ChainCatcher news, Venom Foundation CEO Christopher Louis Tsu posted on X that over the weekend we discussed the details of Venom's mainnet launch plan. Venom will not launch secretly and will announce through official channels such as Discord and the Venom Foundation. Please be cautious of fake accounts and verify all information.

ChainCatcher news, Venom Foundation announced that the Layer1 blockchain Venom public testnet is now live. Users can collect NFT badges by participating in Venom's testnet and providing feedback. In addition, Venom will launch an ecosystem hackathon with a total prize pool of $225,000.Currently, the DApps launched on the Venom testnet include Venom Wallet, Venom Scan, VenomPools, Venom Bridge, Venom Stake, Web3.World, WeUp, NFT Mint, Oasis.Gallery, etc. (source link)

ChainCatcher news, Layer 1 blockchain project Venom Foundation has partnered with investment management firm Iceberg Capital to launch a $1 billion venture fund that will invest in seed to Series A funding for Web3 protocols and decentralized applications (dApps), focusing on sectors such as payments, asset management, DeFi, banking services, and GameFi.VVF will also leverage Iceberg Capital's resources to provide incubation programs, assisting projects with marketing, exchange listings, technical, legal, and regulatory support. Former BlackRock executive Peter Knez and experienced investor Mustafa Kheriba will join the fund's leadership team.In addition to the fund announcement, VVF has also made its first investment, leading a $20 million financing round for the creator-focused metaverse platform Nümi Metaverse. (source link)