Venom is a layer-zero blockchain backed by the Venom Foundation, which has obtained government licensing in Abu Dhabi, United Arab Emirates. This achievement positions it as a leader in the sector and provides a significant competitive advantage. Its unique architecture and technology enable Venom to provide a high level of performance and security, making it an ideal platform for decentralized applications.
It has a team that matches the $1 billion fund. For example, we have Peter Knez, former CIO of BlackRock, the world's largest asset manager with assets under management worth $10 trillion. There is also Osman Sultan, former CEO of DU Telecom, a visionary leader who stands out in the telecommunications industry. The Executive Chairman of Iceberg Capital, Mustafa Kheriba, and other members of ADGM who will serve as advisors and consultants. They also have Christopher Louis Tsu, who worked directly with Steve Jobs at Apple on one of the early Mac computers.
Regulation and Legal Security: Venom is the first blockchain with government licensing and regulated by the Abu Dhabi Global Markets. This provides important legal security for investors and projects operating on its platform.
Interoperability: Venom allows integration with other blockchains and the adoption of Central Bank Digital Currencies (CBDC), facilitating access to decentralized finance using government-backed digital currencies.
Signed MOUs with 5 states to implement stablecoin initiatives.
Advanced Development: Venom is in its Testnet phase, with a robust testing network and development focused on achieving a capacity of over 100,000 transactions per second and very low transaction costs. Additionally, it is committed to environmental sustainability by using a zero-emission validation method.
Strategic Partnerships: Venom has established important partnerships, such as collaboration with DAO MAKER, a renowned provider of blockchain growth solutions.
Diverse Use Cases: Venom offers a wide range of use cases, including the development of DAOs, decentralized applications, social networks (SocialFi), video games, DeFi, and trading. Additionally, its support for the use and development of CBDCs provides access to decentralized finance through government-backed digital currencies.