• The Venom Foundation has announced that its blockchain has surpassed one million registered wallets in three months.
• Venom’s rapid growth can be attributed to its innovative technology, rigorous regulatory compliance, and secure user-friendly environment.
• The foundation recently entered into a partnership with the Kenyan government to create a “blockchain hub” in Africa.
Venom Blockchain Reaches One Million Registered Wallets
The Venom Foundation has announced that its blockchain has surpassed one million registered wallets within three months since the launch of the testnet on April 26th. This significant milestone is indicative of the increasing popularity and adoption of Venom’s various blockchain solutions.
Reasons Behind Rapid Growth
The Venom Foundation attributes this rapid growth to several factors, including its innovative technology, rigorous regulatory compliance, and secure user-friendly environment. Additionally, regular updates on the testnet have helped attract and retain users.
Recent Milestones Achieved by Venom
Last month saw a number of impressive milestones for the blockchain – 277 million transactions (a 46% increase from previous month), 28 million accounts with smart contracts (a 65% increase) and 5.8 million NFTs (a 93% surge).
Strategic Partnership with Kenyan Government
In May, the Venom Foundation also entered into a strategic partnership with Kenya’s government to establish a „blockchain hub“ in Africa. This will help promote widespread adoption of blockchain technology while ensuring regulatory compliance is met at all times.
These recent developments demonstrate how quickly Venom is progressing towards mainstream adoption and highlights its potential as an industry leader in providing reliable and secure blockchain solutions worldwide.