Venom is a layer-0 non-EVM blockchain with dynamic sharding algorithm and Mesh technology, which enhances blockchain interoperability by setting communication standards for TVM-compatible networks, ensuring faster transaction speeds, robust decentralization, and reliable message delivery for cross-chain transactions. Venom provides developers with a Threaded Virtual Machine (TVM) for asynchronous smart-contacts and a T-SOL, a Solidity-like programming language, allowing blockchain network throughput of 100,000+ TPS for building highly scalable Web3 applications across various domains:
CBDC and Fiat-backed stablecoins
Asset Tokenization
Trade Finance
Proof of Reserve (PoR) mechanisms
Microtransactions
Decentralised Identity
Venom aims to build the blockchain infrastructure worldwide to bring simple, reliable and affordable payment methods to billions of non-crypto users and unbanked population.
Venom Price Analysis
As of September 12 2024 Venom has a marketcap of $219M.
This is {{percentagefromath}} from its all time high of $0.782403.
In terms of its tokenomics, there's a total supply of 7.2B with 25% currently outstanding.
Keep in mind Venom has a fully diluted value of $862M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
