Thread by @1sneakey

[thread] about venom foundation and its first nft collection quantum eye society

venom foundation is a highly innovative technology in its very early stages and quantum eye society is the first nft collection on venom.

1. what is venom foundation ?
2. what is quantum eye society ?
3. how to secure a free mint spot ?

1. what is venom foundation ?

venom is a multi-blockchain platform composed of one masterchain, workchains and shardchains, complementing each other to form Venom.

let's see one by one how these chains work.

- masterchain : layer-0 blockchain. acts to ensure interoperability beetween chains. provides necessary information to guarantee a consensus between validators. all the essential informations are located in this masterchain.

- workchains : layer-1 blockchain. all workchains have their own infrastructures, utilities, cryptocurrencies but still enjoy the security that the masterchain provides. the number of workchains amounts to 2³² ! this figure reflects the ambition of the venom protocol

- shardchains : equivalent to workchains, they have their own memory space. only difference is that lies with a subset of accounts, more precizely with a set of smart contracts stored on the blockchain and the shardchain is limited to only the transactions of these contracts.

consequently, they have much less resposibility. the number of shardchains amounts to 2⁶⁰ per workchain.

tech permetting to ensure such speed and scalability is called “dynamic sharding”. it divides blockchain into smaller unities called “shards”. thanks to this, everything is split and no queue is formed. txs are processed in parallel, increasing scalability.

this whole process is atm capable processing 100,000 transaction per second with an average transaction fee as low at $0.0002.

this is how venom foundation seduced the traditional financial world.

venom is the first crypto foundation in the adgm for abu dhabi global market, with a license to operate a blockchain and issue utility tokens.

venom envisions a global economy where governments, businesses and consumers operate with vastly expanded transactional capabilities through decentralized blockchain based financial systems. huge ambitions as tech comes with the potential to become a bridge toward wide adoption

this is very good because a lot of crypto innovations come from mena regions.

indeed, about the actors of venom foundation...

...i'm not gonna talk precisely about all the team members. read their medium article about it if you wanna more about them : medium.com/@venom.foundat…

but to summarize, team is full of talented dudes who already accomplished a lot both in web3 and financial ecosystems.

for the moment, venom is developing, they already created :

- their own wallet : venomwallet, mobile application + desktop browser extension
venom.foundation/wallet

- their tx explorer : venomscan
testnet.venomscan.com

- system allowing interchain transactions to be made fast, while low price : venombridge
testnet.venombridge.com/bridge

- place to stake on validator nodes : venompools
testnet.venompools.com

etc...

see more here : venom.foundation/ecosystem

a nft marketplace, a derivative exchange, a fiat-backed stablecoin are in their plans too...

they released their whitepaper 2 days ago, maybe an indicator that the testnet could be right around the corner...

links

website : venom.foundation
twitter : @VenomFoundation
medium : medium.com/@venom.foundat…
discord : discord.gg/venomfoundation
wp : venom.foundation/Venom_Whitepap…

2. what is quantum eye society ?

it is the first nft collection to be released on the venom blockchain.
it will be free mint, supply is 1k and mint date is when venom mainnet goes live. collection will be tradeable on venom's nft marketplace.

that's all we know about quantum

3. how to secure a free mint spot ?

now, let's see how to be able to mint your nft when mint will be live.

firstly, keep in mind that whitelist opportunities will present themselves, but they will be rare. this is a low-supply collection that will be extremely sought-after.

however, whitelist opportunities have already presented themselves :

- premint. join the giveaway below, and see if luck is on your side : premint.xyz/Quantum-Eye-So…

- crew3. gather points through crew 3 by taking part in the quests. crew3.xyz/c/quantumeyeso…

imo crew3 is the best way to get a spot, remember both sprint leaderboard and general count so even if you’re late in comparison to many others, you still have chances thanks to sprint quests.

- twitter giveways on @QuantumEye_NFT

- discord flash events (recently a premint was live for a few days so hop in the discord and stay tuned)

even if supply is 1k, they said they will allocate more than 1k free mint spots bc not all winners will install venom wallet so don't lose hope and grind !

that was a short thread because we don't know much about quantum and because i wanted to vulgarize content about venom. but ofc you should dyor with all links i gave you to try to be positioned when venom will go live.

even if venom is already solid, we still are very early...

https://twitter.com/1sneakey/status/1637853911942848538?s=20

rt + like 📈

#venomfoundation #quantumeyesociety