I've been following the Venom Token project for a while now, and I must say, I'm impressed with their progress. As someone who's been involved in various TestNet initiatives, I can attest that Venom's approach is unique and promising.
I've personally completed the TestNet tasks and minted the free NFTs, and I must say, the process was seamless. The Venom wallet integration with the browser was smooth, and the tasks were well-designed to test the network's capabilities.
What excites me most about Venom is its backing by Abu Dhabi financial authorities and the partnership with Iceberg Capital. This level of support and investment can be a game-changer for the project's success.
In my opinion, Venom Token has huge potential, and I believe early TestNet users will be rewarded handsomely. The fact that it's already listed on CoinMarketCap is a testament to its credibility.
However, I do want to caution that, as with any cryptocurrency project, there are risks involved. But from what I've seen so far, Venom seems to be on the right track.
Thanks for sharing your guide, Devika! Your Medium article was helpful in clarifying the steps for completing the TestNet tasks. I'm looking forward to seeing how Venom Token evolves and rewards its early supporters.
Topic: Venom Token Potential Reward For Early TestNet Users - Guide (Read 755 times)
Modestly, very modestly. Unfortunately, today I spent the whole day on the road and remotely I was only able to mint the final NFT, but I did not have the opportunity to go to Oasis and sell it. I only saw messages in the telegram channels, at the very beginning of sales, that some NFTs were sold for $200 and $1300. I still hope that the Venom team will distribute at least a minimal drop in tokens and of course that the final NFT will have adequate utility.
It is very unfortunate that you couldn't sell Venom NFT at the price of $200, and now is hovering around $40. The Venon network is down since yesterday and their team could not fix it until now. Venom launching seems to be very disastrous not only for the team but also for all those dedicated supporters of the project who overweeningly participating in their test net The venom community is grossly disappointed which is not good for the future of the project.
for those that finished the task with at least owning 23 NFT if im not mistaken to be able to claim that early participant NFT at least can cash out that NFT even though it amounts to peanut, but i'm not doing all those tasks just to be tricked like this, personally i don't finish most of their task and therefore i got less than the amount of NFT eligible for the minting of early participant NFT and i must say that i'm not disappointed at all spared myself from doing all those tasks for peanut knowing that the blockchain itself was hella slow as well when it was still in testnet, but good for anyone that successfully dumps their NFT and get good price.
right now the floor still stands at like what you said around 30-40 venom.
...I only saw messages in the telegram channels, at the very beginning of sales, that some NFTs were sold for $200 and $1300. ..
The fact that someone put up such a price for an actually unnecessary NFT does not mean that someone else will buy it for such a price. The only thing I agree with is that such an airdrop from Venom was a big disappointment for those who participated in the testnet.
Despite the fact that my expectations for the Venom airdrop were very modest, but I could not even imagine that after mint 22 NFT in the test network, another final NFT would be sent to our wallets. What value it will have in the future is unknown, but now it is traded on https://oasis.gallery/collection/0:fa200706e21863c1da8f35d334f48faeb39d34ad21efd81178ffab40850c0898 for 50 dollars.
You are absolutely right, even I am deeply dsappointed with the reward, I only received 29 Venum tokens worth $20 approximately for opeing my account on OKX exchange and completing all requirements of KYC. For completing 22 test net tasks including claiming NFTs, unfortunately, I have not received any reward which is contraory to my modest expectation of at least 300 Venom coins.
The value of a token is always unpredictable, and you are not the only one whose expectations have failed. Expectations are always that the token will most likely not succeed in being listed on any platform or that its trading value will be very low. As for the Venome airdrop, expectations were different this time. It can be considered a surprise to everyone, especially like me, who heard about Airdrop but did not subscribe to it, thinking that it was bullshit like the majority of Airdrops. I wasn't expecting my friend who subscribed to Airdrop to tell me that he had succeeded in selling some NFTs.
As for the price of the token, I expect that it will be determined according to the number of coins that will be unlocked for the testnet hunters. I do not want to spread panic, but I would not be surprised if the price falls to the bottom after the distribution. At the same time, I am thinking of buying some tokens if their price drops too much.
