Dotcoin, a popular tap-to-play game on Telegram announced the distribution of 50,000 Venom (VENOM) tokens to the community. The plan is to distribute the tokens to the connected wallets in the application. VENOM has a total token supply of 7,200,000,000, of which 1,584,000,000 (22%) is secured for the community.
On August 13, Dotcoin took to X (formerly Twitter) to share the exciting news.
Source: X
Furthermore, the platform is engaged in a large-scale competition with a strategic partner, the Venom Foundation. At the beginning of August, Dotcoin join forces with Venom Foundation. Moreover, Dotcoin asked individuals to connect their Venom wallet with the application, mine DTC, and become active participants on the Telegram channel.
The DTC Mining system has undergone a slight rework to enhance its functionality. Users now have two options for upgrading their mining levels and taking part in the airdrop program.
The first option is Web2 which requires users to join the community and invite a number of active friends equivalent to the next level of their DTC Mining. This approach emphasizes community engagement and growth.
The second option is Web3 which involves connecting a Venom wallet and holding a number of VENOM tokens equal to the next level of DTC Mining. These tokens are only needed for verification during the upgrade process and can be sold on the exchange afterward. For instance, to reach level 9 in DTC Mining, users must hold 9 Venom Tokens in their wallet.
At press time, the VENOM token price was trading at $0.154, after a spike of 0.96% with $152,215,824 in market cap and $4,540,733 in 24-hour volume.
Additionally, preparations are underway for listing, and only active users within the application will be eligible for the Venom Airdrop and Dotcoin Airdrop. This move aims to reward active participation and ensure the benefits are distributed among engaged community members.
These changes are designed to streamline the upgrade process and foster a more active and involved user base, aligning with the broader goals of the DTC Mining initiative.
Dotcoin has announced a distribution of 50K VENOM tokens to its community, encouraging users to connect their Venom wallets and participate actively on Telegram. The DTC Mining system has been updated, offering two upgrade paths: Web2, which focuses on community engagement, and Web3, which requires holding VENOM tokens for verification. Only active users will be eligible for the airdrops, promoting a more engaged and dynamic user base.
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