About

Venom is a Layer 0 and Layer 1 network built on Mesh network technology, enabling it to host platforms, such as stablecoins, CBDCs, and RWAs (e.g., carbon credits).

History

In 2018, Venom vision took shape when Christopher Louis Tsu and Dr. Kai-Uwe Steck began exploring the blockchain technology.

By 2022, Tsu, Steck, and their core team had formed. The closed testnet was deployed in April 2022, and by April 2023, it was opened to the public. In March 2024, Venom launched its mainnet, subsequently listing on several exchanges. The blockchain is designed for scalability, low gas fees, and rapid transactions. Venom Foundation then relocated its headquarters from the Abu Dhabi Global Market to the Cayman Islands, establishing related entities in the British Virgin Islands.

Venom, now a Layer 0 and Layer 1 network, is a heterogeneous multi-blockchain system powered by dynamic sharding and Mesh technology. The Venom Foundation’s main objective is to cultivate its blockchain ecosystem through products like VenomWallet, VenomScan, VenomGet, VenomBridge, VenomPools, and Web3.World.