Modestly, very modestly. Unfortunately, today I spent the whole day on the road and remotely I was only able to mint the final NFT, but I did not have the opportunity to go to Oasis and sell it. I only saw messages in the telegram channels, at the very beginning of sales, that some NFTs were sold for $200 and $1300. I still hope that the Venom team will distribute at least a minimal drop in tokens and of course that the final NFT will have adequate utility.
It is very unfortunate that you couldn't sell Venom NFT at the price of $200, and now is hovering around $40. The Venon network is down since yesterday and their team could not fix it until now. Venom launching seems to be very disastrous not only for the team but also for all those dedicated supporters of the project who overweeningly participating in their test net The venom community is grossly disappointed which is not good for the future of the project.
Modestly, very modestly. Unfortunately, today I spent the whole day on the road and remotely I was only able to mint the final NFT, but I did not have the opportunity to go to Oasis and sell it. I only saw messages in the telegram channels, at the very beginning of sales, that some NFTs were sold for $200 and $1300. I still hope that the Venom team will distribute at least a minimal drop in tokens and of course that the final NFT will have adequate utility.
Despite the fact that my expectations for the Venom airdrop were very modest, but I could not even imagine that after mint 22 NFT in the test network, another final NFT would be sent to our wallets. What value it will have in the future is unknown, but now it is traded on https://oasis.gallery/collection/0:fa200706e21863c1da8f35d334f48faeb39d34ad21efd81178ffab40850c0898 for 50 dollars.
You are absolutely right, even I am deeply dsappointed with the reward, I only received 29 Venum tokens worth $20 approximately for opeing my account on OKX exchange and completing all requirements of KYC. For completing 22 test net tasks including claiming NFTs, unfortunately, I have not received any reward which is contraory to my modest expectation of at least 300 Venom coins.
Despite the fact that my expectations for the Venom airdrop were very modest, but I could not even imagine that after mint 22 NFT in the test network, another final NFT would be sent to our wallets. What value it will have in the future is unknown, but now it is traded on https://oasis.gallery/collection/0:fa200706e21863c1da8f35d334f48faeb39d34ad21efd81178ffab40850c0898 for 50 dollars.
So far there are no prerequisites for an increase in the value of $VENOM. There are no loud announcements about partnerships, all partnerships are only between ecosystem projects. Only a small volume of tokens entered circulation and all of them are actually circulating on the AMM/MM exchanges on which the listing took place. On Thursday the picture will become a little clearer; hope so.
The price of the coin will strongly depend on how many coins will be unlocked for the testnet participants. I do not know if the tokenomics of the project has been changed, but previously, only 10% of the accrued reward should have been unlocked for the testnet participants. But if the team unlocks the reward completely, then a dump will definitely follow.
So far there are no prerequisites for an increase in the value of $VENOM. There are no loud announcements about partnerships, all partnerships are only between ecosystem projects. Only a small volume of tokens entered circulation and all of them are actually circulating on the AMM/MM exchanges on which the listing took place. On Thursday the picture will become a little clearer; hope so.
The price of the coin will strongly depend on how many coins will be unlocked for the testnet participants. I do not know if the tokenomics of the project has been changed, but previously, only 10% of the accrued reward should have been unlocked for the testnet participants. But if the team unlocks the reward completely, then a dump will definitely follow.
Contrarily to that, I think that's the main one or part of the main one. I sent in my OKX details two or three days ago and did only six tasks out of the more than 20 tasks but I received a mail from OKX a few minutes ago that my 29.87 Venom was on the way to hitting my wallet. I guess the amount is uniformed for all participants from the screenshots that others have been sharing. The amount is small, given the stress of the numerous tasks therein and how long the testnet lasted. Anyway, let's see if it lists above $1.
