Venom Foundation Airdrop: Double Your Rewards WITH THIS!
Description
Venom Foundation is allocating 22% of its initial token supply to the community, according to its whitepaper. This is very likely to be an airdrop to early users! You can complete testnet tasks to min...
AI Analysis
Get ready for a potentially massive airdrop opportunity with Venom Foundation, a project that everyone should be looking into to get early rewards at absolutely no cost. Its testnet launched a couple of months ago, and you can complete tasks to mint NFTs, which is a lot like how the Aptos airdrop worked last year, where users who minted an Aptos Zero testnet NFT received up to $10,000 in airdrops. What's even more exciting is that Venom's whitepaper states 22% of their initial token supply is earmarked for the community, essentially confirming an airdrop is on the horizon.
Here's a breakdown of what you need to know and do:
* Why Venom Foundation is a Big Deal:
* It's one of the first blockchain infrastructures to be licensed by the Abu Dhabi Global Market (ADGM), making it a highly regulated project with major plans.
* The foundation has committed an astounding $1 billion in funding to onboard Web3 projects and services onto its network, indicating they want wide adoption and are willing to invest heavily in it.
* This massive investment signals that they are likely to reward loyal users generously, especially considering it's backed by Abu Dhabi's substantial wealth fund.
* The "Secret Trick" for Maximizing Airdrop Rewards:
* Since connecting a Twitter account is a requirement to set up a Venom wallet and claim testnet tokens, you can potentially create multiple Venom wallets by using multiple Twitter accounts.
* This strategy could allow you to complete all tasks and mint NFTs on each wallet, theoretically multiplying your airdrop rewards significantly – imagine a 10x increase if you manage 10 wallets!
* While "airdrop farming" with multiple wallets can sometimes be frowned upon for diluting the rewards pool, it has proven effective for past airdrops like Arbitrum. However, if you prefer to play it safe, stick to using just one wallet.
* Getting Started with the Venom Testnet:
* Head over to venom.network, which is the hub for all testnet activities.
* You'll need a new Venom wallet because Venom operates on its own virtual machine, not an EVM (Ethereum Virtual Machine) chain. You can download the wallet from the App Store, Google Play, or as a Chrome extension (remember to pin it for easy access).
* Once your wallet is set up, you'll be redirected to venom.network/task. Before you can claim testnet tokens or start tasks, you must connect your Twitter account to your Venom wallet.
* Upon connecting, you'll automatically receive 50 testnet Venom tokens.
* Acquiring More Testnet Venom Tokens (Faucet):
* To get more testnet Venom, visit gettestnetvenom.com.
* You can complete simple social tasks, like logging in with your Discord account and joining the Discord channels of various projects, to claim tokens.
* Additionally, you can claim five testnet Venom tokens daily by completing a straightforward quiz.
* It's important to accumulate plenty of testnet Venom tokens, as you'll need them to interact with a wide array of dApps (decentralized applications) and explore more options within the ecosystem.
* Completing Tasks and Minting NFTs:
* Navigate to the "Earn NFTs achievements" section on the task page (venom.network/task).
* You'll see a list of projects under "Explore the Venom ecosystem," each indicating how many tasks are required to mint its specific NFT.
* The process is user-friendly: simply complete the listed actions for each project.
* Pro-Tip for Enhanced Engagement: While the basic steps will get you the NFT, it's beneficial to interact with dApps more deeply to demonstrate genuine engagement. For example, on Web3.World (a DEX):
* Beyond just swapping tokens (like Venom for wrapped Venom or USDT), delve into providing liquidity and yield farming.
By depositing LP (liquidity provider) tokens into farming pools, you can earn Web3.World's native token. This suggests that regular interaction could qualify you for an additional* airdrop from Web3.World itself, effectively doubling your potential rewards.
* Other tasks are often straightforward, some only requiring you to follow social media channels.
* For NFT marketplaces like Oasis Gallery and NUMI, simply buy an NFT directly using your testnet tokens—there's no need to make offers or bargain.
* NUMI Specifics: NUMI is a new addition to the ecosystem. If you created your wallet before this month, you might have already received a NUMI token airdrop. If not, you can easily swap your Venom testnet tokens for NUMI tokens on Web3.World.
* Tracking Your Progress:
* All the NFTs you've minted will be visible on the main task page and within your Venom wallet.
* The more NFTs you collect, the higher your chances are of receiving greater airdrop rewards.
The Venom testnet is still in its early stages, with many more projects yet to launch. By consistently completing tasks and collecting NFTs, you're positioning yourself for what could be a very significant airdrop from a project that looks incredibly promising.
Transcript
All right, if there's one project that you want to get in early to get massive airdrop rewards and absolutely no cost, it has to be Venom Foundation. Its testnet was launched two months ago and there are tasks that you can complete to mint NFTs. This is very similar to the Aptos airdrop model last year where users who minted an Aptos Zero testnet NFT got up to $10,000 in airdrops. And according to Venom's white paper, 22% of the initial token supply will be allocated to the community, which bas...