UAE Venom Blockchain boasts of 1 million registered wallets in less than four months since it launched
UAE licensed and regulated Venom Foundation has announced that it has registered one million Venom Wallets as of July 25 th 2023. Since April 2023, Venom was able to onboard 1 million registered wallets, reflecting the popularity of its blockchain network. Venome had launched its testnet in April 2023. According to the annouceent, “Venom’s success is driven by its groundbreaking technology, strict regulatory compliance, and secure, user-friendly platform that serves a wide range of users. Smooth operations and frequent updates on the Venom testnet also enhance its attractiveness, helping to draw and keep users.” In June 2023 Venom processed a staggering 277 million transactions, a significant rise of 46% from the previous month. The platform also witnessed a 65% increase in the number of accounts with smart contracts, which now amount to 28 million, and finally the platform also encompasses a remarkable 93% jump in minted NFTs as part of on-chain/social tasks, reaching 5