Venom (VENOM)$WCT $XRP $ETH
Unlock Date: July 25
Number of tokens to be unlocked: 59.26 million VENOM (0.74% of total supply)
Current circulation: 2.09 billion VENOM
Total supply: 8 billion VENOM
Venom is a multi-blockchain system with dynamic sharding. It is built on the Threaded Virtual Machine (TVM) and utilizes a Mesh network to enhance efficiency and scalability.
The project will release 59.26 million VENOM on July 25 as part of the monthly token unlock. These tokens are valued at $12.67 million and account for 2.84% of the current circulating volume.
The majority of the unlocked tokens, 17.92 million, will go towards ecosystem development. Early investors will receive 15 million tokens, the community will receive 15.84 million, and the team will receive 10.5 million VENOM.