Well its not yet the testnet airdrop I believe. I am sure its segregate cause not all testnet have okx or registered on the event. Its not just clear whether the testnet reward is still vested or the team change it to 100% vested seen some screenshot from twitter but I cant verify on the discord. What do you think guys when they will release a drop for this? We will be able to claim our airdrop in 3 days. And a special page has already been created for this, where we can get for the testnet reward - https://rewards.venom.network/ We can only hope that the price of the coin will not fall during this time, but on the contrary will grow)
Contrarily to that, I think that's the main one or part of the main one. I sent in my OKX details two or three days ago and did only six tasks out of the more than 20 tasks but I received a mail from OKX a few minutes ago that my 29.87 Venom was on the way to hitting my wallet. I guess the amount is uniformed for all participants from the screenshots that others have been sharing. The amount is small, given the stress of the numerous tasks therein and how long the testnet lasted. Anyway, let's see if it lists above $1.
Well its not yet the testnet airdrop I believe. I am sure its segregate cause not all testnet have okx or registered on the event. Its not just clear whether the testnet reward is still vested or the team change it to 100% vested seen some screenshot from twitter but I cant verify on the discord. What do you think guys when they will release a drop for this? We will be able to claim our airdrop in 3 days. And a special page has already been created for this, where we can get for the testnet reward - https://rewards.venom.network/ We can only hope that the price of the coin will not fall during this time, but on the contrary will grow)
~smipped~
Well its not yet the testnet airdrop I believe. I am sure its segregate cause not all testnet have okx or registered on the event.
Contrarily to that, I think that's the main one or part of the main one. I sent in my OKX details two or three days ago and did only six tasks out of the more than 20 tasks but I received a mail from OKX a few minutes ago that my 29.87 Venom was on the way to hitting my wallet. I guess the amount is uniformed for all participants from the screenshots that others have been sharing. The amount is small, given the stress of the numerous tasks therein and how long the testnet lasted. Anyway, let's see if it lists above $1.
Well its not yet the testnet airdrop I believe. I am sure its segregate cause not all testnet have okx or registered on the event. Its not just clear whether the testnet reward is still vested or the team change it to 100% vested seen some screenshot from twitter but I cant verify on the discord. What do you think guys when they will release a drop for this? ~
The last quest from OKX is not the main one, as it is carried out after the snapshot has been completed....I was able to send my OKX UID and the Venom address from that exchange. If the project was restricting those who didn't do all tasks, I'm sure I wouldn't have been able to send those addresses.
I do think maybe they will compensate those who minted something and not reward only those who completed the whole task. By the way, not many people even participated in the testnet.
I do think maybe they will compensate those who minted something and not reward only those who completed the whole task. By the way, not many people even participated in the testnet.
The last quest from OKX is not the main one, as it is carried out after the snapshot has been completed. Therefore, I think that those who send their address and UID will receive an additional airdrop in this way. You can download the Venom wallet right now and complete this latest quest from OKX and you will understand that it has nothing to do with previous quests. By the way, the number of wallets that are registered in the Venom test network is 17 million.
~snipped~
If you have not been active in the venov blockchain, then you definitely do not have the right to receive an airdrop. It does not happen that someone receives an airdrop from Venom and does not claim the 19-20 NFT that the participants received during the test period.I do think maybe they will compensate those who minted something and not reward only those who completed the whole task. By the way, not many people even participated in the testnet.
~snipped~
If you have not been active in the venov blockchain, then you definitely do not have the right to receive an airdrop. It does not happen that someone receives an airdrop from Venom and does not claim the 19-20 NFT that the participants received during the test period.I do think maybe they will compensate those who minted something and not reward only those who completed the whole task. By the way, not many people even participated in the testnet.
I tried to be part of this project by participating in the airdrop. I once stopped carrying out my duties and felt disappointed because there was an issue of returning all investor funds. but it seems now the project is back to life and getting closer to listing because several exchanges such as MEXC and gate.io already support the VENOM network.
I don't see any hype about this project till now except the testnet airdrop incentive. I saw they they have announced an airdrop pool for okx users and there is no info about rest of the community that they will get any airdrop or not. Testnet users are really disappointed as most of them thinking about doing the task and collecting all of these nft they will get some rewards which is pretty much uncertain till now.
I tried to be part of this project by participating in the airdrop. I once stopped carrying out my duties and felt disappointed because there was an issue of returning all investor funds. but it seems now the project is back to life and getting closer to listing because several exchanges such as MEXC and gate.io already support the VENOM network.
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