial systems.

Venom Tokenomics

$VENOM is the network’s primary currency, supporting transactions, staking, and governance. It starts with an inflationary model (7.2 billion initial supply) but plans to transition to a deflationary model through fee burning. NanoVENOM is the smallest unit. Validators are incentivized with block rewards and transaction fees; delegation enables community governance participation.

• Community: 20%

• Ecosystem: 28%

• Foundation: 15%

• Early Backers: 7.5%

• Team: 7%

• Public: 0.5%

• Market Liquidity: 10%

• Validators: 10%

Venom Partners

Venom grows with projects like Web3World (DEX), Venom Bridge (cross-chain bridge), and NFT Marketplace. The Developer Program supports third-party teams; collaborations with payment systems and financial institutions enhance financial inclusion.

Venom Team

The Venom Foundation is led by Christopher Louis Tsu (CEO), Peter Knez (Chairman), and Ari Last (CBO). The team has been developing Everscale-based technologies since 2017, collaborating with the community and developers to create innovative solutions.

Official Links

• Website
• X (Twitter)
• Whitepaper

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Leading cryptocurrency exchange OKX has announced the listing of a new altcoin.

OKX announced on its official website on December 18 that it will list Venom (VENOM), a Tier-0 blockchain project.

OKX announced that deposits began on March 22nd and that they will open VENOM for spot trading on March 25th at 11:00 a.m. ET with the VENOM/USDT trading pair.

In addition, OKX stated that VENOM withdrawals will begin at 13.00 on March 26.

VENOM, with a total supply of 7.2 billion, is a blockchain project that offers an independent economy by providing sustainable and scalable infrastructure for enterprise, government and web3 applications. VENOM does not have a token already on the market and will be launched alongside OKX.

OKX issued a risk warning, emphasizing that some data was obtained from third parties and not from their own.

The post New Listing From OKX! appeared first on Coin Engineer.

Venom is a network that authorizes participants to develop a blockchain ecosystem. Maintaining the highest standards of governance, Venom Foundation is the first blockchain chain licensed from Abu Dhabi Global Market (ADGM) to comply with international law.

 The Venom blockchain was designed to address scalability issues and non-experienced users of decentralized applications. The performance of operations is slower than other blockchains to detect problems. High transaction fees and low scalability problems have been being tried to be solved.

Venom Foundation and Team

The Venom Foundation works for the development of the Venom blockchain and the dissemination of its use. He also manages, The Foundation offers opportunities for many industry sectors. It aims at sustainability in the functionality and security of the network so that it can be by international standards. These features allow individual and corporate users to take advantage of the possibilities of blockchain technology.

Aiming to increase efficiency and reduce costs, when the Foundation provides sufficient resources, developers and enterprises will strive to create decentralized networks (business chains) in the Venom network. The Foundation also offers to work with other projects and institutions to be able to expand more, be recognized, and demonstrate its innovative approach.

The Venom Foundation team wants to expand blockchain technology even wider around the world by offering innovative technologies. In addition, The Venom Foundation team, which aims at scalability, security, and interoperability in blockchain technology, says that it will cooperate with developers, financial institutions, and other stakeholders. Moreover, they promise to provide regular reports on their activities.

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Venom Network Ecosystem and Participants

Currently, there are many applications in the Venom ecosystem which has a testnet. The users can participate in these testnets and collect NFTs with Venom Wallet. After connecting to the Testnet with Venom Wallet, the transactions we make to try out the network allow us to use many platforms. Thanks to this, we can see that Venom Network is very willing to improve itself in every field. It is being considered as a possible airdrop when switching to mainnet in the future. In addition, the Venom Network has Venom Scanner to monitor transactions on the network.   It has a decentralized wallet for usage on the apps. Users can stake Venom assets and receive certain rewards thanks to Venom Pools. Moreover, there are decentralized exchanges called Web3World and Venom Bridge platforms for bridge transactions.

It provides opportunities for developers, users, and validators. Validators are essential to verify transactions on the network and prevent transactions such as fraud. Users also have a special importance. They contribute to the success of the network using dApps platforms.  Briefly, the Venom blockchain enables the network to expand, develop and grow with the help of the transactions and platform usages made by the participants.

Venom Token and Tokenomics

The VENOM token is the primary currency used on the Venom blockchain. Thanks to the Venom token, paying network fees will be possible in the ecosystem and platforms. In addition, those who act as validators in transactions on the network are rewarded with the VENOM token. Validators are responsible for generating new blocks on the network and verifying transactions. Participants can stake their tokens to become validators and thus token holders can participate in the consensus mechanism by transferring their tokens to validators. At the same time, participants will be able to vote for the development of the network using the VENOM token.

Since Venom does not have a maximum token supply, it is conceivable that it may cause inflation in the future. That’s why the Venom Foundation is looking for solutions. One of them is the idea of burning fees used in transfer transactions. The Venom Foundation announced that it will continue to develop the network and evaluate new approaches. Venom’s initial token supply is 7,200,000,000 VENOM. 84.5% of this initial supply is locked.

The token distribution is as follows:

You can learn all the news, announcements, and analyses about Venom Network by following our Telegram and YouTube channels.

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